Mobile Home Park Investing Newsletter

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August 1st, 2017

Memo From Frank & Dave

While the Federal Government faces some tough decisions on everything from healthcare to a balanced budget (neither of which appear achievable) it has finally started to take the right position on mobile home parks and their important role in affordable housing. The expanding role of Fannie Mae and Freddie Mac in financing mobile home parks under the “Duty to Serve” directive, as well as H.R. 3700 (passed into law but not yet enacted) which will allow Section 8 vouchers to be used to buy mobile homes, are important steps forward to promoting and supporting the mobile home park industry. We are pleased that Congress and the respective branches of the U.S. government have finally realized that, unlike multi-family which they have supported for decades, our industry is the only non-subsidized solution to the affordable housing crisis. And, of course, you cannot truly be a solution and be subsidized, since you are simply transferring the cost from the resident to the American taxpayer. We look forward to more of these programs going forward!

Why You Don’t Have To Buy In Giant Metro Markets To Succeed

chicago fountain

This is the Buckingham Fountain in downtown Chicago, a city with a metro population of 9,551,030. While that’s the third largest population of any city metro in the U.S., it’s about 100 times larger a metro than you typically need to do well with a mobile home park. And we’ve learned this from twenty years of buying, running and selling mobile home parks in over 30 states. So what size metro do you really need for a mobile home park to be successful?

Understanding how a giant metro is constructed

What is a “metro” area? It’s a combination of a number of smaller cities that have a collective population due to a geographic concentration. But even a giant metro like Chicago is really just a diesly-dispersed number of abutting cities of around 100,000 to 200,000 population. As a result, when you buy a mobile home park in Chicago, you’re not really buying into the whole city but a tiny fragment of the market. You’re investing in Cicero, Aurora, or Joliet, not just macro Chicago – so you’re success or failure is based on the actual city or town you own in.

The magic of 100,000 population

We have found that a 100,000 metro population offers a huge number of employers, a strong Chamber of Commerce, a giant amount of housing demand, a sophisticated City Hall with strong leadership and safe public services, a large school district, and a marketing presence. In a metro of 100,000 you will have all known franchises and big-box retail, as well as several hospitals, typically some form of higher education offering (a college or junior college), and a diverse employment base.

Case studies that demonstrates this

One of our most successful mobile home park investment was in a town in Iowa with a metro population of around 100,000. It had incredible demand, high competing home prices, the ability to fill vacant lots and sell homes to qualified consumers, and a solid position in the community. We sold it at a cap rate that would rival any sale in Chicago (and the buyer had plenty of upside even at that price, unlike perhaps some Chicago neighborhoods). Over and over again, we have found that we can do as well in 100,000 populations as we can in giant cities such as Dallas, Las Vegas or Houston.

But there are notable exceptions

You can still do well in metro populations smaller than 100,000. But you have to be in areas that have strong fundamentals, as the smaller you go, the less diversity you have. Smaller markets must excel in employment construction. We prefer markets that are “recession-resistant” with major employment in healthcare, education and government sectors, and not reliant on one private sector employer. We also look for markets that have high single-family home prices and apartment rents. You can prosper in a small market of 20,000 people, if the median home price is $150,000, the three-bedroom apartment rent is $900 per month, and the top ten employers are well diversified and stable.

At the same time, you can do poorly even in a giant metro if it has weak housing prices and an anemic economy with high housing vacancy rates. The textbook example of this is Detroit, which fell from 1,850,000 population in 1950 to 677,000 today – and took everything with it. It was even the largest municipal bankruptcy case in U.S. history.


While giant metro populations are great, they are widely overrated. All you need is a population of 100,000 to do as well as a population of 10,000,000. Not to offend those who live in giant cities, but simply stating a fact.

