All Forum Posts by: Justin Tahilramani

Hello all,

I own a piece of land that we plan to build on. in order to save some money and be close to my construction site I would like to rent a manufactured home and have it placed on my land Prior to and during this build. After my home is built the lease on the manufactured home would come to an end and the owner can reclaim and remove the home from my property. Are there companies that do this kind of rental or am I more in the realm of finding a private renter to accommodate my needs?

Got a 2 acre lot under contract but according to the seller the land is undivided with a larger 12 acre lot. When I look-up the tax info his name comes up as the owner and it's free and clear. Has anyone ever had an issue like this before? Trying to see where I would start with it, thanks.

Hi all,

I'm looking at an acre lot that is zone for mobile homes. Currently there are 2 homes on there. Purchase price (asking) is $280k. There are currently 2 septic tanks on there.

I'm wondering how do I analyze this deal? What are the main things mobile home park investors look for?

Seller is willing to do financing at 6% amortized for 30 years as well, if this helps.

Any help is much appreciated!

Does anyone have any experience investing in rougher neighborhoods in Kansas City? I’m looking at the 64128 zip code.

Do you only do it if the numbers are a steal? Is it not worth your time? Did you have a hard time getting contractors there? Or hiring someone to manage it? What troubles did you run into?

Hello! So my wife and I are buy and hold investors in Shreveport, LA. We just recently put offers in on 2 different houses within the last 2 weeks. On both offers, the sellers countered saying that they would accept the purchase price, but would not give up the mineral rights. One of these houses was a single family home on 1.3 acres. There is active drilling within a mile of the house. I am unsure if the seller was already receiving any royalties, but he would not back down on maintaining the rights, so we never came to a deal. 

The second deal was a town home on very little land near the lake. The seller again agreed to our purchase price offer, but refused to give up mineral rights, so rejected us after we said it was non-negotiable. 

It was never made clear that the mineral rights were not included in the sale until after we had made our offers and were denied when we said we wanted the all rights transferred. I have read that there can be negative effects for future resale if a property and the mineral rights become disassociated. I am not concerned about the actual monetary amount of the royalties, but losing control of a property I am trying to own does not sound like the smart move...How often have you guys seen this happen? Is it common for sellers to refuse to give up mineral rights when selling a property?

Hey guys,

So this was my first winter as a landlord and I hate that this house has oil as it is way more expensive and requires you to allow entry for the oil companies. Do you think that it would be worth it to switch entirely to gas at some point? Also, I can not put in a Smart thermostat since it does not have a Y cable. Any ideas on what I can do to save money both with the oil and maybe a hack to get in a smart thermostat?

Thanks,