The New Investor's Guide to Owning a Mobile Home Park

The New Investor's Guide to Owning a Mobile Home Park
Title The New Investor's Guide to Owning a Mobile Home Park PDF eBook
Author Laura Cochran
Publisher
Pages 250
Release 2013-08-15
Genre
ISBN 9780984243532

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The New Investor's Guide To Owning A Mobile Home Park: Why mobile home park ownership is the best investment in this economy and step by step instructions how to acquire and manage a profitable park Multi-park owner and manager of her own mobile home parks, Laura Cochran, believes that owning a mobile home park is the best investment and attainable for anyone who wants to add a mobile home park investment to his or her portfolio. "Purchasing a mobile home park is in my opinion, and based on my own twenty-two years of real estate and mobile home park investing, the best alternative investment for the serious investor. I think every investor should own a mobile home park, and here is why: -Low to zero vacancy rate -Steady monthly income -Predictable monthly cash flow -Good return on investment -Investor has control over cash flow and vacancy rate -Additional opportunities to increase cash flow through rent raises and eliminating utility bills via pass-through billing -Mobile home parks hold their market value and appreciate in value -There is always a demand for affordable housing found in parks -You retain your initial nest egg that you purchased the park with - your investment dollars are in tact This purchase of The New Investor's Guide To Owning A Mobile Home Park takes you through 25-Chapters of step by step instruction, and includes SIX FREE MONTHS of unlimited park browsing on our exclusive mobile home park website www.mobilehomeparkinfo.com as detailed in Chapter Three. Wishing you every success with your continued investing ventures as you research and discover the possibilities of adding a mobile home park to your investments." -author Laura Cochran This Mobile Home Park investor's guide contains the following 25 chapters: Chapter 1 W.O.W. WORKING FOR YOUR MONEY, OWN YOUR OWN BUSINESS, YOUR MONEY WORKING FOR YOU Chapter 2 TYPES OF PARKS Chapter 3 WHERE TO FIND PARKS FOR SALE Chapter 4 WHAT MAKES A PROFITABLE MOBILE HOME PARK: CAP RATES AND CASH FLOW Chapter 5 FINANCING: HOW CAN YOU AFFORD A MOBILE HOME PARK? HOW CAN ANYONE? Chapter 6 GETTING STARTED: INTERVIEWING BANKS Chapter 7 SETTING UP YOUR BUSINESS: THE VALUE OF A CORPORATE VEIL Chapter 8 YOUR PROFESSIONAL CIRCLE Chapter 9 BUYING VERSUS DEVELOPING Chapter 10 QUESTIONS TO ASK BEFORE BUYING A PARK Chapter 11 WHY ARE THEY SELLING? WHAT CAN YOU FIX THAT WILL MAKE THIS PARK PROFITABLE? Chapter 12 CONGRATULATIONS- YOU BOUGHT A PARK! Chapter 13 MANAGEMENT: WHO IS GOING TO MANAGE YOUR PARK FOR YOU? Chapter 14 TIME-SAVING SOFTWARE Chapter 15 GO AWAY... AND STILL MANAGE YOUR PARK Chapter 16 PAY YOUR OWN BILLS Chapter 17 UTILITIES Chapter 18 PARK RULES Chapter 19 BE STRICT Chapter 20 COLLECTING RENT Chapter 21 NOTICES: WHAT HAPPENS WHEN TENANTS FAIL TO PAY RENT Chapter 22 GOING TO COURT: FED'S AND TRIALS Chapter 23 PROBLEMS IN YOUR PARK Chapter 24 KEEPING YOUR PARK FULL AND PROFITABLE Chapter 25 STEP-BY-STEP INSTRUCTIONS: CHECKLIST FOR BUYING YOUR MOBILE HOME PARK

The Mobile Home Park Manifesto

The Mobile Home Park Manifesto
Title The Mobile Home Park Manifesto PDF eBook
Author Glenn D Esterson
Publisher
Pages 308
Release 2019-12-13
Genre
ISBN 9781673921922

