I don't own anything that far east, but I would expect an 1880 4 unit in Rollinsford to Cap out at at least 10 (even though the purchase price won't be based on Cap Rate, my willingness to pay it still will be, at least to some extent).

I remember seeking help from other Investor or Wholesalers, which they would help but only to a certain extent.

I remember seeking help from other Investor or Wholesalers, which they would help but only to a certain extent.

My place is on what has become a highly developed lake, where dad's double wides got surrounded by mansions.  

A single wide will cost you  a minimum of 5k and a double wide twice that amount.

But Nola requires flood & wind/hail insurance not required in other regions, very old housing stock that requires additional maintenance, and solid understanding of the city as it can vary widely block to block.

This month, Mom and Dad used funds they’d built up in their 401k to purchase a double wide on land.

@Won MoonYou have come to the right place to connect with the wide array of real estate professionals and investors.

@Michael BaranowskiYou have come to the right place to connect with the wide array of real estate professionals and investors.

@Ryan HansenYou have come to the right place to connect with the wide array of real estate professionals and investors.