Investment Info:

Mobile home note investment investment.

Purchase price: $64,250

Cash invested: $12,000

Sale price: $175,000

We purchased this mortgage note and ended up foreclosing on the proper...

You may want to read up on wholesaling as a way to generate some capital.

The successful flip generated a quick profit, demonstrating the strength of our market strategies and partnership.

With the right PM, you’ll have peace of mind knowing your property is in good hands and generating steady income.Good luck with your search!

Now that I am in position, I would like to place a mobile home to generate some passive income, but I don't want to use my savings for the down payment.

In the meantime, enjoy the free energy they provide?

Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

The energy in person is different for me, and I've made some of my best connections and friends at Chicago meetups.Here is a list of the Chicago event from BP: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of ALL THE CHICAGO MEETUPS that I am happy to share with you. 

I won’t try to tell you what to do other than if there’s certain properties that just consume way more energy you might consider 1031ing them into slightly larger properties where you could get better economies of scale for your time and expenses.

Quote from @Anade Davis: I was not looking to say anything negative but the energy is off.