30 September 2016 | 5 replies
I am looking at a mobile home park in CT with the following details:- 18 spaces fully rented for $455 / month (received as an HOA - owner does not own the mobile homes but rents the spaces and includes utilities as part of the $455 fee)- Separate unit on the property:- 3 offices rent for $400 each / month (currently rented)- 1 apt bedroom for $800 / month (currently rented)- A storgage shed that gets $1400 a yearTotal Annual Income = $122,400Total Annual Expenses = $92,701They are asking $1.2M for this property, and I am new to this type of investment.
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30 September 2016 | 12 replies
Evictions typically take SIGNIFICANTLY less time than in NY.
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1 October 2016 | 10 replies
So, you'd better know how to solve at least some of the problems that are typically encountered by a prospect.
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11 October 2016 | 9 replies
There’s typically a good mix of attendees - usually one or more attorneys, a number of agents, many experienced investors, landlords, flippers, rehabbers, contractors, lenders, etc.
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3 October 2016 | 4 replies
-Call them and ask to talk about their experiences in the area and what they rent their properties for and what utilities tenants usually pay.
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1 October 2016 | 12 replies
My boyfriend and I are planning to work together to utilize my expertise in construction and design, as well as his local knowledge.
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30 September 2016 | 15 replies
The HML lenders add on increasing costs for any extensions because the most money for them is typically made on the points charged on origination.
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2 October 2016 | 4 replies
The list has structural, lack of utilities, hazardous conditions, vacant and open and uncorrected red tags.
4 October 2016 | 9 replies
Thinking something like this:https://www.redfin.com/WI/Milwaukee/2720-N-Oakland...Do those types typically work well?