All Forum Posts by: Susan Foreman

Could you do better by renting the lot and not owning the trailer?  Significantly reduces your maintenance and once someone moves a trailer on, it is likely to stay a LONG time.  Your rent each month is less but so are your headaches.  Maybe even get 2 trailers on one lot.  

They want to see if things are negotiable since you are the final word.  

They want to see if things are negotiable since you are the final word.  

That is an amazing story!!  You have mastered your niche and I am so happy for you guys!

And you are not factoring in for vacancy, cap ex, repairs, insurance, taxes,  etc.  That will cut your cash flow - IF you get $400/mon- in half.  

This whole deal sounds very odd. Both realtors are flaky?  You really should probably walk away but if you want some answers, contact the broker.   An agent does not have the option to NOT submit offers to a client.  

Congratulations!!!

NO doubt Multi family is your best bet with that much available cash.  Meet with a realtor in your area that knows investing and see what they have available.  

We are only 3 months into our REI. I began learning here in December but came across a good deal in February on a four flex and jumped on it. I still have LOTS of learning to do and find BP invaluable. In the next couple weeks I am replacing a renter and will be on here making sure I do it right.

I also find that the podcast are trending more to MF, mobile home parks, and commercial properties - maybe that is just me because that is what I am interested in.    

I have recommended BP to several people but they don't seem to have found it as exciting as I do.  

Find out the process for eviction in your state.  Then do what it takes to evict them.