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19 July 2020 | 2 replies
On the 17 acres there are four lots set up (formerly had mobile homes on them that were rented out).
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5 August 2019 | 1 reply
We are looking into purchasing a mobile home park in TN.
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3 August 2019 | 5 replies
Are surveys necessary for a mobile home park?
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2 August 2019 | 4 replies
Do you need to mow the lawns of those lots that aren't occupied?
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7 August 2019 | 77 replies
We usually look for all brick with good bones, structure, layout and Mechanical’s that only needs Cosmetical repairs and updating of things like Vanities, carpet, paint and fixtures etc.
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8 September 2019 | 3 replies
Jeff i have searched for a good 30 mins from mobile and i cant seem to find it either.
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4 August 2019 | 5 replies
@David Nacco - first make sure to account for the following expenses in your calculations:1) Mortgage2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments6) Insurance a) Property Hazard Insurance (0.3-0.45%) b) Flood Insurance c) Earthquake Insurance d) Umbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have these if your tenant is not covering them and/or during vacancy) a) Water § Sewer § Garbage b) Electricity c) Natural Gas d) Propane9) General Maintenance (usually 5%) a) Upkeep § Landscaping b) Snow removal c) Repairs d) New Appliances e) Make ready10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.), including...
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4 August 2019 | 14 replies
If you plan on renting, don’t skimp on the mechanicals, like HVAC, Plumbing...etc.
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29 January 2020 | 1 reply
I have a mobile home fresh remodel in Nye,MT minutes from Stillwater mine for sale $22,500 anyone interested?
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4 August 2019 | 18 replies
This is what mobile notaries and such are for.