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Results (10,000+)
Samuel Coronado Developing a new mobile home park- Help
12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
Jorge Lee Buying a property with unpermitted work in Philly
12 August 2024 | 4 replies
What is the likelihood of approval, and what are the time and cost implications?
Chase Brumfield Septic availability property analysis
13 August 2024 | 5 replies
I've already bought the property because I was afraid of rising rates (got a 3.4% thank goodness because they're literally in the 7s now), but it's still costing me 1800/month before construction starts.
Devin James Keep a Positive Mindset
9 August 2024 | 4 replies
If no useful seeds are put into it, then an abundance of useless weed seeds will fall therein, and will continue to produce their kind.”James Allen, As a Man ThinkethThe human brain is much more powerful than many realize.
Tiffany Perry Serving notice to quit
11 August 2024 | 4 replies
Do you have recommendations for low cost options to post a 10 day notice on the property? 
Jerome Kaidor Where to Advertise?
12 August 2024 | 2 replies
I don't think it costs anything to list on zillow. 
Dylan Speer Subject-To Deals Risky?
12 August 2024 | 37 replies
For example, a seller headed to foreclosure who doesn't have enough equity to sell the property and may commissions and closing costs.
Candor Real How to manage long distance STR as a newbie?
14 August 2024 | 22 replies
I’ve worked with some investors who have no desire to self manage and the cost to have a property manager is well worth it, while others make time to manage everything and enjoy it.
Jason Wolff U.S. Virgin Islands
12 August 2024 | 5 replies
Not necessarily land, as it is very costly to build there as all materials except for some concrete products have to be shipped in.
Evans Debeza Looking for Honest Feedback on The FlipStress
12 August 2024 | 21 replies
Do you need a course costing $1,000's which could be put into another property?