
25 August 2017 | 1 reply
As doomsday scenarios go, this isn’t terrible.Now switch to my mobile home park and consider the same factors.Rent - low rent payers ($200 per lot for 15 lots),Credit – my residents probably have mediocre credit at best,Building – I own nothing here, as the residents own their mobile homes.Site Improvements – I own nothing here, as there really are no site improvements to speak of,Zoning – zoned for the parkReal Estate - an otherwise poorly located piece of ground jammed up against an airport.The seller/owner created the park 15 years ago and claims to have never had a vacancy, so if my doomsday scenario hits and all the trailers are wiped out by a tornado, I’m left with a poorly positioned piece of ground which I suppose I would eventually repopulate with mobile homes.So why consider this at all?

29 August 2017 | 24 replies
And when it's done, you have a loan against the house.HM Lenders don't approve every deal, so the buyers end up with egg on their faces after claiming they were going cash.

29 August 2017 | 3 replies
Our server delivers notice to "all other occupants known and unknown in possession of premises" while on site.I find it very unlikely a school is requiring the dependents to be on the lease... but we have had schools contact us to see if students lived at the claimed address.

30 August 2017 | 14 replies
Check zoning to see when it was built, and then check your state laws, and how long does it take for them to claim a right on it?

9 October 2017 | 17 replies
Just because you have an LLC doesn't mean you finance properties through it.I finance in my own name, and when the dust settles, I quit-claim over to the LLC.

31 August 2017 | 4 replies
Let's say that in the best case scenario, you have no vacancy (unrealistic) and the operating expenses are 30% of the rent (maybe?).

22 September 2017 | 3 replies
Would it make sense for me to approach him about doing a Warranty or Quit Claim deed to get him out of the mortgage and I take over the payments and ownership of the home and prevent him from foreclosure?

29 August 2017 | 0 replies
She claims to have direct access to a 100% LTV Bond Funding source.

9 August 2019 | 5 replies
I'm trying to fill a nicely refurbished house in a county with very little rental property available and desirable schools. The rent is $790 for a 3/1.5 with a large yard in a small town that provides water/sewer/garb...

29 August 2017 | 1 reply
Should I do "Quit Claim" or "Clear Title?"