Process to develop a mobile home park

[Daniel Kim]

I am a contractor and real estate agent in the Southern California area.  

I've recently met an investor who is interested in developing 35 acres of vacant land into a mobile home park in Lancaster, CA.  Does anyone have any experience in developing one in this area?  We may be looking for some potential partnerships as well.

Thank you!

[Logan M.]

Hey Daniel,

I own six communities in Western states but I stay away from Blue states because of the rental laws. 

With that said I have expanded a community and am very familiar with Lancaster because that is where my grandparents lived most of my life.

I suggest looking at areas near transit hubs and seeing what grants/subsidies are available to help build. I believe HUD has also started lending to communities for long-term financing.

I paid for my park expansion through a credit union.

If you are going to own and build in California especially Lancaster you will want to make sure you get some benefit for being in that location otherwise I would suggest building somewhere more favorable as an owner.