Eliot M.
Mobile Home Park Valuation once and for all
27 April 2018 | 6 replies
Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (or divided by market Cap Rate... pick your fancy)The problem with using the NOI is that you can never trust a seller's numbers.
Nathan Platter
Is my Biz partner deceiving the Lender about secret funds?
7 May 2018 | 7 replies
In most cases the fact that you’re using cash to rehab house is not relevant to the financing but in some cases it is I don’t have enough information to determine that at this point.
Brandon Cravens
Mobile Home Park Name Poll
30 April 2018 | 13 replies
What if you named it simply "Hilltop Park" and with that in larger letters on the sign, put smaller below it "a mobile home community" or something like that....just my two cents as I needlessly stressed picking the right name for my car detailing service business back in 07 and it paid off greatly over the years in name recognition and verbal referrals.
Austin J.
Creative financing ideas for a small commercial plaza..
7 May 2018 | 2 replies
Figuring that out will go a long way to determining how to structure things.
Tom Smith
Best way to figure out expenses to ask a property manager?
2 May 2020 | 2 replies
When determining utility averages, how narrow of an area/areas should I be looking to find an average for?
Caitlin Bigelow
How to evaluate building an ADU vs. buying a SFR.
29 April 2018 | 9 replies
In fact, I am analyzing one now that has very little cash flow (basically is projecting cash neutral) but we are trying to calculate the value add to determine if to move forward.Hope this helps.Good luck
Calvin Thomas
Problems renting multi-family in Albany / TBT
27 April 2018 | 4 replies
Anymore, we find they have too much on their plate and us down in the City have to pick up their slack.
Carrie Leigh
Allo, from a new investor in Central Florida
27 April 2018 | 1 reply
My day job is in IT but now that I am facing the need to either invest in more schooling to advance in my current field or change fields, I am determined to get away from the uncertainty of relying on others for my employment and be my own boss.
Nilofer Sickander
Pulling Comps through public records in Virginia, Maryland & DC
2 May 2018 | 5 replies
The tools are awesome but I'm struggling to pull comps to determine ARV.