One of the first things I learned about tenancy, whether it is in buying a hotel or an office building, is ALWAYS budget for 75% occupancy or less. If you can budget for 50%, and make it work, it will pay you handsomely in the future
To avoid the tceq 15 water connections rule all you really have to do is subdivide the land so that each subdivision has under that 15 connections, it's dumb but that's government for ya 😊
can you come look at my land near Tulsa to see if its possible to open a small RV park? I asked a guy and he wanted me to pay up front first instead of looking at the land and giving me an opinion first. thanks.
Thanks man I really enjoy your vidoes. You have excellent advice.
One of the first things I learned about tenancy, whether it is in buying a hotel or an office building, is ALWAYS budget for 75% occupancy or less. If you can budget for 50%, and make it work, it will pay you handsomely in the future
To avoid the tceq 15 water connections rule all you really have to do is subdivide the land so that each subdivision has under that 15 connections, it's dumb but that's government for ya 😊
Excellent review!
In your experience, what percentage of total income seems to be “unforeseen expenses”
How do you handle the sewage in the parks?
can you come look at my land near Tulsa to see if its possible to open a small RV park? I asked a guy and he wanted me to pay up front first instead of looking at the land and giving me an opinion first. thanks.
Email me: mancinoinvest@gmail.com
I’m really curious about landlord insurance policies for these lots. Having so many tenants in one spot must have an effect on the premiums.