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5 December 2010 | 5 replies
I believe in order for me to become successful, I must be willing to dedicate at least 1-3 hours after work in order to reach the level of success I desire.
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25 October 2018 | 1 reply
Your thoughts are appreciated.Also, if you're ever in Mobile, AL hit me up -- we'll grab lunch!
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16 December 2010 | 8 replies
The seller many times believes the property is worth more than it is.A 7.5% cap on a mobile home park is an awesome selling price.You can buy at a 7.5% CAP but then if unforseen problems arise you now have a 6% or a 5.5% with capital expenditures hurting anticipated cash flow.Like I hear from many investors if I pay cash I want to buy at 10 to 12 cap so if something foes wrong I am still at 9 to 10 cap.I can't blame them at all and also can't blame the sellers for wanting top dollar.Washington and others states the cap rates are lower and costs of living is higher.I like my state personally as you can drive high returns and cost of living is lower.Each state will have it's pluses and minuses though.
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12 December 2010 | 2 replies
I happen to favor Mobile Homes and Mobile Home Parks as an investment area.
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15 December 2010 | 11 replies
I prefer Mobile Home Parks myself after getting burnt out on apartments.
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16 December 2010 | 5 replies
Don't overlook mobile homes and mobile home parks!
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16 December 2010 | 4 replies
It is a very nice (apperance wise) 1995 mobile home.
16 December 2010 | 2 replies
I'm buying back a mobile home from one of my noteholders.
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19 December 2010 | 14 replies
Get a pros opinion before getting in THAT mess.Here MOST alum wire is in mobile homes,,,havent seen any in a stick built house ,,,but I havent seen them all!!
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18 January 2011 | 6 replies
For that:1. mobilehomeuniversity.com- read 'Huge Profits in Mobile Homes & Mobile Home Parks' by Ernest Tew & Steve Case- read 'Deals on Wheels' by Lonnie Scruggs2. mobilehomeparkstore.com - attend one of their on-site bootcamps for a weekend of classroom learning and on-site training in a mobile home park3.