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Updated about 2 years ago on . Most recent reply
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Finding Equity Partners for Investments in MHPs / Real Estate
Hi BP'ers,
I am currently in the MHP space and really like this asset class. I am looking to acquire 1-2 more parks in the next 12 months.
I am looking for ideas/suggestions/recommendations on finding partners for future deals in the MHP space to help with acquisition for future deals.
Appreciate any insight or experiences you have found helpful! Thank you!
-John
Most Popular Reply
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Be sure to partner with someone that has different skills than you. Make sure they have integrity and their core values line up. Make sure they can add value and have a good track record.
Passive Investors are a whole different game if they are not active in the deal and only contributing capital and I recommend you consult a securities attorney for the legals on that.
My BP profile has several resources for mobile home park investors and those sources have a lot of content around partnerships and raising money.