• IT Can Always Be Done BETTER

    Better

    Every time I hear someone say there are no good real estate deals, or no opportunities left, or lack of financing, or they missed the buying opportunity, or blah blah blah, I want to bang my head against the wall! Don’t listen to the naysayers who say “It will never work, it’s already being done…Why […]

  • Buying a Mobile Home Park? Use These Websites!

    find

    Where to find Mobile Home Parks to Buy?     Finding that diamond in the rough is very tough! It takes hours and hours of searching, calling, filtering, and making offers to find just one mobile home park that fits the bill.   We wanted to give you a list of the websites we use […]

  • Our Mobile Home Park Buying Criteria! Bring Us the Deals!

    Deals

    Over time we have received a lot of questions from bird-dogs and wholesalers on what type of properties we are looking to buy. Well, because of that we wanted to outline what we are looking for and buying. We think these relationships are ideal and cr eate great partnerships in the mobile home park business! […]

  • Forced Appreciation in Mobile Home Parks

    MHP-Money

    Investing is always either cash flow, appreciation, or both. Throw in tax breaks and tax consequences in both strategies, and you have real estate investing broken down to it’s simplest form. All of an investor’s projections, future returns, work involved, rehab time, turn-around time, management exposure, closing dates, financing options, etc., play directly off of […]

  • How to Rent or Sell Mobile Homes….

    mh

      One thing we must do to keep our mobile home parks full and operating on a high level, is to fill park owned homes quickly, and with the best possible tenants, as soon as they become vacant. So here is what we do.   Stay Ahead of the Vacancy! If things are not going […]

  • Mobile Home Park Rent Management Software!

    Rent Honcho

    As you begin to grow your mobile home park portfolio, you will start to look for ways to streamline your processes. The very best way to streamline your accounting, records, schedules, tenants, vendors, employees, parks, and time is with a great rent management software. Enter:  www.renthoncho.com. Rent Honcho is almost like it is geared towards […]

  • CASHFLOW – The Lifeblood of your Mobile Home Park Business

    Water tap dripping dollar bills, Water waste concept

    CASH FLOW – The Lifeblood of your Mobile Home Park Business   Cash flow is defined as the movement of money in and out of your business; these movements can be called inflow and outflow.   Inflow for you park only comes from lot rent, home rent/sales/notes, and possibly sales of goods or services to […]

  • How To Choose the Right City To Buy Your Mobile Home Park In

    City

      The biggest factor in buying a successful mobile home park is Location, Location, Location. The location, and demographics of the area you buy your park in makes, all the difference in the world. Besides possibly park infrastructure problems, and private utilities, there is not another single factor that will bring you down as quickly […]

  • 5 Great Reasons for Month to Month Leases

    leases

    5 Reasons to Use Month to Month leases in your mobile home park.   Rent Increases- With a month to month lease, you have much more control over the frequency of your rent increases in your park. You are not tied into a rent amount for the standard 1 year term. Most states require 60 […]

  • SECTION 8 RENTALS

    Section 8

    Should you implement Section 8 Rentals? That is the question. Let’s focus on some good things, and not so good things about Section 8.   Advantages Checks on Time- With Section 8, it is impossible to beat the checks rolling in every month like clock work. By far the best advantage of Section 8. Tenants […]