All Forum Posts by: Carolyn Morales

I divided 5 acres I paid 10 k for, into 5-1 acre lots and sold them all for $7,500 and $ 8K each owner financed.. I then bought a commercial vacant lot I paid 17 k for and held it a few years then sold it for 55k owner financed...Not every one wants to live in a cookie cutter subdivision with rules. Some would rather move to their own lot even on a dirt road and live frugal til they save to build a house. All my owner financed lots went very quick., It is better than paying rent in my opinion to set up your own lot and even live in an old mh while your building or saving to build.

I am confused. 

if you feel you are more inclined and confident in sweat equities, go to REIA MEET UPS and offer barter for your sweat equity skills...Or if your inclined to keep a solo low profile..Find some cheap vacant residential acreage that may be dividable and call a survey company and divide it and sell it for a mark up or owner financed with enough down to cover your costs and maybe keep a chunk for your self... Or since your a sweat equity type..Do whatever it takes to purchase a 2nd something and maximize it with sweat equity...if you don't have funds look for affordable owner financing...no matter what get in some where, some way..You don't have to know much.. title companies and surveyors know.. Your " NICHES" can become many and diverse.

Roberrt Dale,

Many counties have their lists available for download right from their website in zip to excel format. You can sort all kinds of lists including out of state residential and commercial property owners...These lists would generally be under data searches on a county website. 

There is a large part of population that has zero interest in homesteading on1/4 acre lots in cookie cutter subdivisions. I made alot of money splitting a 5 acre parcel into 5-1 acre lots .They sold very quickly owner financed by me. Produced cash flow and the purchasers have all since built homes on the lots. I high five this idea greatly and if either of you come across dividable lots in NE Florida...by all means put me on your buyers lists Cheryl Bolognese, Tim Bishop. Land has been much easier way to make cash flow. There is nothing like just pushing a pen and getting cash flow. We have done rehabs and been land lords and still are..Land is alot less stressful, by far. I want parcels of dividable land to repeat what we did in the past.

Thank You Simon Shih.Is that in regards to Real Estate marketingb?

My first investment. I bought 5 acres of vacant land or 10 k. I had them all resurveyed into 5-1 acre lots and sold them all for $7500-8k each owner financed. Each purchasers down payment paid for survey and closing with a title company  and because I offered owner financing the lots sold very fast. It was the easiest $ I ever made. But the land was a perfectly dividable rectangle with even fro have wider than depth.

I didn't realize what a rare gem I had found at  the time

what is SEO ?

what is the age of the mh? Is it a DW? 

There are plenty of properties with mobile homes on owned land. 

We moved an old single wide to our 4 acre home site and built  a 3600 sq ft 2 story house on the land while living in the single wide. We built the house by barter system amongst other contractors for $60k .We later sold the mh and used the $ for carpet in the new house. There are also plenty of mh on owned land or acreage, that has concrete footers to qualify for fha financing..This is what we see often in rural Florida. .

I would agree the tax roll is generally lower.

You should go look at that real good before you purchase..

Check the plumbing real well for leaks. There was a class action some years back on a certain type of mh plumbing line that ended up leaking pretty bad.