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25 April 2024 | 5 replies
The scarcity of options that these people have makes them happy to drive a bit to solve their problem while also maintaining their comfort and safety during their stay.
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29 April 2024 | 113 replies
I think we might graduate out of startup mode by the end of year 10.
25 April 2024 | 10 replies
I'm in research mode now to figure out if this is even a doable idea.
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24 April 2024 | 2 replies
I deal with development opportunities where I can and synergies between local businesses.Then I have my operations manager who handles most of the day-to-day management of the properties, and they manage some of our contractors and managers.Our model is a little different than large parks because we have regional managers that cover multiple communities vs a single one.The pain point right now is mainly having consistently qualified contractors and filling vacant spaces as quickly as we can.
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25 April 2024 | 9 replies
What most fail to realize is the STR model is more of a business operation whereas a lender cares about the fundamentals of the real estate.
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29 April 2024 | 168 replies
Seeing a tree down in the front yard (that was not there two weeks ago) got me thinking about this.2) Address any safety issues (such as the tree or other trees) both outside and inside the home.
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23 April 2024 | 2 replies
@Shiloh LundahlTheoretically assuming properties were identical in every sense yes because I don’t need cash flow and would rather have the extra $100k in equity.Now $600/mo could get you another $100k mortgage to get you another property that could potentially also cash flow but for me personally I am in equity play mode now income mode - just my personal choice but nothing wrong with the other scenario
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24 April 2024 | 6 replies
QI failures can fall into several categories: scammers who steal money or information, ineffective operators who can blow your Exchange and get the IRS after you, weak QI infrastructures that don't have adequate insurance or safety protocols against outside fraudsters, etc.
29 April 2024 | 248 replies
They want that money working day 1.Many of my investors making millions per year or higher at their job or business are more concerned about safety of the investment and the hassle factor ( variables in a syndicators pro-forma that could go wrong and the returns could not materialize like they hoped ).Someone mentioned office.
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24 April 2024 | 0 replies
Make sure the space meets local building codes and safety standards.Market Research: Research rental prices in your area to determine how much you can charge for the basement apartment.