All Forum Posts by: Matt Wenger

Thanks Mehran.

Like anything, just need to think through things, ask good questions, due your research, limit your mistakes to small ones, and then "push it off a cliff."

I remember when I bought my first investment property...in a sheriff sale. You have to learn how to research the title, etc. but in my state the day you give them the certified fund is the day you own things. You don't get the deed that day, but a couple weeks later, but you own it.

So time to call the insurance company ASAP to get it insured.

Like anything, just need to grow and adapt!

Thanks all!

Patlive.com

you can get a phone number there, or kall8.

$5-$8 a month. Or get a 2nd magic jack, if you need another line for a Google Voice

thanks Joel. Appreciate the advice already!

Hey everyone. Seems like a great message board you've got and a good group of folks here. So, why am I here?

I'm in my early 30's, I am active in some minor real estate (sheriff sale purchases where we re-sell them) I've owned some rentals in the past, and done some minor rehabs after buying properties in the sheriff sales. Also bought them and had a small 6 unit apartment building.

I own a marketing company that does Search Engine Optimization, Marketing Consulting, Internet Marketing, Direct mail, and I am involved in other business projects (joint ventures with people, etc.)

Anyway, enough about that...

My goals are to purchase mobile home parks where the park owns the land--not park owned mobile homes. I feel that mobile homes can provide nice cash flow. I'm in a buy, hold, and accumulate assets position right now so although appreciation is never a bad thing, I'm looking for positive cash flow in my investments.

I think I've got the basics down in terms of what I'm looking for with my experience--however like anything I'm sure there are nuances to this type of real estate like anything.

I'm going over some basics and making my own checklist of due diligence (which I will add to from the other check lists I find here and elsewhere)

Just wanted to pop in and say hello. Hope I can share my experience. Being in Indiana I think is a great opportunity as prices are in line with my goals and current comfort levels.