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Results (8,657+)
Jay Hinrichs Cool Drone shot of our first phase of 30 lots in Canby Oregon
20 April 2020 | 15 replies
We have drones from when we bought the dirt and every phase of development.. we will shoot one Friday with the roads all paved.. then as we start the houses.. make for great material to show your body of work.  
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…
Dane Larsen An Excited Investor in the PNW
18 March 2020 | 2 replies
Lastly, I scan the MLS daily and analyze potential deals that fit my criteria.I hope to use the systems that I’ve developed to help bring deals in an appreciating market to those that are outside the local area.
Nate Pucel Question on an accepted offer.
18 March 2020 | 3 replies
Beyond that period you could do so, knowing that you forfeit your earnest money (if relevant in your state).Regarding revising the price -- In my opinion I'd say if your local market is going to pot because everybody, or most bodies, are in your situation then it COULD be worth talking to your agent about. 
Jonathan Conaghan AirBNB is asking Congress to step in and provide relief for STRs
24 March 2020 | 26 replies
Airbnb asked Congress to bump that limit up to 60 days.Finally, the company asked the body to encourage lenders to offer low-interest loans to hosts, using tax cuts or other such incentives...”It will be interesting to see what, if any measures are passed to assist property owners.
Todd Ashley New Leases for Inherited Tenants?
26 March 2020 | 15 replies
If you do not want them to stay and they are month to month, then scan to see what notice you need to give them.
Robyn J. Newbie Investor Needs Help
8 May 2020 | 10 replies
Started picking neighborhoods I was interested in, started scanning properties until I found one that cash flowed.3.
David H. Attn: SBA Disaster Loans for Landlords
20 September 2021 | 975 replies
While you still have to sign several things and mail them in to the SBA, to speed things up you also can scan the documents, create PDF files and either email them to the SBA or upload the files on their website (upload didn't work for me).  
Account Closed Qualities to look for when hiring your next property manager.
21 March 2020 | 1 reply
Look for People SkillsProperty management is, ultimately, a people business.Not only will your manager deal with you and your tenants, but they’ll also need to work with third-party suppliers, regulatory bodies, and legal agencies.The better their people skills are, the better they will be at managing your property.This is often something you need to evaluate face-to-face when you meet them.
David Li Utah market analysis
14 May 2020 | 13 replies
., does anyone have a method for taking scans on the rental and purchase markets?