• Local Trends: Watch for changes in the area like major employment shifts and construction projects. • • Ghost Ads: Post fake ads before purchasing a community and gauge your activity. This gives you an idea of the rent amount and general demand. • Comparable rents: Analyze rental listings in your area for similar properties (size, location, amenities). Look for recently rented units to get the most accurate picture. • • Rental listing websites: Utilize platforms like Zillow, Trulia, Craigs List, (In Utah, KSL), Facebook Marketplace, or Rentometer to search for comparable rentals and analyze rental trends. • • Local property management companies: Contact local property managers for their insights on current rental rates in your area.

These are great topics. I will work through them.

@Logan M. hope you keep posting! Some additional posts for your series: How you ID potential purchases? How you find the actual owners and get past their registered agents? How do you get them to accept seller-financed offers? What discovery terms do you put in your offers? What are the typical challenges after you close on a new purchase?

Not sure, I imagine every state is different.

Zillow and Facebook Marketplace. We have had a lot of success with those two sources.

@Logan M. I hadn't thought of Zillow although I've had great success renting my units with it. Is there a cost or a risk of them seeing it not being real?

@Logan M. what are your favorite places to post test ads?

Updated over 1 year ago on 03/01/2024. Most recent reply

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Logan M.Poster

Investor
Provo, UT

Mobile Home Park Investing

How do you find out rent in a new mobile home park during Due DIlligence

Logan M.Poster

Investor
Provo, UT

Posted February 27, 2024 12:35

Local Trends: Watch for changes in the area like major employment shifts and construction projects.
Ghost Ads: Post fake ads before purchasing a community and gauge your activity. This gives you an idea of the rent amount and general demand.
Comparable rents: Analyze rental listings in your area for similar properties (size, location, amenities). Look for recently rented units to get the most accurate picture.
Rental listing websites: Utilize platforms like Zillow, Trulia, Craigs List, (In Utah, KSL), Facebook Marketplace, or Rentometer to search for comparable rentals and analyze rental trends.
Local property management companies: Contact local property managers for their insights on current rental rates in your area.

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How do you find out rent in a new mobile home park during Due DIlligence

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