All Forum Posts by: John Mimms
John Mimms has started 9 posts and replied 24 times.
Post: How to be safe when working on investments
- Campobello, SC
- Posts 25
- Votes 5
Snake boots, firearms training and a firearm.
Post: Paying cash for a mobile home
- Campobello, SC
- Posts 25
- Votes 5
Homes with land are plentiful here in SC. Tornadoes and divorces in SC are similar in that someone is loosing a trailer.
Post: Paying cash for a mobile home
- Campobello, SC
- Posts 25
- Votes 5
I am new to investing in rental and do not want to go into debt to start my rental business. I was thinking that buying a mobile home on land and renting it. Most post on here are park based and financing based. Is anyone doing what I am looking to do? Is there a huge downside I am not seeing? I am thinking I can spend around 25K and rent the home out for 500 a month. This makes sense to me.
Post: New member from Greenville SC
- Campobello, SC
- Posts 25
- Votes 5
Hello, I am new to the site. My name is John. I am a dentist by training but would like to get into rental real estate in order to establish passive income. I have my real estate license due to incompetent agents inspiring me to get my license. I have bought raw land and my 3 personal residences. I am here to learn. I am thinking that mobile homes is going to be my best entry into rental real estate.