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15 March 2020 | 2 replies
Campground (pros: easy with little upfront fees | cons: I fear there will be very little demand since it is not near any major attractions)3.
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17 March 2020 | 13 replies
So far we see about 25% of our resident base at the most risk of income interruption, which could be a hit to our income but hopefully not devastating, especially if we can stay ahead of it.We are also initiating refinancing some assets to take advantage of the attractive interest rates!
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14 March 2020 | 3 replies
Lending parameters aren't as good, but in this environment there are still attractive options available.
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26 April 2020 | 65 replies
In some markets, low prices attract the wrong guests and cost more in the long run.Driving down prices can hurt the entire market as well.
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13 March 2020 | 2 replies
I also see an opportunity to make an attractive return with the right team.
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14 March 2020 | 4 replies
What I have experienced in many instances is small changes can produce huge results but once again it real comes down to market trends in your area.
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17 May 2020 | 10 replies
We are in the process of refinancing some of our rentals here in Louisville, KY due to the attractive interest rates in order to increase cash flow and pull out some funds to have available on sidelines in case some deals start popping up down the road.
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13 March 2020 | 2 replies
1) They’re real assets, not paper, and they can’t be easily replaced.2) They produce positive cash flow.3) Apartments appreciate when rents rise, the Multiplier.4) Leverage of debt to increase your position.
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13 March 2020 | 21 replies
@Shawn SkaggsThere LTV is quite high too, others go higher, but the terms at KeyBank were more attractive than a few extra thousand on the line.FYI, I did 85% LTV total line of $107,000 and there were zero closing costs.
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17 March 2020 | 4 replies
Amid all the chaos caused by the coronavirus, Tesla just announced that it's looking to open a new factory to produce its cybertrucks.According to Elon himself, it will be located in the "Central US".Elon annoucment: https://www.stuff.co.nz/motoring/120243377/tesla-scouting-central-usa-for-new-cybertruck-factoryDoes Louisville, KY stand a chance to land this mega-factory?