Positive news article/video concerning mobile home and parks

[John Fedro]

Hi all,

I enjoyed watching this video so much I thought I would forward this video and article concerning mobile homes and parks to our BP community. Finally some good news about our industry making headlines.

http://www.cbsnews.com/videos/mobile-homes-more-than-just-a-box-on-wheels/

All the best,

John Fedro

[Giovanni Isaksen]

One of our clients also owns a number of MHPs around the country. I remember him telling me that one issue to pay close attention to was the size of the spaces and the access. Older parks often only have room for the older, smaller homes and can't accept larger modern homes. I don't remember the numbers off hand but even if an older park had large enough spaces the streets may not have enough room to maneuver new homes into place. I do remember him also saying that parks with older single-wides end up with a lot of abandoned homes because they cost more to move than they are worth. As @Joel Owens said you can rent them out but they're the MHP equivalent of a hotel with hourly rates.

Good hunting-