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The mobile home park industry might be the last thing you ever thought of investing in. It likely wasn't even on your investment radar until the last couple of years. The MHP niche is one of the last real estate verticals that still has all the right fundamentals for a highly profitable situation. If you are looking for a painless, brainless, easy-peasy investment, you might want to return this book and get a refund. MHP investing is not for the faint of heart and many have lost in this game, but many more have made millions in a very short time by following some simple yet uncommon rules.Achieving near 20% returns in year 1 happens every day, in year 2 north of 30%, and final exits can be more than 3-5 times what you have into it in just a few years, if done properly. The risk exposure however is high and often you will need to bring a good amount of capital above and beyond the purchase price of the park to fix all the deferred maintenance and the general "ugly" on your new investment.It is my goal that this guide provides readers with useful and actionable insight to operating a mobile home park. This book has been created for simply one thing, to help you be more successful in the MHP world. I know I wish I had a book on it when I bought my first park in 2004 because I probably wouldn't have purchased that particular park.I have been a salesman for nearly my entire life, starting in grade school. I would buy candy at wholesale prices and sell those gumdrops and lollipops to my fellow students for above retail value. As an adult I have been a mobile home park owner and operator, a commercial real estate broker for nearly two decades and a lifelong entrepreneur. I have had successful businesses in Shiitake Farming, Cannabis industry, Direct investments and traditional property management in some of the hardest hoods in the south. I have found my purpose through helping others achieve financial freedom by being the best advisor I can be. I have helped countless clients acquire and dispose of their investment vehicles over my career and take pride in being one of the most informed brokers in my industry.If you are thinking of entering the MHP world or if you are already well-immersed in the industry, I want to help you. I want to see you succeed. I want to help you achieve financial freedom. I want to be so useful to you that I am your first call for anything MHP related. I have been through more transactions, more market cycles and more ups and downs than your typical commercial broker because I am not your typical broker, I am a tried and true advisor for the MHP industry. By the end of this book you should have a more comprehensive understanding of the industry, the tools to navigate the industry and the know-how on implementing winning strategies from the start. There is a steep learning curve in this business, and I aim to help you achieve a stable footing in what is currently the wild west of real estate.It is not too late to still get a good deal. The industry is still ripe for the picking if you know where to look and how to negotiate. Don't be tricked to jumping in to just any deal as all deals are not created equal. The information in this book should help assist you in becoming able to confidently evaluate a deal and recognize the opportunities and pitfalls of each deal. And, if you still need more help, please do not hesitate to call me for no-nonsense guidance. The advisory services I provide are free so don't be afraid to contact me. Like I said earlier, I want to be so useful for you that I am your first call for anything MHP related. Good luck and good hunting!

The Insider's Guide to Real Estate Investing Loopholes

The Insider's Guide to Real Estate Investing Loopholes
Title The Insider's Guide to Real Estate Investing Loopholes PDF eBook
Author Diane Kennedy
Publisher John Wiley & Sons
Pages 213
Release 2010-12-03
Genre Business & Economics
ISBN 1118040406

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Increase Your Profits and Lower Your Tax Bill with Tax Loopholes for Every Investor The Insider's Guide to Real Estate Investing Loopholes reveals all the best and most effective tax loopholes that successful real estate investors use to maximize their profits. Completely updated with over fifty percent new material, this Revised Edition also covers all the new tax laws, and features new and updated case studies and examples. Real estate is probably the best investment money can buy, in part because there are so many profit-maximizing tax loopholes that directly benefit real estate investors. In this practical and straightforward real estate classic, bestselling authors Kennedy and de Roos show investors how to increase their investment profits and use real estate as a legal tax shelter. Inside, you'll find practical guidance and trustworthy advice on: * Tax loopholes that turn your home into a profit center * Tricks for using your vacation home as a tax-savings investment * Real estate investment strategies for taking advantage of international tax laws * Creative cash flow techniques for increasing your investment's profitability * How to cut taxes through the 1031 tax-free exchange, pension funds, real estate loss deductions, homestead exemptions, and joint tenancies * Real estate pitfalls and how to avoid them * And much more

