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All Forum Posts by: Curtis H.

Curtis H. has started 4 posts and replied 22 times.

Post: Mobile Home Park Investing Questions

Curtis H.Posted
  • Investor
  • Vancouver, British Columbia
  • Posts 22
  • Votes 3
Thank you for your feedback! And yes, I had already listened to the podcast. It was very insightful!

Post: Mobile Home Park Investing Questions

Curtis H.Posted
  • Investor
  • Vancouver, British Columbia
  • Posts 22
  • Votes 3

Hi, I'm new to BP and have not yet had the time for a formal intro but I've been around a bit and read/learning alot from this great community! An opportunity has come up and it is on somewhat of a time crunch so I have a few questions. As well, I'm new to the MHP idea of investing...

1-how or what is the typical way to own a MHP (I'm in Canada)? Is is ok/normal to own personally, or would it be wise to own using a holding company?

2-how much does MHP manager cost? The numbers i have been given i believe exclude this and I'm wondering what costs are involved in this position?

The given expense ratio is about 30% and the cap rate is 13%ish. 

Thank you for taking the time to read and respond.

Curtis