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I've found a mobile home park with 9 mobile homes (owned by the park, not the tenants) and a house on the property. Each unit is rented out month to month at about $350 per month. The rent roll look a little sporadic....
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Hi,Brand new Mobile Home Park investor! I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have t...
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Hello BP members!
So far I purchased single family homes and I want to buy my first multi family property.
I am looking to buy 20-30 units.
I would like to know what are the due diligence checks I need to for mult...
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Obviously Chicago has a lot of zoning/permit types of hoops to jump through if you exist inside the city limits. I have been doing my best to research a lot on my own to find out what sorts of regulations apply to my...
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Hello allI have 2 acres of land under contract in Odessa Texas where I currently live. I have some rental homes, I rehab homes and I build single family homes as well. I have listened to all the post casts and n...
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Hey BP!We are purchasing a mobile home park in a community of about 16,000 people. There are several smaller towns along the outskirts that have a few thousand people in each. The closest large metro are is about 2 ho...
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When purchasing commercial property what are your due diligence? How do you determine if it's a good deal?How much does due diligence cost out of pocket? What steps can you take before spending money to determine if i...
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I have a chance to buy this trailer park with owner financing for 185k with a 17.3% down payment (32k) at a 6% interest rate amortized over 15 year term with a 5 year balloon payment. Right now it is at 40% occupancy(...
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I'm in the midst of turning a park around that was in terrible condition upon purchase. We have spent tens of thousands fixing the homes and are now in the stage of moving the Park Owned Homes to the tenants. Some of ...
I've got a lead on a park in a great location and school district, but the place is an absolute dump and is below 10% occupancy. I did a drive thru yesterday and it needs a complete overhaul. There are 20+ vacant home...