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Kind of excited! New deal, new park. AGAIN!! This is ANOTHER park that initially told us they didn’t allow “flipping” in the park. Nicely, we don’t take no for an answer. We (Dixie) and I made an offer on a unit in the park. Talked to the manager and said…
Mobile Home Parks And Recessions: A Primer Many economists predict a national recession will occur in the next few years – some think as soon as 2020. As a result, any investor should consider the implications of this economic event and the impact on their funds as a result. We…
Investor Checklist When investing in a mobile home, the main thought running through every investor’s mind is “what will my return be? Can I be sure to make a profit on this property?” Although several factors affect the final number, one thing must never be overlooked: Know the property’s current and After…
There are 3 different types of mobile home ownership.. Just like anything else, there are several approaches and schools of thought when it comes to mobile home real estate investing. This article from Rental Property Owners Association really does a great job of explaining all three types of mobile home…
10 Proven Steps to Optimal Lead Generation What do all successful entrepreneurs in mobile home investments have in common? They’ve mastered how to create a booming marketing plan: generating quality leads like clockwork. According to this article written by Paul Esajian, successful real estate investor and co-founder of FortuneBuilders, there…
High rental prices are itching their way up.. However, in an economy where cost of living continues to increase and wages seem to lag behind. More and more people are looking for more and more affordable housing. According to this article from ABODO, rent for a 1 bedroom apartment is…
A quick contractor nightmare story: This is a Real World, “In the Trenches” story. I was working in a new (to me) park that required contractors to be licensed. Some parks require and check on that, some don’t. This one did. My regular contractor was on 2 other jobs already.…
Being a landlord has its many challenges! Sometimes we buy, fix and flip mobile homes and we’re done with them. Other times we sell on payments. When selling on payments, of course, we want to be sure that the home is maintained. But, we can’t control what the tenant buyer…
What you can get in every state for the price of a California Home? Go Banking Rates put out a great article that shows exactly what you can get in each respective US State for the price of a California home. They note that in most major cities across America, you…
Believe me, there are PLENTY of places you can underestimate: cost of the home, time it takes to do the renovation, time it takes to close, time it takes to sell…the list goes on and on. Some areas are more risky than others when it comes to time estimations, but…
