All Forum Posts by: John Hovanec

Marc Biviano he said the properties are park owned.

@anthony Dooley Thanks for the info. Should I be worried about the homes being from the 70’s. I know I would be able to move some newer ones in but that’s also more money. I’m new to the mobile home parks and just seems high 6 livable homes for 200k. I could make $3000/month without any more money inputted. I probably couldn’t find a bank for a loan on that old of properties. So I would have to use a private investor but would I be able to refi out of it? Thanks for any more info.

I found out a few more details about the mobile home park. It’s a 10 home park. Most of them are 1970s mobile homes. 3 need to be removed. One person needs to be evicted. 5 homes paying 480-500/month. After hearing the details I’m pretty he’s asking too much. He wants 200k.

Hello South Carolina, Glad to see sc on bigger pockets. Anyone investing in the upstate sc? I’ve flipped a few and have a few rentals. Looking for some more. Like to meet up with some other re investors.

Hello bp, I’m new to the mobile home park investors group. I’ve flipped some sf properties and have a few rentals. I came across a mobile home park and was wondering how to figure out if it’s a good deal. I don’t have all the details yet but wanted to see if anyone can point me in the right direction. Thanks again.

Matt Friede UCREIA has there monthly meeting Monday night at embassy suite on Verdae. It opens at 6 to meet new people and meeting starts at 7. Great place to meet people in real estate and learn some new stuff. Let me know if you would like to go, I’ll meet you out there.

Matt Friede welcome to Greenville. The upstate is a great area. I have flipped a few houses in piedmont area. Working on a rental or 2 now. Jonathan, if you could include me on that meet up. Would love to meet up with some other investors.

@Gabriel DeVita you can find some in Easley but piedmont/powdersville is slim too. What price range are you looking at? 

Hey Chris. Welcome to bp. Glad to see another person from sc here. I live in piedmont just outside of Greenville so I’m not too far from you. We do have a pretty good reia here in the upstate. Google upstate criea. They met at the embassy suite off Verdae every 3 Monday evening. There’s also one in Spartanburg too. Haven’t ever been to that one and wasn’t sure which would be closer for you. I haven’t worked up to multi family properties yet but if I can help with anything let me know.

My 2 cents is it’s up to you. Everyone’s answer is what works for them. If you can handle an older car with less payment/insurance but maybe down for a day or 2 for maintenance verses a newer car higher payment/insurance probably less downtime for maintenance, it’s all up to you. I go for a little newer but able to pay cash for but that’s me. Good luck.