Updated over 10 years ago on . Most recent reply
Seeking MHP help STAT - experienced investor
Hello everyone! I am an experienced investor in the realm of single family and small multi units. However, with the demand for affordable housing on the rise I have been looking into mobile home parks. So via some marketing to owners, I now have a 50 pad MHP and a 41 pad MHP on my desk with a 3rd owner calling me this afternoon to discuss a 3rd park. The 50 pad park is gorgeous and I'm meeting w/that owner tomorrow at 7pm. The 41 pad is going to be a complete go in and do-over. It is horrible. I have zero experience with mobile home or MHP.
NOW.. I'm freaking out. So I'm going to read as much as I can on BP about MHP but was also wondering in the mean time if anyone knows someone that does MHP coaching? Or mentoring? That I could run these deals by or discuss? Not a problem for me to pay, and I fully expect to pay, for coaching through the purchase (if indeed we get that far- which I hope we do). I just feel that is a quicker route for me to go and would feel better about the whole process if I was guided by someone with experience.
Thanks so much!
Most Popular Reply
Feel free to give me a call. We just closed on our 5th park this past Friday and I can probably help guide you a little. Free of charge.
A great program on this asset class is put on by MHU: http://www.mobilehomeuniversity.com/index.php
And, you can always look through their forum and find almost any topic you can think of: http://forum.mobilehomeuniversity.com