The Unique Fraternity Of Park Owners


Has there ever been a more jovial group of industry veterans than the unique fraternity of mobile home park owners? In most every other industry, such peers look at each other as rivals locked in a life-or-death battle. But mobile home park owners, for the most part, are extremely friendly and helpful and regularly aid their competitor just down the street, sharing information on everything from home rehabbers to collections attorneys. So what makes them so friendly?

A small group makes membership more important

Mobile home park owners rarely meet anyone who is a park owner in their personal lives. They never run into mobile home park owners at PTA meetings or neighborhood events. So when they see one it’s a rare and valuable sighting, kind of like a birdwatcher seeing an endangered bald eagle. Each park owner is seen as an immediate ally in the quest for affordable housing.

The absence of competitive concerns

Of course, another reason that mobile home park owners get along well is that they really do not present a danger to each other. Since it costs $3,000 to $5,000 to move a home, coupled with the fact that pre-HUD homes (1976 and older) can’t even be moved, and homes from the 1980’s and even 1990’s can often fall apart in transit, there is little chance that one park owner’s customer will move down the street. In addition, most mobile home park rents are roughly the same, and all parks have their own unique attributes so it’s not really a commodity business. As a result, most park owners look at their peers as sources of information and companionship, and not enemies. It is not uncommon for park owners to share information on everything from vendors to legal issues.

The Greatest Generation’s leadership

Another key component to the camaraderie of mobile home park owners is the high concentration of the Greatest Generation and Silent Generation members. These are the people who built America and are the bedrock of good role models and morality. They feel obligated to be charitable and inclusive because that is a part of their nature. Everyone in the mobile home park industry has a story that involves sage advice from an “old timer” owner who basically saved the day for them. We believe that a bigger threat to the U.S. than the affordable housing crisis is the constant reduction in the number of these individuals and their role in shaping the behavior and success of all Americans.

Issues with a broad base

How can you get any park owner energized? Start a discussion on the difficulty in getting titles to homes, or the craziness of the SAFE Act, or how ridiculously low our rents are vs. all other forms of housing. There are a handful of topics that get all owners up in arms, and any forum that addresses these items is certain to cause mass participation. That’s why it’s not hard to launch any group of park owners into discussion – they are passionate about the industry and the threats to it, as well as the promising possibilities.


You will never find a group as charitable with their time, or as friendly and inclusive as the fraternity of mobile home park owners. If you have not experienced this camaraderie, then take a more active role in your state MHA or the national MHI – or simply call the owner down the block.

We Have Added Access To The Manufactured Housing Review Magazine To Our Monthly Newsletter, For Your Convenience

When the Journal of Manufactured Housing ceased operations at the end of 2016, it meant that the MH industry had no publications of any stature, other than this newsletter. That’s when Kurt Kelley decided to step into the publishing business and bring out the Manufactured Housing Review magazine, which took its place. We write for MHR every month, and are big fans of having a publication that is fair, balanced, and inclusive that appeals to community owners, dealers and manufacturers alike.  

As a service to our readers, we are now going to be offering the link to this publication every month in our newsletter. Of course, it’s absolutely free and if you see an article you like feel free to share it. We think that it’s a great publication and serves the industry well as a flagship piece of journalism.

To see this month’s issue, click here!

How I Almost Screwed Up My First Park By Being There Too Much

stucco home

I nearly turned my first mobile home park into 83 little cottages that look like the photo shown above. I was going to cover my old flat-roof trailers with stucco, secure log segments below the roof line, paint the doors turquoise, and re-name the property “Little Santa Fe”. Would that have been a good idea? Probably not. So what lead me to potentially ruin my investment by sinking hundreds of thousands of dollars into a plan that nobody would even appreciate?

Getting to know your residents too well can be bad for business

I officed out of that first mobile home park from 9 to 5, Monday to Friday. Why? Because I thought it was a good way to learn the industry. But the truth is that having the owner too close to some residents is not typically a smart move. Not only do you simply get hit up for money all day, but you really create little value by sitting there. Instead, you get bored and start dreaming up all kinds of make-work projects such as converting a mobile home park into a New Mexican village. Or the time I re-painted the laundry building exterior three times because I was unhappy with the shade of green I had selected.

