I recently came into some extra money and want to invest in a mobile home park. Everything I see lists cap rates. What is a cap rate and why is it useful? Any information is appreciated.

Here is my situation.  I invest in rental homes mostly.  I have exhausted my 10 FannieMae/FreddieMac loans at this point with both single family rentals and a duplex.  I am a physician with excellent personal credit, ...

I'm purchasing my first STR in Myrtle Beach and am trying to figure out handling times when guests need me and I'm unavailable. I work another job full-time and travel between PST and EST, so there will definitely be ...

Hi everyone! I'm building my core 4 and contacted an agent and he asked for proof of funds letter before speaking. Can anyone explain what the purpose of the proof funds letter is at this point? What's the best method...

I have a duplex and a SFR. All rents (from 5 different payers) gave me 100% rent payment this past week. I'm thinking of sending the following letter to my tenants. I have not been in communication with any of them fo...

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Seeing if a syndicator is the right fit for me.  He works with a partner whom my syndicator says has the cash and the property management experience.  Syndicator (whom I know personally) is more of the deals guy and a...

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You just got a motivated seller on the phone... He invites you to come down and make him an offer.

You drive up check out the place and inspect it for a potential money maker.

What are you looking for to ...

I've done a lot of reading, researched on the web as many places and as many topics as I can think to look up, really want to get started and see if I sink or swim (really hoping to swim!). I've got some money stashed...