There is a certain entitlement mentality and a long-term frustration mindset where they often times will mention repairs previous owners "promised" to make, etc. 

Regards,VivienHouse hacking a 2-4 unit property is a convenient way to get started and a useful strategy for growing your portfolio!

We have another park with a free space rent manager and as we have raised the rents he continues to live there for free. 

Given the current NOI of $19,440 and a reasonable cap rate of 8-10% for a park with park-owned homes and septic systems, a fair price would range from $194,000 to $243,000.

If you are going to finance your rehab then use a LLC to purchase and a rehab lender for financing. 

As both an investor and a mortgage broker who has personally used both options, I can say there are benefits to each.It ultimately comes down to comparing the two side by side based on your specific situation.

This statute section covers items on PMc's, and as detail here, an exclusionary clause to the statute which via that exclusionary clause it there in becomes an empowerment for the referenced actions being exempt from the prevailing statutes for that item.

I reached out to the individual marketing the deal to schedule a property viewing, but they’re asking for proof of funds (which I expected) and a signed purchase agreement or LOI.Is this normal?

.: Hello; I currently own two rental units. a duplex and a SFH.

I'm Mohammed Ali Jalloh from New York, passionate about real estate investing for myself and a team.