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30 December 2024 | 6 replies
The right idea is going to be the bread and butter.1) Ideal location2) Quality properties over quantity of properties3) 1.25x DSCR4) Intention to hold no less than 8, but ideally 12+ years.5) Sufficient cap reserves6) Mechanisms to enhance cash flow(via alt investing or house strategies).7) Liability protection through no PG loans(if possible), LLC formation, property management and being a diligent landlord.8) Invest deeper, before wider.Now if you're talking where to invest, different information.
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18 December 2024 | 2 replies
Got paid 10k at closing. 35 unit mobile home park.
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18 December 2024 | 2 replies
Very stabilized. 13 unit mobile home park.
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16 December 2024 | 17 replies
@Carl Rowles Mobile homes are a niche of REI just like anything else.
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16 December 2024 | 3 replies
Does anybody have any contacts for companies that will remove a dilapidated mobile home in the Jacksonville area?
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23 February 2025 | 246 replies
Don I think what most investors miss with these funds is the lack of liquidity as in none until the investment cycles or the sponsor wants to pay out.. the idea that folks can have a need for money after the investment and the Sponsor should pay it out upon demand only works if there is a mechanism in the offering to allow that.
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31 December 2024 | 20 replies
Let me break it down further to clarify the mechanics of the plan.Balancing Rental Prices with Financial Sustainability:The goal to drive down rental prices isn’t an immediate or universal adjustment—it’s a phased approach that leverages time, scale, and operational efficiency.
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23 December 2024 | 1 reply
Ugin,When you say permanent foundation it is required by Fannie Mae, FHA, VA and Freddie Mac that a manufactured home/Mobile Home be on a permanent foundation.
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30 December 2024 | 103 replies
Customer Service integration to handle tenant issues, monitoring of Mechanical issues where the A.I. can proactively do something to ensure it's well maintained or to be able to fix an issue, etc.My Portfolio has basically been self-running except for occasional P.M.
13 January 2025 | 41 replies
@V.G Jason: You know what, there is only one guy in America that teaches physics, there is only one guy in America that is an auto mechanic and there is only one guy in America that understands Creative Financing and warns people about it.