The 3 Types of Mobile Home Sellers (Inside Parks)

The 3 Types of Mobile Home Sellers (Inside Parks)My real estate investing business changed forever when I began to see my sellers for what they really are; fragile, scared, vulnerable, friendly, and selfish human beings. As young children we rarely look to our parents with the attitude that these people are just as screwed up as ourselves. Perhaps a better way to phrase this would be to step outside the relationship that we typically have with mobile home and traditional real estate sellers, and … [Read more...]

Why You Must be Versatile as an Investor and Have Many Strategy Options

Why You Must be Versatile as an Investor and Have Many Strategy OptionsIn order to be successful you have to know how to close multiple types of deals. You have to know how to wholesale, you have to know lease options and also subject-to’s. You also need to be smart enough to figure out what type of deal applies to each type of selling situation.For instance, when the market was hot, it was a lot more difficult to get a landlord to do a subject-to. Landlords would do lease options but they … [Read more...]

Deeds

Deed type is often a neglected negotiation point in transactional real estate, somewhere far after purchase price and the target closing date, but slightly before whether email notification is acceptable.  But the type of deed you receive from your seller can provide meaningful and long-lasting peace of mind (or angst) about the quality of title that you hold to your property. Understanding the WarrantiesAt their most basic, deed warranties obligate the seller to defend the buyer (read: … [Read more...]