All Forum Posts by: Ed Ferriter
Ed Ferriter has started 6 posts and replied 8 times.
Post: Section 8 Inspection, Orlando FL

- Contractor
- Orlando, FL
- Posts 8
- Votes 0
Does anyone have experience with the OHA and what they require for a section 8 inspection. I can't find a checklist on their site.
Post: First Mobile Home Prospect

- Contractor
- Orlando, FL
- Posts 8
- Votes 0
Hi All,
Currently looking at a mobile which would be my first ever mobile home purchase, so im new to the scene.
Property Information:
- 3/2
- 1404 sqft
- Built in 2007
- Renovations
- Needs New Front and Back Stairs
- Needs pet odor removal
- Needs new flooring
- I was going to rip out all carpet and install LVP, if we move forward
- Needs some minor Drywall and Paint
- While at the home all MEP was on and functioning
- Looks like the seller has a cititation posting due to them not taking care of the lawn.
- On the market for 40 days
- In florida
- Listed at $130,000
- Looking to negotiate down to $110,000
- If purchased I would own the land and the mobile home, no HOA or lot fees.
So, in saying all above I would be looking to purchase this and do all the renovations myself (I am a GC). There are two simliar homes in area trying to get rents for $1350 and they have been on the market for 7-14 days.
If I can get the right finance (Looking for suggestions) I would be comfortable renting this at $1150-1200 minimum. This number accounts for PITI, Monthly Maintenance and Vancany % , Utitlies during vacancy etc.
Currently reaching out to credit unions for numbers.
I Also have a SFH that is a rental in Charlotte NC, if there are any creative ways I could benefit from that, considering financing.
Post: Property Manager Recommendations Charlotte NC

- Contractor
- Orlando, FL
- Posts 8
- Votes 0
Post: Orlando Investor Meetup 2019 Planning Session

- Contractor
- Orlando, FL
- Posts 8
- Votes 0
Hey All,
Moving from Charlotte NC to Orlando this Friday, looking to network with some like minded people!
Post: Realtors that deal with land sales

- Contractor
- Orlando, FL
- Posts 8
- Votes 0
Post: Non Permitted Additions and Renovations

- Contractor
- Orlando, FL
- Posts 8
- Votes 0
Post: Non Permitted Additions and Renovations

- Contractor
- Orlando, FL
- Posts 8
- Votes 0
Has anyone bought a property and found out that some MEP or Building renovations weren't permitted? Any horror stories or learned lessons?
Post: Renting a SFH With Bedrooms Accessing Bedrooms

- Contractor
- Orlando, FL
- Posts 8
- Votes 0
Currently I am looking at a 4/1 SFH (Low Income Housing/Section_8 Rentals) where the bedrooms are all accessed from one after the other. Has anyone dealt with this and what do tenants think. Doe this deter renters?