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6 March 2020 | 11 replies
There's a gas valve and you need to light the pilot if it burns out but that's pretty much it.
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19 February 2018 | 26 replies
You'll get burned if you try and jump right in.
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27 August 2017 | 23 replies
No wait, don’t answer that, i’ll start another thread)Vacancy Buy in markets with strong fundamentals (pop growth, job growth, job diversity) Buy in good quality B class neighborhoods that would maintain renters even in a downturnSave 5% gross rents for vacancySave for inevitable lease up feesRent Prices Drop My numbers predict i could stay in the black even with a 10% drop in rental prices (see example below)Other At time of purchase i set aside 6 months of gross rent in cash, for reservesSample PropertyThis is a sample property is actually more like a higher c class, but i you could move the numbers up higher and see the same thing with a B class SFRPurchase Price: $60,000Closing costs: $4,000Rent $900Vacancy ~ $45(5%)Maintenance ~ $45(5%)Capex ~ $125Op expenses(tax, insurance, lease up, mgmt) ~ $162NOI ~ $522Mortgage: $261Heloc: $68(at current rate) - $160(at highest rate)Cash flow: $193(at current rate) - $101(at highest rate)I'm a little scared to ask this, but better burned on BP then in real life, so here we go.What am i missing or what did i not think of?
13 September 2019 | 12 replies
Those guys can then view their individual workorder lists from their mobile devices.
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14 August 2017 | 9 replies
Obviously electricity demand is only going to increase in the future, which leads to a greater chance this place will burn down.
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21 March 2018 | 19 replies
Those overleverage investors are the first to get burned.
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11 June 2017 | 2 replies
You may want to check with your local manufactured housing association or some mobile home dealerships in the area.
13 June 2017 | 4 replies
With the volume I buy and the experience I have I still get burned 1 out of 10 times.
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20 November 2022 | 17 replies
He is a mobile home broker that does vlogs.
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30 January 2018 | 12 replies
I've run into an unusual circumstance and can't help but evaluate the idea of mobile home park development scenario.