MHP’s and RV parks are slept on assets. This has the opportunity for us to raise NOI literally 1000%. They have very little management and capex needed also
@GenZMultifamily@Jacob_Naviaux We did about 20 ish foreclosures last year. Sounds like you’re in a bush county. We have maybe 5/week here. Great way to make $. We made 7 figures off our one county last year and left a lot on the table. Tons of fun but working with rough people
@indexnforgetit Bought a $96k sticker GMC Sierra 2500 AT4 diesel when I was 26/27. Just sold it and got a 2 year used base model sierra 1500. Feel a lot more at peace. So easy to sell yourself on options you don’t need now
@VladTheInflator This is slop. Only applies to investment grade houses. Of course I cant get $20k/mo rent for our 6300 sqft 6 bed house on 5 acres in the most exclusive neighborhood around here.
@rockhillsranch Offered this to my 16 year old nephew with “think and grow rich”. He is interested in financial success. Told him to write a report on it, he texts me back a few days later with a 2 sentence “summary” 🤦♂️
@VladTheInflator We’ve got a couple local to us that are doing great things locally. Investing billions into local infrastructure, schools, hospitals etc. Has made our relatively small city into a top 10 market in the nation.
@QC_Capitals Certainly, if you can place it. Bought this 45 unit lake front RV park for $90k cash down. Cash flows over $25k/mo with way more upside left, seller financed at 5%. I bought this last year when I was 29.
@sweatystartup I do almost same thing to this day. 2 McDoubles is $5 and we have free drinks at my coworking office. We have 8 figures + in assets but now being frugal is engrained in ever since I learned the time value of money.
@RoaringHammy Just finishing building this one, 6k sqft, high end finishes. New materials, architectural and engineering options etc are on a whole different level than 10-20 years ago.