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All Forum Posts by: Andriy Boychuk

Andriy Boychuk has started 46 posts and replied 467 times.

Post: Trailer Park investing

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Joe Crabb there are a lot of information on this forum as well as on Mobile home university forum. 

here is the link to my post about books and magazines. I will add couple books there as well now 

https://www.biggerpockets.com/forums/30/topics/461194-books-and-magazines-mobile-home-park-industry

Post: Mobile homes & Airbnb

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Myka Artis everything is negotiable. If we are talking about big communities owned by large operators, you would not probably be able to do AIRBNB there. However, I know people who did that :)

In small communities, you should talk with the owners or park managers.

Post: Putting Mobile Home Park On Contract!

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Tyson Cross I see that you are using the alert future as well :)

Post: Putting Mobile Home Park On Contract!

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Michael Root could you please clarify your question? thank you

Post: Mobile home park deal the involves virtually no cash up front

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Tony Sklavounakis Could you provide little bit more information about the park? Lot rent, what kind of utilities. 

What does P&L for 2016 show?

Post: Turning around a Mobile Home park.

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Clint Looper could you share more details? No need to mention the address or the city. Just tell us the actual expenses and income for 2016, then you plan for turning it around. People will be able to provide value here. I am turning around one park in PA now. 

Post: How to remove tenants in a trailer I just won.

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Steven Botts in this case you will own a trailer and a title for it. There is no deed. 

I agree with @James Caruso . Try to do cash for keys. 

Here is another option. I am not sure if it works but you can try it. You should read the park rules. In most cases, all parks require an owner to occupy the property. If they violate the rules, the park manager can evict them.

You should call Pennsylvania manufacturing association http://www.pmha.org/

Post: Using bank financing for a MHP

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

I agree with @Joseph Catalano . The first park I bought we negotiated 10% down and the seller financed the rest.

Post: How to remove tenants in a trailer I just won.

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Steven Botts is the property on the land or in a park? Law might be different for each case in your state.  

Post: Cash-out Refi on Prop. A Before 1031 Exchanging Properties B,C,D?

Andriy BoychukPosted
  • Rental Property Investor
  • Staten Island, NY
  • Posts 480
  • Votes 197

@Philip Potosnak let me know if you have any questions about mobile home parks. Also, you are welcome to visit the mhp investing section on the forum