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Results (7,983+)
Shelley Clements Single-family residence buy & hold investment in Ardmore.
17 March 2020 | 0 replies
We replaced all the floors, textured and painted, replaced the kitchen and bathroom.
Brant Schumaker COVID-19: Answering questions as an epidemiologist
17 April 2020 | 22 replies
It is a meat packing plant with 500 of 3500 employees testing positive.
Shelley Clements Investment Opportunities in Ardmore Ok
17 March 2020 | 0 replies
We textured, painted, replaced all the floors, light fixtures, doors, and windows.
Ethan Johnson Analyzing MHP Deal - Buy or Not?
6 April 2020 | 13 replies
The “key” elements of the transaction are explored first and usually, the most intensively.The buyer should provide the seller a comprehensive disclosure statement and include a term in the purchase agreement that obligates the seller to return the document within 5 days of acceptance.Professionals are hired to complete Phase 1, 2 & 3 reports that identify potential or existing environmental contamination and all other elements of elements that are difficult for the buyer to effectively evaluate.Financial Checklist3 years profit & loss statementsRent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 years3 years of tax returns12 months of bank statementsCurrent accounts receivable statementList of park owned home including copies of “rent to own” or sales contractsCopy of all current insurance policies, binders and premiumsSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc…For all utilities and charge backs, formulas, calculations and meter readings for the past 12 months3 years of utility billsProperty tax bills for the last 2-3 yearsCurrent staffing list including position, wages, job descriptionsCopies of any contracts that will transfer to buyer including laundry, trash, phone, equipment, etc…Dates and amounts of the last 3 rent increasesSigned rules and leases for each residentNames and contact information of professional service providers including lawyers, accountants, engineers, insurance brokers, inspectors, appraisers, realtors/brokers, etc…Physical ChecklistSpreadsheet for utilities that details age, composition, capacity, physical locations, etc…Any drawings or maps of the park and infrastructure including lot sizesSewer plant or septic system repair and maintenance recordsWater well tests and compliance recordsDisclosure from seller of current or recent problems with infrastructure including buildings, water, sewer/septic, gas, electric, etc…Names and contact information of contractors including plumbers, tree surgeons, electricians, gas inspectors, septic companies, roto-rooter services, etc…Locale ChecklistProfile local housing market:“Stick-built” – current foreclosure rate, months of available inventory, median home price, average rent per month, vacancy rateApartments – average rent per month, vacancy rate, prevalence of move-in specials…MHPs Comps – average monthly charges (rent, utilities, etc…), vacancy rate, # of homes for sale, etc…Profile local economy including population, major employers, unemployment rate and trendsCopies of city, county and state permits, licenses or certificates of occupancyCheck zoning for recent or pending changes to target property and adjacent parcelsCheck for known environmental issues with target property, adjacent parcels or in the communityCheck for major development or construction projects in the communityReview existing surveys or environmental reportsConsider geographic factors including elevation, annual snow fall, rain fall, proximity to bodies of water, etc…Disclosure from seller of current or recent lawsuits, regulatory or compliance issues, fines, fees, etc…
Doug Heim Bible guidance on Coronavirus late rent payments
17 March 2020 | 2 replies
Plant an apple tree in the front yard, but put in the lease if the tenant ever eats from the forbidden apple tree they will be evicted 
Marita Jojo Title company saying non essential business closed
27 March 2020 | 23 replies
IE on the west coast escrow officers went home to workand title plants are off shore .. the Phillipines.. so your title searchs are done there with the title officer reviewing and they can work at home all our title plants are electronic and have been for decades.One thing we dont do much of here is checking on UTLS.. thats an east coast thing.  
Jack B. Should you let tenants know rent is still due or wait
24 March 2020 | 11 replies
On the other hand I don't want to plant the idea in their mind or inform them that there is a ban on evictions for 30 days due to missed rent.https://www.youtube.com/watch?
Jamie Brayton Coronavirus contingency language
22 March 2020 | 5 replies
yes I can see attorney closing states to be far more affected than states with huge title and escrow companies  that are now working from home and their title plants are in the Philippines and recordings are done electronically. to me you have a few contingencies1. valuation  ( appraisal)2. financing   ( how long will it take lender to get docs once your fully underwritten)3.
Wesley Van Steenbergen Good / bad time for dallas house hack duplex? Let’s discuss.
12 April 2020 | 10 replies
@Wesley Van Steenbergen As the saying goes...The best time to plant a tree is 50 years ago.
David Jesse Problem to rent out with secondary road on the back?
9 April 2020 | 0 replies
I have planted some fast growing trees (Green Giant) that will block out the view and reduce a little bit of noise.