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8 July 2020 | 3 replies
I ran into a vacant mobile home lot, with a current conventional septic system on it.
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6 July 2020 | 4 replies
Which you can do and really dedicate yourself to, and gobble up every bit of knowledge every day.
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17 July 2020 | 4 replies
Hey - What does everyone think of mobile home park investing in today’s market?
7 July 2020 | 4 replies
Rent for a house will be greater than a mobile home or a duplex, of course.
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9 July 2020 | 2 replies
Also, you can contact your local manufactured housing association and some mobile home dealerships in the area.
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18 July 2020 | 9 replies
What assumptions need to happen in order for the mobile home park to achieve the returns that you're looking for?
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9 July 2020 | 5 replies
@Darius Ogloza Exactly, think about it as HELOC for rental property owners, and rather then equity-based, it would be based on the AR(account receivables).Thing is HELOC is mostly for owner-occupied borrowers, it requires a second lien, and it's a lengthy process (weeks), What I'm thinking is a line of credit that is being approved and funded within 48-72 hours, no lien on the property, just general recourse on the borrower or routing rent payments via the lender as a processor (remaining funds go to the borrower's account so all expenses can be paid as usual).It's quite similar to fundbox, blueline or clearBan: but this time dedicated to RE landlords.
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11 July 2020 | 18 replies
A few ideas to look into: starting with a house hack, BRRRR investing on non-commercial properties, mobile home park investing, large multifamily property investing, self storage investing, wholesaling, flipping, becoming an agent part-time, etc.
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27 July 2020 | 33 replies
There aren’t any dedicated str mgmt companies in this market though.