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All Forum Posts by: Corey Woodruff

Corey Woodruff has started 24 posts and replied 154 times.

I have a tenant that pays rent every month but is constantly starting problems calling the township on me and also threatening now to Sue me . is it a legal to not renew this person's least if they are on a month to month lease and own their own trailer i want too evict this person immediately but need to know the right way to do it.  the park is in Michigan in case that matters.  

thanks i really appreciate the help on this.  

Post: Buying a park with older small lots

Corey WoodruffPosted
  • Saginaw, MI
  • Posts 161
  • Votes 66

The park is in Michigan that I have under contract for 375k with 50k down, The lots are 50-60 ft, what I am wondering is who do I contact about moving in bigger homes, I called the local city hall that the park is in and they had no information to give only to tell me that MH parks are state certified. So do I call them? What branch do would I call to find out what hoops I have to jump through.

Also the park is grandfathered in and not up to code so is the state going to make me bring the park up to code to be able to bring in new homes?

Post: Owning a MH PARK in michigan but living in OHIO

Corey WoodruffPosted
  • Saginaw, MI
  • Posts 161
  • Votes 66

when creating my LLC does it matter what state I put down for a business address, example would it matter that my llc is based in ohio while I am doing business in Michigan>??

awesome advice. thats what i planned on doing I know some large cities are all based around zip codes determining which neighborhoods are good or bad. 

Thanks

I am being relocated to Lima Ohio from saginaw michigan and I am wondering if someone could help me out with the bad zip codes, good zip codes in the area. Ill be looking to buy a multi family in the area.

Also Troy, and Dayton Ohio

Thanks 

Corey 

Post: Raising rents???

Corey WoodruffPosted
  • Saginaw, MI
  • Posts 161
  • Votes 66

now worries i thought maybe you didnt understand the setting cause yes 300 a month would be a shed for a house haaha. no worries though it didnt come off rude at all. thanks for participating in my question though..

Post: Raising rents???

Corey WoodruffPosted
  • Saginaw, MI
  • Posts 161
  • Votes 66

Its the lot rent at a mobile home park sir. 

Post: Land contract deal

Corey WoodruffPosted
  • Saginaw, MI
  • Posts 161
  • Votes 66

Buying a mobile home park on land contract do you guys have any advice on how to stay protected in this deal. Any advice is greatly appreciated!!!!

Thanks Guys,

Corey 

Post: Forming an LLC.

Corey WoodruffPosted
  • Saginaw, MI
  • Posts 161
  • Votes 66

Any good books any of you guys suggest me to read to really get a good understanding on forming LLC. and forming partnerships. any help would be greatly appreciated.

thanks guys

Post: Partnership Advice...

Corey WoodruffPosted
  • Saginaw, MI
  • Posts 161
  • Votes 66

My partner and I have a mobile home park under contract and we are wondering if anyone out there can give us some examples of some basic partnership aggreements we should have between one another. this partnership is a 50/50 split along with expenses. but what about the death, divorce of a parnter. What if one partner wants out and the other doesnt want to sell?? Can someone give us some advice or point us in the direction of a good book on forming partnerships.

thanks guys

Corey W.