Mobile home Park investment

[Tatiana Spence]

I want to get started in mobile home park ownership. I have read several books on mobile home park investments. I wanted to ask someone that's been in the mobile home park business some questions. I would like to know if you are able answer some questions for me.

What are the common motivations for MHP owners to sell their park? Why do they?

I am also trying to better understand how to assess the numbers in a deal to determine if it is good or bad?

In addition, I have learned that searching for deals outside of my current area is a great idea. What are some key data points that will help determine a good out of town market?

Thank you for your reply,

Tatiana Spence