Trying too hard to create a job

Perhaps I also sat in that park’s office simply to create a job for myself. I had just sold a business, and I was used to sitting behind a desk all day – not one at home. That little park office seemed like a good excuse to go to work and pretend I was working hard. Of course, there were few residents even in the park during the day (most of them being at work) so I did not even have any meaningful work to actually do. So I invented projects that interested in me, such as being the pioneer in designing potential Santa Fe resorts inside mobile home parks.

Not being realistic about your “value add”

When you go to a good Italian restaurant, it always seems that the owner walks table to table and makes sure that everyone is happy. The owner buys the meat, and tastes the sauces. They unlock the doors and shut them down at night. As a result, the owner has a huge value add to the business by being there. However, the average mobile home park has absolutely nothing in common with an Italian restaurant. The owner’s only value add is at a 5,000 level, making strategy moves and buying the park to begin with. Day-to-day operations are not much of a value add for an owner, and are best delegated to the property manager (something the Italian restaurant owner can only dream about as they open the door at 6 AM when it’s 10 degrees outside).


Every owner will, from time to time, ask themselves “how can I personally be more of a value add to this property with my time?” The answer is … resist that impulse. Allocating money to install new playground equipment is great, as is fixing those potholes. But when it comes to what you can accomplish on-site by simply being there more, the truth is that you don’t really offer much, and certainly nothing that a good community manager can’t provide. If you want to feel needed and interact with customers, perhaps you should open an Italian restaurant.

Why Smart Community Buyers Are Using MJ Vukovich For Financing

mj vukovich

Obtaining a loan for a mobile home park can be difficult and time consuming if you do not know how to build an effective loan package, or which lenders to hit. And then there’s the unpleasant task of meeting with lenders and dealing with rejection, as well as knowing what terms are negotiable and how much you can push them. What’s the solution? For smart buyers, it’s MJ Vukovich at Bellwether Enterprise. MJ is one of the top loan brokers in the U.S. He goes out and gets the loan and all you have to do is pick which bank you want to go with from those that want the loan. It’s fast and painless, and the fee is around 1%, which is a real bargain. Best yet, you only pay on performance, with the fee due at closing. We’ve been using MJ with great success, and his real strength is in the “agency debt” arena with Freddie Mac and Fannie Mae, where his firm is a leading underwriter. Best of all, MJ is a third generation park owner, who understands the business and looks at the entire process from your perspective.

To get ahold of MJ Vukovich for questions or to get the loan process going, email him at [email protected] or call him at 612-335-7740. Let him know Frank & Dave referred you for VIP treatment. And let us know if your loan closes and we will send you a $500 gift card to the home improvement store of your choice to get you started on your park renovations.

Grass Alternatives In Mobile Home Parks

mobile home astroturf

Grass is great stuff. It looks nice, cushions falls, and provides a habitat for all types of living things. But it can also present a challenge in many mobile home parks, particularly in areas where rain is scarce or undependable, or there is little room for irrigation. The photo above is from a property in New Mexico, which has elected to replace the grass with artificial turf. So what are the alternatives to grass that we are seeing in some mobile home park properties?

Paving supplemented with potted plants

It is very common in many Southern California parks to have the entire park footprint paved in asphalt, with large concrete pots dotting the landscape which contain the only vegetation, which is typically a pyramidal evergreen shrub. This eliminates the need for mowing altogether, and the only irrigation needed is to water the pots once-a-week. Although this sounds jarring to those who have not seen these parks, it actually looks extremely professional. The big drawback is that you have an extremely large paving commitment every few years, as you have basically converted the entire park footprint into a road, with the same issues of gatoring, potholes and sealing.

