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13 March 2020 | 22 replies
To emphasize, don't take the title insurance through the online auction company or the seller.
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31 October 2019 | 9 replies
It is a lot of work and that should be emphasized.
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30 October 2019 | 6 replies
We always emphasize our risk mitigation procedures and priority to preserve capital.
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3 December 2019 | 21 replies
Thank you for pinpointing differences between being criminally liable and civilly liable, defining different legal terms and explaining culpability through a use-case scenario, re-emphasizing the importance of seeking out specialized legal counsel; someone who understands your state law, and so-on).
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14 January 2020 | 34 replies
@Joshua Thibeaux Several people have mentioned this and I will emphasize it.
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12 December 2020 | 10 replies
(if you are in the right market).2) The ability to buy cheap from moms and pops with huge room for upside in rent increases and occupancy increases.3) The ability to obtain seller financing (which is what got me into the business to begin with).4) The huge underlying value in being in an industry that has not allowed new construction since the 1970s.5) The low management intensity when you are just renting land.6) The only remaining sector of real estate in the U.S. where you can hit 20%+ cash-on-cash returns if you are smart.7) The win/win business model of bringing old mobile home parks back to life.8) The beauty of being in a business sector that is on the right side of every American megatrend.But there are also the following drawbacks:1) Suffering through a huge negative stigma that makes you embarrassed to even tell people what you do sometimes.2) Suffering through some city halls that hate mobile home parks and everyone associated with them.3) Suffering through media that assumes that anyone who owns a mobile home park is therefore evil no matter what you do.4) High levels of risk (and almost certain failure) if you do not conduct good due diligence.5) The endless risk of private utilities unless properly vetted.6) Learning to adapt to the customer base and being a good landlord that gets the job done in a friendly way.7) Not getting involved in the hysteria of some markets that offer little in the areas of returns or safety.I cannot emphasize enough that this is not a get rich quick scheme, but a get rich slow scheme.
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23 December 2019 | 10 replies
There’s a lot to know and learn and what you don’t know will cost you in time, money and lost opportunity so I can not emphasize the education price enough.
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4 February 2020 | 14 replies
I can’t emphasize this point enough.
15 December 2019 | 8 replies
I cannot emphasize enough the importance of enrolling in a state program ASAP.
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14 December 2019 | 8 replies
I emphasized the largest jumps in total money held.