(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a way to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
Video Link
This is a quick video on painting a mobile home (exterior). When painting a mobile home, it's best to first make sure the home is clean from all dirt and debris - pressure washing is a good method to use.
If the outside of a mobile home looks a bit worn out and the paint is fading, you may want to look into the possibility of painting it to gain better curb side appeal. I've seen many mobile homes that have looked a bit faded and worn out, but after a good paint job have looked in tip top shape.
Personally, I've never had to paint a mobile home. Most of the homes I buy already have curbside appeal. Though, there have been some that have required some light touchup work on the outside. All in all, curbside appeal is very important. If the exterior does not look good, most folks will pass on through and not even bother to look at the interior.
The Last Finishing Touch to Painting a Mobile Home
Video Link
I hope you have enjoyed this "Terminology Tuesday" video. Happy investing!
p.s. Feel free to leave comments on any post either here and/or my Facebook Page. Comments are always welcome, thanks for reading!
Showing posts with label mobile home repair. Show all posts
Showing posts with label mobile home repair. Show all posts
Tuesday, August 10, 2010
Tuesday, May 11, 2010
Terminology Tuesday - Deck
(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a way to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
Video Link
As defined in Wikipedia:
"A deck is a flat surface capable of supporting weight, similar to a floor, but typically constructed outdoors, often elevated from the ground, and usually connected to a building. The deck of a house is generally a wooden platform built above the ground and connected to the main building. It is generally enclosed by a railing for safety. Access may be from the house through doors and from the ground via a stairway. Residential decks can be constructed over steep areas or rough ground that is otherwise unusable. Decks can also be covered by a canopy or pergola to control sunlight. "
Definition Link
In general, mobile homes usually have decks attached to them in order to gain entrance to the home by the use of stairs. Most mobile home parks require both a deck and a porch (or back stairs) to the front entrance and back entrance of the home respectively.
Each park will have certain specifications as to the dimensions of mobile home decks and requirements. Most will require safety features such as railings and specific materials used.
Personally, I encounter more involvement with mobile home decks when I am dealing with a mobile home move. In these cases, sometimes the owner will want to keep their deck and/or porch. Or, the mover will not move the deck and/or porch. So, I've had to be more involved with decks in these type of cases.
In one case, I got lucky. The park manager had saved a deck for me. So, I was able to save costs that way and not have to look for a deck or have one built on site.
If a deck is needed, usually one will need to be built on site by a professional carpenter. Right now, I'm in negotiations with a bank regarding an abandoned home they took back where the prior owners took the deck as well as the back porch (not to mention the skirting and air conditioning condenser unit).
Here's a pic of the home:
No Deck
No Back Porch or Back Steps
If you do find the need to build a deck, it's best to look around at the homes in the neighborhood. For this deal, I took a few pics of the homes in the neighborhood and their decks to give me an idea of what I wanted.
Home next door
Home across the street
(Note: If you're doing business in a mobile home park, make sure you check with the park manager as to the specifications and requirements of decks and/or back porches/steps needed in the park. Last thing you want to do is build a deck with the wrong specifications and/or requirements).
As it turns out, my carpenter told me it would take about one week to build both the deck and the back porch steps. This would need to be built on site.
If you'd like to read more about the process of building decks, check out this article "How to Build a Deck in Front of a Mobile Home."
Happy investing!
p.s. Feel free to leave comments on any post either here and/or my Facebook Page. Comments are always welcome, thanks for reading!
Video Link
As defined in Wikipedia:
"A deck is a flat surface capable of supporting weight, similar to a floor, but typically constructed outdoors, often elevated from the ground, and usually connected to a building. The deck of a house is generally a wooden platform built above the ground and connected to the main building. It is generally enclosed by a railing for safety. Access may be from the house through doors and from the ground via a stairway. Residential decks can be constructed over steep areas or rough ground that is otherwise unusable. Decks can also be covered by a canopy or pergola to control sunlight. "
Definition Link
In general, mobile homes usually have decks attached to them in order to gain entrance to the home by the use of stairs. Most mobile home parks require both a deck and a porch (or back stairs) to the front entrance and back entrance of the home respectively.
Each park will have certain specifications as to the dimensions of mobile home decks and requirements. Most will require safety features such as railings and specific materials used.
Personally, I encounter more involvement with mobile home decks when I am dealing with a mobile home move. In these cases, sometimes the owner will want to keep their deck and/or porch. Or, the mover will not move the deck and/or porch. So, I've had to be more involved with decks in these type of cases.
In one case, I got lucky. The park manager had saved a deck for me. So, I was able to save costs that way and not have to look for a deck or have one built on site.
If a deck is needed, usually one will need to be built on site by a professional carpenter. Right now, I'm in negotiations with a bank regarding an abandoned home they took back where the prior owners took the deck as well as the back porch (not to mention the skirting and air conditioning condenser unit).
