All Forum Posts by: Michael Vernice

I am thinking of buying land and developing a small project. Any advice on this vs fix and flips??

Hello everyone, What are your opinions on buying a piece of land and building a duplex and or fourplex. I am a real estate agent in California and starting to invest in properties. However the MLS is flooded with overpriced properties and it’s hard to find ones that pencil with a profit for flipping or holding. Any advice?

Hello everyone, I was wondering if buying land and building on it is better than trying to sift through countless poor deals on mls to find a good deal?

@Robert A Garcia Yes I can pay cash for mobiles and thought that not having the big loan looming over my head to start would make the transition a bit easier. I do see what you are saying as well, I am Just new and want to limit my mistakes by starting smaller and building up.

@Jo-Ann Lapin I agree having a solid relationship with the right dealer would make a huge difference. Thanks for your input.

@Cameron that sounds great, I appreciate all the help I can get. I do not know what an SGT is though.

Thanks Ashley, I don't have a problem holding rentals or doing some seller financing, I was hoping to learn on a smaller scale and earn some cash to provide for the SFR flips i want to do. I appreciate your feedback thanks.

I am a new investor and I am wondering what everyone thinks about starting out rehabbing mobile's and manufactured homes to start getting my feet wet. I am in southern California. Thank you all in advance.