Robert Lindsley
Mobile Home Park Questions and Advice
Hi there,I have been interested in mobile home parks for a while. Over the past year I've been researching and running numbers on multiple parks but haven't found anything that financially makes sense.Last week I fou...
Keith Meyer
Mobile Home Park Seller with Low Expenses and Poor Records
Hi All,I'm currently evaluating a park with 65 pads with no vacancies, at a lot rent of $450 for a Gross Income of $351,000. The Seller is willing to finance the park with a low Down Payment, between 5-10%. The Seller...
Khalil Ghorbani
[Newbie] - Rental Property - Pay off loan or keep mortgage
Hi everyone. I have lurked on the board for a while and read it but I have a specific question and would love some experienced people to help me figure out if my thought process is correct. Please move this if it's in...
Michael Catausan
Help Analyzing Small Multiplex Property in Kansas City
First of all, I am a newbie RE Investor and just starting out on BP and enjoying reading all of the helpful posts. I want to be a helpful contributor eventually but you have to start somewhere. I have read a few rec...
Kellyn Cameron
Possible off market deal - HELP!
Hi everyone - I have a potential off-market deal and I need some opinions from more experienced investors. I met with the seller and they told me they would prefer not to list it on MLS but would if they didn't get th...
Jim Stanley
Deal opportunity- I know I should pass but don't want to (Denver)
Hello- 1st ever post.I've been wanting rental property for a while and am starting to educate myself.My best friend has to move very soon and has offered to sell me his house at fair market value but with no realtors,...
Paul Houser
Hello! In search of sound advice...
Hello, my name is Paul. I've been on BP for a couple months, reading, listening to podcasts, and trying to learn as much as possible. I am very impressed with the culture of this community, how much others are willing...
Alex Johnson
Pay off $15k in college debt, or invest it?
probably a dumb question, but i’m stuck and need some help. as the title says, i have $15k in college debt that i am comfortably paying back each month (~$250). i have enough saved up to pay it off in full, but i’m 10...
Neil Quinn
How much do condo HOA fees reduce capex / the 50% rule?
Hi all,I'm looking to see how close to breakeven I could get with some property in my area if I ever move out, but mostly would only be able to afford condos that have $300-$600 HOA fees.Can people give me a sanity ch...
Madeline Graham
Owner Occupied Duplex Minneapolis Analysis
I'm looking into owner occupied duplex purchase. Right now, list prices are between 350 - 400,000. Rents are about 1350 - 1500 for 2 bed 1 bath units. I'm currently looking at a 350,000, would put 20% down. With both ...