All Forum Posts by: Timothy Bose

Investment Info:

Mobile home fix & flip investment.

Purchase price: $13,319
Cash invested: $13,319
Sale price: $15,000

Keep paddling, I can still hear the banjos!

What made you interested in investing in this type of deal?

3-5 yrs / ebita
Cash vs. Terms

How did you find this deal and how did you negotiate it?

How to value mobile home courts?

How did you finance this deal?

Owner Finance / Cash Offer

How did you add value to the deal?

Soft Touch

What was the outcome?

Renovations + Improvements - Rent Increase

Lessons learned? Challenges?

It all goes down in the dm's

hey, good to know about marketplace!

I am going to check out a for sale by owner this evening after work. looks like it will need a new roof and a remodel, something I would call a Contractor Special.

seller won't start packing until he gets cash in hand I reckon.

for sure//

healthy economy is nice!! my area has been dependent on coal since the 70's not sure what new residents will do for work. 

then of course many people that grow up in the rural-ness can't wait to get out to the vibrant economies.

Hear that.

seems like alot of cash buyers that could easily afford it in summer of 2020.

running out of inventory = increasing property values

lots of space for more though... probably even enough water near the mountains 

anyone else's markets behaving radically during a Pandemic?

Heck,

Wyoming is one big town with long streets.

if you are interested in:

Worland, Lovell, Gillette, Greybull, Add me too.

it makes a good weekend hobby for me to research and scoop up FSBO off market properties.

plus a little outdoor recreation on the side along the Big Horn mountain range.