I'm working on my LOI, for a Mobile Home Park. I've run some numbers and looks like their is a tremendous upside. I own a mobile home that I am currently owner financing in this park, and was approached by the owner s...
I am looking at a 160 unit storage unit complex.
What should be the cap rate be?
I figured 10%
What are the occupancy rates should I figure?
I used 85% but not sure how much turn over there is in storage units. I ...
Happy Monday BP. This is my 1st post so please bear with me. I am a licensed realtor inspiring to become a full time investor (buy/hold and PM). What 2 things in the RE world do we hear the most complaints? The abi...
I recently stumbled upon something a contractor said on Facebook. He was stating to find the potential repair cost you must multiple the square foot by 10, 20, or 30 ($10 sq ft for a basic facelift, $20 sq ft for a mo...
Helping a person look at getting into the Storage business.@??????? I'm going to back up the discussion a little versus just "getting" you a storage location. I'm going to take this post below and make it, its own ...
Hello all, I am new to Bigger Pockets, but I've been involved in a rehab for over 3 years now. I'm in a 1,800 sqft SFH rancher. I gutted half my home and put an addition on, and as I tore everything apart, it becam...
I've inherited about 40ac of land an I'm trying to figure out what to to with it. The land is all together and not land locked. It's located about 90 miles from Dallas. There's basically nothing near the land. The...
Hello BP family,I hope that you all are well. I recently found a potential deal and i wanted to get some opinions and advice about moving forward. My goal is to get the house at a great price, make the necessary impro...
Myself and two partners are under contract on a 10 unit MHP in Greene County, NY with well water and septic. The property also has three houses and a 5 unit apartment building. I am looking for an inspector and wonde...