Anyone with experience purchasing Mobile Home Parks able to give me some advise on things to ask or look for in the due diligence phase? What metrics should I use to determine if it is a good deal? Thanks in advance...
Hi everyone,
My name is Jared Smith, and I am currently a 21 year old junior at Virginia Tech. I am double majoring in Business Management and Real Estate. ( I know this is not necessarily needed for real estate pro...
Hello Everyone! We are a husband/wife LLC (single member LLC, disregarded entity) and report our rentals on our personal taxes. We currently have four multi-families in two LLCs (10 tenants). We plan to add more small...
Hey BP!We are purchasing a mobile home park in a community of about 16,000 people. There are several smaller towns along the outskirts that have a few thousand people in each. The closest large metro are is about 2 ho...
Greetings BP community! Newbie investor here, learning some lessons the hard way. I have over $11,000 in missing rent/late fees from a total of 5 tenants. Luckily they have all vacated the property, I am currently cle...
Here is a quick take on what I've noticed on what separates successful businesses or individuals in the short term rental space vs. those who fizzle out, end up closing up shop or end up getting results they're not ha...
We self-manage 55 units that we own and are looking to expand. However, we use multiple ways to collect rent, e-sign leases, send applications, record payments. We are wanting something that it can all be done through...
I currently own 10 units around Louisiana. 6 of the units are self managed and 4 are managed by a property management company but we actively manage the property manager. We are looking into strategies to further stre...
Family holds a light industrial property that has been leased to the same large utility company since the 80s and has never had a commission associated with the lease. The lease was coming due and as part of renegoti...
Good Afternoon,I have seen a lot of people need a property manager lately and I am thinking about starting my own company to do it. I have managed a property for someone that lived in Connecticut before. I didn't have...