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All Forum Posts by: Jena Liberty

Jena Liberty has started 6 posts and replied 15 times.

Post: Mobile Home Book Value

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

@John Bowen Is there a Kelly Blue Book for RVs and trailers? ... Although KBB doesn't valuate used RVs, there is a similar service that does. It's called NADA, or the National Automobile Dealers' Association, and they list prices and values for motorhomes, travel trailers, and even truck campers and park models. Hope this helps

Post: Mobile Home notes

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

Thank you Kevin 

I see have more homework and thank you for shedding some light on the subject. I am going to research this offer and maybe take you up on your offer of help.

Best Regards 

Jena

Post: Mobile Home notes

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

Hi Everyone,

I have an opportunity to buy one or several mobile home notes. They range from $5000 to 23,000 with an interest rate of 12% across the board. The seller is trying to raise capital for expansion. Assuming the notes I am looking at pass due diligence would I ask for a discount on the notes and if so how much? And does anyone know of any books on buying notes?

Thank you 

Post: Attorney Referral

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

Hello Everyone,
I am looking for a Real Estate Attorney for a purchase agreement on a Mobile home park in which I am iinterested. Does anyone have a referral? I live in California and the Park will be in Texas.

Post: ConnectedInvestors.com

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

Hi Everyone,

I am inquiring about the  ConnectedInvestors.com. Has anyone signed up or used the site? I would welcome any rely regarding this real estate website. 

Post: Is Crelender a scam?

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

Hi Everyone,

I was hoping someone could tell me if CRElender is a legit business. They seem to good to be true.

Their website is crelender.com

Best Regards,

Jena

Post: Which comes first financing or securing property?

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

Thank you Rich for your reply.  I'm kinda stuck on the little park vs large park thing. I can buy a small park or finance a big one and it seems the numbers run about the same when you factor in debt service. The first park is the scary one.

Post: Which comes first financing or securing property?

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

Hi John, my plan is to buy mobile home parks. This as an investor makes the most sense to me. 

Thank you for your post.

Regards,

Jena

Post: Which comes first financing or securing property?

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

Thank you for your post  Rich, I live in California for now so that's not doable. However I like the small park idea too. Do you think you make more cash flow out of those two parks one park?

Regards, Jena

Post: Which comes first financing or securing property?

Jena LibertyPosted
  • Santa Clarita, CA
  • Posts 15
  • Votes 5

Thank you Both for your suggestions. @JefferyH. I will look at that DDM.