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Updated over 5 years ago on . Most recent reply

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Lucas Brownlee
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5
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I own a small mobile home park

Lucas Brownlee
Posted

my plan is to try to expand at a slow rate and pay down the mortgage at a fast rate, I also want to buy another mobile home park within a few years

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131
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66
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Rudy Avila
  • Rental Property Investor
  • El Monte CA
66
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131
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Rudy Avila
  • Rental Property Investor
  • El Monte CA
Replied

There are over 40 thousand mhp's. If you do the math on home much you are going to spend on infrastructure, home buying, moving, setting up, fixing up homes, selling probably holding the note on the homes ect cost go on and on, I assume it will be cheaper to buying another mhp with leverage, in city with much greater population and job growth, with city water and city sewer which are the majority of mhps.  

  • Rudy Avila
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