Here's a pic of the home:
No Deck
No Back Porch or Back Steps
If you do find the need to build a deck, it's best to look around at the homes in the neighborhood. For this deal, I took a few pics of the homes in the neighborhood and their decks to give me an idea of what I wanted.
Home next door
Home across the street
(Note: If you're doing business in a mobile home park, make sure you check with the park manager as to the specifications and requirements of decks and/or back porches/steps needed in the park. Last thing you want to do is build a deck with the wrong specifications and/or requirements).
As it turns out, my carpenter told me it would take about one week to build both the deck and the back porch steps. This would need to be built on site.
If you'd like to read more about the process of building decks, check out this article "How to Build a Deck in Front of a Mobile Home."
Happy investing!
p.s. Feel free to leave comments on any post either here and/or my Facebook Page. Comments are always welcome, thanks for reading!
Tuesday, May 4, 2010
Terminology Tuesday - Kool Seal
(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a way to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
Video Link
As defined in eHow:
"Kool Seal is one of several reflective coatings on the market to finish or retrofit roofs increasing their thermal resistance and improving their resistance to water damage. Kool Seal comes in tow formulations, one a white elastomeric flexible finish that is painted on with a roller or compressor sprayer. The second is an aluminum based sealant that is painted on with a roofing brush and is embedded with aluminum particles. Both products are designed to be applied full strength and should not be thinned. Kool seal also makes sealing tape used to prep the roof for its reflective coat."
Source Definition Link
When going out to inspect a mobile home, it's really important to look for signs of any water damage on the outside and the inside of the home.
For damage to the outside of the home, check the siding - make sure there is proper flashing, and the roof. If the roof looks like it is deteriorating and/or rotting away, ask the seller when the last time the mobile home was property sealed.
(Note: As a general rule of thumb, mobile homes should be inspected and re-sealed every 2-3 years. However, this will vary on the type of mobile home (i.e. materials used, age of roof, etc).
Without proper sealing done to a roof, there is always a chance of water getting into the home. Over time, if the mobile home is not properly sealed water will seep into the home causing water damage. And, that is not a good thing.
Recently, I looked at a home that had not been properly sealed. The seller bought the home 5 years ago and had not done any sealing to the home whatsoever.
When I first walked into the home, I knew it had major issues due to the roof not being re-sealed. Here are a couple pics to show signs of water damage:
Living room area
(Note: Recently painted walls near the floor - visible signs of water damage).
Floor area replacement - whole area under plywood covering hole where particle board eroded
(Note: When inspecting a home, be sure to lift up everything including the carpet (if you can) to check the floor underneath).
Soft spot in floor (left corner)
Kitchen
Kitchen sink - water seepage and possible mold
Utility room - floor damage
(Note: Here there was a hole the floor - the particle board gave out. Usually, any sign of water indication of water damage will speed up the deterioration of particle board. Before, there was a hole here - the seller replaced it with a piece of plywood as seen here).
Closet - water stain
Bathroom sink - water seepage and damage to wood (left side)
Master bathroom - Foam used to stop water seepage
(Note: Any time I see this yellow foam, I always ask the seller about it. Most times, sellers will tell me (if they are being upfront and honest) it's due to a water seepage issue).
Bathroom - floor replacement due to water seepage issue
(Note: If I see a lot of areas in a home that have floor issues, I know it's going to involve a lot more money and time. Plus, it shows the home has issues and mostly probably due to water damage. One or a couple areas of a home needing floor work is ok. But, if floor work is needed in multiple areas then it becomes more involved).
Ceiling stain - inside of bedroom closet
(Note: When inspecting homes, be sure to look at the ceiling not only in the open areas (i.e. living room, bedrooms, etc) but also in the closets. Most times, if there are issues the seller does not take the time to check the closets when presenting a home to show).
Front door entrance - foam used to stop water seepage
Outside of home - no flashing and rotting wood near the top of the roof
Like a car, a mobile home needs regular maintenance. It's imperative this be done on a routine basis. Otherwise, over time it will cause issues and get worse if not properly taken care of.
Water damage is a big issue and very common in many mobile homes I've inspected. Be sure to always be on the lookout for any signs of water damage. I hope these pics help you to see the issues that can come up when inspecting mobile homes.
Happy investing!
p.s. If you'd like to read about a case study on a home that had water damage issues, you can find the post here. Thanks for reading!
Video Link
As defined in eHow:
"Kool Seal is one of several reflective coatings on the market to finish or retrofit roofs increasing their thermal resistance and improving their resistance to water damage. Kool Seal comes in tow formulations, one a white elastomeric flexible finish that is painted on with a roller or compressor sprayer. The second is an aluminum based sealant that is painted on with a roofing brush and is embedded with aluminum particles. Both products are designed to be applied full strength and should not be thinned. Kool seal also makes sealing tape used to prep the roof for its reflective coat."
