All Forum Posts by: Adam R.

@Frank Rolfe I know this thread is a bit stale, but hoping you don't mind responding. After you have it under contract and start your diligence, when would you travel to the park? Is this step 1 in diligence process or after environmental, confirming whether conforming or grandfathered, etc.? What should be the goal of the onsite visit?  Thank you

@Jack Martin I know this is thread is a bit stale, but you hit on points that I have questions about. How do you suggest finding an onsite teams and offsite managers (for the right park) with the right experience? I have been doing google searches without success. I also called the local manufactured housing association without success.  Any suggestions would be appreciated.  Thank you

Thank you @Rachel H. This is very helpful. Do you know if there any property management companies that specialize in MPH? Does it depend on the market?

I am looking to begin investing in MHPs. I am trying to build a team, and was wondering whether there are "buyer agents" or how most go about finding deals? Any input on how to get started would be appreciated.  Thank you

I am looking for an agent with mobile experience.  If you have this experience or know anyone that does, please let me know.  Thank you

Hello, 

I am looking for an agent in Kentucky with experience in purchasing mobile home parks.  If you have experience or know someone that does, can you please let me know.  Thank you

Thank you @Bob Stevens

@Joe Villeneuve

Thanks Joe. I am going to continue growing that each year through my 9-5. The hope is to start building the passive income so over the next few years I can reach my goal.

How much more do you think I would need and how and when should it be deployed?

Thanks again for the input.

@Jay Hinrichs

Thank you are you thinking smaller multi family like duplex and triplex or something bigger?

My goal is to generate at least $15,000 in cash flow (after expenses). I have about $400,000 in capital to start investing, and I am trying to decide on the approach that will allow me to do this in the quickest and most efficient way. I am thinking of investing in an area where the prices (and appreciation are lower) but where I can cash flow about $200-$300 per unit. I would attempt to BRRR some properties, but from some of the deals I have analyzed, I seem to be further ahead by investing in turnkey properties and putting 20% down. Based on these figures, I would need at least 50 doors to get to my goal.

Is there a better way to do this? Should I look at a higher appreciating market? 

I appreciate any and all advice and suggestions.

Thank you