All Forum Posts by: John Arendsen

Hmm....................Interesting.

No doubt about it Jerry.  I've been in the biz as a general, manufactured home contractor, dealer, real estate broker and developer and have found that not only bigger homes but resident owned communities as well.

That stated I own several in lease/rent park communities as well albeit they're in the path of progress, i.e. coastal beach areas, mountain, lake, river communities, etc. There's some old toilet parks out there that I wouldn't touch if you gave them to me.

Mark B, no doubt about it. As the industry adage goes..............."The higher the rent the lower the value of the home".

Omar, can't say I necessarily agree with that. Not sure it's a federal issue or that the FED can dictate to individual states or local municipalities about this. At least I've never seen anything from the FED to date. 

I think it's up to the specific MHP owner. I know in Leucadia where I own several rentals the city has no control over the MH Parks. They're run by the California Housing and Community Development Department (HCD). So it's up to the individual manager/owners to dictate rental rules and regs as long as they're in writing and given to every tenant as they sign a lease or rental agreement.

That stated, the City of Leucadia (Encinitas) does have specific ordinances regarding vacation rentals outside of MH Park Communities.  Just saying............

We buy in MH Parks where the park owner/managers will allow sub letting. However, rumor has it that MH park owners can no longer not allow sub-leasing. Anyone know anything about this? I've launched a search into the matter but can't seem to find anything anywhere about it.

I own several MH rentals and am always looking for good deals. However, the land in SoCal is too expensive even with MH's on them to realize any greater ROI than you'd get from a Sticky Built. So I only buy in MH Parks where the park owner/managers will allow sub letting. I think this may get a little easier as rumor has it that MH park owners can no longer not allow sub-leasing. Anyone know anything about this? Hmm, maybe a good question to ask on this forum.

Eric, his prices were spot on. This can and usually is a deal breaker not to mention all the other manutia you have to deal with i.e. infrastructure, site prep, ancillary items, i.e. garage, driveways, etc and then all the bueauracratic crap you will be dealing with i.e. permits, inspections, myriad fees, etc. If your not in the MH biz it's best to stay out of the game.

I'm looking for car wash locations in San Diego, Orange County and Riverside County with land purchase. No gas stations. 

Not interested in laundrymats. I have a vested interest in a new car wash franchise company that will be rolling out Nationwide next year.

So sorry. Didn't mean to start out this way. No not familiar with Kady. I'm an investor in the San Diego area and I'm looking for properties to purchase that meet the buying criteria I've described.