26 July 2024 | 4 replies
@Andrea Chacon this could be a huge problem down the road when you try and refinance.
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25 July 2024 | 2 replies
They rant about how they have to do a background check but other tenant has other occupying people there.we also have a a small road that leads up to the properties.
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25 July 2024 | 14 replies
However, I did notice that their criminal reports occasionally miss information.
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25 July 2024 | 0 replies
I prefer this more than development deals because those only make money at the exit which is many years down the road.
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25 July 2024 | 1 reply
The con of this though is that the monthly payment is much higher, thus reducing my cash flow significantly (if anything).Since I am somewhat new to real estate, I know there are more variables to consider like appreciation, or refinancing or HELOC down the road.
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24 July 2024 | 6 replies
I also used to ask more about criminal history, before that became protected.
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24 July 2024 | 4 replies
These are not sophisticated scams executed by criminal masterminds.
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25 July 2024 | 8 replies
Talk to an attorney and accountant when you're at that fork in the road.
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23 July 2024 | 12 replies
That said, I know a few MHP operators that make some pretty tremendous money on the trailers, mostly by renting to people who need to pay in cash and have someone not ask a lot of questions - illegal/undocumented immigrants, transients, probably some criminals for sure, sometimes people (mostly women) hiding from domestic abusers, etc.
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25 July 2024 | 4 replies
What is your plan/goal - 1 year to 50 years down the road (yep be that deliberate if you can to be that efficient in all things at all times).