All Forum Posts by: Jason Wiles

Looking for some advice.

I am looking into a 5 trailer mobile home deal.

Rent: approx. $300

PP: 40,000

The big issue is that the property is not zoned as Residential Single Family only. The town is growing rapidly and the city is attempting to get rid of all the trailer parks. They have past numberous ordinances against them. I have talked to the city and they will not even consider rezoning and will not allow any new trailers to go onto the property. I am afraid that if i do buy it, the city will come back in a short time and tell me that i have to remove the trailers. Any advice is appreciated.

@Anthony Bostic @Andre Elston 

Scott Smith is a great attorney here in augusta, Just make sure you tell him I sent you. Are you both going to be at the Augusta REIA Christmas meeting Thursday?

Bill, first off thank you for your response and insight. And to answer your questions, I don't have a mentor so to speak, but I do have a good network of guys and gals asssisting me. My contractors are very experience as I got references from fellow investors. I do have some "skin" to put in. I feel that I have a strong team and the wil power and willingness to learn to get everything I need done.

Again thanks for the insight to how lenders will look at me.

I just recently joined the augusta REIA, which is a branch off of the GAREIA.

Apologies, Joshua, that was more of a joke than anything.