Source Definition Link
When going out to inspect a mobile home, it's really important to look for signs of any water damage on the outside and the inside of the home.
For damage to the outside of the home, check the siding - make sure there is proper flashing, and the roof. If the roof looks like it is deteriorating and/or rotting away, ask the seller when the last time the mobile home was property sealed.
(Note: As a general rule of thumb, mobile homes should be inspected and re-sealed every 2-3 years. However, this will vary on the type of mobile home (i.e. materials used, age of roof, etc).
Without proper sealing done to a roof, there is always a chance of water getting into the home. Over time, if the mobile home is not properly sealed water will seep into the home causing water damage. And, that is not a good thing.
Recently, I looked at a home that had not been properly sealed. The seller bought the home 5 years ago and had not done any sealing to the home whatsoever.
When I first walked into the home, I knew it had major issues due to the roof not being re-sealed. Here are a couple pics to show signs of water damage:
Living room area
(Note: Recently painted walls near the floor - visible signs of water damage).
Floor area replacement - whole area under plywood covering hole where particle board eroded
(Note: When inspecting a home, be sure to lift up everything including the carpet (if you can) to check the floor underneath).
Soft spot in floor (left corner)
Kitchen
Kitchen sink - water seepage and possible mold
Utility room - floor damage
(Note: Here there was a hole the floor - the particle board gave out. Usually, any sign of water indication of water damage will speed up the deterioration of particle board. Before, there was a hole here - the seller replaced it with a piece of plywood as seen here).
Closet - water stain
Bathroom sink - water seepage and damage to wood (left side)
Master bathroom - Foam used to stop water seepage
(Note: Any time I see this yellow foam, I always ask the seller about it. Most times, sellers will tell me (if they are being upfront and honest) it's due to a water seepage issue).
Bathroom - floor replacement due to water seepage issue
(Note: If I see a lot of areas in a home that have floor issues, I know it's going to involve a lot more money and time. Plus, it shows the home has issues and mostly probably due to water damage. One or a couple areas of a home needing floor work is ok. But, if floor work is needed in multiple areas then it becomes more involved).
Ceiling stain - inside of bedroom closet
(Note: When inspecting homes, be sure to look at the ceiling not only in the open areas (i.e. living room, bedrooms, etc) but also in the closets. Most times, if there are issues the seller does not take the time to check the closets when presenting a home to show).
Front door entrance - foam used to stop water seepage
Outside of home - no flashing and rotting wood near the top of the roof
Like a car, a mobile home needs regular maintenance. It's imperative this be done on a routine basis. Otherwise, over time it will cause issues and get worse if not properly taken care of.
Water damage is a big issue and very common in many mobile homes I've inspected. Be sure to always be on the lookout for any signs of water damage. I hope these pics help you to see the issues that can come up when inspecting mobile homes.
Happy investing!
p.s. If you'd like to read about a case study on a home that had water damage issues, you can find the post here. Thanks for reading!
Tuesday, April 20, 2010
Terminology Tuesday - Flashing (Weatherproofing)
(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a way to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
Video Link
As defined in Wikipedia:
"Flashing refers to thin continuous pieces of sheet metal or other impervious material installed to prevent the passage of water into a structure from an angle or joint. Flashing generally operates on the principle that, for water to penetrate a joint, it must work itself upward against the force of gravity or in the case of wind-driven rain, it would have to follow a tortuous path during which the driving force will be dissipated.
Flashing may be exposed or concealed. Exposed flashing is usually of a sheet metal, such as aluminium, copper, painted galvanized steel, stainless steel, zinc alloy, terne metal, lead or lead-coated copper. Metal flashing should be provided with expansion joints on long runs to prevent deformation of the metal sheets. The selected metal should not stain or be stained by adjacent materials or react chemically with them.
Flashing can assume a number of forms:
Roof flashing is placed around discontinuities or objects which protrude from the roof of a building (such as pipes and chimneys, or the edges of other roofs) to deflect water away from seams or joints.
Wall flashing may be embedded in a wall to direct water that has penetrated the wall back outside, or it may be applied in a manner intended to prevent the entry of water into the wall. Wall flashing is typically found at interruptions in the wall, such as windows and points of structural support.
Sill flashing is a concealed flashing that is typically placed under windowsills or door thresholds to prevent water from entering a wall at those points.
Base flashing is found at the base of a wall, and usually incorporates through-wall flashing with weep holes to permit the escape of water. Base flashings may be placed at the building grade or at a point where a roof intersects a wall."
Definition Link
In my experience, the majority of cases where I've had to face "flashing" issues have been with mobile homes that have masonite hardboard siding.
The issue with these types of homes (that I've encountered) is that if it does not have proper "flashing" around the edges of the roof of the home and water is not properly directed away, water tends to trickle down the side of the home causing moisture damage. Over time, extensive moisture damage to the siding will require routine maintenance and will eventually need to be replaced.
