All Forum Posts by: Jessica Bunge

Hello! I'm in search of a MHP for my first investment. How have you guys found your investments? Direct Mail Marketing, Loopnet, mobilhomeparkstore.com? What are your thoughts on these? Thank you in advance for your feedback.

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Hi Laura,

Congrats on the MHP venture. I'm currently in search of one for myself. I have found several parks for sale on MobileHomeParksStore.com but was interested in the MHP Academy. After listening to one of their webinars, they frown on using this site and loopnet. How did you find yours? They went into detail on finding the market and making sure the economy is up to par. It looks like more research (understandably) But was wondering if this was the route you took?

Thanks!

Originally posted by @Laura H.:

Check out http://www.mobilehomeparkstore.com for MHPs for sale.

If this is a new venture for you, check out Mobile Home Park University and Mobile Home Park Academy. I went to the MHPU bootcamp last month and learned a TON. Well worth it, in my opinion.

Good luck!

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Hi Carlos, Thanks for the info!

Originally posted by @Carlos Altamirano:

@Jessica Bunge

Hello Jess, not sure if anyone that mentioned this but centimeter.com is a good resource to ball park rents in any area. Looking at rentals on CL will give you an estimation too. Also, calling other landlords and apartment complexes and asking their rent rate is a good strategy too.

We are new to the Saint Louis market with a current multi-family in escrow that we are pretty excited about. Happy Investing!

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Originally posted by @Zach Stillman:

GGuess would be 1000 to 1400....low is 600, class a apts are 1600

Thank you Zach, appreciate the input.

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This is great. Extremely appreciative of both your feedback. I am from a small town outside of St. Louis but have lived in Los Angeles for the last 10 years. CA is extremely over priced so I'm looking back west to invest. The idea is to invest in CA in a few years.

Here is another question for you. Do you know much about The Grove area? My cousin says it has some great potential and has a lot of developments this year. Thoughts?

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Hello BP friends,

I'm at the beginning stages of analyzing investment properties in the St. Louis area. I'm currently looking at a 2 bedroom 1 bath ( + finished basement) home that was remodeled recently. The asking price is $145,000. Looking for an estimation on monthly rent. Would greatly appreciate it.

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All Forum Posts by: Jessica Bunge

Jessica Bunge has started 1 posts and replied 7 times.

Post: Mobile Home Park Investing

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Post: Mobile Home Park Investing

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Post: How much to rent a home for in Richmond Heights, MO?

Post: How much to rent a home for in Richmond Heights, MO?

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