I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...

Is there a size level where a MH Park investor should hire a resident manager?

If I still work a full time job, one where I can't really just leave anytime someone's water line breaks, or complains about a loud nei...

I am running the numbers for a deal I found near me, mostly as a thought experiment.  Below is an image of the deal with actual numbers.  Closing costs, rehab, and financing terms are a guestimate.The seller owns 15/2...

Hoping to tap into the vast experience of BP to get some real world knowledge. In my very limited research into MHP, specifically screening parks to make offers on, I keep hearing a number of successful park owners (J...

Hi everyone! I'm a noob looking to get my feet wet. I have a job that I like, but I really want to be able to become financially independent like most of you. Who wants to hold my hand and show me the ropes? 

In the face of a transforming housing landscape and tightening availability, California has embraced Accessory Dwelling Units (ADUs) as a beacon of opportunity and practicality. Bolstered by state laws, cities, and co...

I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...

How do you think COVID-19 will change the average rents in an area? Will it be pushed down or up? By what percent? How would different property classes see the rent change? (Class A vs Class C). What would be the imme...

I'm looking to buy a house which I can rent out the main house and live in the guest house myself. I see these types on houses in California but I have not found any in Florida. Do they exist in Florida? if so in whic...

I'm evaluating two mobile home parks with about 70 pads between the two. Both properties have separate electric & water meters but the property is on septic systems. I'm not familiar with septic systems. What are ...