What do you think about this?

Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information”.The BOI program, a key tool in the fight against financial crimes, requires every business to document their 'Beneficial Owners '.

Purchase price: $350,000 Cash invested: $74,000 Purchased this 28 unit RV & Boat Storage facility in Missouri. 2023 construction - 100% occupancy at purchase.

So I require skin in the game (average is 5% to 15%) to offset this.

So admins please let me know if this post needs to be moved to a different category. 

Personally, I prefer being able to access my money without penalties since it’s mine.

Welcome to BP Nichole! 

Key takeaways from the Southeast Build-To-Rent Summit today held by Bisnow1) Peter Michaels - BTR Rental Premiums Compared to Garden-Style Multifamily:- Townhome BTR: 10% rental premium- Single-Family Attached: 15% rental premium- Single-Family Detached: 30% rental premium 2) Kimberly Byrum - Average age for first time homebuyers today is 35.

Since your place is already furnished you can test this out pretty easily by changing the minimum stay to 30 days.

I am new to this multifamily/commercial side of things.