Posted by JHyre in Ohio on April 14, 1999 at 20:58:49:
Close enough to Findlay…count me in.
Thanks Lonnie, and all the other helpful folks here for this 1st deal - Posted by Jeff Porter
Posted by Jeff Porter on April 13, 1999 at 23:40:04:
I Just bought my first MH Monday this week. Ran one of those WILL FINANCE ads, got 12 calls and sold it to the first one I showed it to on Tuesday. (It was for sale for a couple of months at 4999 then 3999), a 1968 Namco Piggy Back 3 bd 1/12 bath (a little old, the upstairs floor even needs replaced but it worked). Just waiting on Park Manager to approve the folks. Heres how it went.
Bought it for $2250, paid sales tax and one month lot rent and misc charges, I have a grand total of $2600 in it.
Sold for $6500, 600 down, will have a note for $5900, 12.75%, 36 months. I don’t have a financial calulator yet but I figure this is probably “good enough”. What does it figure out to be calculator wizards?
Thanks a million and happy deals,
Jeff Porter (in Ohio)
Re: Thanks Lonnie, and all the other helpful folks here for this 1st deal - Posted by Barbara (ME)
Posted by Barbara (ME) on April 14, 1999 at 18:33:51:
Welcome to the greatest business in the world! Doesn’t it feel great??
Barbara (ME)
1st deal - Posted by paul OK
Posted by paul OK on April 14, 1999 at 12:27:27:
ain’t it cool! congratulations
Jeff, Where in OH are you? - Posted by JHyre in Ohio
Posted by JHyre in Ohio on April 14, 1999 at 10:02:30:
nt
Re: Thanks Lonnie, and all the other helpful folks here for this 1st deal - Posted by Lonnie
Posted by Lonnie on April 14, 1999 at 08:18:24:
Hi Jeff,
Congratulations! Now do another deal before you find out you can?t do it.
Best wishes,
Lonnie
Re: Thanks Lonnie, and all the other helpful folks here for this 1st deal - Posted by Dan (NC)
Posted by Dan (NC) on April 14, 1999 at 07:46:33:
114%. Congratulations! Now send the buyer and park manager a small fruit basket and go do it again!
Re: Jeff, Where in OH are you? - Posted by Jeff Porter
Posted by Jeff Porter on April 14, 1999 at 10:47:29:
Hi JHyre,
I’m in the Canton area. How about you?
Jeff
Re: Where in OH are you? - Posted by Tony C
Posted by Tony C on April 14, 1999 at 19:23:59:
Columbus here…think we all should get together in say Mansfield sometime, and do the “beer thing”
Re: Where in OH are you? - Posted by Jeff Porter
Posted by Jeff Porter on April 14, 1999 at 21:27:24:
Do they have coffee or coke there? Do you do MHs in Columbus?
Jeff