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All Forum Posts by: Marvin Franz

Marvin Franz has started 1 posts and replied 13 times.

Post: What's the coolest thing you've found in a property?

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

We found a $2500 green egg grill which took multiple people to get it to our house.  Also, found someone's ashes in an urn which was returned to the previous owner.

Post: Cash Flow Game Night - Peninsula Edition strikes again!

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

Is this 101?  I have both 101 and 201 but have not played it since it seems pretty complicated.  I invest in options and short stocks currently but have not played cash flow 201 yet.

Post: APPEARING IN FRONT OF THE JUDGE TOMORROW FOR A EVICTION HEARING

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

Now you have to wait 3-4 weeks depending on how long the deputy sits on the writ.  Altogether in 3 counties so far it takes about 1.5 months to evict someone in virginia.  After they serve the writ, the person or family being evicted has 72 hours to get everything out and you enter with the deputy to change the locks.  The evicted family then has 24 hours to get whatever else they want but you have to let them in.  Then the house if finally yours to flip.  Been there many times.

Post: What would you do?

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

If you have enough cash you could go to auctions at the courthouse steps and buy a fixer upper.  You need to provide the money to the trustee in 15 days.  I have seen many homes go for cheap if you want to live in them.  We flip in Williamsburg and Richmond.  The houses do not have enough meat on the bone to flip but lots of equity for a live in.

Post: RE Agent and New Investor from Richmond, Va

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

Richmond has three REIA groups through meetup to join to meet other investors for networking. Richmond multifamily, REIA and RING. All are great groups. meetup.com

Post: New to the investing in real estate desperately need advice

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

You may want to join PREIA on meetup.com,   It meets in hampton and you could find a mentor there to help you in your investing.

Post: Mill Bayou Mobile Home and RV Park- Panama City, FL $975,000

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

Post: Waterfront Mobile Home Park- Panama City, FL

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

Please send me information on the park if it is available.  [email protected].  We would like the financial information also.  We currently own one MHP.

Marvin Franz

CEO

Hudgins Franz, LLC

Post: Mill Bayou Mobile Home and RV Park- Panama City, FL $975,000

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

Please send me the financial information.  We own on MHP and are interested in purchasing more.  Thank you for your time.

Post: Mobile Home Park- Panama City Beach, FL

Marvin Franz
Posted
  • Investor
  • Williamsburg, VA
  • Posts 14
  • Votes 4

Could I get some financial information on this park.  Also, where is the park?