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2 May 2019 | 23 replies
I would wish you good luck, but you've got the dedication and the mindset that luck won't matter!
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1 May 2019 | 3 replies
I do understand that this is not an overnight process and I am and will be wiling to put in the work and stay dedicated throughout the process.
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5 May 2019 | 5 replies
I’m trying to increase cash flow right now on my mobile home park, so in turn I will have a good amount of expenses to offset the sale but I will have increased my rental portfolio.
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7 May 2019 | 9 replies
Whereas a mobile home park in the middle of nowhere may go for a 12 cap because investors require a higher return for something that is much more management intensive with less appreciation potential.One might assume that a higher cap rate is always a good thing, however, if your business plan is to force appreciation by improving NOI, a lower cap rate multiplies the value of the improvements you made more than a lower cap rate based on the simple math of it.
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7 May 2019 | 4 replies
Hello,so If I decided to either rehab or develop a mobile home on land and hold for a rental, and refinance it to pull cash out, what lenders are doing this?
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22 October 2020 | 6 replies
I have an Accounting and Finance background (specifically Big4, Senior Housing Lending, Early Stage Tech) and also have deep experience in building web and mobile applications that solve actual problems.
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5 May 2019 | 47 replies
So I let my other assistant go who was not getting things done well or in a timely manner and I had this assistant start to manage everything for me form my counseling appointment calls to running the mobile home park.
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3 May 2019 | 7 replies
I am currently renting out 3/2's between $1000 - $1200 mo. in Winter Haven, however I would caution it depends on 2 factors 1. location 2. condition of the property I say that because in many of the areas in Polk county you can find pockets of excellent rental areas next to some questionable neighborhoods. 33884 puts you closer to the LegoLand area, which has recently gone up in value quite a bit, I would say a 4/2 would produce good cash-flow.I cannot say I have ventured into the rent-to-own arena, but I know of some very successful investors in this area who do this type of investing mostly with mobile homes, and they are doing real well.
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2 May 2019 | 1 reply
Mobile homes are much cheaper but also hold much less value than a stick built structure.