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All Forum Posts by: John Mimms

John Mimms has started 9 posts and replied 24 times.

Snake boots, firearms training and a firearm.

Post: Paying cash for a mobile home

John MimmsPosted
  • Campobello, SC
  • Posts 25
  • Votes 5

Homes with land are plentiful here in SC. Tornadoes and divorces in SC are similar in that someone is loosing a trailer.

Post: Paying cash for a mobile home

John MimmsPosted
  • Campobello, SC
  • Posts 25
  • Votes 5

I am new to investing in rental and do not want to go into debt to start my rental business. I was thinking that buying a mobile home on land and renting it. Most post on here are park based and financing based. Is anyone doing what I am looking to do? Is there a huge downside I am not seeing? I am thinking I can spend around 25K and rent the home out for 500 a month. This makes sense to me.

Post: New member from Greenville SC

John MimmsPosted
  • Campobello, SC
  • Posts 25
  • Votes 5

Hello, I am new to the site. My name is John. I am a dentist by training but would like to get into rental real estate in order to establish passive income. I have my real estate license due to incompetent agents inspiring me to get my license. I have bought raw land and my 3 personal residences. I am here to learn. I am thinking that mobile homes is going to be my best entry into rental real estate.