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26th August 2009
When considering the purchase of a mobile home park as compared to an RV park there are many factors to consider. While mobile home parks and RV parks are often sold by the same brokers and are combined in one facility, they are not the same and both ... Read >
Author: andywilliams0605th July 2009
Investing in Mobile Home Parks can be one of the most profitable and safe real estate investments. This asset class has a number of unique attributes which make it a compelling investment proposition. The following article explores how you can benefit f... Read >
Author: Medo Eldin30th June 2009
Mobile home lenders have mobile home financing programs available that offer loan products to qualified applicants to purchase a new or used mobile home, or, to refinance an existing mobile home loan. Mobile home loans that are offered for homes that are ... Read >
Author: mobilehomeusa23rd June 2009
Seizing Unique by Investing in Commercial Real Estate -Do the Risks Outweigh the Value? There's an aged conjecture that you can't take the prize if you don't play the game. And, it's true for Investing in commercial real estate. If you don't take the plu... Read >
Author: Vito Baxter09th February 2009
There is a remote area along the Caloosahatchee River in southwest Florida that seems untouched by civilization. Nature is abundant. Eagles and pelicans fish for their dinners. Gentle manatee swim slowly upstream. Palm tree fronds sway beautifully in ... Read >
Author: Laura Weaver30th November 2008
October and November are among the most beautiful months in southern California. Temperatures remain warm, but as the saying goes, "It's a dry heat." The skies are crystal clear and you can see practically forever. However, after a long, hot summer with v... Read >
Author: Mark Decherd29th November 2008
October and November are among the most beautiful months in southern California. Temperatures remain warm, but as the saying goes, “It’s a dry heat.” The skies are crystal clear and you can see practically forever. However, after a long, hot summer ... Read >
Author: Mark Decherd29th November 2008
October and November are among the most beautiful months in southern California. Temperatures remain warm, but as the saying goes, “It’s a dry heat.” The skies are crystal clear and you can see practically forever. However, after a long, hot summer ... Read >
Author: Mark Decherd25th November 2008
If you can have no ownership of the lines, and have the electrical provider bill your customers directly, that is always the best electrical system design for a mobile home park. Unfortunately, many older parks were built using a design in which the park ... Read >
Author: Frank Rolfe25th November 2008
Of all the barometers of park performance, from a profit and loss statement to the annual license renewal, one of the crudest and simplest is the fine art of analyzing grass. Because you can tell a lot about a mobile home park just from looking at the gra... Read >
Author: Frank Rolfe25th November 2008
Mobile home park tenants use, on average, about $30 per month of water & sewer. In some parks, however, that amount can run around $100 per occupied lot. Whenever you become suspicious that your water is running too high, here are the steps to find out wh... Read >
Author: Frank Rolfe10th November 2008
For the last decade, those of us in the real estate business have had to hear that the stock market was the world’s safest way to make 10% per year compounding. That there was no point in taking any risk by buying commercial real estate, since the stock... Read >
Author: Frank Rolfe03rd November 2008
This is a fact that we all heard about it as mobile homes depreciate over time. While this can be true, but it is important to understand that some mobile homes actually increase in value. The value of the mobile home will be much higher than what it was ... Read >
Author: Daryl Stewart21st October 2008
You only need one mobile home park. That’s all you need to create a sizable asset and a consistent source of income. That’s assuming you buy it and operate it correctly.
There has not been a better time to buy that one park in the last decade. Due ... Read >
Author: Frank Rolfe21st October 2008
Nobody can own a mobile home park without having at least one run-in with the city inspector. They normally come out of nowhere, and often when you think you are doing a great job with your park. There is no reason for embarrassment – everyone has been ... Read >
Author: Frank Rolfe21st October 2008
If your definition of a good buy is to buy low, and buy when “there is blood in the streets”, then this is the time to buy mobile home parks. Prices have never been lower, and sellers more desperate, since the mid-1990s. And there does not appear to b... Read >
Author: Frank Rolfe21st October 2008
Although it has taken us literally thousands of pages to describe how to do due diligence and operate mobile home parks effectively, the general theory on how to make money with mobile home park investments could fit on the back of an envelope.
These a... Read >
Author: Frank Rolfe21st October 2008
There are few things more attractive about the mobile home park business than seller financing. Non-recourse seller financing allows the buyer to escape the hassle and scrutiny of bank lending, while at the same time offering some degree of insurance agai... Read >
Author: Frank Rolfe08th October 2008
FORGET IKE AND KATRINA : THE PERFECT STORM IS BUILDING IN MOBILE HOME PARKS – AND THE RESULT WILL BE SOME OF THE BEST DEALS IN DECADES
Like all forms of real estate, mobile home parks have had about a decade-long run of easy financing and low cap rates... Read >
Author: Dave Reynolds08th October 2008
Many park owners feel that it is their duty as the owner to rule with an iron hand. They think that they can cure all of the park’s ills with rule after rule. At many parks, the rules section is longer than the lease itself.
But is the park any bett... Read >
Author: Dave Reynolds08th October 2008
Mobile home park tenants are not rich. Most of them live from paycheck to paycheck. As a result, they frequently don’t pay their bills on time – sometimes at all. To motivate these tenants to pay their lot rent on time, you must enact a late fee for r... Read >
Author: Dave Reynolds08th October 2008
When you buy a mobile home park, and if you currently own a mobile home park, it’s a pretty safe bet that you need to change the name. Because most mobile home parks have terrible names that, sadly, could be used as a marketing tool if only they were di... Read >
Author: Dave Reynolds08th October 2008
Mobile home park tenants are not rich. Most of them live from paycheck to paycheck. As a result, they frequently don’t pay their bills on time – sometimes at all. To motivate these tenants to pay their lot rent on time, you must enact a late fee for r... Read >
Author: Dave Reynolds08th October 2008
Many park owners feel that it is their duty as the owner to rule with an iron hand. They think that they can cure all of the park’s ills with rule after rule. At many parks, the rules section is longer than the lease itself.