(Note: With mobile homes with aluminum type siding, I haven't really faced any type of "flashing" issues and/or moisture issues if properly sealed).
An example where I had to deal with a "flashing" issue was my first deal.
From the front, it looks ok:
Though, with no metal flashing around the edges of the roof when it rained water would trickle down the side of the mobile home causing moisture damage to the siding.
(Note: When the moisture drys up and the sun comes out, the siding tends to crack and result in the pics below).
The solution is to add metal flashing to the edges around the roof so that moisture is drawn away from the siding and the home when it rains. If the masonite hardboard siding is too moist, it will need to be replaced.
On my first deal, I learned about flashing when it came time to evaluate. At first, I was a bit concerned about the moisture problems in the siding and the cracks.
I conferred with a couple fellow investors - some told me it may be a mold issue and to watch out, and others told me it may just be some boards needing to be replaced. Though, none of these investors informed me about a possible "flashing" issue.
I learned about "flashing" when I brought in a couple contractors to look at the home and take bids.
The first contractor (who was highly recommended by a fellow investor), told me the problem was definitely a mold issue and told me I had to re-side the entire house. Otherwise, I could have public health coming at my door. This contractor gave me a bid of 5k to re-side the entire mobile home.
(Note: Going into the deal, I already knew the market. I knew the wholesale value of the home was not more than 5k. Thing is, I had a "gut feeling" it wasn't a mold issue. Honestly, I've seen mold and this just wasn't it. Plus, the sellers (who also had a daughter and small dog) had been living in the home for 10 years with the siding issue for the past 3 years. I figured, if they could live in the home for all this time, then it wasn't likely to be a health issue).
It wasn't until I met with a couple more contractors that I learned of the "flashing issue." I must have met with 6 or 7 contractors, and as I got better at explaining the problem a couple of them pointed out the "flashing issue." So, that's how I learned - through experience.
Now, the "flashing issue" has become something I've picked up and can spot right away when going out to check out mobile homes. With each experience, I find that I learn something new. And, knowing is half the battle.
Happy investing!
p.s. Feel free to leave comments on any post either here and/or my Facebook Page. Comments are always welcome, thanks for reading!
Video Link
As defined in Wikipedia:
"Flashing refers to thin continuous pieces of sheet metal or other impervious material installed to prevent the passage of water into a structure from an angle or joint. Flashing generally operates on the principle that, for water to penetrate a joint, it must work itself upward against the force of gravity or in the case of wind-driven rain, it would have to follow a tortuous path during which the driving force will be dissipated.
Flashing may be exposed or concealed. Exposed flashing is usually of a sheet metal, such as aluminium, copper, painted galvanized steel, stainless steel, zinc alloy, terne metal, lead or lead-coated copper. Metal flashing should be provided with expansion joints on long runs to prevent deformation of the metal sheets. The selected metal should not stain or be stained by adjacent materials or react chemically with them.
Flashing can assume a number of forms:
Roof flashing is placed around discontinuities or objects which protrude from the roof of a building (such as pipes and chimneys, or the edges of other roofs) to deflect water away from seams or joints.
Wall flashing may be embedded in a wall to direct water that has penetrated the wall back outside, or it may be applied in a manner intended to prevent the entry of water into the wall. Wall flashing is typically found at interruptions in the wall, such as windows and points of structural support.
Sill flashing is a concealed flashing that is typically placed under windowsills or door thresholds to prevent water from entering a wall at those points.
Base flashing is found at the base of a wall, and usually incorporates through-wall flashing with weep holes to permit the escape of water. Base flashings may be placed at the building grade or at a point where a roof intersects a wall."
Definition Link
In my experience, the majority of cases where I've had to face "flashing" issues have been with mobile homes that have masonite hardboard siding.
The issue with these types of homes (that I've encountered) is that if it does not have proper "flashing" around the edges of the roof of the home and water is not properly directed away, water tends to trickle down the side of the home causing moisture damage. Over time, extensive moisture damage to the siding will require routine maintenance and will eventually need to be replaced.
(Note: With mobile homes with aluminum type siding, I haven't really faced any type of "flashing" issues and/or moisture issues if properly sealed).
An example where I had to deal with a "flashing" issue was my first deal.
From the front, it looks ok:
Though, with no metal flashing around the edges of the roof when it rained water would trickle down the side of the mobile home causing moisture damage to the siding.
(Note: When the moisture drys up and the sun comes out, the siding tends to crack and result in the pics below).
The solution is to add metal flashing to the edges around the roof so that moisture is drawn away from the siding and the home when it rains. If the masonite hardboard siding is too moist, it will need to be replaced.
On my first deal, I learned about flashing when it came time to evaluate. At first, I was a bit concerned about the moisture problems in the siding and the cracks.
