All Forum Posts by: Dawn Young

Dirt is wonderful, Unfortunately not everyone can afford to own a mobile home park, at least, not right away.   

I'm curious, how are you looking at owning lots within someone else's trailer park?  How does that work?

Awesome!  Keep them coming, please!

 How did it turn out for you, Paul? Did the bank release?

Awesome!  Thanks for updating!  Glad to here it turned out so great!  Did the sign by the other units help a lot?

On loopnet, I have to google "self storage Oregon loopnet" in order to get a list.  If I go to loop net, it will show a huge list of industrial properties, not just self storage.  Its annoying, but I get there in the end by googling the way I do.  Hopefully there are other listing sites, too, but I haven't found them yet.

Here in the desert we frequently see heatpumps, but there is a furnace for "emergency heat. "  Not sure what the normal lifespan is, but the one in our residence is gettting pretty ricketty at 20 years old, and the heat pump just went down.  I've heard heat pumps last 15 years average.  Our own personal experience is 10-20 years.  and they're under warranty for the first 10.  heat pumps here run 4500 with install, and furnace I think 2000, installed.  Seems pretty darn high considering the lifespan.  We don't have natural gas (lucky you!).  I never know if tenants are changing the filters, either, which affects the lifespan.  What did you wind up going with?  do you like it?

I'm not sure I put this in the right category, so sorry.  My question is, do "take over payment" stategies like wrap mortgages, and the like, still work in this market we're in?  Around here prices are going up like crazy.  I can see how wraps might work occasionally, but realistically and consistantly?  I'm having trouble understanding that.  If they have a lot of equity, they should go to a realtor and there house will sell in like, 3 days around here (plus closing).   

I think I've read that its hard to get good management on parks under 17 spaces-ish.  Its so small.  "all the problems of a big park, but with the income of a small park." I've heard.  I think that's a stretch, though, and I think surely its all in the $ numbers!  Hubs and I would jump at a small park that made $ sense if it was in our area, but definately not if it was more than a couple hours away.  Unless we planned to move to operate it, which wouldn't make sense, because I'd have to leave my other business, and he'd have to leave his job, and it wouldn't pay enough to make a living on.   Take away---I haven't bought a park yet!  Just done a lot of reading about it! and driving through them, I mean "bumping" through them.  (speedbumps) :-)  I think when we do buy a park, we'll probably try to go in with a partner that's pretty savy---I think that we would benefit each other a lot, from the combined brain power.  Just my 2 bits.

 Hi, would you mind reposting the name of that book?  I can't find it, based on the  shortening. Maybe bp did that  that for some reason?