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10 July 2018 | 1 reply
This property caught my eye for several reasonsmostly because I drive by it frequentlyit offers a commercial space, apartments, and mobile home lotsit's close to my other investments and where I liveI feel like this is an area ready to grow (it's the non-interstate link from big town to small town)it's not so expensive I can't find a way to do the dealI've been investigating mobile home investing lately, and this is one way to learn thatI don't have a physical office space for my business, and this would lend credibility to my business (and allow me to have high-speed internet, which I can't get currently)I can use an apartment and rent my SFR for morethe mixed use feels like diversificationI wouldn't be surprised to see an investor try to buy this and several other spaces up for a large developmentI see potential in possibly converting the mobiles to tiny houses and increase rents accordinglyI'm not in love with the deal, but a couple of those reasons would sway me to consider a less-than-great deal, for non-financial reasons.The numbers really look not very good, and it looks like a bad deal as it sits, considering I'm adding 1000 in rent increase and no rehab in this scenario.
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23 November 2021 | 97 replies
@Lavaud Charlemagne - would not do spreadsheets etc on an iPhone.I’d probably use my MacBook for spreadsheets cause I’m old fashion that way.Contract review and signing can be done on an iPhone (especially with Docusign) but an iPad (with or without external keyboard) is probably even easier than on a laptop if you’re a mobile person.
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8 July 2018 | 2 replies
GroundBreaker - https://www.groundbreaker.co/ -Real Estate Fundraising and Investor Management Software PatchofLand - https://patchofland.com/ - matches accredited and institutional investors seeking high-yield, short-term, asset-collateralized investments to borrowers seeking more timely and consistent sources of funding for rehabbing properties across America.
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22 July 2018 | 7 replies
Last year, there were alot of ground-breaking ceremonies (1: mix use development, 2- hardrock cafe with lofts, and 3- a park) happening in the neighborhood and that's when we saw our prop values jump almost 50%. and about 30% spike from last year.
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9 July 2018 | 4 replies
I currently own 50% of a 45 unit mobile home park in South Daytona and I have an additional 4 unit property under a cash contract.
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18 September 2018 | 30 replies
The previous owner has mobility problems and hasn't been to the apartment since she rented it 5 years ago.
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14 September 2018 | 10 replies
(Credit Score over 800, but ownership of this property does not seem to be on my credit report)2018-In June we bought a duplex in Mobile Alabama.We put down 20%, got a commercial loan and it was our first purchase in a newly formed LLC.
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11 September 2018 | 6 replies
In Oct of 2017 I bought a mobile home on park owned land.
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19 January 2021 | 116 replies
I bought a small mobile home community for 50k has 5 units and brings in 2200 a month.
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23 October 2018 | 11 replies
update: I am successfully able to change my profile picture using the iOS mobile app.