I conferred with a couple fellow investors - some told me it may be a mold issue and to watch out, and others told me it may just be some boards needing to be replaced. Though, none of these investors informed me about a possible "flashing" issue.
I learned about "flashing" when I brought in a couple contractors to look at the home and take bids.
The first contractor (who was highly recommended by a fellow investor), told me the problem was definitely a mold issue and told me I had to re-side the entire house. Otherwise, I could have public health coming at my door. This contractor gave me a bid of 5k to re-side the entire mobile home.
(Note: Going into the deal, I already knew the market. I knew the wholesale value of the home was not more than 5k. Thing is, I had a "gut feeling" it wasn't a mold issue. Honestly, I've seen mold and this just wasn't it. Plus, the sellers (who also had a daughter and small dog) had been living in the home for 10 years with the siding issue for the past 3 years. I figured, if they could live in the home for all this time, then it wasn't likely to be a health issue).
It wasn't until I met with a couple more contractors that I learned of the "flashing issue." I must have met with 6 or 7 contractors, and as I got better at explaining the problem a couple of them pointed out the "flashing issue." So, that's how I learned - through experience.
Now, the "flashing issue" has become something I've picked up and can spot right away when going out to check out mobile homes. With each experience, I find that I learn something new. And, knowing is half the battle.
Happy investing!
p.s. Feel free to leave comments on any post either here and/or my Facebook Page. Comments are always welcome, thanks for reading!
Tuesday, April 13, 2010
Terminology Tuesday - What Is Masonite Hardboard Siding?
(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a way to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
Video Link
Most mobile homes will have 3 main different types of siding: aluminum, vinyl, and masonite hardboard siding.
Here are some pictures of mobile homes with the 3 different types of siding:
1. Mobile home with aluminum siding
(Note: One of my deals - very entertaining story. Though it was an ordeal to put together, my efforts paid off. This one is a 16x80, early 2000s model. I bought it for 8k, received 2k down and it cash flows in the $500/month range for 15 years. I really put in a lot of time and effort on this one -it was a good payday for all my hard work. After all is said and done, it's great to have another nice and relaxing cash flow payday for many years to come!)
2. Mobile home with vinyl siding
(Note: These tend to be the newer models - 2003 and up. Many new homes now are built with vinyl siding, though there are some that are still built with aluminum and masonite hardboard siding).
3. Mobile home with masonite hardboard siding.
(Note: My first deal. I bought this one for $3600, received 1k down, and it cash flows for $250 for 4.5 years. Since then, I've moved on to do more deals but this one still remains as the most important deal of all).
There you have it, 3 different types of siding used for mobile homes:aluminum, vinyl, and masonite hardboard. The pictures above should help give you a better idea of what each type looks like.
Once you go out and see enough mobile homes, you will get a better feel for the homes and what your local market has in the area.
Happy investing!
p.s. I just wanted to give a quick plug for my blog pal, Steph, at Flip This Wholesaler. For those of you who are just starting out and need to build up cash before you start investing, I highly recommend checking out her Wholesaling Q&A call this Saturday, April 17th.
(Note: I don't receive any compensation for sharing this event with you, I have to say this because of the disclaimer blogging rules).
Both me and Steph have similar styles - we both believe in education and are always willing to help others out. She doesen't hold back and is the real deal - it's definitely worthwhile to check it out. Thanks for reading!
Video Link
Most mobile homes will have 3 main different types of siding: aluminum, vinyl, and masonite hardboard siding.
Here are some pictures of mobile homes with the 3 different types of siding:
1. Mobile home with aluminum siding
(Note: One of my deals - very entertaining story. Though it was an ordeal to put together, my efforts paid off. This one is a 16x80, early 2000s model. I bought it for 8k, received 2k down and it cash flows in the $500/month range for 15 years. I really put in a lot of time and effort on this one -it was a good payday for all my hard work. After all is said and done, it's great to have another nice and relaxing cash flow payday for many years to come!)
2. Mobile home with vinyl siding
(Note: These tend to be the newer models - 2003 and up. Many new homes now are built with vinyl siding, though there are some that are still built with aluminum and masonite hardboard siding).
3. Mobile home with masonite hardboard siding.
(Note: My first deal. I bought this one for $3600, received 1k down, and it cash flows for $250 for 4.5 years. Since then, I've moved on to do more deals but this one still remains as the most important deal of all).
There you have it, 3 different types of siding used for mobile homes:aluminum, vinyl, and masonite hardboard. The pictures above should help give you a better idea of what each type looks like.
Once you go out and see enough mobile homes, you will get a better feel for the homes and what your local market has in the area.
Happy investing!
p.s. I just wanted to give a quick plug for my blog pal, Steph, at Flip This Wholesaler. For those of you who are just starting out and need to build up cash before you start investing, I highly recommend checking out her Wholesaling Q&A call this Saturday, April 17th.
