RV PARKS

General Real Estate Investing
1

HELLO ALL , I HAVE RV PARKS THAT I HAVE OFFER ON IT ,STILL WAIT FOR OWNER RESPOND .LET ME KNOW WHAT YOU THINK ,SO HERE THE DEAL :
ASKING :$475.000
OFFER ; $ 350.000 .BUT I THINK WILL BUY AT $370.000
THE PARKS HAVE 70 FHU WITH WATER AND SEWER BY CITY .
.2/1 HOUSE
OFFICE WITH SHOWER AND RESTROOM .
. 2000 SQF BUILDING THAT EMPTY ,WHICH I THINK I WILL CLEAN UP AND MAKE IT A GAME ROOM OR MEETING ROOM FOR RVER .
THEY HAVE ABOUT 20 SPACE THAT RENT OUT ON MONTHLY @$250 MT.
TAX +MANTAINCE+UTILITY+ETC = $2000.
DOWN PAYMENT : $70.000
FINANCE : $ 300.000 @7% -20 YEARS=$1279 MT
SO AT GROSS RIGHT NOW $250X20 =$5000.
$5000 - $2000 ETC -1279 BANK PAYMENT =$1621 CASH FLOW + ANY SPACE I RENT IT LATER.GOAL IS REITRED WITH $10.000 CASHFLOW
ANY THING THAT I HAVE MISSED ,PLEASE POINT OUT .THANK YOU .

2

What’s “70 FHU” mean?

3

fhu mean full hook up .

4

I needs to be learn’n up on me RV park short-hand.

:biggrin

5

I’m not sure what’s being polled. I don’t understand what 10 and 15 stands for.

Can you clarify your poll.

VanDyne

6

sorry ,i don’t know what poll 10-15 mean either :help ,but when i post they ask me that ? so i just put it there .