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29 December 2009 | 16 replies
Example--mobile home on land that can be purchased for $25K and rented for $700/mo, while the stick built house across the street sells for $70K (because there is financing for it), and rents for $800/mo.
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13 February 2010 | 22 replies
I'm VERY new to mobiles so take this for what it's worth: Have you thought about creating a note for the mobile and leasing the land?
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30 January 2010 | 27 replies
There are also "Lonnie deals" being worked in mobile homes by many BP members, with good profits, for well under your $10k limit.
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8 March 2010 | 5 replies
Minimize that number by keeping records of all your expenses - everything - including a home office if you have a dedicated one.
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4 January 2010 | 9 replies
Ultimately, he didn't show up in court, and we were awarded about 10x what we were owed; I don't think the judge recently understood the situation, but she didn't seem to care and was happy to award us a lot more than we were owed.We haven't yet been able to collect, but the mobile home park where the guy lives just went up for sale, and we're negotiating with the owner to possibly buy it...if we do, I have a feeling I'll get my retribution
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9 February 2010 | 12 replies
Here are the numbers on one I just contracted today.3-2 DW mobile home on one acreTax value -- $67KOriginal HUD asking price -- $50K (June 2009)Later dropped to $40KSomeone contracted it at ??
3 May 2013 | 15 replies
For hosting, I am self-hosting this site on a dedicated server, but I have had great luck previously with Hostgator.com
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5 January 2010 | 1 reply
I have a seller who owned land and had a double-wide put on the land. To get the house he took out a mortgage for the land/house combined.
Now he's facing foreclosure. Does this mean that the bank would foreclose on ...
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25 January 2010 | 6 replies
I also recommend his second book 'Making Money with Mobile Homes' (you've probably read it but for those who haven't) and highly recommend 'Mobile Home Wealth' by Zalman Velvel.
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25 January 2010 | 4 replies
From several posts I've read it seems that flipping and/or assigning mobile homes is not too different from doing the same with SFH's.