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How many different parks do you do Lonnie Deals in. I have 40 parks in my area and am currently working in just one park. I do have meetings with two other park owners who want to work with me. Do you think I should t...
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I see on the right hand side of Bigger Pockets that some people have scores. How do you get a score and how can you score higher?
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Hello BP!Looking for a little feedback on my first REI deal.Background:Joined BP last year, read a lot of books, and listened to all the podcasts. Got my wife involved (she's the smart one) and we got a HELOC on our h...
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Hi BP Community,I'm looking for advice any pitfalls there might be when converting POH to TOH. I'm talking about a park which currently has a mix of the both. I want all current POH tenants to switch, and will require...
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Hello BP members. This is my first official post to the forums. I turned my residence into a rental property when I had to move from Texas to Alabama. Well, mainly because of a move with the Army. Currently I'm in the...
Okay so basically im 20 years old living paycheck to pay check basically. I have a bout 3 grand in cash , 3 credit cards that hold a $2500 limit and I make about 14k a year at my current job.I recently talked to a guy...
Good Morning,This is my first post and I am hoping for a little help and direction. Over the past month or so I have become extremely interested in everything real estate and hope to soon get in the game. I have been ...
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Good afternoon Biggerpockers. Long time lurker but Im ready to enter the game, again. Quick background on who I am and what I have done so far. I go by Stos and was born and raised in Upstate NY, went to college in Bu...
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Is there a rule of thumb for expenses on mobil home parks and self storage units?
I'm looking at a property with 26 mobil homes, 13 of them park owned, and 53 self storage units. The gross annual income is $130,000 (...
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Newbie here practicing analyzing some properties in socal, particularly Inland Empire). I'm trying to implement the percent rules (2%, 70%, and 50%) but not even coming close with the property values. What percentages...