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I'm making an offer on a park, it will be my first. Want to get feedback from the group.Here are the community statsMetro pop 280,000, up 12%since 2000, up 25% since 1990Unemployment 4.8%Median family income $53,000Me...
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Alright my fellow investors I'm in a deliema and need some advice please. I have been investing for about seven years now, I just finished my biggest project and I'm planning my next move. I have two options, build so...
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Isn’t owning a MHP where you own the mobile homes and lease them out just the same as owning an apartment complex but with the greater problems of maintenance, low end tenants, etc.? Isn’t the advantage of MHP owners...
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All:A broker I do a lot of deals with brought me an off-market Mobile Home Park. Here is the overview that he provided me:Asking Price $1,200,0009 Acres43 total approved and zoned spaces34 park owned homesMHs range i...
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After listening to all the podcasts on MHP's I am considering one to purchase. I have found a property where most of the units are park owned. I have some information on the units and ALL of the park owned units are a...
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I have a client who currently owns a MH park with 14 (park owned) MH's He is in the process of clearing some more land and will have room to add about 30 +- spots. We're looking for options for short term/ long term ...
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Hi everyone, I have a question about a chunk of land I found for $25,000. The original asking price was $49,000. He bought it 10 years ago for $32,000. There's never any appreciation in my area so I bet it's still wor...
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I am new to investing in rental and do not want to go into debt to start my rental business. I was thinking that buying a mobile home on land and renting it. Most post on here are park based and financing based. Is...
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The picture below is my smallest mobile home park community.
It isn't flashy, it isn't something I brag to my Mom about, it is a solid park that pays every month.
Many investors are drawn to this idea of buying la...
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Hello all,I am looking at all three areas (or anywhere else if you know of) and wonder if there is one that is more popular than another for renters and reasons? Thank you. I am from California. Sandra