Investing in Mobile Home Parks
We didn’t really know that much about the mobile home park itself, but decided to take the risk on the opportunity, with the understanding that we could lose it all.
We didn’t really know that much about the mobile home park itself, but decided to take the risk on the opportunity, with the understanding that we could lose it all.
In the thick of our move south in early summer, we purchased Property #6 in Oklahoma City. Property #6 will be the first time we will work directly with Kendal to renovate the place and also use a contract that follows the cost plus model.
The past few months have reminded me that you don’t need special credentials or a family history in real estate investing (REI) to be successful. What you need is to be engaged, diligent and your own advocate.
If you haven’t plugged the trigger on your first investment, the chances are that you haven’t firmed up your targets or strategies.
Refinancing a property is one of the four “R”s of the BRRRR method and can be the main accelerant in growing your investment portfolio.
After we paid the lien fees ($380), we had to wait for two weeks for our payment to make it through the red tape and for the ability to request the abandonment lien be removed from the property.
Renovating a property probably causes the most anxiety when investing in real estate. A lot rides on the results.
Kimberly Kesterke’s real estate investing journey emerged from circumstance and self-education.
Kendal James, an Oklahoma City real estate agent, started a business with his wife and another couple after seeing a need to fill in his market.
In December 2020, we attempted to close on our fifth property in Oklahoma City, but the transaction came to a halt when we found out about a quiet title action on the house.
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