Sep 23, 2010
When buying a mobile home park, you want to make darn sure that the facts regarding the property are exactly as the seller has portrayed. This is known in the real estate biz as performing your “due diligence.” In layman terms it means conducting the appropriate...
Sep 17, 2010
New owners of manufactured home communities can’t be blamed for being optimistic. They may own a 100 space park and only half are filled at purchase (not good) but are certain it will only be a short time until occupancy is full. At MHP Listings, we’re big...
Sep 8, 2010
If you have vacancies in your mobile home park, it’s time to get serious about local marketing via the internet. Marketing to the world is easy but doesn’t exactly make sense with your business. Chances are, you’re not going to convince that family...
Sep 7, 2010
Actually self storage hasn’t been a sleepy little industry for quite some time but it has managed to fly a little below the radar when it comes to headline space. Believe us, serious real estate investors know about self storage. To give you an idea of how many...
Sep 7, 2010
Would you like to make $100,000 in the next 12 months? Anyone (almost) can buy a mobile home park but can you make it cash flow positive to the tune of $100,000 during the first year of ownership? Of course you can but it can’t be just any old park with any old...
Sep 6, 2010
Investing in self storage units can be an excellent strategy for making money in real estate. Maybe the best of all when it comes to return on investment. The Big Decision is whether or not you should build your own facility or look for one to buy. Let’s back up...
Sep 6, 2010
Restraint of trade laws are intended to prevent parties from entering into contracts that tend to stifle or reduce free trade competition. Mobile home parks may be one of the last remaining strongholds where the accepted method of doing business absolutely impedes...
Sep 4, 2010
The post World War II Baby Boomer generation has rolled through the decades like a large wave, causing economic and social changes from its sheer number of people – almost 80 million strong. Self storage investing is likely to spike as another large life event, death,...
Sep 4, 2010
As with almost all things in life, there is a right way to do mobile home financing and a wrong way. For the sake of discussion, let’s assume that you’re interested in purchasing a mobile home park that actually makes money. To some extent, you will be...
Sep 2, 2010
If it has been your lifelong dream to convert that old garbage truck in the back yard to a luxury mobile home before anyone else had the idea – too late. It’s been done now. This portable living pad is not screaming with extra space but could do in a pinch....
