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All Forum Posts by: Blair Ross Jr

Blair Ross Jr has started 7 posts and replied 16 times.

Quote from @John Underwood:

Download some of the STR analysis spreadsheets. Some are on here.

Also read through old posts here and read Avery's 2 books.


The STR spreadsheets can be found in the Short Term & Vac Ren Discussions?

Best advice to someone just starting...What are the best sites to use for analyzing deals, property management platforms or any insight to assist the learning curve would be greatly appreciated!

Post: Mobile Home Park

Blair Ross JrPosted
  • Posts 16
  • Votes 7

New here, does anyone know if you need any special license to own, operate or expand a facility in Michigan?

I'm brand new, just getting started, so trying to get everything in order. Thank you both for your input.

Quote from @Jake Baker:

@Blair Ross Jr

Backflip is a solid tool for analyzing flip and BRRRR deals. It helps estimate ARV, rehab costs, and potential returns and offers funding options.


 same for long term tenants?

What platforms or programs do you use to assist you in selecting a tenant?

Does anyone know if loans are 90/10 or 80/20?

Newbie here...does anyone use it, whats your thoughts?

Thank you for replying, Mark

Quote from @Jake Baker:

@Blair Ross Jr

Electric/Gas:
Contact the utility provider to see if separate meters are allowed for your property. You'll likely need an electrician or plumber to install separate lines/meters. Costs vary but can range from $1,000 – $3,000 per unit.

Water/Sewer:
This is more complex and may require approval from your local water authority. Plumbers can separate lines, but trenching and additional work can drive costs into the $5,000 –$10,000 range. Some areas allow sub-metering instead, which might be cheaper.

I would contact a local contractor or utility company to assess your property and get quotes.


Greatly appreciated, thank you