All Forum Posts by: Terrell Simmons
Terrell Simmons has started 2 posts and replied 5 times.
Post: Live-In BRRRR in Milwaukee, WI

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HI Marty-
Congratulations on your BRRR!! This deal is fantastic!
I am living in NJ but have been considering purchasing property in Milwaukee. Do you have a brokers you would recommend working with and/or any zip codes I should look at?
Post: Interested in purchasing a owner occupied 2 Family in Newark NJ

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Hey Guys-
I am currently in the market for a 2 family in Newark, NJ. I plan to live in 1 unit and rent out the other. I want to know if anyone has recently purchased in Newark and if so what has been your experience thus far? Also, should I be targeting any specific neighborhoods that are on the rise?
All insight is welcomed!
Post: Beginner in Mobile Home Investing

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@Shawn Nachurski I am having that exact issue You described.Reaching out to people and not receiving a response. I really appreciate the info and will take your advice. Thank you to you and everyone else who has offered their input on this post. Any info helps.
Post: Beginner in Mobile Home Investing

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Thanks guys for your feedback guys, I really appreciate it. The recurring feedback seems to be to reach out to people within the industry working my areas of interest so thats what I am going to do. I have reached out to people through multiple sites such as MHVILLAGE but still have not heard back from anyone. I didn't imagine it would be this difficult to get in touch with people especially brokers.
Post: Beginner in Mobile Home Investing

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Hello-
I am very interested in investing in Mobile Homes but have very little knowledge in this field. I just finished reading " Mobile Home Wealth" by Zalman Velvel but still want/need more insight as to how things work. My initial goal is more cash flow which is why Mobile home Investing is appealing. I am hoping to buy 5-10 mobile homes within the next year. At this point I am only interested in renting them out and seller financing. My price range per home is around 5-10k. I would want to find fixer uppers & foreclosures. The states that I am most comfortable with as it stands is NC, SC, PA,DE & GA however I am open to other states.
If anyone can offer any insight as to where I should begin? Should I work with a broker or park manager? If so, where can I find them? Are there other states I should consider? Any insight that can be shared would be tremendous. I am eager to learn and soak up as much knowledge as necessary to head in the right direction.