Mobile Home Park - Sell Off POH's???

[Alex Johnson]

I recently got a mobile home park under contract that includes 20/39 homes to be park owned. Does anyone have any experience or insight on the best ways to sell the homes off to the current tenant and successfully increase lot rent?

[Jack Yen]

hey @Alex Johnson congratulations on the MHP acquisition! I am in a similar situation that purchased an MHP with many POH. I'm doing rent to own contract to the current tenants that I feel fit. I'm also exploring selling to investors but just need to be cautious on who you sell to. For me it's kinda trial and error and I'm still learning. But I feel rent to own might be the most straightforward and increase your NOI right away.