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29 June 2015 | 5 replies
Yes, I live in So Cal where music, film and entertainment people abound, however I did not want to have to think about how the product gets made, only show up and be the Johnny Carson, not the boom operator.
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3 July 2015 | 20 replies
Which is how 90% of the US markets operate.
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29 June 2015 | 4 replies
Would be great to have a referral for a carrier that operates in AZ.
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4 July 2015 | 7 replies
I was wondering if I could get some feedback from seasoned MHP investors on the following potential deal:21 Owner Occupied Lots @ $225-$235 5 Rentals Units @ $295-$365 22 Vacant Lots 1 Stick Built Home Sold on Contract @ $595Average Monthly Income: ~$7,005 which equates to ~$260 per lotGross Income Income: $84,060 Expenses: Landscaping / Maintenance: $8,350 (9.93%) Insurance (liability only): $250 (0.30%) Real Estate Taxes: $8,400 (9.99%) Utilities: $2,700 (3.21%) Administration: $1,800 (2.14%) Waste Management: $4,600 (5.47%) Total Expenses: $26,100 (31.05%) Net Operating Income: $57,960Assuming a 10% Cap rate the value of this property today would be $579,600.
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5 July 2015 | 8 replies
I have a property I am considering buying I believe I am going to keep it as a rental due to low operating cash but can still possibly flip.
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19 September 2015 | 22 replies
Now that I have 12, I am understanding the "ebb" or "flow" of operating capital and how to easily keep 6 months reserves, it is all easier with more cash flow now, in a few years you can refi or pay extra principal if you like.
5 July 2015 | 1 reply
If you set up and operate your LLC properly, you cannot be personally sued by a tenant, and you cannot lose any personal assets.
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7 July 2015 | 17 replies
This is how I have operated thus far.
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13 October 2021 | 7 replies
And normally, the lawyer will help draft the operating agreement or partnership agreement.
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13 October 2021 | 8 replies
I have 5 StRs right now but all are single family , considering a multifamily unit in a popular area in Vermont with commercial zoning available . have tried to gather data from Airdna & Rabbu.. few listings out there which operate in this fashion .