All Forum Posts by: Charles Seaman

@Jeremy Helsabeck Part of the reason is because I live in Charlotte and it's not too far from there.  And the other part of the reason is because it'll experience some of the benefit from prices in The Triangle being so high.  The high prices in The Triangle will force investors to look at The Triad more and more, so Winston-Salem will get a rub from this.

@Dallas Campochiaro Are you looking for smaller multifamily properties (5-10 units) or larger multifamily properties (50+ units)?  I can refer you to different people depending on what you're looking for.

@Andrew Day If you want a course, then I'd recommend going with RE Mentor.  Check out the link below for reference.

https://rementor.com/education

@Thomas Loggins For clarification, when you're referring to online, value-add strategy platforms, are you specifically referring to crowdfunding platforms?

Thanks @Chris Ebert.  It's 90 units and the plan would be to hire a third-party management company.  Do you have any management company recommendations?  I'm currently working on finding a good one, but the pool is definitely a lot smaller than for management companies that handle conventional multifamily properties.

@Alina Trigub Thanks for your reply.  Conventional multifamily is still my priority.  This just happened to come across my desk, so I looked at it.  This one here has mostly tenant-owned homes, with only one (1) park-owned home.  However, given the lower expenses, reduced competition, and ease of management, it might be worth seriously thinking about looking at more of them.  Have you ever invested in one?

Thanks @Andy Bauman

This is a regularly scheduled monthly Meetup that's held on the 3rd Wednesday of each month from 6:00 P.M. to 8:00 P.M.

Click on the link below for our Meetup group. Once there, you can find the link to the event and RSVP for it.

https://www.meetup.com/CharlotteRealEstateBuyingandInvesting/

This is a regularly scheduled monthly Meetup that's held on the 3rd Thursday of each month from 6:00 P.M. to 8:00 P.M.

Click on the link below for our Meetup group. Once there, you can find the link to the event and RSVP for it.

https://www.meetup.com/Raleigh-Multifamily-Real-Estate-Buying-and-Investing/

Hey guys.  I'm an experienced multifamily investor that's looking at a mobile home park community for the first time, so I want to channel your inner gurus for a little bit of knowledge.  For those of you that regularly invest in mobile home park communities, what is a standard expense ratio for an all lot rental community with direct-billed utilities?