20 March 2020 | 6 replies
I have looked into getting non-conforming use permits, conditional use permits, zoning use variance requests, etc. but this process could still be very lengthy and I'm afraid this will open a can of worms that will cause the county to further look into it and raise more issues.My main concern/worry is that when it comes time to refinance the property after the (minor) rehab has been done, lenders may not finance the property on a long-term loan due to a non-conforming use of the property.
23 March 2020 | 26 replies
We saw it as a “we are all in this together” moment and maybe “its not all about the money” moment but are also concerned about setting a precedence.
21 March 2020 | 4 replies
My concerns are:1) Renter mentality versus owner mentality - I understand that finding quality renters for a mobile home can be difficult and I really like that selling provides the buyer with a owner's mentality and pride of ownership.
20 March 2020 | 7 replies
I find that those who actually inquire are generally motivated and/or qualified.A virtual tour on your listing will help people make a decision sooner without the concern of going to a showing.
21 March 2020 | 28 replies
We are most concerned with out assets with more blue collar and lower income residents (C and B- assets).Multifamily is still recession resilient but I'm not sure anything is pandemic resilient.
12 March 2020 | 6 replies
The two biggest concerns that come out of this are:1 - Does your city/state require them to?
28 March 2020 | 5 replies
The amortization change is a big hit on cash flow, but only the principal reduction is impacted and you get 100% of that back in the end.My only concern is that the COVID-19 impact on lending is not yet known, and a bird in the hand is worth two in the bush.
17 March 2020 | 18 replies
My only concern is that rent would have to be really expensive.
18 March 2020 | 21 replies
I see so many that are super concerned about the cost of using HM but yet these people are more than willing to shell out $5K for some coach or mentor somewhere.
17 March 2020 | 11 replies
Also, if the market starts going south foreclosures will rise and deals will be aplenty....but I would have already put all my eggs in this basket.Am I being paranoid, are these concerns legitimate, or something else?