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7 March 2024 | 29 replies
For investors looking for capital appreciation, Class B and C may be better investments for that specific risk profile.
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7 March 2024 | 14 replies
Are there any specific considerations or legal aspects I should be aware of when making this transition?
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6 March 2024 | 9 replies
Your CAP rate will be dangerously inaccurate if you calculate expenses incorrectly so let's break those down.Utility Set-up- As an overview you need to know the difference between city-provided utilities and onsite such as Septic Tanks with Leech fields, lagoons, Wells, EtcGetting more specific what utilities are maintained by the community, paid by the community vs the tenants.I will give you a quick example, I own a park with a bunch of multifamily manufactured units of which I pay the electricity bill.
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5 March 2024 | 4 replies
Old houses have many unknowns and always go over budget.
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5 March 2024 | 10 replies
Hello BP community, I'm currently in the process of searching for a full duplex within a 30-minute commute to Orlando Downtown, with a budget of $400K.
6 March 2024 | 8 replies
But there generally isn't a market for them as such.But that being said once in a while a DST comes on specifically designed for shorter holds and they anticipate an 180 month to 2 year hold.
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6 March 2024 | 7 replies
It really depends on your specific circumstances.
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5 March 2024 | 2 replies
Our property managers who were routinely asked to achieve nearly impossible asking rents could not understand that the budget was not infinite.I tried to reduce the process (and friction) to focus on safety, functionality and curb appeal.
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6 March 2024 | 46 replies
@William Brock I can't say specifically how well these do, but we have lent on numerous VRBO type properties on Canyon Lake recently, and those borrowers seem to be doing well, so other investors are doing just what you're talking about, for what it's worth