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I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
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So I get investors reaching out to me everyday and it goes like this:"Hi, I know you offer turnkey properties and property management and am interested in the Toledo market, I don't want to buy turnkey but was hoping ...
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Hello, I am trying to transfer over from owning SFR's to investing in MHP's. I have been reading on this forum and people mention different formulas for evaluating what a MHP is worth. So, what are the formulas I s...
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Hey BP - Want some advice/perspective on my situation.
Back in 2022, I had a strong desire to get into REI to diversify my investments and pursue a new side hustle. I envisioned real estate investing as a way to make...
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I am working with two agents who showed me a bunch of MFH properties: mostly duplexes, some 4plexes. One in UW, many in Greenlake, some in Cap Hill/First Hill and a couple in West Seattle. My plan is to house-hack wit...
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I found a mobile home park available for purchase for $895,000 I would like to offer a master lease option. How would you structure it?The park is 100 spaces and has 14 current mobile homes on the property. All pads...
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I'm drafting some purchase criteria to send to a few MHP specialist brokers for a good first deal. Here is what I have:
Targeting 1 to 6 units with lot rents averaging less than $400 per spaceVacancy rate between 65%...
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I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....
My subject is not direct, but a legitimate question.I recently got a prime follow up call for a prospect that could absolutely be wholesaled. Upon making an offer and coming to negotiating terms with the seller, I nee...
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Hello everyone. I've been a BP member for a few months now, and I've previously been documenting my progress here:
http://www.biggerpockets.com/forums/12/topics/67333-a-newbies-birddogging-journal
I decided to star...