Hi everyone. I'm looking at a 42 spot, 100% full, mobile home park that checks out financially at 8% cap rate. The financials don't bother me at all. However, we just drove through it and the trailers are for the most...
I apologize in advance that the pdf link is through a vendor but I am working on closing the year, month and a lot of other year end stuff and am super busy. Among other horrible things, this seems to require a 6 mont...
My partner and I purchased a 13 unit property about 9 months ago for a million dollars. Comps in the area show the value to be around 1.5-1.75 million dollars. We got this great deal because of a great relationship wi...
Hello BPU.Upon further reading and listening, I’ve finally realized that a partner is a must have for my investment goals. I’ve never been a social media guy and I’m not very good at reaching out to others that share ...
Hello everyone, I would like to relate my experience with Crestcore Realty/Management in Memphis, TN in order to caution investors looking for an honest reliable property manager in Memphis. Crestcore was recommended...
So people think that real estate is passive, I can tell you it certainly is not. I have properties that I thought were rented out, come to find out they are not. I got properties that are rented out that I haven't rec...
What can I do to get some deals going, get some cash flow coming in to where I can pay down my debt/build my credit, AND be able to keep a roof over my own & kids' heads?? I've heard the usual "get a part-time jo...
I picked up a 3/1 SFH in Columbus, OH in October '21 for $82k that had a den that just needed a closet to become an instant 4/1. Original cash flow after a 75% cash-out refi was calculated to have been around $217/mo ...
I recently moved out of a rental property, and I just received a notice from my landlord about some ridiculous charges against my security deposit, which strangely add up to almost the exact amount of my deposit (Hmm....
Hello everyone!I need some help. I purchased a home with this ceiling and definitely I don't like how it looks. Any suggestions?I want to re sell this house in the future and I want to put something nicer, yet not too...