All Forum Posts by: Amos Stoltzfus

Hi I'm looking at buying a mobile home, but I not sure if it is  deal. It is a 14x67 Redmond, 980sf 3bed/2bath it was build in 1997. The guy is asking for 10k. I just looked at it today, it has a solid floor, new siding, new roof, and most of the windows are new, including a new front door. the lot rent is $430 it includes water, sower, and trash. The current owner has been living in it for awhile (I forget how long, but it was over 7 years). He started renovating it, but did not finish, and bought a house and is moving out in a few weeks. When he redid the siding, he said he added 1 inch insulation under the siding instead of the original 1/2''. Has electric bill is around $90 a mouth year around, and his heating bill is around $400 per year (it is propane heat) The appliances do not come with it. It is located in New Providence PA, 17560.

There is another mobile home about 1-2 miles down the road which he said charge around $250 a mouth for lot rent. And based on my research, I could get around 700-900 a mouth for rent if I where to rent it out. My plan is to fix it up and then sell it.

Have you looked into mobile home investing? I have heard that it is a good alternative if you have little money 2-5k to get started. There is a youtuber who does just that his channel is called john Fedro.

Welcome to BP, I'm also from Chester county PA in Nottingham. 

Welcome to BP. What REIA are you a member of, I live right along the PA Maryland line, and the closes REIA is about 45 minutes away.

I did a little research on net listing, and from what I found net listing are legal in PA, but I'll ask my attorney just in case. 

Joseph Leofsky That's nice to know< I have been thinking about buying a multi unit in Coatesville

PA, I had no idea I would need a license. Where can you find such information form different cites?

Thanks, I'm studying to get my license in PA, I know I need to but my brokers name on my mailing when mailing for realtor leads, I was not sure about marketing for other leads. I though maybe if I market in the name of a company, I might not have. I'm just not sure if it is worth it for me to get my license.

Hi I have a question on how marketing should be done, if say for example you are sending out yellow letters for wholesale leads, and you have a realtor license. There are special rolls a realtor has to follow when marketing, my questions is do these rolls apply only when marketing as a realtor, or would they also apply when marketing as a investor for wholesale leads?

Hi I'm also studying for my real estate exam, I'm from Chester county PA. What do you have in mind?

I'm about to start sending out yellow letters in the Lancaster County area. Is that I area you would be interested in?