Curt SmithPoster
#5 Mobile Home Park Investing Contributor
#5 Mobile Home Park Investing Contributor
- Rental Property Investor
- Clarkston, GA
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My first MHP, need a jump start on the park inspection issues
Curt SmithPoster#5 Mobile Home Park Investing Contributor
#5 Mobile Home Park Investing Contributor
- Rental Property Investor
- Clarkston, GA
Hi, I'm going to buy a park this year if not soon. I'm working with a M&M broker who forwarded a decent unlisted deal near Atlanta. mostly park owned rentals 15% lot rent, individual septic per pad. This is the bad part. City water and master meter and meters on each pad. So park owned piping...
I will buy the Mobile Home University Due Diligence training.
Just haven't digested it yet.
I'll need tips re writing the LOI if not an example in a few days.
Will keep this thread abreast of the details.
Most Popular Reply
I strongly recommend you use a contract and not a LOI. As an owner, I just ignore letters of intent. If someone is serious, in my oppinion, they write a contract and a check.