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Updated about 6 years ago on . Most recent reply
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Looking to potentially invest in Mobile Home Parks
Hello BP Family,
With some unexpected occurrences as life typically has, moving to a new state soon and meeting new partners/lenders, it may seem to be that investing in Mobile Home Parks could be on the horizon for me. I am still a new investor and have been on BP for a while researching buy and hold strategies. Aside from the forum here, can anyone suggest some educational materials for getting into something such as investing in a Mobile Home Park? This is a whole new beast from what I've been looking at up until this point. Thank you for your time and assistance.
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Matthew:
First, I would set "alerts" with Bigger Pockets to notify you when "mobile home parks" are being discussed. It will keep you in the loop and is a great education source. Second, do a search for "mobile home parks" on the site and it will pull up a lot of content. I posted about training materials a while back and @John Jacobus provided a wonderful post, which I copied and pasted below.
I highly recommend doing a boot camp with Mobile Home University -- well worth the price.
Here are a few resources that John found valuable whlearning about the details of investing in mobile home parks:
Books:
- Mobile Home Park 10/20 Investment System by Dave Reynolds, Frank Rolfe
- Mobile Home Wealth Part 2: How to Become Even Wealthier investing in Mobile Home Parks by Zalman Velvet, Stuart Silver
- The New Investor's Guide to Owning A Mobile Home Parkby Laura Cochran, Erin Cochran
Podcasts:
- The Mobile Home Park Investing Podcast with Kevin Bupp and Charles DeHart
- Mobile Home Park Investors with Jefferson Lilly
- Mobile Home Park Mastery with Frank Rolfe
- Mobile Home Parks in Real Life with Ryan Narus
Websites/Blogs:
- Park Street Partners - http://parkstreetpartners.com - This is the investment firm run by Jefferson Lilly and Brad Johnson. They focus on mobile home parks and have solid educational content on their website.
- Mobile Home Park Investors - http://mobilehomeparkinvestors.com - This is the LinkedIn group led by Jefferson Lilly. It's the largest group on LinkedIn that is exclusively focused on mobile home park investing.
- Mobile Home University - http://www.mobilehomeuniversity.com - This is the site maintained by Dave Reynolds and Frank Rolfe. I recommend subscribing to their newsletter.
- Mobile Home Park Academy - See above