I've owned a trailer park for 72 hours and this happened.....
Published: 2019-10-08
Status:
Available
|
Analyzed
Published: 2019-10-08
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The speaker plans to renegotiate terms with trailer park tenants and implement new rules, including a prohibition on shooting, as part of a broader effort to improve the park's condition and tenant behavior.
"the people I've talked to said that it's fixable it's full of roaches maybe we'll get lucky and has bedbugs I don't know but anyway this is just kind of a thing that I deal with you know we had shootings today I'm posting notices up on all the trailers saying hey we're gonna renegotiate everything you're gonna have to abide by rules you're gonna have to do you know take care of your trailer park you know you're not allowed to shoot people we're definitely posting a new shooting rule you can't shoot at people at the trailer park because more laws will make things better"
Pending
Columbus's increased zoning and compliance laws are making low-end rentals unprofitable, leading to the displacement of low-end rentals and tenants in favor of higher-end options.
"so I've got this process I'm going up to Columbus tomorrow to look at a whole crapload of trailers the wonderful city of Columbus is increasing their zoning and compliance laws a lot with real estate and it's essentially making it not profitable at all to do low in rentals like I do so they are pushing out a lot of low-end rentals and low-end tenants for high-end ones"
Pending
The speaker is planning to acquire and transport trailers from a park being torn down to their own trailer park, with transport and setup costs exceeding the trailer purchase price, and the trailers are described as livable, habitable, and safe.
"I'm looking at this big deal of buying a whole bunch of trailers in this trailer park they're tearing down just having them transported to where my trailer park is and the trailers are almost nothing I'll be paying more on setup and transport than I will for the trailers and there are really nice trailers you may not look great on the outside but they're definitely livable habitable and safe which is really important to me"
Pending
The speaker acquired ownership in a trailer park, received $15,000 cash, and had no money out-of-pocket, acknowledging the risk of potential harm but deeming it worthwhile.
"I get ownership in a trailer park $15,000 to cash in my pocket I haven't had to phony up any money I might get shot in the process but you know it might be worth it"
Pending
The speaker poses a rhetorical question about whether the potential risk of being shot at in a 46-unit trailer park is worth the chance of a multi-million dollar project.
"do you think it's worth it guys the potential being shot at for being involved in a 46 unit trailer park if you think it's it would be worth it to you to potentially get shot at by heroin addicts for the chance of a multi-million dollar project"
Pending
Columbus is increasing zoning and compliance laws, making low-end rentals unprofitable, which will likely push out lower-end rentals and tenants for higher-end ones.
"I'm going up to Columbus tomorrow to look at a whole crapload of trailers. The wonderful city of Columbus is increasing their zoning and compliance laws a lot with real estate and it's essentially making it not profitable at all to do low-end rentals like I do."
Pending
Acquisition of trailers from a tear-down situation will cost more for setup and transport than for the trailers themselves, but they are described as livable, habitable, and safe.
"they are tearing down just having them transported to where my trailer park is and the trailers are almost nothing I'll be paying more on setup and transport than I will for the trailers and there are really nice trailers you may not look great on the outside but they're definitely livable habitable and safe"
Pending
The speaker acquired ownership in a trailer park, received $15,000 cash back, and had no personal money invested, despite the risks involved.
"I get ownership in a trailer park $15,000 to cash in my pocket I haven't had to phony up any money I might get shot in the process but you know it might be worth it"
Pending
Columbus, OH is implementing stricter zoning and compliance laws, leading to the displacement of low-end rentals and tenants in favor of higher-end properties and residents.
"The wonderful city of Columbus is increasing their zoning and compliance laws a lot with real estate and it's essentially making it not profitable at all to do low end rentals like I do so they are pushing out a lot of low-end rentals and low-end tenants for high-end ones"
Pending
Increased compliance costs in Columbus, potentially adding $200/month to $500/month units, make it unprofitable for low-end rentals, leading to a shift towards mid-to-high level apartments or teardowns.
"if compliance starts costing you an extra 200 ollars a month to live up to their standards and you have a $500 a month unit or a 500 month trailer that I'm looking at like tomorrow and you can't for a lot of tenants you just can't tack on that extra $200 they're just not going to pay so it would be easier to just tear everything down and start all over again with mid love or high level apartments"
Pending
Acquisition of trailers from a park being demolished will prioritize transport and setup costs over the trailer purchase price itself.
"I'm looking at this big deal of buying a whole bunch of trailers in this trailer park they're tearing down just having them transported to where my trailer park is and the trailers are almost nothing I'll be paying more on setup and transport than I will for the trailers"
Pending
The speaker acquired ownership in a 46-unit trailer park with $15,000 profit and no personal funds invested, despite acknowledging the risks of potential violence.
"I get ownership in a trailer park $15,000 to cash in my pocket I haven't had to phony up any money I might get shot in the process but you know it might be worth it"
Pending