An acquaintance is wanting to move and she's offered us her mobile home park. It's outside of Charlotte, NC on 12 acres and it has five mobile homes currently with long term tenants. There's space for a sixth. All ...
I am close to making an offer on a strip mall. This strip mall is adjacent to a Home Depot and is covered by a CC&R written by Home Depot. This CC&R has ridiculous restrictions severely limiting who can be a t...
What are some of the general requirements banks are looking for to refinance a park? I am thinking about occupancy levels, income vs. expense ratios, that sort of thing.What % of the equity do they usually look to kee...
Hey Guys, I am in the process of starting a real estate investment company with my partner. We have completed the LLC/Operating Agreement and now need to open a business bank account. We had a consultation with Bank o...
Hi All,Wanted to get opinions on CoStar. We are looking for Commercial property in Northern AZ, likely around Prescott. We've been in touch with CoStar. Their initial pricing was a bit much, but have since received...
In my previous post under a similar heading I talked about my main learnings from a land deal that I'm working to close. In that article I focussed on what to be mindful of BEFORE signing the contract. In this post, I...
So I am working on doing market research in the MHP industry. I want to be very open here and let you know that I am not trying to sell anything!! I am a Software entrepreneur conducting some research.
That b...
I am new to real estate and I am looking to invest in a property that seems to be a good candidate for triple net lease. If I were to purchase the property how would I go about looking for tenants. For example major r...
Hi BP,We just purchased a mixed-use building with 7 units of retail on the ground floor (13,000 sq. ft.), office above (13,000 sq. ft.) and a really cool basement (8,000 sq. ft.).We bought the building vacant except f...
Hi everyone,I am looking to move into the city of Chicago and house hack a 2 - 4 unit, what north side neighborhoods are your favorites?