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Updated over 11 years ago, 05/20/2013
Welcome from Indiana
Hey everyone. Seems like a great message board you've got and a good group of folks here. So, why am I here?
I'm in my early 30's, I am active in some minor real estate (sheriff sale purchases where we re-sell them) I've owned some rentals in the past, and done some minor rehabs after buying properties in the sheriff sales. Also bought them and had a small 6 unit apartment building.
I own a marketing company that does Search Engine Optimization, Marketing Consulting, Internet Marketing, Direct mail, and I am involved in other business projects (joint ventures with people, etc.)
Anyway, enough about that...
My goals are to purchase mobile home parks where the park owns the land--not park owned mobile homes. I feel that mobile homes can provide nice cash flow. I'm in a buy, hold, and accumulate assets position right now so although appreciation is never a bad thing, I'm looking for positive cash flow in my investments.
I think I've got the basics down in terms of what I'm looking for with my experience--however like anything I'm sure there are nuances to this type of real estate like anything.
I'm going over some basics and making my own checklist of due diligence (which I will add to from the other check lists I find here and elsewhere)
Just wanted to pop in and say hello. Hope I can share my experience. Being in Indiana I think is a great opportunity as prices are in line with my goals and current comfort levels.