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Updated about 5 years ago on . Most recent reply

User Stats

15
Posts
8
Votes
Trey Malone
  • Rental Property Investor
  • Amarillo, TX
8
Votes |
15
Posts

Do You Use an Agent to buy a Mobile Home Park?

Trey Malone
  • Rental Property Investor
  • Amarillo, TX
Posted

Merry Christmas!

I’m just coming off of a live-in flip and looking to buy a mobile home park. I’ve spent quite a bit of time self-studying the niche over the last couple of years in preparation, and am attending mobile home university in Orlando next month, but I haven’t run across a straightforward answer to this question

So - how about it? Anyone out there who has purchased an MHP - did you work with an agent, and did you bring him or her in during your search or after identifying a park you wanted to make an offer on? Is it customary for the seller to pay the buyer’s agent’s fees when purchasing an MHP?

Thanks!

Most Popular Reply

User Stats

207
Posts
125
Votes
Shawn G.
  • Rental Property Investor
  • Orlando, FL
125
Votes |
207
Posts
Shawn G.
  • Rental Property Investor
  • Orlando, FL
Replied

@Trey Malone Our team currently owns and/or is under contract on 3 RV Parks & 3 MHPs here in Central Florida. All but one of those was found with the help of a Broker.  Loopnet & crexi can both be great places to start. Look in the markets you are interested in and contact the agents who have those listings. Get on their list and go from there.  The 1 park we did not get from an agent, we actually acquired through a direct mail campaign.  I live in Orlando, but unfortunately, will not be able to attend the conference next month due to a scheduling conflict. I do however, have a couple of friends attending. Open to meeting while you are in town though. 

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