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Updated over 1 year ago on . Most recent reply

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737
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620
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Logan M.
  • Investor
  • Provo, UT
620
Votes |
737
Posts

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

Logan M.
  • Investor
  • Provo, UT
Posted
  • 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.

Most Popular Reply

User Stats

737
Posts
620
Votes
Logan M.
  • Investor
  • Provo, UT
620
Votes |
737
Posts
Logan M.
  • Investor
  • Provo, UT
Replied
Quote from @Michael Smythe:

@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?


 These are great topics. I will work through them.

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