
8 May 2018 | 2 replies
Way to much work and problems.Best case scenario : Find distress house and buy at 55% of fair market value....maybe 20% fix up and carrying costs and hope for 25% profit or less.But avoid junkers, heavy damage, roof problems, furnace problems, etc.

11 May 2018 | 6 replies
The reason is there are so many aspects of MHP's that no lawyer usually has that breadth AND depth to effectively advise on so many topics.With that said here is my recommendation if you truly need an attorney:Get a generic real estate attorney to help with a purchase contract, if that provides you comfort.Bring in specialists for help if you have specific issues in a certain area you need help (e.g. zoning, grandfather status).I have a custom 15 page MHP-specific contract I use for investor-owned MHP's (this contract is mostly padded with seller disclosures and outs for the buyer if materials facts are omitted - everything from utilities, zoning, and financials), and then for small sellers I use a 3 page TAR form.

9 May 2018 | 9 replies
Retaliation does occur on rare occasions, less often that most believe, but does not effect a termination or eviction.

11 May 2018 | 6 replies
What this means depends on (1) the way the actual contract is written (2) whether the CFD is recorded or not (3) the state laws in effect at the time the CFD was executed (4) the state laws in effect now and (5) in Texas, as in some other states, what percentage of the sales price has been paid.Unless an investor is VERY familiar with the laws of a particular state, it is imperative that an experienced, knowledgeable attorney render an opinion.

9 May 2018 | 8 replies
Hi @Courtney Huntoon Offering incentives to tenants can be a great, and cost effective, way to find new tenants.

27 September 2019 | 17 replies
You will effectively eliminate mistakes off of your real estate journey by either working or talking to successful out of investors AND build relationships with others who can help you grow in the future.

10 May 2018 | 6 replies
In my experience there is only a 1% chance the owner will purposely damage the house.

11 May 2018 | 18 replies
I care if he gets mad because he may intentionally damage the apartment or the building on his way out which could cost me a lot of money...
9 May 2018 | 7 replies
Let me run a scenario by you... and here I'm just playing devil's advocate I'm sure you're already frustrated with this individual and sounds like you've already made up your mind.Scenario #1 tenant breaks shower door:Tenant doesn't disclose to you that they broke it and moves out only to leave you with a large amount of water damage AND a broken door.

10 May 2018 | 7 replies
You can get insurance to cover volcano damage, just like you can get earthquake insurance in CA.