All Forum Posts by: Kevin Steer
Kevin Steer has started 7 posts and replied 24 times.
Post: moblie home park eviction

- Houston, TX
- Posts 24
- Votes 1
Post: moblie home park eviction

- Houston, TX
- Posts 24
- Votes 1
@Paul Stout. Paul, I'm meeting with the owner of a mobile home park that would like to sell. I know the property needs to be turned around. How do you evaluate such a property to know if it is a good deal or not?
Thanks, Kevin
Post: moblie home park eviction

- Houston, TX
- Posts 24
- Votes 1
Post: moblie home park eviction

- Houston, TX
- Posts 24
- Votes 1
Post: moblie home park eviction

- Houston, TX
- Posts 24
- Votes 1
I'm not an expert by any measure, but I would think it would depend on the property. For example; if the roof needs to be replaced in 5 years your cap ex % would be higher than if the roof was new and had a 20-25 year life span. So if everything is new you should have longer to save for cap ex versus having to save a lot in a short time if everything needs to be replaced soon.
thanks Billy!
I just did my first bulk mailing last week. I had 1000 post cards sent out. I used yellow letters.com . I haven't made any deals yet but I'm going to keep doing it. Make sure you have a plan in place to handle a lot of calls, 7000 is a lot of mail.
What type should you do? I think that would depend on your budget. Post cards are cheaper but from what I understand yellow letters have a higher response rate. I started with post cards and next month I'll send out yellow letters then the next month zip letters. Good luck!
Hi all, I'm looking for a investor friendly real estate agent in the deer park, pasadena , La porte tx area
Thank you Asim