Robert's Guide to Commercial Real Estate Investments

Robert's Guide to Commercial Real Estate Investments
Title Robert's Guide to Commercial Real Estate Investments PDF eBook
Author Robert A. Morse
Publisher TheLoanLine.com
Pages 201
Release 2008
Genre Business & Economics
ISBN 1432719319

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Top Commercial Real Estate Secrets Revealed! Over the years I have looked for books on commercial real estate investing. I have discovered there are very few published. There are even fewer with substantial practical and technical content. This is a big business with lots of players but still very little information seems to be printed. The intent of this book is to fill a gap and to give you the basics of Commercial Real Estate Investments from an insider's point of view. This book is written to be useful, informative, and easy to understand. It takes an honest and straightforward approach. I am writing it in the hopes that it will arm you with basic information and dispel some common myths about commercial real estate investments. My intention is to provide you with knowledge and honest opinions that should provide a solid foundation to start working from. This can save a lot of wasted time at the beginning of your commercial real estate investment endeavors and help you on your way to making money.

The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom

The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom
Title The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom PDF eBook
Author Justin Donald
Publisher Sristhi Publishers & Distributors
Pages 280
Release 2022-02-10
Genre Self-Help
ISBN 9390441358

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We all want to make more money, that too with minimum effort and without too much hassle. Ever wondered what life would be like if we had a simple, proven system to create cash flow and generate real wealth with little risk or complexity? This book helps you: • Manage your finances better, by directing you to a well-structured plan • Reduce investment-related risks • Create a sturdy cash flow • Streamline passive cash flow to multiply your wealth Get set to live life on your own terms, and fulfil all that you aimed to achieve. "Warren Buffett of Lifestyle Investing." – Entrepreneur Magazine

Commercial Real Estate Investing For Dummies

Commercial Real Estate Investing For Dummies
Title Commercial Real Estate Investing For Dummies PDF eBook
Author Peter Conti
Publisher John Wiley & Sons
Pages 407
Release 2022-03-29
Genre Business & Economics
ISBN 1119858518

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Make your money work for you with sound commercial real estate investment strategies If you're looking for more detailed advice on the commercial real estate market than, "Buy low, sell high," you've come to the right place. Commercial Real Estate Investing For Dummies is where you can find the smart, straightforward, and accurate info you need to get your start—or grow your portfolio—in commercial real estate. You'll learn foundational strategies, tips, and tricks for investing in all sorts of commercial properties, from apartments to shopping malls. You'll also get rock-solid advice on: How to get started in commercial real estate investing, even if you've never tried it before How to work with business and investment partners and protect your own interests with contracts Financing your investments with a variety of instruments and taking advantage of legal tax opportunities Growing wealth by investing in real estate is a strategy as old as money itself. Do yourself a favor and get in on the action with this straightforward and up-to-date guide!

How to Invest in Real Estate

How to Invest in Real Estate
Title How to Invest in Real Estate PDF eBook
Author Brandon Turner
Publisher Biggerpockets Publishing, LLC
Pages 280
Release 2018-10-31
Genre Business & Economics
ISBN 9780997584707

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Over the many years that we've been serving real estate investors, one of the most asked questions on our site has been, "How Do I Get Started in Real Estate Investing?" New investors will love the fundamentals and even experienced investors will appreciate the high-level view of strategies they may have never even considered. Don't let some guru tell you what the right path is for you. Read How to Invest in Real Estate and see all the paths in one place, so you can make the best choice for you, your family, and your financial future. This book will help new investors get a firm foundation to build their investing business upon. With topics ranging from how to gain a solid real estate education, real estate niches, financing, marketing, and more, this book is truly the definitive guide for helping new investors learn the ropes.