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29 May 2021 | 6 replies
There are so many items you need to check on a mobile home park in due diligence and we wrote a course around it.Here is a short list of the most "deal-killing" items:1) Test ad.2) Certificate of Zoning from the city or county.3) Phase I environmental report.4) Review of last 3 years of P&L (and tax returns if available).5) Forward forecasting budget.6) Rent roll and payment history.7) Review of the water, sewer and electric systems.8) Size of each lot.9) Confirmation of which homes are occupied and which are vacant.10) Rent comps on all competing mobile home parks.11) Study of the metro market.12) Survey and title.Mobile home parks are much more complicated than they look.
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29 May 2021 | 3 replies
I'd suggest hiring a professional or really digging into this yourself.My background: over 8 years in environmental consulting (13-present), 6-7 yrs doing floodplain development permitting across the country for telecommunications, commercial real estate, and oil & gas.
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24 May 2021 | 2 replies
I’m just trying to get a feel for how some of you vet tenants and the environmental you utilize so I can be more precise when I’m ready to pull the trigger
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26 May 2021 | 6 replies
I graduated from the University of South Carolina with a degree in Civil and Environmental Engineering in 2019 and currently work as a Land Development Engineer (EIT) with a global architecture, engineering and construction firm.
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28 May 2021 | 1 reply
We did however convince the seller to complete another phase 2 environmental on the property as it used to have underground storage tanks on the property.
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31 May 2021 | 0 replies
Despite wind energy’s appeal — it produces no greenhouse gas emissions and has a minimal environmental footprint — it hasn’t made progress in California.
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31 May 2021 | 2 replies
One thing I need to be conscious about is not being my team members control on how they do their work.
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2 June 2021 | 2 replies
Unless the tank gets a leak it never ends up totally empty, so you'll need to dispose of it carefully and professionally, but otherwise there's nothing inside to cause environmental concern as far as leaking on the property.
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6 June 2021 | 9 replies
That being said, I am still very budget conscious (raised a good Jewish girl & frugal LOL) and absolutely love the creative aspect of designing homes.
9 June 2021 | 1 reply
I've been hearing a lot on passive income by working with real estate investors. I would love first off to learn more. Secondly find investors that don't work on new construction. Ones that rehab..Any ideas??