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8 September 2022 | 15 replies
Target size strip malls, or office space, or NNN, or Pads, or etc...Or are you talking about things like a stand alone building with a hair salon, or similar in it along side of a major road.[2] What can you afford to do Down-payment-wise, in an MMA maybe only a 7/11 strip mall, in a medium sized area maybe a larger bite of the chocolate bar than the 7/11 mall.[3] Do you want partners on deals, (same on all, different on some), must you have partners on deals (loan qualifications, personal weak spots, etc...)[4] How will you swing the bat at financing; do you qualify for the financing your deals will need, will you need others to help you qualify, do you now these people vs risking someone who will make your life miserable and you will hate working with (an unfortunate situation). [5] Do you want to work government handout money for fix up real estate, is there any that looks profitable right now.[6] How well do you know commercial real estate "Stuff"; such as can you identify a 400 amp service panel from an 800 amp service panel, can you identify an electrical transformer that you own from those owned by the utility, what is a plenum, does your building have them, what are those big red pipes with wheel handles on them, hidden behind the bushes (who do they belong to), how long does asphalt last in a commercial lot, and etc...Good Luck!
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12 January 2023 | 43 replies
Managed to get all the plumbing in and the pad poured.
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5 August 2022 | 14 replies
I pumped the brakes on pursuing another purchase and started educating myself with books, podcasts, etc.
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31 March 2022 | 38 replies
I am trying to create a global business here, so Colombia for me is a good launching pad coupled with my RE investments here in the US.
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25 July 2019 | 6 replies
Has anyone had experience developing land for rv / trailer pads for short term vacation rentals?
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12 February 2016 | 8 replies
@Jay Hinrichs completely agree with you.As far as with occupancy issues I would potentially allow renters via Lonnie Dealer if I could screen the tenants, get homes onto the empty pads at the Lonnie Dealer's expense, etc.
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24 January 2017 | 0 replies
Investor owned mobile homes vs. pads?
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12 September 2021 | 21 replies
Also the cost of a new mobile home is such that having someone make that payment and have it delivered to your lot is also a long shot.This is why most of the park owners I know are only willing to incur the cost of adding just a few pads each year (like 4 or 5 tops) to their lots.
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21 January 2015 | 2 replies
mobilehomeuniversity.comAt least 30 paying pads, all lot rent, no POH, no wells or lagoons.
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13 October 2015 | 49 replies
. :-)More importantly, my goal is for HER to learn the rehabbing side of things so that we can partner on 50 more deals and she can be the one dealing with the budgets and schedules...and I'm the one who can be concerned about HER padding the budgets... :-)Never thought I'd be buying lots of rentals in the city...this should be fun!