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All Forum Posts by: Mark Brogan

Mark Brogan has started 20 posts and replied 1051 times.

Post: Introduction to me :-)

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

Welcome @Brendon Killian

You found best investing resource on the web

Time to get to work reading,ask questions listening to podcasts 

Good luck

Post: How to run a credit history report on tenants.

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

@Account Closed your prospective tenant is who pays 

Get their email address and send to them 

It asks at the bottom who pays before you send it out, just click the box renter pays 

Post: To flip or not, off strategy?

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

As @Brent Coombs said, purchase as a buy and hold if the numbers work then sell after rehab 

Most rehab to sell projects go over budget 

My advice is to stick with what you know 

Good luck @Peter Nguyen

Post: Mobile homes

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

@Account Closed great books and lots of good info also

look up John Fedro

Post: Closing gone wrong...legal proceedings to follow?

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

Forget about the cottage being I mobile,what are the numbers on the investment 

The numbers will tell you if it's worth it,in the end if you sell you can finance the sale and get appreciation that way

Manufactured homes can be incredible money makers 

Good luck

Post: Closing gone wrong...legal proceedings to follow?

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

if you are a buy and hold investor I don't know why you would care as long as it cash flows well every month @Scott Taylor

You should never buy looking for appreciation 

But if that is one of the reasons you are buying when you sell just finance it for end buyer and get appreciation that way

Post: Owner Finance

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

if you area does not use title companies that close on property,then for sure use a lawyer

Let lawyer or title company tell you what to do 

@Trevor Zimmerman

Post: Great Flip Opportunity...Should I wholesale the deal?

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

Without the resources lined up ready to go and out of your just wholesale and move on @NaTarrio Jones

Good luck

Post: Buying a mobile home

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

agree with @Paul Winka

this is what I moved into as well because of lower entry point and because of much less risk

if you sell them on terms they do appreciate over time

everything in this business is risky

just understand the risk and move forward

good luck @Manmohan Singh

Post: Help with Seller Finance/Owner Carry

Mark BroganPosted
  • Investor
  • Roanoke, VA
  • Posts 1,096
  • Votes 374

go to the court house in your area and search for people that carry notes on properties and then send them a letter offering to buy the note

find out what your buyers criteria is when buying a note before making an offer

good luck @Giacinto L.