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6 August 2020 | 1 reply
I’m curious if anyone out there has built a successful business revolving around renting single mobile homes?
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4 September 2020 | 14 replies
@Brian PowersYou might consider mobile homes (in parks) flips.
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7 August 2020 | 1 reply
Kept thinking JT but I really love mid century modern homes.
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9 August 2020 | 3 replies
Now, you can mobilize your cash/equity whenever you want.
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13 August 2020 | 9 replies
Nothing else works.4) Inject a "pride of ownership" into your residents with immaculate common areas and they will take the ball and run with it.5) Don't let city officials push you around -- find a good municipal lawyer and your problems are suddenly solved.6) A successful mobile home park is like a high-density subdivision in which the neighbors watch out for each other and have a strong sense of community.7) NEVER rent mobile homes -- sell them at whatever price you can get and focus STRICTLY on the land rent.8) Smart owners copy what other successful park owners are doing verbatim and bad owners try to be pioneers.9) Think like a lender and you will always be successful (my happiest moment was when I got a conduit loan on Glenhaven as that confirmed that all my steps had been correct).10) Don't listen to your friends, family and peers when you buy a mobile home park as they will all say you're nuts.
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10 August 2020 | 0 replies
Modern finishes, ready to move-in.What was the outcome?
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18 August 2020 | 18 replies
If you are utilizing a SD-IRA then you can explore syndications of either multifamily, self storage, mobile home parks, ect.You can also explore multifamily funds.Happy investing!
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12 August 2020 | 10 replies
I’m evaluating a commercial deal in my neighborhood and need to insight into analyzing the deal and finding comps.Summary:Off-Market Deal - 4 unit office spaceEach unit approx 825sqft Currently 75% occupiedAsking price $95kCurrent total rents $950/moBills covered by the landlord ~$150/moProperty tax ~$2000/yrLocated in a more residential area, about 1 mile from a main strip.
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11 August 2020 | 0 replies
Currently I have 2 single family homes but I recently came across mobile home parks and wanted to consider investing in mobile home parks.
11 August 2020 | 0 replies
I live in SC own my mobile home but rent my land, after living here for 15 years the Manager has asked for a copy of my title.