getting the correct paperwork if you are selling or renting
Wednesday, April 21
Now is a good time to get your paperwork in orderif you are going to rent the mobile home please go to a local investors club in your area and join the club to get their lease, do not get them off the internet because they will not protect you from the issues with tenants.If you are planing on se...
picking your tenants that you will be selling too
Monday, March 08
Background and credit checks are a must, I don't care how much money they flash in front of you or how many sad stories you here your home is better off sitting empty with you paying the lot rent that getting a bad tenant/buyer.We have heard every story you can think of and have fallen for a coup...
getting organized in the mobile home flipping business
Sunday, March 07
Organization is one of the most important parts of flipping mobile homes, due to it being lots of paperwork to move around on daily basis, I hired my better half to take care of the paper chase since I am not good at keeping up with these types of things.We have been sampling with Stessa to get o...
Reasons Why You Would Not Invest In Mobile Homes
Sunday, March 07
this is a short list I am sure there are more 1- everybody assumes mobile homes do Not appreciate in value over time 2-they are very easily damaged by the tenants so more repair costs over time 3-you can Not refinance to pull out your money if you want to do the BRRR method4-the windows in mobile...
Reasons why you would invest in mobile homes
Thursday, March 04
The reasons I invest in mobile homes are long, here is a good list to name a few 1- cost of getting started is low compared to other forms of investing 2-cost to rehab the homes is low compared to other types of property3- competition is lower compared to other types of investments4- most people ...
Getting Financing For A Mobile Home
Sunday, February 07
If you need financing to purchase a mobile home in a park your options will be limited to only 2 banks that I am aware of at the time of this post.1- 21st century mortgage, they will offer financing for homes in a park on rented land but you will need about 30% down for them to do the financing.2...