Mobile Home Park Investing

[Account Closed]

I am curious is anyone within these forums has experience in mobile home park investing.

I am evaluating some investment types for a passive return and the mobile home park sector is intriguing.

What key things are interesting:

1. You are owning the land, no improvements needed for the physical asset

2. Passive cash flow with a motivated park manager

3. Scalability and limited barriers to entry.

4. Motivated tenants and high cost of moving from any park.

Any thoughts or resources to chat with regarding this subject would be appreciated.

[Brenden Mitchum]

Hey @Account Closed, welcome to the BP community!

I have found MHU to be an excellent source of MHP information. There is a forum on there that has been like the BP of MHPs for me when searching for answers to my questions on the topic. There are also products on there that you may want to consider purchasing if you are very serious about MHPs. The homes study course has all the information you could ever need to get started. It is a bit dated but the concepts are the same and work now just as well as they did then. In fact, it's a safe bet that many MHP investors that have jumped in the game in the past decade are probably MHU alums.

Frank Rolfe also has an excellent podcast called "Mobile Home Park Mastery." This is a great, free place to start! 

If you have any questions or just want to chat about MHPs, please feel free to message me anytime!