Abraham Garza
1acre with 4 manufactured homes for rent is it a good deal?
21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?
Gamal Harding
Columbus Lands Another Large Tech Firm! 4000 Plus Jobs Coming
18 January 2025 | 7 replies
The new facility, dubbed "Arsenal 1," will encompass 5 million square feet and is expected to start manufacturing operations by July 2026.
Alex Collins
Cash Offer Deal
25 January 2025 | 2 replies
Inherently the steps are the same as if you were purchasing with financing save potentially less closing costs and ability to close sooner (if needed).The terms of your offer (ie -contingencies, closing cost splits etc) will determine what is different.
Carl Taylor
Ai offer writing platforms
28 January 2025 | 0 replies
Anyone have any luck with any of these new Ai offer writing platforms?
Sam M.
Agent commission and making an offer
23 January 2025 | 4 replies
Haven't bought a property in awhile.If I submit an offer, does the offer include the commission or not?
Sarp Ka
Cheapest way to make a cash offer???
22 January 2025 | 14 replies
No, in this particular case it's not 700k property being sold as 500k if it's offered cash.Cash offer in my case helps with 30-40k.
Griffin Schermer
Brand New Community Development
25 January 2025 | 0 replies
Purchase price: $3,636,000 Cash invested: $700,000 This is a brand new 40 home build to rent manufactured housing community.
Sam Hanaa
Chatting about Windsor,ON
25 January 2025 | 11 replies
new houses are getting sold for 600K, old houses switched to multiple offer selling model, just like some places in GTA.
Sharma Parth
Feedback on company Offer Geek in Flint, Michigan?
21 January 2025 | 14 replies
I will say anyone offering this should be giving you all the pros and risks of the flint marketplace.
Khyree Randall
Seeking advice for making offers on mls listings
22 January 2025 | 16 replies
They will just wait for you to cancel the contract and offer on the listing themselves.