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1 July 2024 | 1 reply
I have 200k equity in my primary residence that is burning a hole in my pockets.
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7 July 2024 | 89 replies
Look around, well over the majority these days crash and burn with one SF.
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1 July 2024 | 7 replies
In my opinion this is making it a great time to be a buyer which is why I bought a new house this year and am trying to buy another mobile home park.
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30 June 2024 | 5 replies
The seller gets to remove the burned of the monthly note while the investor takes a whatever equity is on the home, turns around and can cashflow if numbers work.
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2 July 2024 | 19 replies
😀So I speak with some actual first hand investing experience.It’s is never as good as some think and it is never as bad as some think.While some big name syndicators have crashed and burned, the truth is this only represents a small share of the market.The overwhelming number of MF properties are owned by long term owners with fixed rate debt and Billions in Equity - those people are not in trouble.I believe perhaps 10% of the MF stock is owned by syndicators.
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1 July 2024 | 8 replies
We haven't worked through the logistics of the grocery delivery, but we have talked about asking for their grocery list at least 48 hours in advance, doing a mobile order at the grocery to pick up, and adding a 10% up charge for us, since we're delivering it.
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2 July 2024 | 73 replies
Is the property manager an “asset manager” or simply someone looking to “churn-and-burn”?
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28 June 2024 | 1 reply
About to go under contract on mobile home community #2.
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3 July 2024 | 40 replies
I see mobile homes, and steel garages, and large steel girder buildings, but nothing that is something i can put together and finish myself, with floor joists like this one https://www.alibaba.com/produc...
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29 June 2024 | 9 replies
its a 4 unit mobile home park, all POH, 100% occupancy with slightly undermarket rents separate sceptic and a single well.At the asking price of $240K, there is 12% cap rate.