All Forum Posts by: Rob Milliken

@Don Alder-LaRue

Perfectly stated, and we are looking are planning to purchase an existing park this year, as well as create one in 2020.

I see so many that cannot afford the luxury of a stick built home on a piece of land.

For these people a mobile/manufactured home is a Wonderful alternative. Gives these folks the pride of feeling successful in owning a home. May not be ideal in a park for them but definitely a step in the right direction.

With all that being said, The Construction of todays are much better than what some builders put out for new stick built homes.

I am fortunate enough to own homes. If I was not I am sure I could be content in a mobile/manufactured

home.

Now if anyone is looking to sell a park. Let me know

Very Cool!!!! 

Milo is a small town in Maine with less than 3000 residents. I do not know anything about the market there. I would suggest give the Town Hall a call and ask them more about it. They will know how many  have recently closed, what the average age is, school system...

I do that often for towns I am unfamiliar with. 

We want to buy a mhp

I would like the info on the meeting. I believe this is for May, but need the particulars please

I believe what Cody is saying is that you can purchase properties at a lesser amount in Lewiston /Auburn area where it is in need of rentals, so there for his cap rate could be higher 

Cody Delong, keep in mind, either the numbers work or they don’t. If you reach beyond, sometimes you are creating value that isn’t truly there. 

Never adjust numbers to fit a deal only take on a deal that the numbers truly work. 

Jeff, I have not gotten any funding from Connected Investors, but in Maine you may also want to try Lincoln Capital. Ryan is a great guy. 

If anyone calls Milk St try asking for Jeffrey. Great Guy, great addition to the Milk St Private Money. 

Have you tried Connected Investors. They have ability to do pm and hm. They also have gap funding... 

You may find that duplex, tri plex may be able to be purchased for less money than a SF. Do more research,see what are options out there for you to purchase. It is good to look at different options for financing as well Owner finance can be much easier to handle ++++ I have bought many properties with 0 money down