Our commitment to providing financial backing underscores our dedication to successful real estate investments and maximizing profitability.

I am looking at an opportunity in my local area where there is a multiple unit mobile home park for sale.

I am committed to dedicating time and effort to achieve this goal, and your insights will be invaluable in shaping my journey.

I am able to dedicate up to 2-4 hours/day for this.Also, I would be really thankful to everyone who can advice me on podcasts, books, courses, meetups, etc. to help me build my was in Real Estate investor. 

Does anyone have experience and want to discuss puting inexpensive prefab/modular homes (not mobile homes) on vacant lots?

I'm 19 years young but willing and ready with dedication.

See attached Excel summary sheet.Investment Highlight89% Physically OccupiedSupply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/CapitaAdditional Income generated from 4 mobile home lots and 1 mobile home (Not Verified, as thus not included in underwriting assumptions)Key Underwriting AssumptionsDown Payment 25% of Purchase PriceEstimating a CAPEX/Repairs cost of $150,000Estimating Operating Reserves of $10000Stabilized Vacancy and Concessions/loss to lease at 10%Using a cap rate of 7.23%Key Demographic DataTotal Square Footage 21,130 Supply Index: 6.3Population 3,338 1 Yr.

At this point I have basically wrapped up my account with the first (dedicated professional) property manager who couldn't do her job properly. 

Our commitment to providing financial backing underscores our dedication to successful real estate investments and maximizing profitability.

Build mobile home on the vacant lot I understand the cost involved for rehab the existing house.