Hey everyone, I found a mobile home “park” for sale (say that because it’s very small for a MHP, 7 acres) and the price seems too good to be true. Where do I even start in analyzing a MHP? What questions do I need to ...
Hi All,I'm just starting out and ready to buy some turnkey rental properties. There's one company that sends me listings every so often but when I google the company, nothing shows up except for their main webpage. Th...
I just picked up a rental property that I will be renting in the open market, no section 8. I am getting lots of phone calls and am getting to the process of tenant screening. My list of Questions include: How much do...
I've searched the forums but I can't really seem to find anything on this. I'm the property manager for my parents' mobile home park - it's a small park (9 lots total) and they live on the property as well.We want to ...
There is no doubt we are living in unprecedented times. COVID-19 has undoubtedly thrown a curveball in all of our plans, at least in one way or another. My question is, are we in the beginning of another major economi...
We are completing a 1031 exchange. First property in CA, 2nd in Houston, TX. Some friends say they have completed 1031 exchanges on their own and all you need is 'keep a paper trail of transactions'.However, given t...
An attorney I have worked with a few times emailed this to me. Does anyone in Pittsburgh / Allegheny County know anything about this? I am sorry it is so long:"I am writing to you because I believe you own some reside...
Hi Everyone,I am looking at a MH park deal. 21 Total Spaces, 4 of those are currently vacant. New spaces are renting for $200/month, but most of the tenants that have been there for years are paying $130/month. It is ...
Hello BP world!Please allow me to tap into your collective knowledge, once again.I'm looking at buying a property. I'm doing the math to see if the deal is viable and I need to get a number for how much flood insuran...
Hey everybody,
I'd love to get some feedback from you about a new strategy that we are getting ready to employ. But first I need to give a little background. Over the past 5 years my business partner and I have bu...