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22 April 2016 | 3 replies
I use pad hopper and craigslist to determine the prices of the area.
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19 September 2016 | 6 replies
Kinda like going into business of car repair, without understanding the basics of cars you're sunk, specialize in brakes and that's all you can do is just brakes.
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28 September 2016 | 3 replies
Zillow had a nice landing pad so that's where folks have ended up.
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23 June 2016 | 9 replies
I will add 14 days padding for mishaps = 30 days total For my 100% outsourcing flippers...
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15 July 2009 | 5 replies
If a furnace was gone I knew to add $1000 or a hot water heater add $600 etc…so I just learned by doing and at the end of the year with no contractor going through the house I find I still averaged $3,000 for the type of work I was doing then.So – you just learn by experience.Today however there isn’t that much time generally – lots of investors buying and properties go quicker today then they did a few years ago – so you have to have a process and a system that works.Also – making sure you have padding for things going wrong is helpful…If you want them to turn on gas/electric/water I can guarantee you will lose 95% of your bids – that is a lot of work / time to get that on in most areas and banks will not mess around with it as it just adds to holding costs. ve a contractor that I trusted go through the home either with or without me and give me the real deal.I knew that there was a risk there would be a plumbing issue or an electrical issue
29 November 2015 | 1 reply
I'm wanting to buy a the MHP seen here https://www.google.com/maps/place/117+Mountain+Ash...its a 19 pad park with 12 POH and 7 lot rent only the rent is 480 and the lot rent is 180,Im willing to offer the owner 180,000 cash is this too much???
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11 June 2014 | 6 replies
.:)Your call if you want to make offer based on 12% or higher.Check the sales in the area for cost per pad at $300k, you're paying $37k per pad, which is very high from the M&M prop write ups I've looked at.
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14 January 2014 | 2 replies
I went with listing price, padded taxes and ins, nothing down(per podcast and blogs), added various cost for maintenance, grounds keeping, etc.
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17 February 2017 | 43 replies
Make sure you take your legal pad and write the Numbers for fixing everything nice and large.
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9 February 2018 | 9 replies
First they have the MHP, which rents out pads to people with MHs.