Brodie Priestley
Analyze this Mobile Home Park
This deal came up I would have to manage it across country and it will be my first deal. I need to learn about how to manage and operate this park, also I know i will have to negotiate the price a little, but I think ...
Abad Marroquin
Can I increase rent from $100/mo to $300/mo in Georgia?
Hello friends at Bigger Pockets. I am buying 18 mobile home lots in trailer park (mobile home park). It's not the traditional mobile home park where the owner owns all the lots. In this case, someone developed a mobil...
Chad Raggio
Owner Occupied Restrictions MH Park
Are there any known strategies to work with a park owner or manager that only allows Owner Occupied? I would like to purchase a mobile home that is in a nice park but they will not allow renters. Is there a way to par...
Derek Williams
New MHP investor in Salt Lake City
I've been doing a lot of reading and learning on the site about mobile home park investing and ownership over the last couple months and am now looking forward to getting into my first park. I'm 40 years old and looki...
Wesley Thompson
Maryland Mobile Home Park Acquisition
I'm looking at a small MHP, 6-Units, in Maryland. It will be my fist MHP and commercial property. It's a small market about 30 minutes away from a small city in MD. pp=$305,000
4 of the 6 units are occupied at $850/m...
Steve F.
Deal Analysis & Due Diligence - Questions
Hi folks,I was wondering if I could get some thoughts on a deal I have under contract, and also some guidance on due diligence.I just put a park under contract in the Buffalo, NY area, with the following metrics:Price...
Sanford Myers
Tiny Mobile Home Park
I have an opportunity to purchase a small mobile home park with 3-4 pads. There is currently only 1 mobile home on the property. It is a 1973 12 x 66 3 BR, 1 Bath that basically needs to be gutted. It needs new floori...
Jonathan Orr
Parking Lot Underwriting
Hi BP, have an opportunity to acquire a retail asset and attached parking lot. In the investigation I have determined that because of the area, the parking lot can be a source of revenue. However, I have never unde...
Devryn Rikhoff
Should I buy my mom’s house?
I’m 19 turning 20 in December. I want to invest in a small mobile home park, but I only have 10k and only have a couple people that i believe would invest with me. So should I offer my mom some money to buy her house ...
Roland Brown
Preparing to do my first deal
I've been paying off bad debt from a failed business for 4 years and think I'll be clear in the next 6 months.
I'm ready to start investing in real estate, I've been reading as many books on the subject as I have ti...