Creating value and making money with mobile homes on private land (not inside pre-existing mobile home parks) is not typically a real estate niche that many investors consider pursuing. For this and other reasons, this niche can be super lucrative. Here’s how!
While this article will not discuss a script or technique to introduce yourself, I’ll be aiming to provide an understanding of what to accomplish before, during, and after dealing with mobile home park managers.
If the state you are investing in asks you to become a licensed mobile home professional, then the process will vary slightly from state to state.
By the end of this article, you’ll be able to better understand mobile home differences—which can save you time, energy, frustrations, and money.
While markets and mobile home communities can differ in various markets across the country, there are still some common themes. Here’s what to expect.
Reputations go a long way in this business. Here’s what not to do if you plan on being a successful mobile-home investor.
An active mobile home investor performs vital roles within a mobile home community when that community is facing a host of issues.
Who pays the back lot rent? It is important to understand how parks operate with regard to collecting this back due amount.
Mobile home investing can certainly seem unorthodox or unusual if you’re new to this type of investing. Let’s dive into some of the details here.
Whether you’re selling a mobile home to a senior, renting it out, or even buying a mobile home from a senior citizen, there are best practices to adhere to.
Let this story be an example for us all. People can agree to almost anything—but contracts need to be there when those agreements don’t hold up.
After 15 years of investing in—and rehabbing—mobile homes, I’m still searching for the ideal contractor/handyman. Here’s what I’ve learned along the way.
After a home has been lived in for years and possibly decades, some problems and repair issues may arise that you will want to notice as an investor.