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All Forum Posts by: Caleb Reits

Caleb Reits has started 28 posts and replied 113 times.

Post: Mobile Home Investing

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50
Quote from @Rachel H.:

@Caleb Reits If you're looking to invest in mobile homes in parks, I'd say the key difference versus single-family homes is getting your foot through the door with the park manager and/or owner. Once you can get approval to do business in a park, that will set you up for success as others cannot do business there unless they get the OK. 

Also, mobile homes are very specific and have their own parts when it comes to fixing them up. It's important to work with contractors who have experience working on mobile homes when it comes to fix up work. 

One thing I do enjoy about the mobile home investing business is that it's a smaller community. Not many real estate investors are doing it compared to other asset classes such as single-family homes and apartment buildings. 

Hope that helps! 


 Extremely Helpful feedback thank you so much

Post: Wholesale Deal 1245 Gezon

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50
Quote from @Dmitriy Fomichenko:

Nice! Thanks for sharing @Caleb Reits


 Thanks Dmitriy! Would love to connect, I'll shoot you a DM !

Post: Mobile Home Investing

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50
@Rachel H.:& @Dave Rav for the feedback I appreciate it! 

Post: Downtown GR BRRRR turned into Airbnb

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50

Wow that is a Crazy good Deal!! Congratulations man. I would love to hear how the conversion is coming. 

Post: Hard Money Investors in Michigan??

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50

Great questions, Justin I agree with attending the RPOA or other local Meetups. I have a few hard money lenders that I would be happy to connect you with. Please DM me if you still need them. 

Post: New Investor out of West Michigan:)

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50
Quote from @Sean Sloop:

@Kyler Kieft hey Ky! Welcome to BP. I love the west michigan markets for investing. I currently house hack so can definitely help you with any questions about the process.

Feel free to reach out if you have any questions!


 Sean is a great resource for anything involving west Michigan

Post: Short term rentals in West Michigan

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50
Quote from @Todd Bowen:

@Jack Rozema reach out to Jeremy Garcia. He has STRs in the Muskegon area.


 Jeremy is a great person to ask about the STRs in the Muskegon area 

Post: Mobile Home Investing

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50

Mobile Homes

Hey fellow investors, my name is Caleb, I am a local investor in Grand Rapids MI, and am trying to connect with other investors who have experience with mobile homes.

I would like to buy 10 of them within the next 5 years, to increase my passive income, what are some of the key differences in investing in mobile homes compared to investing in single family real estate?

Also is there anyone within an hour or two of me who is actively working on mobile homes, in parks or etc.?

Post: Fire Damaged Properties

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50

Hey everyone!

Question: Fire damaged properties..?

I know these can be a lot of work for a flipper or buy and hold - or whatever you may invest in these to do, but are they too much work to invest in period? What about when a property has been vacant for a while after a fire? I can imagine some weather related damage but the question still is - is it too much work to invest in? How long would it take? Does the city it's in give you a hard time when pulling permits/rebuilding?

(I know it all depends on the fire but lets say it caused a medium amount of damage) Thanks in advance!

😊

#GrandRapids #Muskgon #Michigan #WestMichigan #CityLightsRentals #Kentwood #Holland #GrandHaven #Shorttermrental #Rental #FireDamage

Post: Fire Damaged Properties

Caleb Reits
Pro Member
Posted
  • Investor
  • Grand Rapids, MI
  • Posts 125
  • Votes 50

Hey everyone!

Question: Fire damaged properties..?

I know these can be a lot of work for a flipper or buy and hold - or whatever you may invest in these to do, but are they too much work to invest in period? What about when a property has been vacant for a while after a fire? I can imagine some weather related damage but the question still is - is it too much work to invest in? How long would it take? Does the city it's in give you a hard time when pulling permits/rebuilding?

(I know it all depends on the fire but lets say it caused a medium amount of damage) Thanks in advance!

😊

#GrandRapids #Muskgon #Michigan #WestMichigan #CityLightsRentals #Kentwood #Holland #GrandHaven #Shorttermrental #Rental #FireDamage