In today’s economy, affordable housing is the way to go. But affordable housing isn’t always easy to find! However, there is one type of residence that is guaranteed to be way cheaper than any other, and that’s a mobile home. Because mobile homes are so affordable, mobile home parks make a great investment. Mobile home …
What Mobile Home Park Living Means for Investors Read More »
A mobile home park is a great investment and of interest to many investors. Finding a buyer for your mobile home park is the most important first step. Owners don’t have to deal with a lot of maintenance costs since tenant owned homes are privately owned, there’s low turnover and they provide affordable living making …
Three Options For Finding a Buyer for Your Mobile Home Park Read More »
When thinking of real estate investing, most people think of owning residential properties they can sell or rent out for a profit. However, there is one type of investing that isn’t as obvious. Therefore, it’s not as competitive, yet it’s still highly lucrative; and that’s investing in a mobile home park. For the most part, …
Starting Off with Investing in a Mobile Park Home Read More »
Many investors agree, if you’re looking for a great investment, mobile home parks (MHPs) are the way to go. 5.6% of the population (that’s over 17 million people) live in mobile homes in the United States. What’s more, they are low maintenance, affordable and produce high returns. Here are some reasons why many investors interested …
What to Consider When Talking To Investors About Your Mobile Home Parks Read More »
If you own a manufactured home community, you want your business to be successful. There are several things you can do to keep your community running well. Most of it involves communicating with your employees and embracing change when necessary. Here are some things you will want to keep in mind to make your business …
How to Successfully Operate a Manufactured Home Community Read More »
While an open house can occur at any time of the year, the months heading into summer are usually when property owners will experience a boom. Early spring is a great time to get prepared for the visitors who will be coming by to check out availabilities. Here are some tips that will ensure your …
Getting Your Manufactured Home Community Ready for Open House Season Read More »
If you own a mobile home park, a common question that prospective renters might ask is, how long do manufactured homes last? You may feel like this is a silly question, after all, unless disaster strikes, shouldn’t all homes last forever? Well, that may be the case but the more knowledgeable you are, the more …
If you are ready to sell your mobile home park or are thinking of selling your mobile home park, now may be the best time to do so! As baby boomers start hitting retirement age, there is more of a demand for affordable housing. Interest rates are low which is another reason buyers are eager …
Things to Consider When Selling Your Mobile Home Park Read More »
When you are dealing with manufactured home community succession, there are a lot of factors at play. Things are complicated on both a financial and an emotional level. Keeping that in mind, here are some tips for manufactured home community succession. Thinking About Worst Case Scenarios When someone owns a manufactured home community, or anything …
When you own a mobile home park, dealing with your tenants can be tricky. Everyone has different personal habits. If their behavior gets to a point where they disrupt other tenants or violate the rules of the mobile home park, they can become insulted when they are told a change is necessary. If you own …
Important Tips for Handling Your Relationship with Your Mobile Home Park Tenants Read More »
