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How to analyze this MHP?
Hi everyone,
I came across a potential opportunity on a mobile home park, but am not sure how to do the DD on it. Here's the low down:
168 spaces
10% occupied
Park is bank owned
Bank is asking $650k --they have an a...
Dustin M.
Investing in Mobile Homes after June 1 HUD Safe Act
Hi,
Does anyone have any strategies in place for mobile home investing after June 1st when the HUD Safe Act starts which will eliminate almost all seller financing? I was really hoping to try mobile home investing th...
Linda Garcia
Owner finance property - owner dies and title was never transferred
I purchased property and a mobile home from my step-father with owner financing. The following month he passed away. The mobile home was originally purchased by my father and brother for my step father and mother af...
Courtney Duong
commercial lease - landlord prohibited uses
Hi all,So I manage a retail strip (9 units, 2 are vacant now) in Cypress, TX. In each of the lease that we are having with all of our current tenants we have a Landlord Prohibit Uses list below. Last week we had som...
Brian Goodling
Looking for potential PM near Ocala, FL
Good morning everyone, I am looking to get some insight into the Ocala/Fort McCoy area of FL. I may be pursuing a deal in that area in the coming days and wanted to reach out to the BP community to get some insight.My...
Jason Hicks
Trying to grasp it al
Hello everyone! I'm a full time IT specialist AND have my own home inspection business in Southern CO. I'm wanting to start to develop my rental portfolio for long term goals and retirement! I have no intentions of qu...
John Gach
Can’t remove tenant NYS
So I live in Buffalo New York. My rental property I purchased in august last year, it’s my first one, it came with this low income tenant that was getting social services and a housing agency to pay his rent.The rent...
Nicolas Franckenfeld
For rent-to own mobiles: Keep title in park's name or buyers' names?
Question for the BP Mobile home experts:If a park has a fair number of mobile's with Rent-To-Own / Contract-for-Title on them, should the park keep the titles in the park's name or should the titles put them in the bu...
Marcus Perkerson
Do I have enough capital to enter the area of Notebuying?
I have $70,000 in capital to invest in buying notes. Would that be enough to get into note buying? I recently retired and I like to augment the income I receive as a landlord. I don't want to purchase anymore tenan...
Jason Rogers
D4D Probate Lead Title Issue
Any ideas on how I can get this driving for dollars lead nailed down? Owner is deceased. I contacted the wife and it’s a bit of a mess. It was his mother’s house and she quit claimed it to him prior to her passing. No...