Starting small - Posted by Billy CA
Posted by Billy CA on August 15, 2003 at 15:09:47:
Thanks for the response Doc,
I was thinking it over earlier about the amount of money I’d need, and I too think that I’d like to risk less money.
In my park, which is in a gated community, many single wides have gone to the park because of unpaid lot rent and the owners skipped out.
I was hoping to pick one up cheap, agree to pay lot rent while I find a buyer, sell, or get a thousand down and finance the buyer for the rest.
I’m in Kern County. I figured the value of my double wide by comparing the recent sales prices of other dbls. in my park, but I may be a little high on the price, pride and all. Maybe it’s worth $18,000.
What do you think of my plan? I might be able to get these old singles for maybe $500(free?)
I sure would like to figure out a way to earn a little extra money. I’m almost a licensed contractor now, so I’m very handy. I do work for my Paark Manager occasionaly so we’re on good terms.
Thanks again, Billy