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All Forum Posts by: Dustin Moreland

Dustin Moreland has started 1 posts and replied 2 times.

Post: Buying a Mobile Home Park

Dustin MorelandPosted
  • Posts 2
  • Votes 1

I am interested in mobile home parks.

Are they a good investment?

Long term or short term?

Other than your normal rent roll what other info would I be needing to look at?

I have read a couple different things about-

Owning the mobile instead of just owning the lots?

Possible for owner finance on some.

Thoughts?

Just closed on 12 units and we created an LLC with operating agreement for my partner and I. The LLC bought the units. Plus we each have our own LLCs.

For us is was easier to do it this way so it is separated from our personal items.