I have organized what I believe to be some very valuable information and relationships about the economy and real estate, and will be posting updates about the San Francisco Bay Area marketplace here periodically. I s...
I'm quitting my real job after 40 years of the rat race and want to supplement my retirement income with real estate investments. I'm considering buying a mobile home park. Any ideas on that? Also I would appreciat...
Is there a minimum lot count you should start with on your first deal? I've got a lot of mom and pop parks in the 20s in my area. Also is there a simple analysis/formula to use when analyzing a smaller park, is 1% rul...
I know home warranties work for my condo rental properties. But do they work for park-owned mobile homes/manufactured homes?
Thank you!
Hi all,
My name is Colin and I am a 24-year-old software engineer working remotely from Brooklyn, NY. I have always been interested in owning property and the potential cash flow of renting it out, but always felt...
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...
I want to buy an rv park. I want to find investors. I want to know how to assess it, fund it, recruit investors and how to split proceeds etc. Please share your knowledge! I want to learn!
This is where I am, in my investing:I currently own a mobile/rv home park 16 spaces/units. Its grossing around 8k a month. I am closing on a foreclosure in the next week or so, that I paid 78,500 for it. As of right n...
Looked at a park in Wilkes county ,N.C. ( 9 units) very rough shape. current owner has let tenants live on the cheap if they take care of their own repairs. of course tjis has lead to deteriation of every home in the ...