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21 April 2024 | 47 replies
You have to kind of buy as the momentum is driving it that way but not at the peak of it, weather the mark to market volatility that comes with it, manage the physical risk that comes with, and reap the blow out rewards that eventually will come if you bought in the right areas.If debt is cheap it makes sense spread the risk around cause your floor is a lot lower, if debt is expensive it makes more sense to own it and and actually qualify your risk in areas that demand is still high, and supply is getting constrained and force more pressure on it.
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18 April 2024 | 26 replies
Based on you OP, I would consider keeping $50K in reserves in checking or savings account.
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17 April 2024 | 22 replies
By looking at the kind of deals that get funded and the profiles of the syndicators, you get a sense as to who are the good ones.
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19 April 2024 | 15 replies
However, always double-check with your lender to be sure.
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18 April 2024 | 2 replies
I do not want to come at this aggressively but before I make another attempt to contact him I’d like to find out a little more about any kind of leverage I have.
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18 April 2024 | 2 replies
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18 April 2024 | 5 replies
@David Bridgman You may want to check with local mobile home dealerships and other mobile home park managers and/or owners in the area.
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18 April 2024 | 33 replies
Make sure to bring either a personal check or a money order for the amount required.Thanks everyone!
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17 April 2024 | 4 replies
On a somewhat related note, I would refrain from contacting these tenants by texts, phone calls, or voicemail for these kinds of issues.
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18 April 2024 | 43 replies
@Brandon Morganyes, check out the Lehigh Valley.