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I’m relatively new to real estate development, having completed only one fix-and-flip project. However, I am passionate about creating a micro home neighborhood in my area. Securing funding has been challenging, parti...
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I get requests from friends to invest and manage their investment in a multi family building. My question is:1. What rate of rent do you charge as management fee for yourself, assuming you still contract with a 3rd pa...
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When do you get the assignment fee when assigning a purchase contract?
Thanks in advance for the replies!
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Response to a persons question. Versus a little info at a time, the following is all I know about security camera systems. Go over this with your security person. Tell them you don't want a "Camera" system, you want ...
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Hi BP friends,
I'm trying to learn when the diligence process happens in the purchasing flow of a mobile home park. I know theres a lot you want to do once the property is in escrow (check the sewer, confirm financia...
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Trying to strike my 1st MHP deal. Looking for feedback on the latest one I'm pursuing.48 pads & a 4 Unit multifamily- No vacancy38 park owned homes- 24 are 1980's or earlier, 14 are 1990's or later( 5 are 2016)Lo...
Hey BP,I’m looking at getting a 4 plex as a primary residence for a house hack. I’m working with a lender who is confused about the 100 mile FHA rule. I currently have a SFH under a conventional mortgage that would be...
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Hello All,I am looking to purchase a multi family home in the New Jersey area that is within 1 hour commute to NYC. I have been eyeing Harrison NJ with the newer built multi family homes ranging from 700 to 750k locat...
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Hello. I’ve been researching MHP investing for awhile now. I’d like to acquire the right park and plan to attend the Mobile Home University bootcamp in May. Until then, I have a park that has sparked my interest an...
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You would know the first project I can really sink my teeth in has to be a huge one. HELP HELP HELP!!!!
an appraiser on the local zoning board has talked of this property being approx million dollar property. The r...