Updated over 3 years ago on . Most recent reply
First time builder of trailer park
Hi, I have around 40 acres of property in Southeastern Kentucky and I want to start a trailer park. I don't have extra money but I have the property, what is my best course of action to find an investor? I have a partner and we are ready to go. I have a place to buy trailers very cheap and we are going to refurbish them on our own. We can get everything settled at around 10 to 14,000 per trailer. Thanks for any advise!
Most Popular Reply
Just because there are trailer parks around does not mean that your county/municipality will allow a new one to be constructed. Those other parks are either permitted and will continue to be "grandfathered" or they are illegal and at risk of being shut down. Its imperative to check with your local government to see about the permitting process before moving any further. Any investor will require proof of this.