Rock desert-scapes

In those markets where it simply never rains, the better alternative to grass is often simply covering the earth with rocks and desert vegetation, such as cactus. This eliminates a huge range of problems, and takes the lack of rain and makes it attractive and the proper setting with the surrounding environment. This is very common in parks in Arizona, for example. The biggest downside to this approach is simply the fact that it’s not the American dream of a nice green lawn, and that these type of landscapes still require continual maintenance in the form of removing leaves and debris – as well as weeds – that get stuck in the rocks.

Artificial grass

Some park owners have elected to simply remove their natural grass and replace it with artificial grass surfaces. It costs about $2 per square foot to go “unnatural” with your green space. If your park has a 10’ x 20’ greenspace at the entrance, that would cost $400 as a long-term fix. Of course, it costs money to maintain these artificial surfaces, such as vacuuming and cleaning, and they don’t last forever. But some park owners should start to look at this option in certain instances, as the cost for artificial turf has come down substantially in recent years, and is now sold on-line as well as at every big box retailer.


Grass is great, but may not be the best choice for every property. Examine your options before you make a life-long commitment to that natural green stuff.

Why Mobile Insurance Is The Best Protection At Affordable Prices

Whether you are simply in need of an insurance quote or you have the unfortunate, yet common task, of filing a claim, Mobile Insurance is ready and waiting to take your call. We’ve used Mobile Insurance for over a decade, and their superior service is known throughout the industry. Kurt, the owner of Mobile Insurance, is a top resource for any park insurance question, and they provide free quotes on parks that you are acquiring. That’s why around 2,000 park owners in the U.S. are Mobile Insurance customers.

Mobile Insurance can help you engineer the policy you need to cover all your concerns, and their prices are unbelievably low. Being able to contact them when you need them is just as important. We recommend that every park buyer call them first, as we know of no other group that has the same expertise, quality of service, and low prices. Call them at 800-458-4320 or email [email protected].

Strange Things You Can Find In Park Clubhouses

mobile home park clubhouse hair salon

This is the remnant of a former beauty shop that was found in our clubhouse in a mobile home park in Illinois. At one time, many park residents probably had their hair done here. While we think of clubhouses as being the domain of the manager and perhaps a meeting room, many of the 1950s and 1960s clubhouses housed a range of other options, such as this hair emporium. In one community we own in Kentucky, there’s a liquor store in the old clubhouse. And I’ve seen everything from restaurants to classic car dealerships in some of the ones we passed on. What unusual things have you seen in old mobile home park clubhouses in the past? If you have any unique sightings, let us know.

In A World Of “Deal Killing” Attorneys, Dave DiMarco Is A “Deal Maker”

How many deals have you seen go down the drain because there was attorney involved that stacked up a million roadblocks to even the simplest problems, and then failed to offer any path to solving them? This is called “deal killing” and some attorneys do this so that they take no risk – if the deal never happens, they can never be criticized for missing a deal point, or for not spotting a flaw in the contract. The problem with this, however, is that you can’t get anywhere in business if you can’t move forward on a single property, regardless of how good the economics and market are. At the other end of the spectrum are the “deal maker” attorneys that recognize real problems from trivial ones, and strive to solve these roadblocks using common sense and legal experience. And the best of those type of attorneys is Dave DiMarco from Woods Oviatt Gilman. We once had a deal go south in a big way – the very driveway into the property was determined to be on somebody else’s property. Any other attorney would have said “well, that’s it, the deal’s dead” but Dave DiMarco sprung into action. We located the owner, negotiated a purchase, personally handled the details, and the deal went forward. And all that over a weekend, no less. And that’s why we love Dave DiMarco and you should, too.

If you need service like that, then consider using Dave DiMarco on your next transaction. You can reach him at (585) 987-2833.

