Kathleen Carmical
Active 1 year, 10 months agoForum Replies Created
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Posts
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Not sure if they are CLUE reports exactly, but I’ve asked for claim reports for properties I’ve considered buying from my insurance agent and he has happily pulled them for me. They can give me the score the insurer uses on a property and let’s me know if there were any major claims. My agent just pulls it up and lets me know over the phone. I suggest getting on a first name basis with your agent.
I’m in Atlanta so I’m looking in North Georgia within an hour or two of Atlanta if possible. I’ve made some in roads with a mobile home park ownership group. They have several parks here in N. Ga that they need help filling. I’m searching for homes I can move to their parks and create a note.
I’m also looking at parks with a partner who has a small park already. I found all of the mobile home premium training here on CFD very inspiring and educational. Basically- I’ve surmised that the mobile home business is all about the people and the note.I too attended the three day and my eyes nearly bulged out of my head when they told me their coaching was $40K!! Umm- no thanks!
I am glad I attended however as it furthered my education about the finance aspect of real estate. I’m now pursuing mobile homes to create the notes and have a much firmer grasp on the process. Much better use of my $40K, I think.Someone may have suggested this on the call (I wasn’t able to join that night) but what about hiring a few kids to hold your bandit signs at the busiest intersections?
We had a charity sale in a mini storage and the foot traffic really picked up when we sent volunteers to the intersections with directionals.great- thanks for the encouragement!
I am going to see them all on Thursday. He is getting out of some of his businesses as he is in his late 70’s. He is reluctant to retire as he is a real tradesman. He also told me about two daycare centers and a cattle farm he has that he may want to sell!
On the park- he is asking $210K. He owns all the trailers and the land and gets “around” $5K/month. He pays water and garbage, tenants pay electric. They are all on septic tanks. Now he is saying he may not want to sell this one for another year- but I will make an offer anyway and keep in touch for next year if he’s firm.On the first deal- it is a single wide- not a double wide. I still think its a deal as its hard to find anything that cheap.
I’ll let you know what happens.
Thanks,
KathleenIf you are friendly with a realtor you can ask them for comps. If you work in a particular area regularly, you can ask them to set you up with an auto-email that will send you the sold info as soon as it closes.
The county courthouse records in my area are available online- but they are notoriously delayed by about 6-8 weeks.
