Kai Van Leuven
Are Mobile Home Parks the most Over Valued Asset Class?
I have been looking to buy a Home Park for probably the last 10 years. I have seen over that time a huge increase in values and shrinking cap rates. It has lead me to think it could be the most oversaturated and overv...
Meredith Mihm
Little Mobile home park
Going to look at a 15 unit mobile home park tomorrow. 4/15 pads occupied (@ $235/mo), plus one storage unit rented @ $290/mo plus one farm house rented @425/mo. So $1500ish/mo. City water and sewer, but not metered. W...
Michael Watts
alabama tax certificate with an alabama medicare lien
At the tax sale I purchased a tax lien certificate in Alabama with an Alabama Medicare lien on it. Do I have to pay the Medicare lien off if I'm only planning on just renting the property out and not planning to ever ...
Grant Cardone
Apartments (The Ideal Investment Vehicle)
The right apartments, in the right location, bought at the right time, at the right price, should provide investors consistent positive cash flow, while we wait for rents to go up and the loan amount to be paid down a...
Charlotte Dunford
Ask for closing cost
Is it normal to ask for closing costs paid by seller in a commercial transaction like a mobile home park?
Allen Martin
To build out the park or Not!
I have 5.5 acres that already host 6 mobile homes on it with room for more lots in the future but I also have the opportunity to get an additional 5.5 acres that conjoin my land the cost still T.B.D I want to expand m...
Sean Dezoysa
Do $2,000 mobile homes still exist?
After reading "deals on wheels" and "mobile home wealth" I was determined to scour all the local parks to find single wides with $5000 asking prices, and negotiate them down to a $2000 cash sale.
However, my experie...
Dale Osborn
House to Condo
Last year when we got a MHP in WA, there were 2 houses inside the MHP. I want to convert these to condo units. Sell the house and rent back the land (lot rent) just like the unit was a mobile home. Does anyone have th...
Matthew Fiebig
Funky Wraparound, and First Position Seller Financing.
Hello Bigger Pockets!
I have this deal that I'm looking into. It contains a mobile home park, a few Single Family Rentals, and a 6 unit apartment building. The Seller is willing to provide a wrap on the SFR and a 6 u...
Jon Klaus
FHA financing for mobile homes
Anyone getting this done recently? I sold one to an FHA buyer earlier this year through a C21 mortgage broker. She moved on and her replacement says they don't do that. Right. Seeing any conventional financing for...