I did a search but didn't find what I was looking for. I hope that this thread will turn in to a good amount of information that other people looking to purchase a mobile home on leased land can learn from.
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After yesterday's storm Isaias, the rental house lost power and ETR is provided by PSEG for Aug 9th. The tenants want to go to the hotel for a few days until the power is back on.I am sure their food in the refrigerat...
So... I posted here about a year ago, but I don't expect anyone to remember that. I have been a live in landlord, renting two rooms in my house, for over a year.
My mother owns the house, technically, so she ...
So we bought a duplex with a mobile home on the back side of the lot. The property was an REO and had been vacant for several years. The electric company required us to get new entrance electric and weather heads for...
Hello BiggerPockets Community,
This is my very first post here and I'm really excited to be a part of the community.
A few days ago, I bought a really cheap property in a semirural lower-middle class, but generally...
Hello,
I just won a bid on a HUD Home.
Winning bid: $150K
Closing costs: $3.3K
Estimated in repairs: $50K (with margin)
Potential rent: $1,850
Potential resale price: $220K-$240K (at $230K, I'd make $211K after ...
I have a tenant that told me one of their bedrooms was having the power go out only to flicker back on after 10 min and then be totally back after 15 min. they were running the lights, a tv, and a space heater (1500 ...
Hello there,
I'm in Michigan with a Section 8/Hud Vash tenant who has 3 more months on an initial lease.
Inherited a house from my mother 11 years ago and jumped in after researching landlord/tenant laws in Mich,...
I could use some quick advice on a "subject to" since I have never done one before. This is a killer deal that will last less than 24 hours. I have a wholesaler that found a subject-to at a great price. There will be ...
I passed on a deal a month ago, but the chance has come back as the sale fell through due to financing. My hesitation was that it is a twin home (I'd be buying half) with a mother in law apartment in the basement (goo...