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Showing results 1 to 25 of 130 Search took 0.04 seconds. Search: Posts Made By: Tony Colella

Forum: Mobile Homes Forum 09-24-2012, 09:48 AM

Replies: 9 Thank You Views: 3,197 Posted By Tony Colella Thank You I feel that the time has come that I must step down as the moderator for the mobile home forum. Over the last several months I simply have been unable to put time in posting on the forum and I do not...

Forum: Mobile Homes Forum 08-19-2012, 04:43 AM

Replies: 5 need advice on old mobile - purchase Views: 1,861 Posted By Tony Colella Don't worry so much about the repairs price tag. ... Don't worry so much about the repairs price tag. There are several tactics for that, one is just asking them what they think all those repairs would cost. The key negotiating skill to practice...

Forum: Mobile Homes Forum 08-17-2012, 01:58 PM

Replies: 5 need advice on old mobile - purchase Views: 1,861 Posted By Tony Colella I suppose every area is different but this is the... I suppose every area is different but this is the kind of home most people have to give away. This is a pre-hud home for starters. It is very old and needs work. If you had done dozens of deals...

Forum: Mobile Homes Forum 07-22-2012, 05:21 PM

Replies: 3 Giving notice to everyone in MHP Views: 2,014 Posted By Tony Colella I had hoped someone from your state might reply. ... I had hoped someone from your state might reply. I cannot speak for state specifics but perhaps I can point you in the right direction. When you buy the park you are buying it subject to the...

Forum: Mobile Homes Forum 07-11-2012, 04:25 AM

Replies: 13 First Land Deal, Need Advice Views: 2,792 Posted By Tony Colella Comparing single lots to multiple (income) lots... Comparing single lots to multiple (income) lots is dangerous at best for the investor. It is a standard practice to not cap rate income on a single rental income stream such as a lot or home. Use...

Forum: Mobile Homes Forum 06-11-2012, 09:13 AM

Replies: 3 Section 8/Landlording Issue Views: 2,040 Posted By Tony Colella You stand a good chance that section8 will not... You stand a good chance that section8 will not pay you and inform the tenant they may/ will lose their voucher. I work with the tenant and so far all have paid over the last 10 or so years.

Forum: Mobile Homes Forum 06-09-2012, 06:35 PM

Replies: 3 Nuts and Bolts Title Question Views: 2,076 Posted By Tony Colella I suppose the answer could vary by state but for... I suppose the answer could vary by state but for the most part, unless you have a dealer's license, you are cannot transfer title from your seller directly to your buyer. Usually you would have to...

Forum: Mobile Homes Forum 06-03-2012, 03:43 PM

Replies: 4 Limit Monetary Investment Views: 2,691 Posted By Tony Colella Methods of using other people's money is pretty... Methods of using other people's money is pretty standard across the investment board. Some folks create a note and sell it or parts of it. Some use options instead of cash and the when they...

Forum: Mobile Homes Forum 06-03-2012, 03:39 PM

Replies: 2 How did the meeting go? Views: 2,419 Posted By Tony Colella The meeting went very well. It was great to see... The meeting went very well. It was great to see old friends and even make a few new ones. About 20 of us met and talked about nearly everything under the sun. There were investors of all levels,...

Forum: Mobile Homes Forum 05-15-2012, 07:37 AM

Replies: 12 I wonder Views: 2,386 Posted By Tony Colella I wonder Over the last year or so there has been a significant trend in the number of people who post vs. those who read. We still see that posts are being read hundreds of times but there are only a handful...

Forum: Mobile Homes Forum 05-13-2012, 09:30 AM

Replies: 11 MH Park purchase Views: 1,868 Posted By Tony Colella If I did not live within a few minutes of this... If I did not live within a few minutes of this property at the time of purchase I would not consider it myself. There simply isn't sufficient income to support good onsite management, pay the bills,...

Forum: Mobile Homes Forum 05-12-2012, 06:22 AM

Replies: 11 MH Park purchase Views: 1,868 Posted By Tony Colella I wouldn't expect to receive accurate numbers... I wouldn't expect to receive accurate numbers from the sellers which is why I would suggest that you first determine all the costs, not the numbers, just what the costs are such as water, sewer...

