from scrabble, but people at the dealership where I am currently consulting have decided they need to teach me to speak Southern! I am somewhat of an enigma to them - a mountain girl who is a Yankee to boot, but coming here from Florida…
Jim has already bought one home to move in. It is a repo from a bank in Oklahoma, 16 x 80. It needs work, but we are not afraid to tackle that. He bought it for $7,500 because it does not have an air conditioner - which we just happen to have for it. Our mover has a home to look at for us as well - we brought two doubles in last fall that he found. Jim is also looking at Greentree repos and we are watching the papers. Real Estate agents up here are listing them as well, so we may pick up some that way. For some reason we have found the repo homes in the southwest part of the state to be in REALLY bad condition. (Jim looked at lots of them last month from the Greentree list.)
It looks like we will end up paying about $12,000 for Greentree homes. They only put out an Alabama list once a month, so the new list comes out next week. We have still been unable to find a handyman, even with several weeks of advertising for one, so Jim is now teaching a young guy who recently bought a home in the park. So far he has basically been doing all the rehab work himself. This works better with me here than when I was in Florida, because he just could not do it all. (Rehab, manage, pay bills, etc.)
We skirt the homes ourselves. It costs us about $400 for the skirting from a local mobile home sales company. We were actually blown away by the posts on CRE that said people were paying around $900 to skirt homes! We can do it, working together, in about a half day. $500 is a pretty nice amount to earn for a day’s work! Going rate in this area is about $150.
Sometimes the blogs are a little hard to write - you are just living, and it just seems day-to-day. It is hard to believe that what has become the norm to us is good reading to someone else! With that said, I will get a new blog for this weekend - promise!