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Mobile Home Park Investing

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Rina Amir
  • Investor
  • Sunnyvale, CA
9
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39
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Investing while holding on to your day job and how often to visit property

Rina Amir
  • Investor
  • Sunnyvale, CA
Posted Jun 14 2015, 10:40

I would love to hear your actual experiences regarding the physical process of investing in MHPs. Before submitting LOI you need to visit the property. How do you handle it when investing out of state AND holding a day job? How many times do you visit the property during due diligence? I understand that once you own it you probably need to visit at least every other month or once a quarter. But how many times is it best to see the actual place while investing. Unlike single family houses Google Earth is not helpful here. We've invested in TX in single family houses without even traveling there with just our property manager reporting to us but this is way different.

I really would appreciate if anyone can share personal experience of investing in MHPs while holding on to your day job. Thanks. 

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