How Obama Will Effect the Mobile Home Industry
Tuesday, October 19
The election is over and the President-elect is Barrack Obama. While that ends a lot of uncertainty over the general direction of the government, it only opens new worries over what this means to the economy and, on the micro scale, the mobile home park industry. Will Obama help improve the...
Do Manufactured Homes Have a Shelf Life?
Thursday, October 14
Am I supposed to take the roof off and smell manufactured homes to see if they've spoiled like milk? Do they have an expiration date stamped on the frame? Can you fit one in a curbside polycart? If not, then why, as a community owner, do I get asked all the time by banks, buyers, reside...
How Buying a Mobile Home Park is Like Flying an Airplane
Wednesday, October 13
Everyone knows that commercial air travel is the safest in the world. But that's because of the high level of training of the pilots. From the pre-flight checklist, to the flight plan, to dealing with problems in the air, the pilot knows everything about what they're doing. The pilot who ...
How to Make $1 Million with One Mobile Home Park
Tuesday, October 12
The mobile home park industry is terribly misunderstood. There is massive opportunity, but everybody is looking in all the wrong places. Why? Because mobile home park investing, properly done, requires trusting in the opposite of what your initial instincts are. That's because it is an unus...
HOW TO MAKE MONEY IN MOBILE HOME PARKS
Monday, October 11
Any idiot can buy a mobile home park. And many do. But if your goal is to make money with it, then there are some simple rules that you must consider before taking that step. If you follow these guidelines, your chance for success is 1,000% greater, and your chance for failure is virtually ...
HOW TO GET ZERO DOWN FINANCING ON A MOBILE HOME PARK
Saturday, October 09
With single-family homes, a legitimate zero down deal is about as likely as sleet in San Diego. However, with mobile home parks, they are as common as rain. of the 25 mobile home parks I've bought, about five of them or 20% -- were zero down. So how do you get a zero down mobile home pa...