Investing in Mobile Home Parks
We didn’t really know that much about the mobile home park itself, but decided to take the risk on the opportunity, with the understanding that we could lose it all.
We didn’t really know that much about the mobile home park itself, but decided to take the risk on the opportunity, with the understanding that we could lose it all.
In the thick of our move south in early summer, we purchased Property #6 in Oklahoma City. Property #6 will be the first time we will work directly with Kendal to renovate the place and also use a contract that follows the cost plus model.
After we paid the lien fees ($380), we had to wait for two weeks for our payment to make it through the red tape and for the ability to request the abandonment lien be removed from the property.
We purchased our fifth home in Oklahoma City at the end of January. Almost two months later, we received a notification from the City saying a tax lien was in place due to a nuisance violation that was never paid by the previous owner.
In just two short years, we doubled our real estate investments in Oklahoma City from two to four and will be closing on another property this month. The diverse economy, landlord-friendly regulations and positive economic growth indicators were among the many reasons why we set our sights on the Sooner State.
Clint and his partners thought they were helping a guy out. They thought they were doing right by a person who was onto a better path after some hard times. Unfortunately, they thought wrong.
We made it to 2021! The vaccine for COVID is making its way to the masses and the year will start anew with the promise of being less eventful and hopefully more social than this past one. If 2020 has taught me anything, it’s that you have to focus on the things you can control and that’s the best way […]
The Coronavirus Pandemic put more than a wrinkle in 2020. It put the economy at a standstill and created a mess of uncertainty. While it slowed real estate transactions, the demand for homes, whether to buy or rent, continues to remain strong. Properties are selling, people are buying and home continue to appreciate, or increase in value without actually having […]
The BRRRR method — Buy, Rehab, Rent, Refinance, Repeat — is a major factor in how we grew our real estate portfolio from three properties to five in about a year’s time. With our real estate business, my husband is the numbers and analytics guy. I handle networking and operations, which taps into my experience as both a communication and […]
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