22 Years Old - Looking to get into MHP Investing

[Aideen Makky]

Hi there,

I am looking to get into MHP investing, I have saved up a quite a bit of funds from selling houses.

Is there anybody (preferably in SoCal, but not a big deal) that is in the MHP space, either a broker, or an investor, that can help provide some guidance & would be interested to connect?

I am young, hungry, and willing to do whatever it takes. Happy to cold call lists as well to try and find deals- but just need guidance from somebody.

I am located in Irvine, California.

[Roger D Jones]

Aideen

Certainly, there are many on this site who can assist you as you venture into MHP investing- myself included.  I would also encourage you to go to MobileHomeUniversity.com and visit the forum page.  Thousands of questions have been covered and discussed in this forum that you can read casually or do deep dive topic searches on.  They also offer a "Mobile Home University Boot Camp" that will provide you a wealth of information.  Great place to start as an investor.  

Furthermore I would encourage you to ponder what type of investor you want to be.  Do you want to be more hands off with just a TOH (Tenant Owned Homes) park or are willing to get in the weeds a bit more with POH (Park Owned Homes ie rentals) park or even maybe a mix of both.  MHU will proffer only the TOH type of park (less hassles, easier to manage, etc) but there is potentially bigger returns if you are willing to deal with POH rentals.  

Lastly large private equity investment groups both national and regional have been gobbling up all the 100% TOH parks so to get in now it is a bit tougher and you may have to be willing to bite into some POH or Mixed parks.  

Good Luck and let us know if you have any questions.

Roger

[Jordan Moorhead]

@Aideen Makky go to @Frank Rolfe's MHP Bootcamp!

[Rene D.]

Welcome @Aideen Makky!

I am local to you if you want to connect just DM me.

[Jeff Flynn]

MHPs can make for fantastic investments.  There are a ton of Mom & Pop owners that are free and clear on their parks.  That creates a great opportunity to get seller financing on your first deal which is especially important now with rates where they are.