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All Forum Posts by: Patrick Duran

Patrick Duran has started 1 posts and replied 2 times.

Post: Stick built plus 2 trailers on 2 lots under contract.

Patrick DuranPosted
  • Rental Property Investor
  • Avon, CO
  • Posts 2
  • Votes 0
@Curt Smith in Craig Colorado. They all have there own meters gas and electric. It’s 2 8000 ft lots, one has the stickbuilt and a trailer the other just has a trailer, looks like there was maybe 2 trailers on that lot. Trailers are rough 1972s but they are rented and tenets seam pretty good considering paying 600 each. The house is lived in by a semi hoarder who has lived there for 5 Plus years and shows no sighn of leaving paying 750. Under contract for 60k. Worried about tenet turnover but with the one solid tenet it kinda takes the risk away.

Post: Stick built plus 2 trailers on 2 lots under contract.

Patrick DuranPosted
  • Rental Property Investor
  • Avon, CO
  • Posts 2
  • Votes 0
A stick built 2br 1.5 bath. Plus 2 trailers on 2 lots. Under contract for 60k rented for 1800 total right now.. how risky is it to buy junk trailers and A House that needs sOme work? Should I worry about resale or is the cash flow just to good to worry about resale? I think you could sell the house if you were to remove the trailers for 50k.