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How can i start a mobile home park little by little? |
i have really been thinking about this and know alot of people who got into big time real estate investing starting this way, but are not offering any advice.it just seems simple.buy a peice of land, purchase a couple used trailers, rent them out for 100 a week,expand as you make money.is it this easy or am i missing something? Well first you need to get it approved with the city zones and all that crap, second you will need to provide sewer and electrical hook up... You may be missing some things here. |
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You did not make a mistake! First to clarify, you can take out the "contributions" on your Roth any time you need the money without penalty and taxes. However, this is not for a down ... Man... where are you going to find a fourplex for 100-200k? Madagascar? Somalia? Sudan? Just kidding, but that's pretty "down market". Here's some tips: 1) You can get... Those places that you listed are good - and I'm glad you were able to read the fine print (for example, one of those sites will only let you trade for their low fee on Tuesdays only and twice ... I'm afraid I don't know of any. In practice, I typically try to work trades where I can treat the commission cost as an "operating expense". If I can still make a profit e... Hedge funds are not for the little guy. You need a lot of money before you can legally invest. Research mutual funds if you do not have enough money for a hedge fund. There are plenty of good o... You can usually find excellent, easy-to-understand definitions of many financial and investment terms by going to this free site, recognized by Y! A as a "Featured Knowledge Partner": ... birmingham & midshires, 5.45% ...No easy way period - you have no money so what kind of company you going to open ? you going to boss yourself around ? Where is the start up capital for supplies , opening babnk accounts, and stoc... |
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