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

Download The New Investor's Guide to Owning a Mobile Home Park Book in PDF, Epub and Kindle

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

Download The Mobile Home Park Manifesto Book in PDF, Epub and Kindle

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!

Learn To Start Investing In A Mobile Home Park

Learn To Start Investing In A Mobile Home Park
Title Learn To Start Investing In A Mobile Home Park PDF eBook
Author Macie Scudero
Publisher Independently Published
Pages 46
Release 2021-04-02
Genre
ISBN

Download Learn To Start Investing In A Mobile Home Park Book in PDF, Epub and Kindle

Manufactured mobile home park investing can certainly be a good asset for the right investor circumstances, especially when investors understand their investment needs, have taken the time to do due diligence about their target areas, and have chosen the manufactured investment homes with care. As a mobile home park owner and professional mobile home park property manager, the author will guide you through the dos and don'ts of the mobile home park (trailer park, manufactured housing) industry. He will teach you how to find the best money-making investment for you. He will help you learn how to research the economy and stability of your chosen investment location. He will reveal his secrets on how to make more money and more profits where other investors/owners have not. By reading this book, you will learn how to analyze property values, find hidden upside profit potentials, and learn the differences between the various mobile home park investment opportunities. You will find out where to get loans on mobile homes (you want to fill your park and keep it full!), and where and how exactly to find the investment property of your dreams. This is a must-read if you are interested in finding out why the mobile home park industry is here to stay, and where and how you can find the perfect mobile home park investment for you.

An Insider's Guide to Investing in Mobile Home Parks

An Insider's Guide to Investing in Mobile Home Parks
Title An Insider's Guide to Investing in Mobile Home Parks PDF eBook
Author Andy Tallone
Publisher
Pages
Release 2021-12-28
Genre
ISBN

Download An Insider's Guide to Investing in Mobile Home Parks Book in PDF, Epub and Kindle

Mobile Home Parks (MHPs) are red-hot! Real estate investors of every ilk are clamoring to acquire their first parks. Mobile Home Park owners are seeking to expand their portfolios. Asset managers, Real Estate Investment Trusts (REITs), and syndicators are gobbling up huge amounts of MHP inventory. Why all the fuss over Mobile Home Parks?The first reason is that they can be incredible cash-flow machines. Secondly, their low entry cost is very attractive (especially when compared to apartment buildings, for instance). Thirdly, MHPs are famous for their upside potential, which is anything designed to increase the cash flow and/or the value of the park. Upside is not only what most investors seem to want these days, but it's also almost the only choice. In general, the real estate market is currently hotter than a pistol, but the MHP market is even hotter, because MHPs are just now moving toward mainstream acceptance. An Insider's Guide to Investing in Mobile Home Parks was written by an expert inside the MHP business who shares his secrets on how to find and evaluate MHPs, how to run them, and how to turn them around. Very few people have this knowledge, and even fewer are willing to share it. This is your chance to learn everything you need to know about investing in Mobile Home Parks!

Making Money Through Mobile Home Investing

Making Money Through Mobile Home Investing
Title Making Money Through Mobile Home Investing PDF eBook
Author Jerry Hoganson
Publisher Ascend Beyond Publishing
Pages 125
Release 2008-10
Genre Investments
ISBN 1933723130

Download Making Money Through Mobile Home Investing Book in PDF, Epub and Kindle

Within every real estate market, there are entire communities of mobile homes. Thousands of people live within these mobile home communities but very few people know the investors who own them. Why do investors own and invest in mobile homes? Niche investors own mobile homes and mobile home communities because they are lucrative and extremely profitable investments. Mobile homes are investments that most real estate investors routinely misunderstand and ignore. It is a market niche where most within the industry do not want to openly discuss or share. There are many myths and misconceptions of mobile home investing. Contrary to popular opinion, mobile home investing is often simpler and easier to get into than conventional real estate investing. It can also be much more profitable and provide a higher return on your investment. Discover the world of mobile home investing. Learn what most real estate investors will never learn in a lifetime of house investing. Learn from someone who first started out as a real estate investor, then moved into mobile home investing, then ultimately mobile home park investing. Read the insightful and enlightening answers to questions so many people ask regarding the mysterious world of mobile home investing. In this book, Jerry answers common questions on these areas of mobile home investing: Basic Concepts, Market Research, Finding Deals, Profit Strategies, Purchase & Financing, Inspections, Marketing, Preparation Process, Management Issues, Tenant Management, and Maintenance/Repairs

How to Invest in a Mobile Home Park

How to Invest in a Mobile Home Park
Title How to Invest in a Mobile Home Park PDF eBook
Author Marilyn Rousher
Publisher
Pages 103
Release 2015-09-05
Genre
ISBN 9781520319292

Download How to Invest in a Mobile Home Park Book in PDF, Epub and Kindle

"How to Invest in a Mobile Home Park - For Business, Money and Profit" is a practical guide written for mobile home park investment newbie's and old school professionals. Mr. Rousher, a knowledgeable 30 year mobile home park professional has owned and managed many profitable mobile home park investment partnerships. As a mobile home park owner and professional mobile home park property manager, he will guide you through the dos and don'ts of the mobile home park (trailer park, manufactured housing) industry. He will teach you how to find the best money making investment for you. He will help you learn how to research the economy and stability of your chosen investment location. He will reveal his secrets on how to make more money and more profits where other investor/owners have not. By reading "How to Invest in a Mobile Home Park - For Business, Money and Profit" you will learn how to analyze property values, find hidden upside profit potentials, and learn the differences between the various mobile home park investment opportunities. You will find out where to get loans on mobile homes (you want to fill your park and keep it full!), and where and how exactly to find the investment property of your dreams. This is a must read if you are interested in finding out why the mobile home park industry is here to stay, and where and how you can find the perfect mobile home park investment for you.

Investing in Rent-to-Own Property

Investing in Rent-to-Own Property
Title Investing in Rent-to-Own Property PDF eBook
Author Mark Loeffler
Publisher John Wiley & Sons
Pages 193
Release 2010-07-15
Genre Business & Economics
ISBN 0470678933

Download Investing in Rent-to-Own Property Book in PDF, Epub and Kindle

Investing in Rent-to-Own Property is the distillation of years of investment experience in real estate. It is a both strategy and a system, which provides stable, proven returns for the investor. On the flip side of the coin, the homebuyer is provided a house that fits their needs and budget. Why should an investor have rent-to-own as part of his or her investment portfolio? This book lays out in clear detail the benefits of rent-to-own and how to get started with a rent-to-own strategy. Loaded with tips and case studies, here are the core components of the system: How to identify properties How to carry out due diligence Smart financing strategies How to market your system and attract interested tenants-homebuyers How to identify and choose tenants-homebuyers The rent-to-own contract Obligations of the investor to the tenant-homebuyer Obligations of the tenant-homebuyer to the investor The team of experts: agent, lawyer, lender, home inspector, accountant Exit strategies There are many singles and couples who for a variety of reasons opt for a rent-to-own opportunity. For some it's an opportunity to check out a location for a couple of years so that they're certain it's the house and neighborhood they want for the long-term; for others it's the desire to own a home but need to grow their down payment-having a nice home while they save is a terrific option. The expertise of the investor in identifying the right property and providing the right financing is another significant aspect for the tenant-homebuyer. The benefits for the investor are many: a solid property in an area where the fundamentals are strong; great tenants who respect the property; a profitable investment even with a downturn in the market. Investing in Rent-to-Own Property is the quintessential tool for investors who have yet to take advantage of a proven money-maker or for those investors who want the benefit of a proven system to build their portfolio.