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All Forum Posts by: Andriy Boychuk

Andriy Boychuk has started 46 posts and replied 467 times.

Post: Vehicle Dealer License?

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Daniel Mills 

I got my dealership license in PA one year ago. It is the state requirement. The best advice I can give you is to buy and sell 4 mobile homes (you do not need the license). If you like the business, go ahead and get the license. 

If you have any questions about how to get the license, feel free to ask. 

Post: Skirting alternative

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

Post: Skirting alternative

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Jennifer Bayhi Gennaro 

If there are no park restrictions, you might use plywood. Our handyman built a frame, install plywood, primered and painted it.  Labor + materials cost us around $250.00

Post: Do mobile home park owners need to hire Property Management Companies?

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Jay Hinrichs I see. All these are very good advice. Thank you.

Post: Do mobile home park owners need to hire Property Management Companies?

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Jefferson Lilly thank you explanation 

@Fred Heller  and @John Arendsen thank you for answers.

Post: Do mobile home park owners need to hire Property Management Companies?

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Curt Smith 

thank you for the answers

What is "Sun's rent credits program"? Where can I find more information about it?

Post: Do mobile home park owners need to hire Property Management Companies?

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

I was driving for dollars last week. Approximately 50 parks were visited during my trip. 10 of the parks were managed by property management companies. All those 10 parks were 50% or less occupied. All those 10 parks were in terrible condition. Most of them looked like they were abounded.

I do not invest in mobile home parks yet. However, I have couple questions out of my curiosity.

  1. 1.Do property management companies care about occupancy rate?
  2. 2.Do property management companies care about mobile home park condition?
  3. 3.Are there any good property management companies for mobile home parks?
  4. 4.Do the park owners care about occupancy and condition of their parks?

I wish somebody who knows how to manage MH parks to buy those parks and improve them.

Post: MH Investing Education

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Cale Ferguson 

I agree with @Leslie A. 

@John Fedro program, blog, podcasts and videos are great resource. 

Deals on Wheels is great book to get basics about mobile home investing. However, it is not current with new laws Dodd Frank and Safe Act. 

Here is list of books BP members recommend Best Mobile Home Investing Books

Post: LT Cash Flow : Renting vs. Owner Financing (mobile in Park)

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

ok. I understand now. Thank you @Bill Gulley 

Post: LT Cash Flow : Renting vs. Owner Financing (mobile in Park)

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Bill Gulley

"So, taking a security interest in someone's car or boat or fur coat, which is still a consumer loan arrangement may be seen through quickly and see the ploy as a means to circumvent the intent applicable to a home purchase transaction. It's simply best to comply, use a RMLO and keep everything above board."

If she does unsecured promissory note, will it trigger DF or Safe Act?