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Results (10,000+)
Samuel Coronado Developing a new mobile home park- Help
12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
Anna Brown LA Property with lots of Equity
15 August 2024 | 57 replies
So, I accepted modest appreciation (doesn't really look that modest since about 2020, honestly), and enjoyed a steady income. 
Andrew James Carribbean hot spots within the next few years
10 August 2024 | 85 replies
I hear this from some of my STR tenants.  99% of my tenants are contractors
Selina Giarla What are your most helpful tax strategies? Can I create a business to self manage?
13 August 2024 | 11 replies
This PM LLC doesn’t hold any assets and it’s doing all the interfacing with the public, vendors, contractors, tenants, etc.
Jeff Kelley Welcome to the Buffalo NY Location on Forums!
11 August 2024 | 5 replies
Hi @Delaney Best Are you posting here because you're looking for a contractor?
John Herold Manufactured Home Roof Question
12 August 2024 | 13 replies
Most contractors aren't going to want to do a small roof job like that (and you don't want to see their quote either).
Albert Johnson Anybody been through an eviction process?
11 August 2024 | 5 replies
Another  was making a contractor leave while he was trying to make a repair to name a few.Here we need to serve 10 day notice explaining lease violations. 
Jennifer Brown We were very unhappy with Ryan Poske and Bildwise LLC
8 August 2024 | 6 replies
We actually enjoyed the experience (shout out to Johnny Reno and the Sax Maniacs), but it was just a bar, just a meal, just a new music group; not your house; so, your level of disappointment was immensely greater than ours.  
Carlos Oliva General Contractor Recommendations
7 August 2024 | 6 replies
Had a bad experience recently with a contractor.
Yosef Lee My first ever 44 Unit MF apartment closed in Dec. 2020
16 August 2024 | 277 replies
So enjoy it and be persistent, and patient.