Don’t Evaluate A Home Until It’s Cleaned Out

mobile home hoarder living room

This is a photo of a mobile home that we just obtained as abandoned as abandoned property. Obviously, the resident had a bit of an issue with hoarding (or trash removal). Sure, it’s a shocking sight. But it’s also a reality in many cases that you need to learn to deal with. And it’s not just a mobile home park issue, as there are entire television shows devoted to hoarding in single-family homes. So how do you deal with this type of situation?

Understand that it negatively influences your decision on A to F home grading

You cannot really get a handle on mobile home condition until you have the home cleaned out. In the case of this home, you can clearly see that the basic home is in great condition if you look beyond the clutter. Our system, when confronted with a vacant home, is to grade it on an “A” to “F” basis, with “A” being a home that needs nothing but cleaning to “F” which is a home that needs to be removed from the community. We can’t make this determination impartially when we see this disturbing image. Essentially, this pile of junk negatively flavors our viewpoint, just as bad pet odors that make you sick do when thinking about what’s needed in any apartment.

Hides the important issues

Just as piles of debris block our scientific approach to grading homes, it actually stops us from evaluating what’s going on. We can’t walk on the floor to see if there are weak spots, nor can we inspect walls for holes or signs of water intrusion. So hoarding messes not only disturb our perception, they even disturb our physical ability to inspect.

A cheap fix

The good news is that cleaning these type of issues out is not expensive. You can clean out this entire home for probably around $200 – which amounts to one day’s work. Sure, it’s nasty work, and one that you are not going to want to do yourself. But it’s not like you’re pouring thousands of dollars into a home that you later decide to tear down. Where do you find someone to do this? Typically your community manager knows someone in the property that would be more than willing to help for some additional spending money. A project like this might even offer an exciting challenge.


Homes filled with piles of debris are a common reality in all forms of housing, from single-family to multi-family. But it’s not a huge deal as long as you clean them out before even attempting to analyze what to do with the home to put it back into a functioning solution to the affordable housing crisis.

About The CASH Program From 21st Mortgage

One of the biggest things going in the mobile home park industry is the CASH program from 21st Mortgage. If you own a mobile home park, the power of this program is astounding. You can fill vacant lots with zero out-of-pocket cost. You can get customers approved to buy homes with amazing speed and a “can-do” attitude. You don’t have to get in the middle of financing or the SAFE Act. And you can tap hundreds of thousands – or millions – of dollars sitting there in vacant lots. The demand for affordable housing in the U.S. is enormous, and the only thing holding most parks back from 100% occupancy are new and used homes that your customers can qualify for. With the CASH program, those obstacles can be overcome and your occupancy can soar. We are the largest users of this program in the U.S., and we know how great it is.

For more information on this program, call Candice Doolan at 800-955-0021 ext 1735 or email her at [email protected].

What Would You Do With This Opportunity?

stripped mobile home living room

To many people, the thought of renovating a mobile home is filled with a complete lack of excitement. But for others, this is viewed as an opportunity to embrace their more creative side. Many look at a vacant mobile home as a canvas to build a better product, and to create a better living space for the future resident. So what can be done with what you see in the above photo?

Paint and flooring choices

The starting spot to designing a mobile home is typically a choice of the basic palette of paint and flooring choices. For many owners, the best way of making this selection is to go to a mobile home dealership with a paint chip book in hand and matching exactly what is current in these new homes. Literally copying the ones you like exactly. Remember that most of the manufacturers these days – such as Clayton – hire some of the best interior designers in the U.S. If you went to a home show in Tunica or Louisville this past year, you know how high the level of play has become at the big manufacturers. It’s a whole lot easier – and safer – just to piggyback off of their color choices. You will find that the most common flooring in the new homes has become a wood-surfaced linoleum, and that’s a great thing as it keeps out pet odors and water intrusion and gives the resident the ability to supplement with an area rug of their choosing.


Same story as the color choices: copy the cabinet designs of the new homes. Right now that means painting them dark and putting brushed nickel knobs on them. Most owners are not going to replace the actual cabinets, and we would agree. That’s a cost that no resident will pay for in the form of higher rent. However, you can still paint them or, if needed, replace the cabinet doors.

