The April 2020 Mobile Home Park Investing Newsletter

Piers, Slabs Or Runners - Which One To Choose?

Vacant lot preparation is a big deal when filling vacant lots – it can cost as much as 1/3 of the total home in some states. HUD controls the lot preparation requirements in some markets and, while the purpose is to minimize home movement from frost heave, the reality is that it’s a terrible financial burden for the homeowner and a pain in the neck for park owners to perform. But if you have to do expensive lot preparation, what are the options and which should you choose?

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Good Resources For Mobile Home Park Questions

For many years, the mobile home park industry had no available information except for a few ancient books like the 1955 “How to Build and Operate a Mobile Home Park” by L.C. Michelon. It was a lonely existence for park owners with nobody to bounce ideas off of or to share experiences. And that’s as recently as the 1990s. Today things have changed. So where can you go to get answers to your mobile home park questions?

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A Short Clip From Our “Virtual” Boot Camp

We are continuing to teach investors the correct way to identify, evaluate, negotiate, perform due diligence on, re-negotiate, finance, turn-around, and operate mobile home parks. And the way we’re accomplishing this is with our first-ever “Virtual” Mobile Home Park Investor’s Boot Camp this coming Friday, Saturday and Sunday April 17th to 19th.

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Floods, Famine and Pestilence: The Impact of Crisis on the Mobile Home Park Industry

The impact of disasters (natural and economic) on mobile home park investing. Sure, Covid-19 is the current disaster in America, but it’s not the only one we’ve endured over the last three decades (The Texas S&L Crisis, the Dot.com bust, earthquakes, fires, tornadoes, Katrina, Harvey, and the Great Recession). So if catastrophes are a part of American life, what is the impact on the mobile home park industry and how will these events impact your investment?

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Replacing Utility Systems: A Primer

One of the key requirements of owning mobile home parks is to provide working utilities. But in many older mom and pop parks there may be problems with old lines that have been denied proper maintenance for decades. Here are some things to think about when it comes to the issue of replacing a utility system.

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Why Texas Is Such A Great State For Mobile Home Parks

Texas has been an important part of our mobile home park past. We have owned mobile home parks in Texas for over 25 years – it’s an extremely vital part of our strategy to look at every deal that comes up in Texas that meets our criteria. So do many other investor groups. So why is Texas such as great state for mobile home parks?

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