(Note: I don't receive any compensation for sharing this event with you, I have to say this because of the disclaimer blogging rules).
Both me and Steph have similar styles - we both believe in education and are always willing to help others out. She doesen't hold back and is the real deal - it's definitely worthwhile to check it out. Thanks for reading!
Tuesday, August 18, 2009
Terminology Tuesday - Polybutylene Pipe (Aka "Grey Pipe")
(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a day to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
As defined in Wikipedia:
"Polybutylene is a thermoplastic Polyolefin. It is created by polymerizing butylene. It is a semi-crystalline thermoplastic, and is also known as polybutene-1. It should not be confused with polybutene, a low molecular weight oligomer with a different repeat unit.
Controversy
The suitability of polybutylene for use in plumbing is controversial. Polybutylene plumbing was used in 6 to 10 million homes built in the United States from 1970 to the mid-1990s. Problems with leaks led to a class action lawsuit, Cox vs. Shell Oil, that was settled for one billion dollars. Polybutylene plumbing is still widely used in Europe and Asia.
The material oxidised when used in hot water systems, developing longitudinal cracks which eventually punctured the walls leading to floods and damage to properties. Many acetal resin fittings also cracked, a problem caused by chlorine attack. Even the low concentration (ppm) of chlorine used in most potable water supplies for purification was enough to initiate cracking."
Definition Link
Polybutylene pipe is usually referred to as "grey pipe" because it is grey in color. The majority of mobile homes built before the year 2000 will usually tend to have it.
In my experience, most sellers I have dealt with have taken out the old grey pipe and replaced it with PVC pipe - usually white in color. However, there will be cases where "grey pipe" still exists in the mobile home.
When you go to inspect a mobile home, be sure to look under the sink - see what kind of piping they have for each room with a water supply. Run the water from the sink and test it out. Look under the sink to see if there is any leaking.
Be on the lookout for a bucket under the sink near the piping - this will signal you that there has been prior leaking. If you see "grey pipe," chances are there will be cracking and/or future cracking down the road. These are issues that will need to be addressed in negotiations.
Happy Investing!
(If you enjoyed this post and would like to read more about mobile home repair, check out these books. Enjoy!)
Tuesday, August 11, 2009
Terminology Tuesday - Mobile Home Skirting
Mobile Home Skirting is material used to cover up the exposed area of a mobile home which usually goes around the lower bottom portion of the home.
There are many different types of materials you can use to "skirt" a mobile home including vinyl, wood, cinder block, brick, fiberglass, etc. The most common material used is vinyl skirting which is usually white in color.
Most mobile home parks will require mobile homes to be fully skirted. When moving a mobile home, one of the cost considerations is purchasing new material to re-skirt the mobile home once in a new location. (If you're interested in getting an idea of what's involved when moving a mobile home, check out this video).
If you're a handy person, you could always connect with a mobile home mover in your area and purchase and/or ask for used skirting from their mobile home moves. In most cases, mobile home movers will just rip out the skirting and throw it away when getting ready to do a mobile home moving job. If you're handy with tools, you could always learn how to remove the skirting and do that part of the job for the mover in exchange for the used skirting.
Here's a video so you can see what mobile home skirting looks like and the process to keep it in tact.
(p.s. Warning: The music is a little hokey but it's a good video overall on the subject).
Happy Investing!
Video Link
There are many different types of materials you can use to "skirt" a mobile home including vinyl, wood, cinder block, brick, fiberglass, etc. The most common material used is vinyl skirting which is usually white in color.
Most mobile home parks will require mobile homes to be fully skirted. When moving a mobile home, one of the cost considerations is purchasing new material to re-skirt the mobile home once in a new location. (If you're interested in getting an idea of what's involved when moving a mobile home, check out this video).
If you're a handy person, you could always connect with a mobile home mover in your area and purchase and/or ask for used skirting from their mobile home moves. In most cases, mobile home movers will just rip out the skirting and throw it away when getting ready to do a mobile home moving job. If you're handy with tools, you could always learn how to remove the skirting and do that part of the job for the mover in exchange for the used skirting.
Here's a video so you can see what mobile home skirting looks like and the process to keep it in tact.
(p.s. Warning: The music is a little hokey but it's a good video overall on the subject).
Happy Investing!
Video Link
Tuesday, August 4, 2009
Terminology Tuesday - Mold Growth, Assessment and Remediation
(Although this home suffered only minor exterior damage from Hurricane Katrina, small leaks and inadequate air flow permitted this mold infestation). Source: Wikipedia
As defined in Wikipedia:
"Causes and Growing Conditions
Molds and fungi are found everywhere inside and outside, and can grow on almost any substance when moisture is present. Molds when they reproduce make spores, which can be carried by air currents. When these spores land on a moist surface that is suitable for life, they begin to grow.
