The deal highlighted the strength of our partnership with Seth and our commitment to delivering outstanding results.

I never regretted keeping my first house as a rental because it cash flowed very well from the beginning and as years passed and rent increased it became an outstanding decision .However, our home was significantly less expensive than yours.

Here is the reality, your chart proves they do not appreciate because in the most recent data (March 2023) from the Census Bureau’s Manufactured Housing Survey (MHS), the average sales price nationwide for a new manufactured home was $128,300 or almost $45k higher than the current price from your chart).Every set of data presented in the chart shows the value below the current cost of a new Mobile home.  

This is the most aggressive offer I have heard of.Aloha Greg, I've been tracking distressed MFUs nationwide and I am seeing an uptick in distressed (pre-foreclosure) MFU properties.

Your penalty could be 5% of the loan amount if you prepay in the first year all the way down to 1% of the outstanding balance in year 5. 

We each hold a 50% interest in the LLC.The values of each house are approximately the same, and there are no loans or outstanding debts.He wants to cash out so we thought a good strategy might be for us to sell one of the houses, and let him take all of the proceeds, and for me to take full ownership of the other one.Essentially, I am looking to swap my half interest in one of the houses for his half interest and the other one.

Hi Jessenia,I've been in the game for quite some time and have many battle scars to prove it lolMy best advice would be to always look at a worst case scenario and start from that.By starting with a worst case scenario you will be able to quicker eliminate markets that aren't a good fit.I don't know much about NY but personally, I wouldn't invest in any market that takes 6 months or even worse longer to evict.Worst case scenario for example = Tenant doesn't pay rent and trashes the property.I would want to be able to evict, fix and re-tenant as quickly as possible.Time is money and I want to keep moving forward and not deal with financial and emotional drag.There are many markets nation wide that are landlord friendly.My business is based on Ohio and there is no mercy for non payment of rent.Eviction usually takes 6 weeks max and although I never want to evict, being able to do so quickly minimizes risk of that investment.Thanks 

I do think it's more seasonal nationwide, in denver specifically it's the migration plus seasonal.

Hello, I have a rental property that is 100% paid off with no outstanding mortgage, and the property located in a northeast state.

If you have any outstanding debt, pay it off ASAP!