So, I'm looking through MHP deals that have a ton of POHs and a few TOHs. From my research, I found that it's more advisable to own the park and lease the plots than it is to own the mobile homes on the plots because ...
I saw this Mobile Homes park for sale for $300k ,a 68 units 2bd 1ba with a cap rate of 15% without the land.
Is it a good deal..??
Advice please
When first stating out with MH, should you look for a MH in a park where you can buy, fix it up, and LEAVE IT THERE to rent it out or finance. Or a MH anywhere. I'm asking because moving expenses. And can you find par...
Investment Info:
Other buy & hold investment.
Purchase price: $60,000
Cash invested: $20,000
15 Unit Mobile home park
What made you interested in investing in this type of deal?
Expa...
I live in a 55+ MHP in Southern CA. There were a few vacant lots in my park that recently have had a home added, and are now for sale/sold. They list for just under $400K (which seems ridiculous to me). Lot rent he...
Hello all and great day! I'm considering buying a mobile home park on a seller finance. What are some things i should be aware of? I have multi-family property, but have no knowledge about mobile home parks. Any input...
Hi. My aunt has a mobile home that is in a park in a relatively desirable part of Los Angeles. The unit itself is not in great shape - it’s almost 40 years old and hasn’t been kept up very well. But it is in a good pa...
Will a mobile home, newly purchased from the factory put to use as a rental, that is not immediately converted to real property, qualify for the 2017 accelerated deprecation, since it's personal property ? If the ans...
Hi, my name is Regina Parker. I am a Retired-Federal, Department of Justice employee, after 32 years of service. I reside in Bridgeport, West Virginia. I am also an Executive Affiliate with an awesome networking co...
We are interested in purchasing a mobile home that's currently in a park. The house is in really poor shape, but priced accordingly. I'm wondering if it is a better option to put work into an old run down unit or to j...