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All Forum Posts by: Mike Reynolds

Mike Reynolds has started 31 posts and replied 2029 times.

Post: RV Park Spacing

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @William Holland:

Who all has ever acquired a property and built an RV park?

What are some of the lessons learned and things to watch out for in that process?

What is the typical cost of septic/space? How many spaces per acre can be accommodated, and how much space does a single RV spot take up typically?


These questions are hard to answer without knowing more info. Our company is building a few and they are running about 50k per space. These are resort type though and probably the outer edges of cost for most parks. 

Septic will depend on your state and local codes. Size of lots will also. I'm finding most newer parks are making the spaces larger than the older parks.  People just don't want to be cramped up when on vacation or working remotely. 
 

Post: Doing a remodel on a property

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @Gabriel Morales:

Thank you for the advice, I was leaning towards pine because it is cheaper. I am located in Texas and this is my second rental property. The goal is to have 4 or 5 rental properties but first have to do a complete brrrr to this house. 


Something elsE you could do to bring the cost down. This time of year it goes on sale. Go find the absolute cheapest cedar fencing you can find and get the price in writing. Then go down to Lowe’s and get them to cut the price by 10 percent. They offer that deal on anything. But you need to do it quick. It won’t be on sale in April. 

I know a fencing contractor that does this every year  and makes Lowe’s send him a tractor trailer load of it for the year. 
 

Post: Looking for Investors in Austin, TX

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @Adelina Miller:
Quote from @Mike Reynolds:
Quote from @Adelina Miller:
I have exclusive off-market listings in Austin and surrounding areas that are 20-30% below market value. Call me, let's make your investing dreams come true!!


Fix, flip, sweat equity, fsbo, airbnb, rental, fixer, handyman, investor, investment, equity, cash, brrrr, hard money, off market, off-market, lenders, fixer upper, investing, for sale, buy and hold, fix and flip, contractor, real estate, deal, estate, probate, cheap, Moving, Moved, Probate, Inherited, tear down, fire damaged, abandoned, very motivated, distressed, divorce, bankruptcy, fire, sale

TEXT OR CALL 513-444-85.zero.seven


 I’m also looking for a mobile home park or an RV park. 


 Can you text me? I am currently working on some land that would make a perfect MH/ RV park


 I sent you a message on Thursday I think. Is that the right number?

Post: Looking for Investors in Austin, TX

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @Jordan Moorhead:

@Adelina Miller I'm looking for a mobile home park in Central Texas if you find one!


 We should get together for lunch one day. You and I seem to want the same thing in the same area. Maybe we could help each other. I’m staying in Bastrop at the moment. 

Post: Looking for Investors in Austin, TX

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @Adelina Miller:
I have exclusive off-market listings in Austin and surrounding areas that are 20-30% below market value. Call me, let's make your investing dreams come true!!


Fix, flip, sweat equity, fsbo, airbnb, rental, fixer, handyman, investor, investment, equity, cash, brrrr, hard money, off market, off-market, lenders, fixer upper, investing, for sale, buy and hold, fix and flip, contractor, real estate, deal, estate, probate, cheap, Moving, Moved, Probate, Inherited, tear down, fire damaged, abandoned, very motivated, distressed, divorce, bankruptcy, fire, sale

TEXT OR CALL 513-444-85.zero.seven


 I’m also looking for a mobile home park or an RV park. 

Post: Texas hill country

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @Jon Haberland:

Hey there!

New investor looking into market data and trends of the Texas hill country, while beautiful there are a lot of small markets that really aren't more than 30 mins from each other in almost a triangle. You have New Braunfels, Canyon Lake, Wimberley and much more muddled in between those listed. New Braunfels is definitely the most appealing but very much a stringent market for STR, although i did hear that there is a lawsuit in the 5th circuit pending a decision that may change the STR market in a major way. Is it better to search through Austin or San Antonio forums? This area is definitely in the middle of those and close to San Marcos. While I'm aware this isn't quite "untapped" territory it could rise like a rocket ship over the next 10 years looking at the trends that Austin/San Antonio could turn into a major Metroplex to the likes of Dallas/Ft Worth. Any and all info and data would be appreciated. I prefer the smaller market that's a drivable getaway from the big cities. Thank you in advance.


 It appears you are looking at STRs. Have you thought about Bastrop on the river? It’s not New Braunfels but it is a nice area that should appreciate very nicely. 

Post: Tiny Home Development

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @Pete Harper:

My wife and I have been investigating developing a tiny home village in Central Texas.  We are looking at a 15 acre parcel of land with an existing mobile home.  The site is in the unincorporated county.  No zoning issues.  The only permit requirement is for sewage treatment.  The site already has power and city water.  We would put in a shared septic system, gravel roads, gravel pad, stub out water and electrical connections.  Nothing too fancy.

 Has anyone done a similar development?  I'm looking for estimates on development costs so I can do a rough financial analysis.  I've looked at similar developments in the county and they are getting $400/month sight rental.  We have a large demand for affordable housing.  I've watched a similar development fill up within the last year.  

Thanks, Pete


 I would go to that development that filled up and and ask a lot of questions. I’m working in central Texas right now. If I can help in any way, let me know. 

Post: RV Park / Mobile Home Broker

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @Reid Richardson:

Hello,

I am currently a mobile home park / RV park broker in Dallas, TX.

I see many folks are interested in learning about the industry and I would love to help out in any way I can. If anyone has questions, stories, or advice they would like to share, feel free to respond below.

I’m interested in buying one or the other. I have 2 MHPs now but want to get into Rv parks also. 

Post: New Member - RV Park / MH Park Broker

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @Reid Richardson:

Hello,

I am currently a RV park and mobile home park broker in Dallas, TX. On top of this industry, I am looking to get into cash-flowing rental properties as well as development for these parks.


 I’m looking as well. 

Post: Hello from Texas

Mike Reynolds
Posted
  • construction
  • Nacogdoches, TX
  • Posts 2,091
  • Votes 1,164
Quote from @Stacy Tsai:

My husband and I started bran new business seeking to begin flipping SF properties in the Houston area. We currently both have a day job: he as a firefighter with the City of Austin and myself in the civil engineering (transportation) industry. To be honest, we don't know exactly what we're doing (we have some, but limited experience), other then sensing God is leading us into the REI arena, and now we have set sail on this new journey to learn and flip homes (or land). Looking forward to make connections with the many wonderful individuals in this community!

 Welcome to BP. There is a meetup on Feb 6 in Austin. Google Texas Wealth network and get your free ticket. It can’t hurt to start there.