All Forum Posts by: Michael Colebank

We just closed on October 1st on our mhp. I thought originally, I'd meet resistance to doing online pay. Turns out, all but one of our tenants want it. Does anyone have a suggestion for the best app for a mhp? Especially to help some of my tenants that aren't particularly tech savvy? A lot of them don't have checking accounts but were talking about loading a greendot card every month to make a payment. Any app that will work with that? We're also filling vacant lots, so of course we need tenant screening.

I just watched a video on rentredi. I think it will probably work but is there one that's better? Maybe it sends reminders a few days ahead of the 1st? 

Thanks in advance, Mike

Nice job Andrew! I'm going to be something similar. We close on our first park in West Virginia on Thursday. Please keep us posted on your progress.

If you're considering West Virginia as per Jason's mention. We have a little of everything. Lake homes, riverfront, mountain properties, ski resort properties, and large farm and forest properties. Our prices are normally pretty low compared to the rest of the nation. If you're in the county there is normally no zoning and no permitting. 

Hi Maryam, what are looking for in particular? Activities, region, personal residence or vacation home? 

Thanks Jack, and everyone else. You all gave me some great info. Exactly what I was looking for. Love this community.

Thank you Jana. That's what I was thinking. Buyouts, deaths, when to sell are the ones I'm probably most worried about. Thank you Rachel. That's our plan, I'm kind of asking for ideas to make sure we address the important stuff in the agreement. I'm sure the attorney will cover everything, but I wanted to be sure he's covering the most important stuff.

Hi Everyone, I'm buying a mobile home park with a friend of mine. We both have multifamily experience. Neither of us are lazy,and we're very enthusiastic about the deal. Huge potential. I'm taking care of government officials and marketing/ big picture, along with filling the park. He's got a contractors license and does excavation work. So he's taking care of infrastructure, dealing with utilities, surveyors, and the moving in of new homes. Profit split is 50/50 . But we'd like to have good verbiage to protect our friendship and the partnership in the future. What should we be including in the partnership agreement to protect us down the road?