Items to record while walking mobile home park

Items to record while walking mobile home park

Pat JacksonPro Member
Rental Property Investor · Reno, NV · Member since 2017 · 284 posts · 137 votes

Here's what we have, as my partner is about to walk a park with an owner....to get more info to put in a realistic offer:

  1. Lot number
  2. Year manufactured
  3. Roof style
  4. DOT number
  5. Condition 
  6. Ownership
  7. Occupied/vacant
  8. Current lot rent
  9. Wholesale value
  10. # bedroom and bathrooms
  11. either square footage or dimensions (I don't know what the standard is here)

Any other important information regarding existing trailers?  This is a 28 lot park, the owner owns 26 of the trailers.

0Reply
20 views

3 Replies

Jump to latestLatest
  • Joshua DiazPro Member
    Rental Property Investor · Bronx, NY · Member since 2015 · 269 posts · 165 votes
    7y

    You probably already know this but it’s not listed here so I’ll mention it.

    On any trailers that are occupied, get an estoppel letter from the resident to verify what they are paying and what their lease terms are

  • Investor · New York, NY · Member since 2016 · 224 posts · 333 votes
    7y

    My suggestions:

    12.  Do the homes have skirting?  If yes, what condition?

    13.  Is the hitch still attached to the home?

    14.  Interior condition (if you can enter the vacant homes): check floors and ceilings for signs of water damage.  Check kitchen and bathroom condition.

  • Member since 2019 · 1 post · 0 votes
    7y

    What does it mean if the hitch is attached to the home or not? Does this have to do with them being able to move the home?

Join the conversationCreate a free account to reply, vote on answers and follow this thread.