All Forum Posts by: Kyle Craig

This is great information Daren, thank you so much!! 🙏🙏🙏

Does anyone have any experience replacing water and sewer pipes as well as electrical lines for an entire community?
I have read it can cost in excess of $500k,  but some say it may cost closer to $200-300k just trying to get a more accurate idea of replacement costs for a 100 unit mobile home park on 8 acres.

Thank you so much BP!!  I don't know what we would do with out you!  :)

I have a close family friend looking to move to Bend Oregon.  They need at least .75 or more acres (1 acre or more would be perfect) of land because they own a business and will have 3 large trucks to store.  My question is they are looking at a few bank owned homes in La Pine Oregon.  I have spoke with several real estate agents and they have all given me bad feed back about living in La Pine.  They talked about snowed in roads with huge pot holes.  Very low temperatures compared to Bend ect ect..

Should they just settle and get a property in La Pine because they can find something great for under their $300k price range or do you think they should hold out and try and find something closer to Bend and not in La Pine?

Thank you so much Oregon investors and agents!!!

I have several newer investors and investors from out of state asking for the best or most reputable contractors for complete rehabs.

I have been letting people know its always best to try to go out and get 4 or 5 bids for what you are looking to do and then look at all of your contractors reviews.  Of course I am still being asked for referrals, so any good recommendations would be appreciated.

THANKS BP!! 

-Kyle Craig

Your San Diego Distressed Homes Guy :-D

Hi my name is Kyle Craig I have been studying and learning about real estate investing for the last 10 years.   I have 4 years experience in property management.  I am very passionate about personal development and have been in sales and business development since I was 18 years old. Most of the investing I have done has been in Arizona and I have mainly only done small mobile home flips.  My goal is cashflow I want to buy and hold.  I have roughly $30,000 cash to invest with and at least $10,000 that I have access to on credit cards.   I live in San Diego, CA so I will be an out of state investor.  My best friend and business partner is flying out next weekend from Arizona to view the neighborhoods and to look for deals for him and for myself.  Your help and input is greatly appreciated.  Our dream is to become full time investors so thank you in advance for helping myself and my family achieve our goals and dreams!

Thank you SOOOO MUCH JAYY JAYY!!!  I would love to connect with you!?  How can I get a hold of you?  We are going to walk the property that we have under contract this weekend but would also love to discuss the property you are talking about in Arizona with the option of seller carry?  

Thank you again.  :-)

Our # 1 goal is to buy a mobile home park for Cash flow. And to make the park 100% tenant owned right now the park is about 3/4 tenant owned.

 Thank you Bruce May! :)

We did buy the study course for mobile home university.    I forgot to mention in my question that I live about 4.5 hours  from Tucson and John lives about 1 hour from the potential property as well. If  that makes any difference.

My business partner and I have a Mobile Home Park under contract in Tuscon, Arizona.

The bank is completely done with the property they want nothing to do with it.  We had it under contract at $300,000 with about $40k down.   Now they are saying they only want cash, they basically want it off of their books. 

We are now entertaining the idea of starting out in buying some single family homes in Gary, Indiana as John and his fathers close friend has been buying a ton of homes out there and cash flowing each one of them about $700/mo.

My question:   Should we focus on getting this mobile home park or another larger mobile home park first,  or should we buy several of high cash flowing properties and then turn around and then take out a portfolio loan on those to go get the Mobile Home Park of our dreams?

We both have credit scores at or above 700, both have pretty good paying careers $40k+ per year and have between $20,000 to $30,000 capital available right now to start with if needed, we are just a little unsure of where to start.

Thank you in advance I am so greatful for any advise or any wisdom from the real estate investing community!! :-)