But is the park any bett... Read >
Author: Dave Reynolds08th October 2008
FORGET IKE AND KATRINA : THE PERFECT STORM IS BUILDING IN MOBILE HOME PARKS – AND THE RESULT WILL BE SOME OF THE BEST DEALS IN DECADES
Like all forms of real estate, mobile home parks have had about a decade-long run of easy financing and low cap rates... Read >
Author: Dave Reynolds21st May 2008
In spite of the financial blows prevailing in the present mortgage industry, an increasing percentage of small private lending agencies remain unaffected. As a result, these entities made use of the momentum and they are prepared to provide loans for diff... Read >
Author: kellsey311th May 2008
If you're retiring and wanting to downsize your living arrangement, a mobile home park may not be on your list of areas to check out. Mobile home parks sometimes conjure up images of dirty streets and cluttered yards - not anywhere a person who is house-... Read >
Author: Nelson Stewart01st May 2008
Part II
In part I we talked about our property that was filled with mobile homes. We are ready to turn this into a residential property. Where do we go from here?
A good engineer would be able to guide you to the highest and best use, and cost you v... Read >
Author: Bryan Benson01st May 2008
Part I
Say you have a 40-acre mobile home park, two blocks off the Gulf of Mexico in central Florida.
And you have tenants. You have many, many tenants. What you really want is the land the mobiles homes sits on. Do you have any theories of what it... Read >
Author: Bryan Benson01st April 2008
Banks took a blow with the recent sub-prime home loan fiasco. The money financed for commercial lenders are what they're focusing on now. As of juncture, experts say that commercial lending is relatively unharmed from the fiasco that created the mortgage ... Read >
Author: kellsey301st April 2008
After the recent sub-prime home loan disasters, commercial lending is still considerably safe, according to experts. After the mortgage defaults that resulted in foreclosures, banks are presently focusing on the money financed for commercial lending.
T... Read >
Author: kellsey314th November 2007
Commercial lending has been rising currently. Investment property loans are provided to invest in commercial properties. Office, retail, hotel/motel, warehouse, and a few housing properties are commercial properties. Retail properties can include restaura... Read >
Author: kellsey325th September 2007
While home refinancing is quite common, many people don't know that mobile home loan refinancing is also a viable option as well. For anyone who owns a manufactured home you may want to take a closer look at your options. Here is a look at what you should... Read >
Author: Terry Edwards30th August 2007
Previously I wrote about having hanging baskets full of edibles as a way to enjoy gardening in a limited space such as a mobile home park, or even an apartment balcony. Here are a few more ideas for those with green thumbs.
I recently met someone who ... Read >
Author: Nelson Stewart30th August 2007
It is totally possible to have fresh food you grew yourself, even if you live in a mobile home park with barely any un-paved earth to call your own. No, don't go digging up that tiny patch of lawn and getting yourself kicked out. I am referring to suspend... Read >
Author: Nelson Stewart25th July 2007
Well, mobile homes have come a long way in the past years. At one time the mere mention of a mobile home would conjure up images of a run-down box like construction that was in questionable shape. This old stereotype could not be further from the truth in... Read >
Author: Nelson Stewart29th June 2007
Choosing the place where you will spend your much deserved retirement is one of the most important choices that will have to make in later life. After all you have spent a lifetime out there working 9 to 5, bringing up kids, putting them through college. ... Read >
Author: Nelson Stewart30th May 2007
It is a common misconception that refinancing is only applicable to homes that are not a mobile home or manufactured home. The truth is even these types of homes are available for loan refinancing. If you are wanting to consolidate debt, would like to ha... Read >
Author: CharleyHwang27th February 2007
Before you decide to sell your manufactured home community/mobile home park there are several ways to increase the value of your investment and in doing so increase the value of the park and make it more saleable. Here is a list of 10 potential ways to in... Read >
Author: Dave Reynolds30th January 2007
From an investment point of view, owning a Mobile Home Park is one of the most appealing aspects to investors. It is one of the most profitable niches in the real estate sale investment. It is seen that most of the real state investors are stepping all ov... Read >
Author: anupam24th January 2007
There are five types of single-family houses you could make money in, starting with no cash. Now we'll study each type of property their advantages.
1. Townhouse Single-Family Home
Advantages:
These houses are newly built so they hardly need major rep... Read >
Author: RajAloke16th November 2006
Investor update on where you stand with tenant occupied properties and how they affect your investment. First things first, the law. The Residential Tenancy act applies to residential tenancies in British Columbia. It contains exceptions for tenancies s... Read >
Author: Thomas Berten02nd October 2006
How To Purchase A Manufactured Home Without
Getting Ripped Off
Making a purchase that requires a large monetary committment requires some thought and
research. I hope that this article will help you in doing this research. My wife and I were
m... Read >
Author: Bill Weaver22nd July 2006
Mobile Homes Today
Purchasing a mobile home involves so much more than just the house itself. It means making a decision on if you would prefer your mobile home to be in a mobile home park, then researching the best park for you, picking a home layout, ... Read >
Author: Dave Brandley
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