All Forum Posts by: Ryan Roberts

Thanks for all the input guys, sorry Ive been absent, very busy lately. As far as the vacancy rate and all the specifics, Im still trying to set up a meeting and determine these things. I am a little worried because all of the parks in the area seem to be for sale which makes me wonder if there is something that I dont know that the sellers do? Thanks Ken for the very informative and detailed reply, I would definitely like to hear the names of some of the people you are talking about. I drove around and looked at these parks and they do not seem to be in very good shape, nor has any upkeep been done lately. Probably a bad sign.

So the less involvement , high return thing is a bit of a pipe dream for me then? At least the way it is now?

Good advice, so you are moving away from MHPs for MF units?

Yes, the trailers are old, metal units. also around here rents are ridiculous, a 200k duplex 3bd, 2ba with garage will rent for 500 a side. No money there! So this has pushed me to considering MHPs. Thanks for you input on the questions to ask. I will update as I find out answers.

Hello, everyone, newb here, Ive been trying to find a good property to invest in but around here and I assume everywhere, people think junk is gold. Ive found a MHP on 10 acres close to the interstate and retail, zoned commercial. City sewer and utilities, so no septic! 56 units, 11 owner units-part of the 56. I would sell these with owner financing. price is 450K. I know i need rent rolls, taxes etc. What else would you want to know? I should also say lot rent is around 200$, up to 320 at the really nice parks with clubhouse, landscaping etc.