Brook Boatman
Pollinator Garden Question
8 August 2019 | 4 replies
I plan to install metal roofs, energy efficient appliances, plant small pollinator gardens, and eventually install solar panels (when solar energy becomes more affordable and if my market will allow higher rent for a lower electric bill).My question is if pollinator gardens could be a liability as they attract bees and other stinging insects.
Abhishek Singhal
Tenant left after trashing property no forwarding address
13 August 2019 | 7 replies
Going to court is a lot of time and energy, plus stress!
Johanne P.
Multifamily Investment Cap Rate Question
8 August 2019 | 8 replies
That implies operating expenses and economic loss of $1,000 per month.
Spencer Cornelia
Lending During a Downturn: What to know?
6 August 2019 | 3 replies
Unfortunately, I only cared about throwing parties, playing baseball, and studying for exams so I missed out on studying the economics of a downturn.For those who were real estate investors during the last recession and others, what is the lending environment like?
Sam Giberti
Economic Podcasts and/or Study
7 August 2019 | 4 replies
Not sure what type of detailed analyses/discussions you are looking for but "BVR" has a monthly and quarterly reports called "Economic Outlook Update" that provide an overlook of the U.S. economy from every perspective (but somewhat high level).
Jarib Rivas
US Real Estate and US vs China Trade War
11 August 2019 | 6 replies
@Jarib RivasI don't have an idea of the effect of a trade war on real estate markets but I think it's an interesting question.My hunch would be that the relative purchasing power of the dollar (and then it follows value of real estate backed by dollars) is affected by the exchange rate.Would be curious if others with a more academic and analytical macro economic and finance mind will weigh in....
Tim Y.
Should I purse this mobile home park?
12 August 2019 | 15 replies
I am a believer in being a deal "maker" rather than a deal "killer" but there are some things you need to know about this deal:1) Assuming that the lot rent is around $200 per month (guessing based on the numbers you posted) you'd have total revenue on REAL property of $3,400 per month.2) The expense ratio on this deal is closer to 50% due to small size and private utilities, hence a net income of $16,800 per year.3) At a 10% cap rate (I wouldn't go any lower due to rural location) the value of the REAL property is only $168,000 plus the value of the mobile homes which are PERSONAL property and cannot be "capped" (figure on maybe $3,000 per home x 14 = $42,000) so the total value of REAL and PERSONAL property is roughly $210,000 NOT $325,000.4) A park in a rural setting like this would have to have a strong test ad result (20 calls in 10 days) or the market is too weak to support the property.Based on experience, I would think this would only work in Nebraska, Colorado, Montana, Wyoming or some state in which there is still high levels of demand for rural housing and economic vitality to push rents in the future.
Account Closed
[Calc Review] Help me analyze this multi-unit deal (San Diego)
9 August 2019 | 13 replies
I see economic issues that can be addressed quickly if necessary.
Luke Borley
Airbnb vs traditional rental?
11 August 2019 | 10 replies
So be sure you run the numbers on both sides, then ask yourself how much time and energy you want to invest and if you actually enjoy being an STR owner.
Garrett Wallis
Questions about the Reality of Mobile Home Investing??
13 August 2019 | 2 replies
I've been researching the topic for awhile trying to understand the economics of the business and where the "value" can best be unlocked, but it always seems that all the articles I find are a lot of talk with very little substance.