My wife and I have been mostly focused on small residential investing so far but we're considering expanding into RV parks. We've seen a trend in our area of Houston where increasingly more people are getting into RV's and RV vacationing. Anyone here experienced in the RV park sector? Any advice ...
Mobile home parks don't always get the same attention as apartment buildings.But I think investors should at least understand the opportunity.One reason I find the asset class interesting is the potential for relatively affordable housing combined with income-producing real estate.But here's wher...
Hi everyone! I'm a Fort Worth–based investor who owns two waterfront Texas short-term rentals and spends a lot of time evaluating niche real estate and small-business opportunities. One frustration I kept running into with manufactured-home communities was fragmented research. So I built a free 1...
We're looking at a park about an hour from Sioux Falls, SD. On paper, the town checks every box: average 3-bed apartment rent is north of $1,300, home prices start around $200k+, unemployment is almost nonexistent, and it's a strong local economy with a healthy business base. Population is around...
I have experience flipping houses and currently own a small portfolio of rental properties, but I’m considering a pivot into mobile homes. I have access to distressed mobile homes that can be purchased for $1,000–$10,000. A deal I’m evaluating would look something like this: Purchase: $5,000 Reha...
Seeing that this is such a tight Niche, I am curious to hear from other investors who they use for Mobile Home/Mobile Home Park financing
I’ve been spending more time learning from investors who specialize in mobile home parks, and one thing that stands out is how different these properties can be from other commercial real estate. From the lending side, there are several things I’d want to understand early: • How many total pads a...
I’d appreciate some input from those who have experience developing and infilling manufactured home communities. I currently have a new mobile home park that is fully entitled and ready to build. The construction loan has been approved, and we are ready to move forward with the buildout. I also h...
My wife and I have been looking at investing in a multifamily unit recently but the biggest hurdle has been the capital needed for those to actually cash flow. Due to that I'm considering shifting focus into mobile homes by means of buying distressed, fixing up, and seller financing/renting out a...
Hey everyone! I’m looking to start investing in either a mobile park, RV storage or a self storage facility. Looking to find the right off market deal from a mom and pop shop that will do seller finance. Any tips to sourcing these deals? Also finding investors?
Hi, I am interested in investing in MHP in upstate NY. Want to ensure I develop a relationship with a financial institution who would lend on MHP and understand their terms. What are institutions typical LTV and terms for someone who is looking to buy a park?
I won an auction with an acre of land. It has a septic and a 2001 mobile home already on it. My plan after closing is to put two more septic tanks and two more mobile homes on there. I know Allies Wholesale does 2026 mobile homes for cheaper than most, but is there a good way to finance all the i...
I have a few single family homes but my wife and I are looking to make a pivot to MHP. I plan to use my VA loan to secure the land and first mobile home. We will have to live there for a year to fulfill the VA residency requirement but we can get in for $0 down. Has anyone used a VA loan like thi...