All Forum Posts by: Clinton Ide

@Nathan H. That's cool you came across my post! That was definitely an interesting deal .. I am not familiar much with mobile home parks, but saw potential there. I kind of forgot about it as other deals came about, but I still think there might be something there if you get it cheap enough (like always, eh?). I would love to connect and discuss the Casper market with another investor! 

There is a mobile home park for sale in my town listed for $194,500. This deal is land only. All the mobile homes are tenant owned. It is currently set up for 9 spaces, but with a couple adjustments, it can have 12 spaces. Each space has utility hook ups. Water and sewer are all on one meter and paid by owner. Gas and electric are separate.

Anyone have some insight on the numbers on this deal? If lot rents are in the $300-$400 range and there is room for 12 homes, are we looking at something interesting? I would love to discuss this and look at partnering on this del if it makes sense??

@Toni Annis

Toni! Im a real estate investor living in Casper, WY... loved reading about the deal you and your husband closed.. that's great! If you are still around Casper feel free to shoot me a message.. would love you talk real estate with you! 

@Laden Conley 

Laden how's it going man? Ive read through this thread and hope that you are finding success in your contracting venture! 

I am reaching out because I have been researching Jonesboro for a few months now and am loving what I am seeing. 

I have been looking to invest in this market and would really like to speak with an investor/contractor that actually lives in the area and could give me some great insight! 

If you would like to chat, feel free to reach out! Thanks Ladaen. 

So I am about to close my first deal.. FHA owner occupied Duplex.. I will be breaking even on this deal this first year and expect to net near $1200/month in a year.

I still have $15 k after closing and am super eager to find the next deal! 

What is your advice on my next move? Private money to BRRRR.. conventional .. partner ..? Im ready to makes moves and am confident in my ability to find deals.. I just want to be ready to pull the trigger with the best possible exit strategy.

Thanks BP fam I appreciate you!