Articles, tagged with "home park", page 5

How To Handle City Inspectors Regarding Mobile Home Parks

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 th... Read >
Author: Frank Rolfe

How To Harness The Best Opportunity To Buy Mobile Home Parks In The Last Decade

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 be an... Read >
Author: Frank Rolfe

How To Make Money In The Mobile Home Park Business

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 Rolfe

Beware of the Seller Financing Trap

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 Rolfe

FORGET IKE AND KATRINA : THE PERFECT STORM IS BUILDING IN MOBILE HOME PARKS

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 Reynolds

HOW TO PROPERLY ENFORCE RULES IN A MOBILE HOME PARK

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 better... Read >
Author: Dave Reynolds

HOW TO PROPERLY CHARGE A LATE FEE IN A MOBILE HOME PARK

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 rent ... Read >
Author: Dave Reynolds

HOW TO NAME A MOBILE HOME PARK

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 diff... Read >
Author: Dave Reynolds

Listen To The Birdies Chew Chew Chew

Chewing is the process of biting/nibbling and grinding/mashing food in your mouth, so that it is easier to swallow,digest and obtain food nutrients. Have you ever thrown bread crumbs/food scraps to neighboring birds that frequent your home,park or loca... Read >
Author: Robert Palmer

Important Factors To Consider Before Investing On A Mobile Retirement Home

Some people believe that spending the rest of their lives in a mobile retirement home park is an excellent choice for them. They can live in a spacious open place surrounded by fresh grass and they will have freedom to move wherever and whenever they like... Read >
Author: Cindy

Commercial Mortgage Loans for Small Businesses

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: kellsey3

Six Reasons For Retirees To Consider an Upscale Adult Mobile Home Community.

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 Stewart

Facing the Opposition - Part II

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 Benson

Facing the Opposition - Part I

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 Benson

Curb Appeal – The Speed Dating of Real Estate

Whether you believe speed dating revolutionized the dating industry or not, you probably buy into the underlying premise - that first impressions are the key to deciding whether you want to get better acquainted. Selling your home is a bit the same. You p... Read >
Author: Larry Hann

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