Anthony French
Any ideas or information finding funding for a development
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...
Arun Iyengar
For Syndication, what is the % ownership typically charged?
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...
Henry Clark
Self Storage- Security Systems
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 ...
Mark Grozen-Smith
Mobile Home Park Diligence Timeline
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...
Adam R.
MHP Deal analysis 48 pads
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...
Robert Johnson
FHA 100 mile rule
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...
Eric T.
Multi family in Harrison, NJ
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...
David Littleton
Assignment of Contract
When do you get the assignment fee when assigning a purchase contract?
Thanks in advance for the replies!
Kelly Skeval
First MHP purchase, need help with valuation
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...
Stephen Roberts
Auctioning Bank Doesn't Hold Clear Title?
Hi everyone,I'm new. I searched the forums and haven't found a place where this has been discussed. I'm considering putting an offer in on a house through Auction.com. I've been doing a lot of homework to make sure...