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Updated almost 7 years ago on . Most recent reply

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43
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Nathan Lilly
  • Real Estate Agent
  • Jackson, TN
10
Votes |
43
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Need help on mobile home park!

Nathan Lilly
  • Real Estate Agent
  • Jackson, TN
Posted
Hello fellow BP members. I have recently looked into purchasing a trailer park. The park has been let go and is very grown up with trashed trailers on the property. My plan is to clean up the park and take the test down trailers off the property and just rent out the pads that other trailer owners can put there property on. I would appreciate any suggestions or comments.

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3,712
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Rachel H.#2 Mobile Home Park Investing Contributor
  • San Antonio, TX
1,506
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3,712
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Rachel H.#2 Mobile Home Park Investing Contributor
  • San Antonio, TX
Replied

@Nathan Lilly If you can get the numbers from the seller on the property, it would help. Also, start making a list of work that needs to be done. Try to get invoices of any work done to the property in the past few years. Talk to the contractors who did the work. They'll be able to give you a better idea of the condition of the park. Good luck!! 

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