Assessment
The first step in an assessment is to determine if mold is present. This is done by visually examining the premises. If mold is growing and visible this helps determine the level of remediation that is necessary. If mold is actively growing and is visibly confirmed the need for sampling for specific species of mold is unnecessary.
Remediation
The first step in solving an indoor mold problem is stopping the source of moisture. Next is to remove the mold growth. Common remedies for small occurrences of mold include:
-Sunlight
-Ventilation
-Non-porous building materials
-Household cleansers"
Definition Link
When going out to inspect mobile homes, mold is very common in damp areas. The key is to assess the problem - stop the moisture from the affected area(s) and remove and kill the mold. Here is a short video:
(Note: If you're ever unsure about a particular mold issue, it's best to always seek out assistance and get an opinion from a professional mold remediation company).
Video Link
(If you're undecided about going out to do mobile home inspections yourself, check out this post).
Happy Investing!
Tuesday, July 14, 2009
Terminology Tuesday - Carpet Remnants
Video Link
In one of my last posts, I mentioned the importance of comparison shopping - becoming a more informed and educated buyer.
Lately, I've been dealing with contractors regarding some recent fix-up issues. One of the things I had done recently was replace new carpet in the living room of one of the trailers. The old carpet had some really tough stains - it just didn't all come out with the carpet cleaning crew. As a result, the home didn't show well as flooring, especially when someone first walks into a home, is one of the first things people notice.
Since I was just replacing the carpet in the living room, which is a very small area, my carpet guy suggested looking for a "remnant" (aka "carpet leftovers") for the job. Usually, carpet installers and places that sell carpet will have "remnants" or carpet leftovers, after completing big jobs - these "remnants" or pieces of carpet are too small for regular carpet installation jobs. So, they will sell them (or if you're lucky - give them away) to people just looking for a piece for a smaller carpet job. Usually, they will need to sell the "remnants" quickly as to free up space - this is where you can get a pretty good deal instead of paying for a brand new piece and/or roll of carpet.
Learning where to find and spot these deals will take some time. Though, it will save you money in the end. And, the money saved will quickly add up.
Here's a video on how you can make your own carpets/rugs and where you can find carpet remnants. Check it out!
Video Link
Wednesday, July 8, 2009
Mobile Home Repair - Subfloor Repair
I've received a lot of questions regarding how to go about replacing flooring in mobile homes. Usually, most of the floors in mobile homes are made out of particle board, which usually wears down and breaks easily over time. In most cases, it's better to have a more solid type of wood as your flooring such as plywood.
As for replacing flooring in mobile homes, if there are only a few soft spots in the floor - you don't have to replace the whole thing. What you can do is pinpoint the soft spots by cutting out the damaged area(s) and replacing them with plywood - this is what's referred to as subfloor repair.
To help see how this is done, check out this video.
(If you're interested in reading and learning more about mobile home repair, I highly recommend these books).
Happy Investing!
Video Link
As for replacing flooring in mobile homes, if there are only a few soft spots in the floor - you don't have to replace the whole thing. What you can do is pinpoint the soft spots by cutting out the damaged area(s) and replacing them with plywood - this is what's referred to as subfloor repair.
To help see how this is done, check out this video.
(If you're interested in reading and learning more about mobile home repair, I highly recommend these books).
Happy Investing!
Video Link
Thursday, May 28, 2009
Top 10 Home Repair Books
If you're going to get into mobile home and/or real estate investing, it's very important to know the basics of home repair. There will be times when repairs will need to be made. Even if you decide not to do the repairs yourself and decide to hire a contractor(s), it's important to know home repair basics so you know exactly what's involved for each project. (Note: One thing about contractors, you will always want to get at least 3 opinions for each project. This way, you can get a feel for rates in your area. Also, you can always negotiate whether or not you want to provide materials and just pay for labor, or both. The choice is up to you).
Here's a list of my Top 10 Home Repair Books that have helped me. I hope it will help you, too!
1. The Manual For Manufactured/Mobile Home Repair and Upgrade
2. Energy and Repair Guide For Manufactured Housing
3. Mobile Home Repair: An Inexpensive Metal Roof You Can Install
4. Black & Decker Complete Photo Guide to Home Repair
5. Home Improvement 1-2-3: Expert Advice from The Home Depot
6. The Complete Idiot's Guide to Simple Home Repair
7. Better Homes and Gardens Big Book of Home How-To
8. Home Improvement for Dummies
9. Dare to Repair
10. How to Fix Everything For Dummies
Here's a list of my Top 10 Home Repair Books that have helped me. I hope it will help you, too!
