I'm wondering about Pace Morby's Gator program. It sounds like there are five strategies, and the first one is essentially inserting yourself into a deal by providing the funds for an earnest money deposit for someone...
Hello
From what I understand, with no experience in real estate investing, mobile homes only depreciate and that banks don’t see them as having any increase in value after repairs. Is this true? I would like to begin...
To those starting out I have a word of warning, trust no one. Every single person you think is working for you or with you or in your best interest, is working in their best interest. This is America. Nobody cares a...
we have an inherited tenant who is requesting that we remove the existing door on his bath tub so he can use a rod and curtain instead. We were planning on removing the door when we turned over the unit for the first ...
What’s up everyone. Looking forward to connecting with as many people as possible. I have a pretty fortunate situation that I would like to hear some advice on.
I live in a 275k property in Charlotte, NC that is in ...
Trying to determine the best way to value a mobile home park. Cap rate or income? Or any other options.
There was a great article in here a few years ago but was hoping to get prospective from someone doing it, to...
Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...
Background: Up front - working numbers daily to get in the routine of analyzing deals. This is part of that. At this stage, I'm not ready to buy. Having said that, I'm trying to approach this using @David Greene's mod...
Does anyone know about the marker in Castle Rock. I am new to this stuff but have an opportunity to buy brand new properties at a new development called Shadow Creek. The area seems like a great location (20 mi sout...
I'm a complete newbie, and doing my research..I decided to look on the web at tax records for some of the house I found on Realtytrac. I actually found that an REO was purchased for $60k, but can't find that it's lis...