Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Account Closed

Account Closed has started 5 posts and replied 571 times.

Post: Looking at a park with well water and Lagoon septic system

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

I have never personally had that experience but I have known people that have had their water contaminated and their only option was to use bottled water

Post: Looking at a park with well water and Lagoon septic system

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

@Rodney Milleri asked what happens if your water becomes contaminated? As in ALL the water sources under ground are contaminated.

Post: Looking at a park with well water and Lagoon septic system

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

Let me ask you this one question. What would you do if your well went bad and the groundwater became contaminated?

Post: How should/could I ask my note holder for a discount?

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

Depending upon your money needs, these two lenders could be a good source of private lending in the future. I think that i would pay them a little personal visit before i actually refinanced and tell them that i was going to and why. Be real subtle and feel them out on what they are going to do with the cash. I bet they would love to put it back to work in a secured investment.

Post: How should/could I ask my note holder for a discount?

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

If they are just going to put it in a CD at 1% they DONT want yiu to pay it off!

Post: Seller only wants cash

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

That deal looks too thin for me if you have 240k in it. I personally wouldnt want to have more than 210k in it.

Post: Mobile Home Parks - Is this a good deal?

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

I am not sure exactly where the 70 figure has its basis but it is a good rule used by knowledgeable mhp investors. Value a park based upon TODAY'S conditions. Any rent increase is YOUR bonus. Also remember this: brokers will exaggerate and out right lie to make the sale. Few people have your best interests at heart.

Post: [College] At a crossroad here; want to be real estate investor

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

Sociology is an unusual undergrad for medical school.

Post: HELP!! Uneven subfloors in my first rental property

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

you could use some more leveling compound but that can get pricey. A 5/8 dip is too much for laminate so unless you level it more it might have to be carpet

Post: Obtaining business credit

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

Go to credit boards.com and look in the business credit section. Be prepared to spend a day reading. Soon you will be an expert.