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All Forum Posts by: KarLee Kearns

KarLee Kearns has started 2 posts and replied 6 times.

This is very helpful, thank you very much!!

Originally posted by @John Jacobus:

Here are a few resources that I found valuable when I was learning about the details of investing in mobile home parks:

Books:

  1. Mobile Home Park 10/20 Investment System by Dave Reynolds, Frank Rolfe
  2. Mobile Home Wealth Part 2: How to Become Even Wealthier investing in Mobile Home Parks by Zalman Velvet, Stuart Silver
  3. The New Investor's Guide to Owning A Mobile Home Parkby Laura Cochran, Erin Cochran

Podcasts:

  1. The Mobile Home Park Investing Podcast with Kevin Bupp and Charles DeHart
  2. Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
  3. Mobile Home Park Mastery with Frank Rolfe

Websites/Blogs:

  1. Park Street Partners - http://parkstreetpartners.com - This is the investment firm run by Jefferson Lilly and Brad Johnson. They focus on mobile home parks and have solid educational content on their website.
  2. Mobile Home Park Investors - http://mobilehomeparkinvestors.com - This is the LinkedIn group led by Jefferson Lilly. It's the largest group on LinkedIn that is exclusively focused on mobile home park investing.
  3. Mobile Home University - http://www.mobilehomeuniversity.com - This is the site maintained by Dave Reynolds and Frank Rolfe. I recommend subscribing to their newsletter.

I have a small amount that I am ready to invest. My partner is an electrician and we’re very handy as well. I am not to worried about fixing things up. I have started to listen to podcast and do some research. By learning the market, what is the best way to go about that? Thank you very much for your insight. I truly appreciate it! 

Originally posted by @Rachel H.:

@KarLee Kearns You may want to read a few books and listen to some podcasts about mobile home investing. Then, you'll need to make a plan. Do you need to build up cash? Or are you ready to buy and hold? When you start holding as a mobile home investor, expenses come up and unexpected items may need attention. Once you've formulated your plan, then you need to learn your market. Visit as many parks as you can in the area. Figure out which ones you like and which ones you don't. Then go from there. By far, learning the market and building a good team is the best use of your time when first starting out as a mobile home investor. Hope that helps! 

Hello everyone, I am just starting to research investing in mobile homes for the first time and I am hoping to get sent in the right direction. Can anyone give me some advice of where to start? I am wanting to start small to get my feet wet. Thank you!! 

Post: First time investor seeking advice

KarLee KearnsPosted
  • Waterloo, IA
  • Posts 6
  • Votes 1

Hello everyone,

I am just starting to research investing in mobile homes for the first time and I am hoping to get sent in the right direction. Can anyone give me some advice of where to start? 

Thank you!!