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Updated almost 10 years ago on . Most recent reply

User Stats

39
Posts
9
Votes
Rina Amir
  • Investor
  • Sunnyvale, CA
9
Votes |
39
Posts

Investing while holding on to your day job and how often to visit property

Rina Amir
  • Investor
  • Sunnyvale, CA
Posted

I would love to hear your actual experiences regarding the physical process of investing in MHPs. Before submitting LOI you need to visit the property. How do you handle it when investing out of state AND holding a day job? How many times do you visit the property during due diligence? I understand that once you own it you probably need to visit at least every other month or once a quarter. But how many times is it best to see the actual place while investing. Unlike single family houses Google Earth is not helpful here. We've invested in TX in single family houses without even traveling there with just our property manager reporting to us but this is way different.

I really would appreciate if anyone can share personal experience of investing in MHPs while holding on to your day job. Thanks. 

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Friendswood, TX
508
Votes |
663
Posts
Account Closed
  • Rental Property Investor
  • Friendswood, TX
Replied

mhu.com  they have a methodical step step guide of a park purchase in 30 days in their home study course.  Using it is about the best resource you can have when looking at a park. 

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