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All Forum Posts by: Andy Brohard

Andy Brohard has started 11 posts and replied 68 times.

Post: Cold Calling Vs. Working With a Brokers' Pocket Listings

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

Hey @Gabriel Romero

My partners and I have been hunting down off market parks for a little while now. I'd say it's going to be a mixed bag. If you've got real cash to close and know what you're talking about, owners are willing to listen and some will be open to selling. A lot of them don't want to deal with brokers because they pay a hefty commission on it. Then it'll come down to a price that everyone can agree on......or that can be financed. Are you looking to find a MHP for other investors are looking for one to buy yourself? 

Post: Closing Attorneys in NC

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

@Jamall Steele Brian Elam at Innovative Closing Solutions is the guy to talk to

Post: Joshua Homestead Utilities

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

@John Vega I've heard that you can go off grid with solar in San Bernardino County but I haven't looked into it personally. They're supposed to have an expedited process to convert from Homestead to Single Family Dwelling but I don't know anyone that's actually done it yet and you'd need a bathroom/sewer etc. 

You should be able to hook up septic relatively easily out there. 

City would have to install the water main for your parcel and it's not exactly cheap. Is the 300' all on your property or do you need an easement? How far away is the nearest power pole? 

Post: Greensboro, Winston-Salem meetup in person and Virtual

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

@Shiloh Lundahl - I'll be there via zoom. I'm in LA. I can ask my team out there if they have a location if you want. 

Post: Short term rental in Joshua Tree

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

@Rahul R. I've been looking for awhile now, hoping to get another offer in a place today but this is what I've found......

Prices are way up with people from LA moving out there. With WFH continuing a lot of folks decided to buy a place out there since it's typically less than 1/2 the cost of a house in LA and the rent to mortgage price is similar. 

AirBnB market is heavily saturated but the park is one of the most visited parks in the US so tourism is still heavy and people from the city still venture out for the weekend or longer. 

It is fiercely competitive right now both on the purchasing side and the AirBnB side. Multiple offers even on properties that are tear downs. There's a lot of competitive AirBnB pricing so your place needs to stand out somehow to command a decent amount per night. 

Professional management is much more expensive than long term rental management. Up to 30% depending. (realistically looking around 15-20%) 

Yucca Valley is trying to convert everyone to a city sewer system so if you're looking in that area know that you'll have to pay a special assessment tax and be responsible from going from septic to city sewer. 

If the property doesn't have power or a water meter.......it can be $$$$$$$$$$$$$$ and if you don't have solid contractors of your own its slim pickins for quality work out there. 

Depending on what kind of deal you're looking at you'll probably either need hard money lined up or a commercial loan with 25% down. 

Post: Greensboro, Winston-Salem meetup in person and Virtual

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

Looking forward to this! I've got 12 units in GSO and the lease option strategy is appealing for the smaller SFRs. 

Post: Lead Sherpa or Launch Control

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

Good to hear it's working for her in Launch Control. Our messages are now compliant but looks like anything on Verizon is being skipped in the delivery.  

Post: Lead Sherpa or Launch Control

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

We've had some luck with Lead Sherpa but with the new carrier rules in place I'm not sure how much longer it will be a viable option for us. Haven't used Launch Control but wondering if they're running to the same issues. 

Post: Your MHP buying criteria?

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

@Jack Martin will do! 

Post: Your MHP buying criteria?

Andy Brohard
Posted
  • Los Angeles, CA
  • Posts 75
  • Votes 80

@Brenden Mitchum Appreciate the reply and feedback. Would love to chat with you more about MHPs. I'll shoot you a PM.