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I a mobile home investor and I'm currently thinking of buying a mobile home park. I've talked to a park owner who's looking to sell. He has a park with 7 lots, 1 vacant lot, 6 with homes 4 park owned homes 1 is vacan...
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Hello All,Looking into the viability of purchasing a park (minimum of 100 spaces) as an investment, looking to see if anyone would be willing to provide some good info about their operating expenses on a yearly basis....
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Today, after much hassle and many lessons learned, I sold my first mobile home. I never would have even considered mobile homes as a viable investment if it weren't for John Fedro. Thanks John!here are the numbers: pu...
Hi all! Just wanted to post about our busy Friday. We had two parks that closed today. There are still a lot of great value add buys in the market place . Each one was about 30 units , all city utilities (water an...
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I am in the process of separating the house into 3 units. My realtor found me a heck of a house for easy dividing up into 3 units. I will have 2 one-bedroom suites and 1 two-bedroom suite. All will have a kitchen. Hop...
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Hello All,My name is Rob Palladino. I am an architect in Philadelphia, who’s client base is made up largely of real estate investors. It goes without saying that when you see that type of success on a daily basis, it ...
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In my regular non-mobile home park properties I charge for late rents. Do any of you mobile home park owners and operators charge for late rents or not?
Thanks!
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Hi All, thanks in advance for the feedback. On a 1 BR duplex, Is garage conversion to make a second bedroom a viable option to increase rent and ARV? Thx, Bruce
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I recently purchased a duplex, a inherited a tenant. In his current lease it stats that he is not allowed to smoke in the building. But during my inspection and walking of the place prior to close I can smell the stro...