All Forum Posts by: Michael Santopadre

@Shiloh Lundahl is there any chance the zoom event was recorded and the ability to listen to it?  I'd love to see the discussion.  

thanks, Michael

@John Fedro posts here on BP, he may be able to steer you in the right direction, he has students that are looking for exactly what you offer.  Good luck

I agree with @Hai Loc,  Ask yourself, why would you want to GIVE away equity and finance it to boot? That's your capital, use it more wisely.   They earn their fee for doing their job.  If they under preform, fire them and find someone else, simple.   This structure is costing you too much in the long run.  You are creating an IED and it WILL explode in your face.  Get a good attorney to structure the partnership agreement and spell out all contingencies, well worth the expense in the long run, have the project pay for it and protect all partners.  Think of it as a prenuptial agreement.  Divorce in a partnership can be nastier than a personal divorce, since there is so much money involved.  Good luck

Bellwether Enterprises   MJ Vukovich    This guy specializes  in MHP's   however he is a no nonsense guy he will tell you straight out if he can do the loan or not.  gruff and to the point, don't take it personally.  Good luck

Unfortunately there are bad apples in every industry.  This gives Vacation Rental owners a bad name. I have a Vacation Rental in a mountain area in Arizona and we try VERY hard to provide an exceptional product.  All 5 stars and we are coming on our 1 year anniversary. Our first guest was Thanksgiving last year.  Great investment!

@Navjot Dhaliwal I recommend you look into John Fedro's pod cast/ You Tube channel.  He advises on Mobile home investing.  He is apparently very successful and has a one on one consulting / training arm too.  LOTS of good information.  He has been on BP podcasts as well.  I'm interested in Mobile Home Parks but watch his channel to get the home knowledge, as I'll inevitably own a POH, Park Owned Home.   Many MH flippers out there making a living or using it as a stepping stone to bigger deals and a business model.  Here is one I just watched yesterday.  https://www.youtube.com/watch?v=uZQR4vNSEyg  If this gal can do it, you certainly can. @Paul Moore has VERY valid points, so be smart. 

@Paul Moore