1. The Manual For Manufactured/Mobile Home Repair and Upgrade
2. Energy and Repair Guide For Manufactured Housing
3. Mobile Home Repair: An Inexpensive Metal Roof You Can Install
4. Black & Decker Complete Photo Guide to Home Repair
5. Home Improvement 1-2-3: Expert Advice from The Home Depot
6. The Complete Idiot's Guide to Simple Home Repair
7. Better Homes and Gardens Big Book of Home How-To
8. Home Improvement for Dummies
9. Dare to Repair
10. How to Fix Everything For Dummies
Wednesday, May 13, 2009
Mobile Home Investing 101: Tip of the Week
(Note: From time to time, I'll post up mobile home investing tips to help with your mobile home investing endeavors).
Central Air Conditioning (A/C) Vs. Window Air Conditioning (A/C) Units
Most of the mobile homes I've encountered (but not all) have all had central a/c units - a big luxury for any mobile homeowner. Though, this may be rare when buying the older used mobile homes (typically 80s and older).
Most of the time, the older mobile homes will have window a/c units instead of central a/c. So, then you are faced with either keeping the old window a/c units or providing a new central a/c unit.
In my experience, it's best to keep the original infrastructure in place. The home may not be equipped to handle new technology such as a new central a/c unit. Plus, this can be very costly. In my area alone, it costs at least $1600 for a new central a/c unit to be replaced and installed. (I recommend comparing repair costs in your area - costs vary from area to area).
If you choose to keep the existing infrastructure in place, you may encounter some resistance from potential buyers. I've had people ask why there is no central a/c unit in the past. How do I handle that question?
Basically, I tell them the window a/c units may actually save them money in energy costs since most times it takes less energy to use them. Then, I explain to them that a central a/c unit may cool other parts of the home that is not being occupied and/or used thus utilizing more money in energy costs. When potential buyers hear this, most times they agree especially in these economical times when every penny counts.
(If you would like to read up more on mobile home repair, I highly recommend these books).
Happy investing!
Central Air Conditioning (A/C) Vs. Window Air Conditioning (A/C) Units
Most of the mobile homes I've encountered (but not all) have all had central a/c units - a big luxury for any mobile homeowner. Though, this may be rare when buying the older used mobile homes (typically 80s and older).
Most of the time, the older mobile homes will have window a/c units instead of central a/c. So, then you are faced with either keeping the old window a/c units or providing a new central a/c unit.
In my experience, it's best to keep the original infrastructure in place. The home may not be equipped to handle new technology such as a new central a/c unit. Plus, this can be very costly. In my area alone, it costs at least $1600 for a new central a/c unit to be replaced and installed. (I recommend comparing repair costs in your area - costs vary from area to area).
If you choose to keep the existing infrastructure in place, you may encounter some resistance from potential buyers. I've had people ask why there is no central a/c unit in the past. How do I handle that question?
Basically, I tell them the window a/c units may actually save them money in energy costs since most times it takes less energy to use them. Then, I explain to them that a central a/c unit may cool other parts of the home that is not being occupied and/or used thus utilizing more money in energy costs. When potential buyers hear this, most times they agree especially in these economical times when every penny counts.
(If you would like to read up more on mobile home repair, I highly recommend these books).
Happy investing!
Friday, May 8, 2009
Tuesday, April 21, 2009
Contractors
One of the team members I keep having to look for are contractors. Every time I find someone good and reliable, I have to always remember that I cannot depend on one person all the time. Trust me, I've learned through experience.
So, I've learned to always be on the lookout for more contractors to add to my team. Why is this? Well, sometimes people get busy. Or, even more often - just don't show up. I learned this the hard way.
Recently, I had to have an a/c unit fixed. So, I called my a/c guy. He's done really good work for me in the past - shown up every time and always does a good job. Well, this time he wasn't available for the job. So, I had to call a couple "back up" a/c people.
Guess what? Out of the 5 people I called, only 1 showed up and gave me a fair estimate over the phone. Had I not had a few back up a/c contacts, I could have been in a bind. And let me tell you, it's not the time to be networking when you really need the job done!
Also, this happened with a handyman job I needed as well. I have a regular handyman person that I use in each area - it's better for them if it's closer. But, I also have a list of "back up" handymen just in case.
Well, I had a handyman job recently and called up my regular handyman in the area. Again, the same thing happened - he wasn't available and I needed to use a back up. I called a few of my "back up" handymen in the area - one showed up. Same story. He got the job done - I will definitely be using him again.
Lesson learned. Always have "back up" contractors ready just in case. Keep networking and always be adding to your team so you'll be prepared for the unexpected.
Friday, April 17, 2009
Friday, April 3, 2009
Mobile Home Repair - Plumbing 101
"This is all about basic leak repair for plumbing. This dumb pipe connection was leaking, just a teeny bit, but it was getting everything damp and as we know... WATER + MOBYS = EVIL!!!! Whatever you can do to keep water from getting into your Moby belly and structure is GOOD."
Video Link
Video Link
Wednesday, January 21, 2009
Mobile Home Repair
Here are some good books about mobile home repair. I've personally purchased both the manual and the mobile home repair guide. Both great reference books!
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