Do you know of any good sources for multiple mobile homes that are under 7000.00 each?

I just heard some dude on here bought like 22 properties last year alone. How on earth do you all do this? That is a TON of tenants to take care of, yeah?? In addition, doesn't it scare you when each one brings in ...

Just remember to interview a lot of folks and "fire" the bad eggs as soon as they don't perform for you.

Just for some simple points like; you have multiple units under one roof, when you need to make appearances you have say 3,4,5,6 places all at the same place.

You wonder how effective these are if multiple investors have the same web sites in the same area.

Are you just chosen or interviewed?

You could probably pick some of them up at some good prices.I just read about a guy in my state that is getting hammered with tax evasion, trying to move the properties around between multiple entities to keep the IRS and the banks from getting at them.

An investor who's dealing with multiple agents and hunting deals on their own may want a limitation that the buyer's agent will only get paid for deals they've presented, for example.The only place you're going to get a break is on a FSBO.

Another question (along the lines of this topic) for experienced property owners...I used the 50% rule for SFH, and I do a much more detailed analysis for any buildings over 5 units, but I'm not really sure how to evaluate expenses for 2-4 unit properties (duplexes, triplexes, quad-plexes).I imagine there are some economies of scale for multiple units in a single building, but certainly not to the degree of an apartment building.Do you guys use the 50% rule for 2-4 units?

Get multiple contractors to come out and let them know that you are having a couple of recommended contractors getting estimates for you.Remember the lowest bid isn't always the best.Many times after you have the written estimates in hand you can go back to the one you liked the best and ask them if they will match the other guys price.You also want to make sure they have insurance and are licensed.