All Forum Posts by: Forrest Rohde

Here in AZ we have a tremendous influx of out-of-state buyers.  

I would like to create a referral network from other agents, wherever you are, to us.

We are a Keller Williams branch office, and have a high functioning team of top producers, and pay 25% on all referral business.

Send a client who closes and watch the checks roll in.

@ Theresa; If I rented there at a savings of $800.00 / mo, at ten months the initial investment would be a wash. I'd never expect to build more equity in a trailer, but would be in a good position to amass cash for further investments. The $475 lot is a rental.

@ Richard; I'm from Peterborough. Thank you for clarifying what I tried to state clearly. I would happily live there as it is a clean and bright place, plenty of space, mature landscaping, community pool, safe, quiet . . .

@ Rachel: I haven't checked comps, but I guess it would rent in the $600-$700 range.

@Brian Mathews ,

that is what we currently pay, by way of contrast to the $600 it would cost to live in the mobile.

Poking around an area of town we like last weekend, we came across a tasteful little mobile community. To qualify, it is a quiet elderly community with grand old trees, full hedges, lots of greenery, good lot privacy, community pool, recreation area, and hardly a person in sight of the 100 or so units placed throughout the meandering network of roads.

The unit is a '61 Travelite single wide, probably 10', maybe 12', with tongue removed, skirting, attached screened porch on slab, added on master bedroom, clean and bright finish with good lighting inside. All appliances are recently updated, four a/c window units. It is a clean and comfortable living space.

Lot fees are $475, and annual taxes on the mobile are <100. High electricity bills in peak summer months run around $150.

Asking price for the unit is $8,000.00.

I would like to start a brainstorm session on the good, bad, and ugly of this scenario. What I see is an accessible entry level property that could do one of two things: easily cash flow 2% as a rental, or provide a comfortable place to live and squirrel away the difference. (current rent+ utilities is around $1500.00)

Thoughts?

After spending an hour looking for the inbox in the app., I searched and found this thread. Any progress on the inbox? I don't spend much time around my computer, so being able to message from my mobile device is critical. Thanks!

@James Wise thank you.

Hello all. I am a new member located in Tucson.

I have a background in the building trades and have recently transitioned to a professional career.

I am interested in a realistic inroad to either SFR flip or duplex live / rent. Considering modular for an inexpensive way to get started, but unsure of the financing options.

First off, I would like to tie in with the local network of investors. I brings lots of tools, sweat equity, and a strong knowledge of building to the table.

I look forward to chatting with other members of the community.