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8 February 2025 | 6 replies
If you're considering mobile homes, the first step is checking zoning laws and utility access since some areas have restrictions.For resources, Mobile Home University is a well-known starting point, and local mobile home dealers can offer insights on placement and financing.If mobile homes are allowed, you could either rent them yourself for higher returns but more management or rent out the lots for steady cash flow with less work.
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3 February 2025 | 8 replies
Hi Brett - local PM here - we have a few development projects, small multifamily and tonwhouses that we are gearing up for sale in the next 6 months.
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3 February 2025 | 3 replies
The seller offered financing with 20% down, which I used to buy the place.After starting construction and realizing it was going to cost more than expected, I approached a small local bank that knew the property and would offer the rehab financing.
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30 January 2025 | 1 reply
Having local family gave me a built-in support system, market familiarity, and the confidence to manage a property from a distance if needed.
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27 January 2025 | 3 replies
Have you looked into local credit unions or alternative financing programs?
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16 January 2025 | 9 replies
You'll gain valuable insights into evaluating deals, financing, and managing properties.Local NetworkingPlug into local investor meetups in your area, the Pensacola area should have tons of groups.
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24 January 2025 | 2 replies
Attend local builder associations or networking events, and focus on small contractors or businesses without in-house permit expertise.Highlight how you save time and ensure compliance—it’s a big value-add.
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26 January 2025 | 11 replies
Not likely), vacancy (@ 8% for me), and a possible PM (10% normally).I recommend you reach out to a local seasoned investor and have them run your #s with you, as the #s depend on how you manage it (how hands on you are) and also local pricing.
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6 February 2025 | 7 replies
You can purchase them through a local dealer that has a good track record in the community.At this time our cleaners take care of the hot tub, but I will say if you have a certified hot tub company that can come weekly, I would definitely go that route!
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16 January 2025 | 18 replies
I think you should explore local and non-local CPAs before making a decision.