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All Forum Posts by: Kevin Mason

Kevin Mason has started 4 posts and replied 7 times.

Mobile Home Park Investing

Post: Mobile Home University

Kevin MasonPosted
  • Posts 7
  • Votes 1

I'm considering buying the training course.  Is the training material books or pdf's?

0 Votes
Buying & Selling Real Estate

Post: Max interest on a land contract?

Kevin MasonPosted
  • Posts 7
  • Votes 1

Who’s that?

0 Votes
Buying & Selling Real Estate

Post: Max interest on a land contract?

Kevin MasonPosted
  • Posts 7
  • Votes 1

My uncle is selling me a property worth $100,000 for $60,000. The terms are $24,000 down, $1000/mo for 36 months. 0% interest.

He suggested putting down a purchase price of $45,000 and with 20% for 3 years, comes out to about $60,000 total.  It would be nice to write the interest off, but I don’t want to go beyond usury rates.  I can’t seem to find the info as it pertains to real estate.  Anybody know if 20% is too high in Ohio?  Thanks!

1 Vote
Buying & Selling Real Estate

Post: Seller financing question

Kevin MasonPosted
  • Posts 7
  • Votes 1

I want to buy a seller financed property. What’s the maximum interest rate that can be charged? I’m in Ohio. Thanks!

0 Votes
General Landlording & Rental Properties

Post: Background check form

Kevin MasonPosted
  • Posts 7
  • Votes 1

Maybe I overlooked it, but do we have a background check authorization form that the prospective tenant signs to allow us to do a background check?

0 Votes
Starting Out

Post: Got $30,000 to invest. Where should I start?

Kevin MasonPosted
  • Posts 7
  • Votes 1

I have a Solo 401(k) that has just under $35k and I'm trying to get some ideas on the best way to invest it within RE. REIT's? Buy inexpensive property? I have a good working knowledge of the business, but no investment purchases. What do you guys suggest?

0 Votes