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All Forum Posts by: Dennis Crook

Dennis Crook has started 2 posts and replied 11 times.

Post: RE investor who builds and rents Net Zero Buildings

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2

Well as a landlord and investor you could make money like the utility companies by doing initial work/installation and then get paid paid paid and paid on a monthly basis well past paying for your investment. As prices go up we adjust price to stay competitive with a better price while still giving the customer the same or better product with even greater benefit to mankind, the ability to breath etc. Only want forward thinking people and not smart rats who all follow until field is too saturated to make any real money or regulated by laws for the super wealthy.

Post: New Member!

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2

I am also in the coatesville area school district. I have been an RE investor and builder and developer for 30 + years. I am interested in building more new rental units with alternative energy features that will produce rental income and residual income from energy systems. I want to make 12 more duplexes that would be able to provide enough income for my wife and I to retire upon. Have land/ lots, building/ plot plans, and permanent takeout financing. Need short term financing for construction financing.  I am also willing to mentor or partner with someone and looking to sell our business out in about 10 years. Try and buy!

Post: New Member!

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2

I am also in the coatesville area school district. I have been an RE investor and builder and developer for 30 + years. I am interested in building more new rental units with alternative energy features that will produce rental income and residual income from energy systems. I want to make 12 more duplexes that would be able to provide enough income for my wife and I to retire upon. Have land/ lots, building/ plot plans, and permanent takeout financing. Need short term financing for construction financing.  I am also willing to mentor or partner with someone and looking to sell our business out in about 10 years. Try and buy!

Post: Inherited house lead

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2

Must look up the property and find out who is stated owner of the property. If it is an inheritance thing then the Will would proclaim who the present owner is. If NO Will then you better let the attorney determine who owner is and how to transfer the property. If the brother is a co owner you would most likely have to have his signature also. Definetly go thru the lawyer first and keep from doing any work until it is settled!  

Post: Newbie from Coatesville, PA

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2

I am also in the coatesville area school district. I have been an RE investor and builder and developer for 30 + years. I am interested in building more new rental units with alternative energy features that will produce rental income and residual income from energy systems. I want to make 12 more duplexes that would be able to provide enough income for my wife and I to retire upon. Have land/ lots, building/ plot plans, and permanent takeout financing. Need short term financing for construction financing. 

Post: Distressed MHP (40 units) on 50 + acres

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2

Jay, The MHP (40 units ) does not have public water or sewer. Both are on site. However the township zoning officer said that public water was in area. There is 2 other larger MHP on Either side of this one, both I great shape and doing well. This park is only available site with area to put on added sewage treatment or transfer station with 59 acres.

Post: Distressed MHP (40 units) on 50 + acres

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2

Our Company normally buys distressed property to get cheap building lots which we keep to build our energy efficient rental units on. In our recent travels we came across a Distressed MHP (40 units) on 50 + acres. Many of the renters are still on site but the park is very run down and 2 of the mobile homes had caught fire with debis still sitting on the site. The past taxes are overdue and has been put on the local county tax deed sale. The MHP is also into Fed. Bankruptcy. 

I know that the MHP pays taxes separte from individual mobile home unit owner, unless the unit is also owned by land owner (MHP).

$130,553 is owed on land

$288,277 is owed on individual mh units

the county has property assessment total at : $712,740  

lot assess: $421,880

property assess: $290,860

we were looking to use for development of rental units but are looking into keeping MHP secton and remodel to keep income coming in, then to make proposal to expand into other permanent rental units. 

we would seek a limited partnership with people having more MHP experience.

please advise!

Dennis MAQ Crook  

Post: RE investor who builds and rents Net Zero Buildings

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2

why do you ask?

Post: RE investor who builds and rents Net Zero Buildings

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2
Originally posted by @James Edward:

Net-zero is very promising model of future building development. 

Can you build something like this?

source

source

 Yes we can build like that if that is the building design you like! We mainly build to rent! 

Post: RE investor who builds and rents Net Zero Buildings

Dennis CrookPosted
  • Investor
  • Coatesville, PA
  • Posts 11
  • Votes 2
Originally posted by @Dennis Crook:

We were a builder / developer who has built energy efficient buildings since 1985 with great results. We are now to the stage with the addition of Geothermal (GSHP)s and solar to our building envelope design, ready to tackle a NET ZERO building. We are not attempting to sell anyone anymore. We are going to build and keep our products. This way we will keep our advantage to being more competitive and have residual income long after others are still paying large utility costs, long after cost of building is completed.

 We build to rent!