All Forum Posts by: Chanee Kay

@paulmoore Thank you! Will look into this!

Thank You Brenden for the detailed response! I’ve analyzed the deal well and The numbers do make sense even if it is Park Owned. Am excited to see where this takes us!  I’ve sent a request to join the FB group.

Hey Guys! We’re looking at a 4 unit mobile home park. The numbers look great in terms of cash flow, however,I’m hesitant since the mobile Homes are park owned. I know that one of the bigges advantages to owning MHPs is the fact that the units are tenant owned which is much less of a hassle/expense. My question is: if the number look good-  is it worthwhile to pursue this and look at it more as a standard multi family investment to gain experience into the MHP Asset class, or to simply stay away from park owned units?