
6 January 2025 | 9 replies
Attorneys are very tight with title insurance companies so you won’t have to look far.

3 January 2025 | 6 replies
Florida is a unique state for MHP law and the insurance has gotten very expensive there too.I recommend checking out @Frank Rolfe's mobile home university content if you haven't already.

12 January 2025 | 25 replies
I flew there and walked the house, looked pretty turnkey rental grade): $1029 GFCI outlets, downspouts and guards, drywall, paint, bathroom vent$4615 (new AC unit since unit was stolen before tenant moved in, didn't file insurance claim because didn't want my premium to go up) $600 (water line, gas line, P trap)$60 lawn mowing$112 thermostat repairMy opinion is that Class C is better for local investors who are on site and know how to do repairs and self manage.

2 January 2025 | 4 replies
Affordability is no more that $4500 per month morthage/taxes insurance.

7 January 2025 | 16 replies
Insurance is expensive, there is a lot of extra maintenance like painting or electric in common areas that don't apply as much with smaller units.

3 January 2025 | 8 replies
Making such a hasty decision on two weeks worth of knowing these people as your customers seems like a rash decision to me, but I don't know exactly what's going on, and sometimes personalities just do not mix well together.

1 January 2025 | 4 replies
The only part that Property 1 pays on that loan is the escrow for property tax & insurance for Property 1.Thank you for your insight.You need to look at purchase price to determine cost basis, not how you financed the purchase.

5 January 2025 | 18 replies
I look for cashflow to service the debt, repairs, cap ex, taxes, and insurance while the equity grows, my taxes are decreased, and rents are increased to make more cashflow.

6 January 2025 | 8 replies
. - some strategies I've seen California investors use to lessen negative cash flow: house hacking, mid-term rentals (people temporarily displaced from home renovation or insurance reasons like fire), rent by the room, Short Term Rentals. - The ultimate house hack, live in the small ADU unit and rent out the two levels of the main house on AirBnb in San Francisco (I would have thought STRs are oversaturated in S.F. but it worked for them and they stay fully booked).

5 January 2025 | 24 replies
This is also accounting for my increase in insurance costs due to adding insurance to the ADU.