Forum Replies Created

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    Gustan Cho

    Administrator
    April 10, 2024 at 4:28 am in reply to: Solar Panels System Financing

    Not too many mortgage lenders do HUD FHA TITLE 1 LOANS. Most Solar panels installed are around $25,000 to $30,000. Many municipalities offer tax breaks for homeowners who install Solar Panel Systems. Many Solar panel companies are looking aggressively for lenders who can finance Solar Panels. Here’s an article about FHA TITLE I loans for Solar Panels.

    https://gustancho.com/fha-title-i-loans/

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    Gustan Cho

    Administrator
    April 10, 2024 at 1:03 am in reply to: RVPark Plan to transform to Airbnb Village

    Looks beautiful and relaxing. Any golf courses, water parks, entertainment areas.

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    Gustan Cho

    Administrator
    April 9, 2024 at 8:04 pm in reply to: RVPark Plan to transform to Airbnb Village

    I agree. Johnny is a visionary. The real deal, my friend.

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    Gustan Cho

    Administrator
    April 9, 2024 at 6:25 pm in reply to: RVPark Plan to transform to Airbnb Village

    @RPE Johnny, my two cents is if you can, get the RV park and mobile parks under owner financing for 12-36 months. That way you will get a head start to get the cap rate and profitbility at a maximum and go in for an end financing. I am sure many people selling the RV, mobile home, or camp sites often will love to sell you the property and business under contract seller financing.

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    Gustan Cho

    Administrator
    April 9, 2024 at 6:19 pm in reply to: RVPark Plan to transform to Airbnb Village

    Where is this place at? Great idea. Most RV parks or mobile home parks look like dumps. If you can spruce it up and add some class like nice landscape and amenities, I think it will be a hit. First impression sells. Make it feel and look like home.

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    Gustan Cho

    Administrator
    April 9, 2024 at 6:16 pm in reply to: RVPark Plan to transform to Airbnb Village

    I own a 43 feet RV and what you are talking about is right up my alley. Many people give up their permanent homes and buy an RV to travel the country. If there are RV parks that is a permanent spot with all the amenities, I know it will be a hit. Waterfront RV parks is the Golden ultimate spot. Make the RV spot like a permanent home platform and you will get a waiting list going. Nice landscape, amenities like a 7-eleven or convenient store, common area laundry mat and clubhouse, auto parts store or RV mechanic shop, and other amenities where it makes the place like home. Like an HOA system.

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    Gustan Cho

    Administrator
    April 8, 2024 at 11:11 pm in reply to: Buying a New Car

    Has auto insurance premiums gone up substantially? How much does traffic tickets and DUI affect auto insurance premiums.

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    Gustan Cho

    Administrator
    April 6, 2024 at 5:48 pm in reply to: AIRBNB LOANS

    Brent can you please explain the factors that impact pricing the different types of investment properties such as AirBnB’d units? @Brent

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    Gustan Cho

    Administrator
    April 6, 2024 at 5:44 pm in reply to: AIRBNB LOANS

    Johnny, your assumption that you cannot finance an AirBnB’d property with no experience is not correct and I don’t know who told you that. You can finance an AirBnB’d without experience if you contract with a registered property management company. Many real estate agents are registered property management company owners. It can be a one man property management company.

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