Forum: Mobile Homes Forum 05-11-2012, 09:46 AM

Replies: 11 MH Park purchase Views: 1,868 Posted By Tony Colella I hesitate to post because I don't like to... I hesitate to post because I don't like to discourage anyone but there are many red flags of concern here. The reason the seller won't disclose the tax info is because he doesn't want you to...

Forum: Mobile Homes Forum 05-09-2012, 09:55 AM

Replies: 2 Curb Appeal Views: 1,311 Posted By Tony Colella Curb Appeal I must admit that I am probably lacking in curb appeal in my small park. I always spent my time focusing on the interior upkeep and upgrades and spent little time on the exterior. The demand in...

Forum: Mobile Homes Forum 04-30-2012, 10:53 AM

Replies: 5 A Different Kool Seal Views: 2,248 Posted By Tony Colella While discussing roof the need to seal roofs with... While discussing roof the need to seal roofs with a handyman/pro I greatly respect, he mentioned that for the traditional Kool Seal he would add 1/2 a bag of play sand (like your kids might use in...

Forum: Mobile Homes Forum 04-30-2012, 08:34 AM

Replies: 5 A Different Kool Seal Views: 2,248 Posted By Tony Colella I was able to cover the entire roof of this 14x70... I was able to cover the entire roof of this 14x70 with less than 5 gallons of this product. The manufacturer suggests you to roll 2 coats on with a separation of 24 to 48 hours. They suggest you...

Forum: Mobile Homes Forum 04-30-2012, 06:06 AM

Replies: 5 A Different Kool Seal Views: 2,248 Posted By Tony Colella It is a real thick latex. Easy on the user, easy... It is a real thick latex. Easy on the user, easy to clean up, no odor.

Forum: Mobile Homes Forum 04-28-2012, 06:12 PM

Replies: 5 A Different Kool Seal Views: 2,248 Posted By Tony Colella A Different Kool Seal In my area the silver colored "cool seal" is the most often used color for coating the roofs of mobile homes. "kool Seal" is actually a brand name and not necessarily the one I have used. I...

Forum: Mobile Homes Forum 04-10-2012, 06:44 AM

Replies: 7 Foundations Views: 1,499 Posted By Tony Colella This is one case where I do not see the... This is one case where I do not see the maintenance benefits necessarily justifying the initial costs. Sure it is nice to slide in on concrete instead of laying on dirt, stone or plastic but to...

Forum: Mobile Homes Forum 04-05-2012, 04:30 PM

Replies: 1 Making Real Money Views: 1,037 Posted By Tony Colella Bernd, Thanks for the article and thanks for... Bernd, Thanks for the article and thanks for all the thought provoking posts. Tony

Forum: Mobile Homes Forum 03-25-2012, 09:55 AM

Replies: 8 Time to Buy or Time to Sell ? Views: 2,736 Posted By Tony Colella Excellent string of posts Bernd, thank you. ... Excellent string of posts Bernd, thank you. In some areas I can absolutely see the reasoning behind buying positive cash flow properties as the prices and rents justify doing so. I have seen...

Forum: Mobile Homes Forum 03-25-2012, 09:41 AM

Replies: 4 Mobile Home Mouse Trap Views: 1,429 Posted By Tony Colella Hey Ben, Can you shoot me your email address... Hey Ben, Can you shoot me your email address to mobileswithland@yahoo.com Thanks, Tony

Forum: Mobile Homes Forum 03-20-2012, 06:32 PM

Replies: 3 Why are we not all Wealthy ? Views: 1,110 Posted By Tony Colella This post reminds me that it is our own thinking... This post reminds me that it is our own thinking that limits our ability to attain goals be they material or otherwise. In Bernd's post we can see that our thinking can create wealth craters or...

Forum: Mobile Homes Forum 03-20-2012, 06:26 PM

Replies: 4 Mobile Home Mouse Trap Views: 1,429 Posted By Tony Colella Mobile Home Mouse Trap Over the years of posting here at CRE, I have focused primarily on problem solving the issues associated with a small, "one man show" type portfolio. I still believe in this model. I continue to...

Forum: Mobile Homes Forum 03-11-2012, 08:02 PM

Replies: 2 There is no End to the Learning Curve Views: 924 Posted By Tony Colella I don't see this is a downside at all. A... I don't see this is a downside at all. A faucet running water onto any floor will destroy the subfloor. Tearing up old carpet and soaked padding to repair the subfloor would most likely required...

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