
25 March 2014 | 14 replies
Max returns can be had in Self Storage, Mobile Home Parks and Niche or Specialized Housing where rents can be 2-4 times more income.

29 January 2014 | 1 reply
My husband and I started investing about a year ago, first by renting out our first home , then by picking up another rental in Mobile, AL.

13 February 2014 | 1 reply
We have an appetite for SFH properties and now are setting up our infrastructure in Mobile, Huntsville, and Nashville.

18 July 2018 | 42 replies
deals 7 and 8 had a partner - he found the home, I fixed it up, managed the rehab, he sold it, we split the net profit...these were ok deals we split $20,000 on each deal but they took 5 months and 9 months respectively due to issues with contractors doing shoddy work....so if you figure our profit at an hourly rate these were not barn burners...but hey it's $20,000 I didn't have before, so I am fine with that#8 paid $265K used hard money, spent ZERO on rehab, wholesaled it in 12 days for $360,000, that was a nice one (sad back story on this one, owner of the property was busted for selling drugs and arrested, then deported to Mexico, so wife took over the drug selling biz...then she got popped, in order for me to be able to close on the home, Escrow had to go to the jail to have the wife sign, then hire a mobile notary to drive down to the SD/Mexico border to have the husband sign) death, divorce, drugs, disease....the 4 D's that create real estate opportunities, sad but true#9 paid $205K used hard money, spent $25K on rehab, sold for $300,000#10 paid $90K for 3/2 SFR, used hard money, spent $3500 on rehab, rented out for $800/month, slight negative cashflow currently (-$150/month), market value is $130K now, plan on refinancing into better loan in 3 months, will cashflow $300/month after the refi#11 paid $108K for 3/1 SFR used hard money, spent $3000 on rehab, rented out for $850/month, slight negative cashflow currently (-$190/month, market value is $140,000 now, plan on refi into better loan in 3 months, will cashflow $150-$200 after the refi#12 paid $125,000 for 4/2 SFR used hard money, spent $0 on rehab, house already had a tenant in it paying $900/month, will be raising rent to $1150/month, market value is $160,000, plan on refi into better loan in 3 months, will cashflow approx. $500/month after the refi#13 invested $50,000 with my parents to buy a triplex, for $530,000, property cashflows $1000/month from day one, and value has increased to $650,000--------------------------------in current pipeline/in escrow - thru these deals I've made good friends and I've made my hard money lender some good money, hard money lender let me know he has $5,000,000 +/- sitting in the bank looking for houses to invest in, and he's given me the green light.

2 September 2014 | 5 replies
I wanted to make sure I get the process correctly prior to purchasing a mobile home.

16 March 2008 | 6 replies
Here 30k buys you the worst mobile home, and that's not even a joke.

15 April 2008 | 1 reply
Is it possible to get a 30 year mortgage on a double wide on a foundation?

21 March 2008 | 7 replies
I don't trust his opinion over a single environmental research scientist.Also, I find it hard to believe that the majority of the scientific community (except for a small faction of Scientists who are continually recycled through Fox News and YouTube documentaries)Many of these scientists are that are featured work for Washington think tanks funded by Exxon mobile....The Biggest Company on Earth....several such as Dr.