Deals gone bad - Posted by Josh

import · November 16, 2002, 7:38pm

Posted by TIM (GA) on November 16, 2002 at 21:04:24:

12 good, 0 bad…Only in business for 3 months though!!

import · November 16, 2002, 7:38pm

Posted by Josh on November 16, 2002 at 20:38:03:

I have been reading many of the post on this board for the past several days and have already ordered DOW but still waiting for it to arrive. I am in the military stationed in Japan for 1 more year and am anxious to get started but obviously I can’t which gives me plenty of time to learn. While I am waiting I would like to find out about how many deals percentage wise (est.) go sour (i.e. bankruptcy and the like)?

Thanks,
Josh

import · November 17, 2002, 6:35pm

Re: Deals gone bad - Posted by James Strange

Posted by James Strange on November 17, 2002 at 19:35:42:

Have you looked for trailer parks in Japan?

Just kidding when I left Yokosuka in 89 I do not remember seeing any trailers.

import · November 17, 2002, 5:34am

Re: Deals gone bad - Posted by Robert McNeely

Posted by Robert McNeely on November 17, 2002 at 06:34:28:

I my case the % is less than 5%. I do require a min $1000 deposit up front. Don’t let dead beats talk their way into your MH. If they do go bad it gives you a chance to sell the home for a second time. You will also find a small % of buyers that will give them back to you after a year or two.