All Forum Posts by: Ken Buck

Any infill opportunities in lower middle price ranges? We can do@ $100/SF  w/o site costs

Wondering how your project is going and did you find a contractor?

https://www.biggerpockets.com/...

did you end up doing another one?.I'm really interested in bringing ours into CA. We spoke a while back you're project looks great

https://www.biggerpockets.com/...

 how's it going with new construction and clipping out in OC? Looking at bringing our systems built homes into the area

I'm curious what new construction costs are?

@Dylan Nelson thank you! do you lend on these types of deals? 

Following, thanks for the great input!

Hello BP'ers -

We are currently underwriting a mobile home park with all park owned homes.

>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!

Does anyone have any tips or experience in 'gifting' the units to the current tenant?

We thought of rehabbing some units then selling them on the open market. They are prehud homes and in need of a lot of repair and thought maybe gifting would be a quicker route to reducing this repair line item + current owner pays water, trash, and sewer!

>>>any comments are welcomed and appreciated,

Ken

Hello BP'ers - 

We are currently underwriting a mobile home park with all park owned homes.

>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!

Does anyone have any tips or experience in 'gifting' the units to the current tenant?

We thought of rehabbing some units then selling them on the open market. They are prehud homes and in need of a lot of repair and thought maybe gifting would be a quicker route to reducing this repair line item + current owner pays water, trash, and sewer!

>>>any comments are welcomed and appreciated,

Ken

Hello fellow BP'ers - what a cool deal we have here to help eachother become financially free!

Here's my question, we're looking for equity and or debt ideas and solutions - ie bridge loan products, loan solutions etc: