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All Forum Posts by: Christine Lenz

Christine Lenz has started 2 posts and replied 8 times.

Post: Mobile Home Investing - Dealer License in NJ

Christine LenzPosted
  • Lumberton, NJ
  • Posts 8
  • Votes 0

Thanks @Bill Neves, didn't give that a thought, hopefully that will resolve the problem. Appreciate the help. 

Post: Mobile Home Investing - Dealer License in NJ

Christine LenzPosted
  • Lumberton, NJ
  • Posts 8
  • Votes 0

Hi Guys, 

Thanks for responding. 

Yes, @Justin Bush, it did occur to me that the state employee I spoke with may not have been well informed. The trick of course if trying to figure out who is...lol. Not sure what the situation is with your uncles' mobile homes, but it seems that a dealer license is only needed if you intend to be buying and selling mobile homes. If he's renting them out then he's not required to have a dealer license. Which is an alternative that I can keep in mind, however I wasn't really looking to become a landlord. May have to change my thinking. 

Thank you @Mark Nolan, for welcoming me to Bigger Pockets. 

@Nathan Paisley, thanks for the advice. I have watched the podcasts and will contact the guests. Maybe they will have a little insight into my situation. 

Appreciate all the advice.

Post: Mobile Home Investing - Dealer License in NJ

Christine LenzPosted
  • Lumberton, NJ
  • Posts 8
  • Votes 0

Hi there, 

I'm new to investing and have found that I have an interest in mobile home investing. While researching this niche I read that most states at some point require you to obtain a dealer license in order to buy and sell mobile homes. I live in NJ and contacted the Department of Motor Vehicle to get more info. I explained that I'm interested in purchasing mobile homes primarily in mobile home parks and either flipping them or owner financing them. I was told that in order to buy and sell mobile homes in NJ I would have to obtain a used car dealer license and meet all the mandatory requirements, one of which is showing proof that I have a physical office with signage and a lot that is large enough to park two units on. Obviously that requirement makes sense for an actual used car dealer, but not for mobile home investing. Unfortunately the person I spoke to could have cared less and could offer no alternatives. So I'm wondering if there are any New Jersey mobile home investors out there who might know the solution for my problem. 

Thanks 

Post: New member from Philadelphia

Christine LenzPosted
  • Lumberton, NJ
  • Posts 8
  • Votes 0

Hi Derek, 

Welcome to BP. I'm a newbie as well, from Lumberton NJ, about 30 mins. from Philadelphia. I'm still searching for my niche here. Wishing you luck in your endeavors. I'm sure you'll find tons of great information here to help you get started. 

Post: Hi! New from Lumerton, NJ (near Philadelphia)

Christine LenzPosted
  • Lumberton, NJ
  • Posts 8
  • Votes 0

Hi Ashley, 

Nice to meet you. I'm doing my best to soak up everything I can. There's just so much, it can get a little overwhelming. LOL. 

Post: Hi! New from Lumerton, NJ (near Philadelphia)

Christine LenzPosted
  • Lumberton, NJ
  • Posts 8
  • Votes 0

Hi Antoine, 

Thank you for welcoming me to BP. I will certainly continue searching around the site,  I'm sure that I'll find something that'll be a great fit!

Post: Hi! New from Lumerton, NJ (near Philadelphia)

Christine LenzPosted
  • Lumberton, NJ
  • Posts 8
  • Votes 0

Hi Rachelle,

Thanks so much for the warm welcome.

Post: Hi! New from Lumerton, NJ (near Philadelphia)

Christine LenzPosted
  • Lumberton, NJ
  • Posts 8
  • Votes 0

Hi, 

I'm brand new and Bigger Pockets has opened a whole world that I never realized existed. I have no experience in real estate other than purchasing my own home many years ago. I can't believe the amount of information and education available through BP and it's members.  I've spent every day for the last few weeks on BP reading and listening to Podcasts trying to decide where to start, as there are just so many niches. 

My husband is a truck driver and we currently travel together. He drives and I handle the business end of things. We stay on the road 4-6 weeks at a time, before heading home for 3 or 4 days. We don't really want to give up this arrangement yet, but would like to begin investing in real estate so that at some point we can slow down or get out of the truck completely.  I'm wondering if there's any way to realistically get started in real estate investing when you spend 90% of your time away from home? 

Any input is truly appreciated. 

Thanks!