29 October 2025 | 4 replies
I think the biggest challenge for me and my team at the moment is managing & maintaining growth.
3 November 2025 | 18 replies
I have no idea if James' allegations are true or not, or if the questions he poses about OP are reasonable ones to pose.
28 October 2025 | 1 reply
I would just pose appropriate due diligence questions, like any other investment.
22 October 2025 | 2 replies
Hello Vladimir,In many instances, an investor-friendly agent will know exactly what questions to pose to a seller OR seller's agent.
5 November 2025 | 3 replies
This is important because many newer investors try t make their rentals like they would live in them instead of, "Maintaining to the Neighborhood".- So, a Class C rental, should be maintained to Class C standards, not Class A.--- You can go up ONE Class (maintain Class B to Class A standards), but not more than that.
21 October 2025 | 3 replies
Stay legal by marketing your contract, not the property, and never pose as an agent.
29 October 2025 | 12 replies
Who and how it is maintained is ultimately decided during the subdivision process.
3 November 2025 | 1 reply
While the risk technically exists, the practical reality is that enforcement tends to be minimal, particularly when properties are well-managed and maintain a low profile within their neighborhoods.Across most major counties—Clayton, Fulton (including City of Atlanta), Cobb, Gwinnett, and DeKalb—rent-by-the-room typically falls under a “rooming” or “boarding house” classification, which is not permitted in single-family zones.
7 November 2025 | 1 reply
I’m considering a 1031 exchange and would like feedback from investors who have experience with mobile home parks, particularly smaller, park-owned operations.Current Property (Selling):Duplex purchased in 2021 for approximately $145,000; estimated current value around $210,000\Loan balance: about $90,000Gross rent: $2,400 per monthNOI: approximately $16,000–$18,000 annuallyCash flow after mortgage: around $750–800 per monthLow management requirements and stable tenantsReplacement Property (Under Consideration):Seven-unit mobile home parkAsking price: $395,000Rent: $750 per unit plus $40 for water (total $5,530 per month; $66,360 annually)100% occupied with long-term tenants, several in place four to five yearsAll homes are park-owned, purchased between 2016–2018 with metal roofs and Hardie sidingOwner pays water and sewer (aerobic septic); tenants pay electric and trashMaintenance handled by one individual for $400 per month using personal equipmentGravel road, well maintained; potential to add one or two additional homesMy Pro Forma:Vacancy: 5%Expenses: approximately 40% of effective gross income (includes water, insurance, taxes, maintenance, mowing, etc.)Estimated NOI: $37,800Financing assumption: $255,000 loan at 8% interest, 25-year termAnnual debt service: approximately $23,574Projected cash flow: about $14,250 annually ($1,188 per month)Cap rate: approximately 9.6%Cash-on-cash return: around 10% on $140,000 downDSCR: 1.6 (strong coverage)If the price can be negotiated to the $360,000–$370,000 range, the cash-on-cash return improves to roughly 11–12%.Pros:Consistent, well-maintained units with matching exteriors.
30 October 2025 | 3 replies
Tenant agrees to maintain all furnishings, furniture, décor, and household items in good condition and to use them only for their intended purpose.