
6 April 2021 | 39 replies
The cash flow was far better east of the Mississippi, but we opted for easier access in a place that we wanted to go.

29 March 2021 | 6 replies
Here are a dozen things that can destroy you with a mobile home park:1) Paying too much2) Bad market (small metro population and low home prices)3) Bad location in that market (undesirable part of town that nobody wants to live in)4) Bad infrastructure (failing roads, utility lines, etc.)5) Private water and/or sewer6) Master metered electric and/or gas7) Density too high so you can't fit new homes on the lots8) Mostly 1960s and 1970s homes on the lots, as they will end up getting scrapped as people move out over time9) Low lot rents that make the whole business model not worth the effort (like $99 rents in Mississippi)10) Inability to get or retain traditional financing11) Environmentally contaminated12) City or state permit problemsThe bottom line is that -- if you are going to seriously buy a mobile home park -- you need to educate yourself on this niche.As far as finding mobile home park deals, there are basically four methods used:1) On-line (Mobilehomeparkstore or Loopnet)2) Brokers (over 50% of the 200+ parks we own came from brokers)3) Direct mail to park owners4) Cold-calling park owners

11 April 2021 | 43 replies
The coming scenario:"Hi, Mr. and/or Ms. owner, our name is Bill and Mary lifetime renters, and we were evicted for non-payment of rent for (a few years) due to Covid, and would like to apply to live at your place...etc..."

5 April 2021 | 1 reply
I signed their fancy Rental Listing Agreement, now Listings won't syndicate from the MS or my management software.I'm stuck paying the retail price, and duplicating listings.Anybody else having this issue?

4 October 2021 | 10 replies
(3) Quad Cities - this is where Iowa and Illinois meet (separated by the Mississippi River) - you will can find affordable properties in this market as well that are cash flowing - Rock City, IL, Davenport, IA Bettendorf,IA and Moline, IL.Bottom line is - there are still some great markets to research and find some great investment opportunities!

16 March 2021 | 21 replies
I am an active investor in Louisiana (and now expanding into parts of MS) and I run a REIA (investor meetup) on the Northshore.

6 December 2016 | 2 replies
I'm currently in Jackson, Ms and I know the market is good but where do I start?

24 May 2019 | 4 replies
I've read about landlord-friendly southern states like Georgia, Texas, Arizona, Tennessee and Mississippi being good states for landlords.

4 December 2016 | 4 replies
Here's a link to the article and a summation of it's top predicted markets:http://www.realtor.com/news/trends/top-real-estate-markets-2017Phoenix, AZ -- Price Growth: 5.94% -- Sales Growth: 7.24%Los Angeles, CA -- Price Growth: 6.90% -- Sales Growth: 6.03%Boston, MA -- Price Growth: 6.09% -- Sales Growth: 6.32%Sacramento, CA -- Price Growth: 7.18% -- Sales Growth: 4.92%Riverside, CA -- Price Growth: 4.98% -- Sales Growth: 6.88%Jacksonville, FL -- Price Growth: 4.79% -- Sales Growth: 7.03%Orlando, FL -- Price Growth: 5.69% -- Sales Growth: 6.10%Raleigh, NC -- Price Growth: 4.16% -- Sales Growth: 7.55%Tucson, AZ -- Price Growth: 6.10% -- Sales Growth: 5.47%Portland, OR -- Price Growth: 6.55% -- Sales Growth: 5.02%Durham, NC -- Price Growth: 2.55% -- Sales Growth: 8.95%Colorado Springs, CO -- Price Growth: 4.77% -- Sales Growth: 6.71%Jackson, MS -- Price Growth: 1.98% -- Sales Growth: 9.44%Detroit, MI -- Price Growth: 5.17% -- Sales Growth: 6.22%San Diego, CA -- Price Growth: 6.47% -- Sales Growth: 4.89%Salt Lake City, UT -- Price Growth: 6.66% -- Sales Growth: 4.67%Deltona, FL -- Price Growth: 3.10% -- Sales Growth: 8.23%Provo, UT -- Price Growth: 5.16% -- Sales Growth: 5.84%Austin, TX -- Price Growth: 3.50% -- Sales Growth: 7.40%Seattle, WA -- Price Growth: 7.36% -- Sales Growth: 3.41%So, what do you think?

5 December 2016 | 6 replies
Also, please forgive the formatting, it's much cleaner in MS Word.Week 1:Request the following information from seller agent:Primary Financials: Check boxes upon receipt of documentation or to answer in the affirmative. qFinancial Statements and/or Tax Returns 2yrs+qAnnual operating Statement (REQUIRED)qMonthly Operating StatementqYear-to-Date Operating Statement (Required)qSecurity Deposit Statement (Required)qMatches estoppels?