Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Charles Poindexter

Charles Poindexter has started 2 posts and replied 5 times.

Post: Mobile Home renovate, replace or build new structure?

Charles PoindexterPosted
  • Four Corners Florida
  • Posts 5
  • Votes 3

You could owner finance it to someone as a fixer upper or handyman special. Let the new owners clean it up and fix it up. People who cannot get traditional financing are willing to do the work in such cases. Google John Fedro

Jay Hinrichs, Thank you. I appreciate your response. 

Scott Mac The house is vacant. No one will answer the door.

I'm looking at a FSBO mobile home which has a For Sale sign in the window but no phone number on the sign. Also I noticed a tag from the Post Office attached to the front door stating there is a certified letter which the Post Office tried to deliver. Certified letter seldom bring good news. The letter was from the mobile home park management. It is my belief that the park is starting eviction proceedings. I talked to the park manager and was told that they believed the home was turned over to the bank. The park manager says they don't know which bank has the home now. I've traced the previous owner but cannot establish contact to find out which bank has the property.

My question is how do I find out who owns the property?

Post: New to Bigger Pockets

Charles PoindexterPosted
  • Four Corners Florida
  • Posts 5
  • Votes 3

Thank you everyone for the warm welcome. I appreciate it.

I'm looking forward to reading, watching, listening and learning about investing in real estate. I believe I have found exactly the right place to do just that.

Post: New to Bigger Pockets

Charles PoindexterPosted
  • Four Corners Florida
  • Posts 5
  • Votes 3

Greetings and salutations everyone. Just moved to the Orlando area recently from Tennessee. I'm an old guy living on a comfortable retirement. My son got into real estate 3 years ago and I became fascinated with the idea of investing through conversations with him.

I owned 2 rental houses many years ago but I did not understand property management so I sold them and got out. I have also bought houses, lived in them and fixed them up and sold them at what I consider to be a good profit. My last house that I bought in Tennessee I paid $70K for it, It was distressed and had been foreclosed on. I put another $72K into it, lived there for 7 years and sold it for $300K

I bought my first house when I was 19 years old. It was long before the due on sale clause came into effect so I assumed the seller's bank loan and they took a second on their equity. That transaction established  my credit rating and my credit has been excellent ever since.

I have been reading books, listening to podcasts, watching videos and trying to become educated about real estate investing. I wish I had all this information years ago when I had my rental houses. Hind sight is 20/20