Google or Linkedin, find Developers 2.

I would love to get into development.

The “key” elements of the transaction are explored first and usually, the most intensively.The buyer should provide the seller a comprehensive disclosure statement and include a term in the purchase agreement that obligates the seller to return the document within 5 days of acceptance.Professionals are hired to complete Phase 1, 2 & 3 reports that identify potential or existing environmental contamination and all other elements of elements that are difficult for the buyer to effectively evaluate.Financial Checklist3 years profit & loss statementsRent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 years3 years of tax returns12 months of bank statementsCurrent accounts receivable statementList of park owned home including copies of “rent to own” or sales contractsCopy of all current insurance policies, binders and premiumsSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc…For all utilities and charge backs, formulas, calculations and meter readings for the past 12 months3 years of utility billsProperty tax bills for the last 2-3 yearsCurrent staffing list including position, wages, job descriptionsCopies of any contracts that will transfer to buyer including laundry, trash, phone, equipment, etc…Dates and amounts of the last 3 rent increasesSigned rules and leases for each residentNames and contact information of professional service providers including lawyers, accountants, engineers, insurance brokers, inspectors, appraisers, realtors/brokers, etc…Physical ChecklistSpreadsheet for utilities that details age, composition, capacity, physical locations, etc…Any drawings or maps of the park and infrastructure including lot sizesSewer plant or septic system repair and maintenance recordsWater well tests and compliance recordsDisclosure from seller of current or recent problems with infrastructure including buildings, water, sewer/septic, gas, electric, etc…Names and contact information of contractors including plumbers, tree surgeons, electricians, gas inspectors, septic companies, roto-rooter services, etc…Locale ChecklistProfile local housing market:“Stick-built” – current foreclosure rate, months of available inventory, median home price, average rent per month, vacancy rateApartments – average rent per month, vacancy rate, prevalence of move-in specials…MHPs Comps – average monthly charges (rent, utilities, etc…), vacancy rate, # of homes for sale, etc…Profile local economy including population, major employers, unemployment rate and trendsCopies of city, county and state permits, licenses or certificates of occupancyCheck zoning for recent or pending changes to target property and adjacent parcelsCheck for known environmental issues with target property, adjacent parcels or in the communityCheck for major development or construction projects in the communityReview existing surveys or environmental reportsConsider geographic factors including elevation, annual snow fall, rain fall, proximity to bodies of water, etc…Disclosure from seller of current or recent lawsuits, regulatory or compliance issues, fines, fees, etc…

Hi BiggerPockets Family,
I hope this note finds you well and safe during these times. I am a MF investor, primarily passively through the LP position, but am interested in building up a MF portfolio in the Overland...

I'd like to get into commercial development, whether residential development, multi-family, or mixed use.

Lastly, I scan the MLS daily and analyze potential deals that fit my criteria.I hope to use the systems that I’ve developed to help bring deals in an appreciating market to those that are outside the local area.

Gary helps everything make sense by reverse engineering the goal of $1M income and getting that goal chopped down to actionable and measurable steps.The E-Myth by Michael Gerber- Highly recommended no matter what type of business you’re looking to begin - RE Investing, construction, development, property management, etc. 

Unless you're looking in a more recently developed subdivision, the homes in a given area will differ slightly or greatly.When doing comps, you'll need to take into account major factors such as location, bedroom/bathroom count, square footage, lot size, and interior finishes to name a few.If a 4/2 is going for 170k, odds are the 3/1 at 180k is overpriced unless it is vastly superior from an aesthetic or acreage standpoint.

Gary helps everything make sense by reverse engineering the goal of $1M income and getting that goal chopped down to actionable and measurable steps.The E-Myth by Michael Gerber- Highly recommended no matter what type of business you’re looking to begin - RE Investing, construction, development, property management, etc.

Good evening bigger pockets,My name is Jay Richardson I am a real estate developer here in Baltimore.  looking for a Spanish-speaking contractor who does quality work, punctual, and reliable,.