Skip to content
Mobile Home Park Investing

User Stats

62
Posts
37
Votes
Harold Anderson
  • Investor
  • Hubbard, OR
37
Votes |
62
Posts

Renting a mobile home in a 55+ park

Harold Anderson
  • Investor
  • Hubbard, OR
Posted Oct 27 2014, 12:30

that doesn't allow rentals in Oregon.

I'm looking for a way to take advantage of a nice, older single wide MH in a 55+ park.  I talked to the manager this morning who said they don't allow rentals in the park.

The owner was an older woman.  Her son moved her out of the MH into his home, telling the manager that he would agree to pay one month rent and, if the MH didn't sell, he would donate it to the park so he wouldn't have to pay rent beyond that.  The manager told me that he's not interested in managing a rental.  We talked about different alternatives.  I became aware that they did bend the rules in other areas.  The owner is new and is looking for ways to increase his income so I doubt that he'd want to see a space vacant while they renovated the MH to rent it.  

I'm considering returning and suggesting a solution to their problem is that they bend their rules.  In exchange, I'll take over payments of the space, renovate the MH, and rent it to tenants who meet their approval.  I'll agree to keeping the home to their standards at a minimum.

I've also considered buying it and moving it to a different park.  The manager addressed this saying that no mover would move the MH because of it's age.  

Does anyone have other ideas as a solution to this problem that I can get a MH very cheap but can't rent it out or move it (and is there really a problem with moving an older home?)?

Loading replies...