Accent walls and other tricks

One of the new trends in mobile home decorating is to paint one wall with an “accent color” which is typically a darker shade of the underlying paint color of the home. This can bring greater visual interest to the somewhat boring single room that typically houses the living/dining areas. Another common practice on new homes is to install a large mirror or two. These help to make the home interior appear much larger, which is always a good idea in any mobile home.

Window treatments

One overlooked design addition to any home is the creation of window treatments. This can be in the form of either swags at the top of the window, or full draperies. Again, you would be best served to mimic exactly what you see in the new home models, and take the design risk out of the picture. These window treatments make the home look much more polished and accents the windows to create visual interest.


Don’t look at the renovation of a park-owned home as a chore, but instead an opportunity to make the home better than ever and a great place for your resident to live. Bring out your creative side, and you’ll find that you may actually look forward to home restorations going forward.

The Clubhouse Of The Future

mobile home park pavilion clubhouse

This is a pavilion inside a mobile home park from the 1960s. Just a roof with four steel posts. But this may well be the clubhouse of the future. So what’s so great about these type of structures?

“Gathering areas” are important parts of community building

In a recent Time magazine article titled “The Home of the Future”, the writer raved about the fact that mobile home parks are like “gated communities for the less affluent”. The author noted that one of the great assets of mobile home parks is the fact that residents are not transient and offer an environment of mutual trust and respect. To create this type of atmosphere, it’s important to have opportunities for residents to meet and bond. These type of pavilions provide shelter from the sun and rain, and are adaptable to a large number of gathering themes.

Cutting out the heating and cooling costs

Pavilions also have no heating or cooling costs. With the average monthly cost of hearing and cooling the average clubhouse around $700 per month, removing these costs save around $100,000 in park value at about an 8% cap rate. And that does not even include the cost of initial installation of replacement of existing air and heat units, which are thousands of dollars.

And have no limitations

When residents have to rent a clubhouse, they can only do so on certain days and times. In addition, they have to pre-plan the event, and then worry about any potential damage to the clubhouse that a guest may cause. The pavilion, however, offers unlimited access any day of the week, can be utilized spontaneously, and is worry-free from potential guest damage.

Attractive to all ages

A pavilion can be used by residents of all ages to hold gatherings, from children’s parties to adult bridge games. It is a multi-tasker that knows no limitations. You can put several picnic tables with benches under the pavilion and you have an all-weather eating or activity center.

Low maintenance

A pavilion can literally hold an event endlessly without any needed repairs or cleaning. While pools and clubhouses require constant attention, pavilions are more self-cleaning and need virtually no repairs, other than the annual paint job. The steel and concrete that makes up the pavilion can last forever, and still look great a century from now.


In an age in which mobile home park community-building may be one of the most important amenities, the pavilion may be a focal point for such activities. It is a low-cost, easy-to-maintain gathering space for all ages.

Mike Renz Is The Source For All Things Related To Environmental Pollution

When it comes to Phase I Environmental Assessments, nobody in the industry is more knowledgeable than Mike Renz. He’s our go-to guy for all things pollution-oriented, from Phase I reports to simply asking questions on what we see going on next door to the property (or even inside that concerns us). We were once walking through a property and saw a brown colored solution oozing from the property. Within minutes, Mike had pulled up the data and figured out what it was (rusty water from an iron-ore- rich artesian spring). That’ the kind of information that we find invaluable in today’s litigious world of environmental condition. On top of that, we’ve had Phase I reports that failed for existing pollution, and Mike Renz has been able to solve them by using common sense and technology, like the time he proved the EPA wrong by doing a simple core-drilling to prove that a supposed landfill on a mobile home park did not actually exist (it had been phoned into the EPA by a former manager who had a grudge against the owner). If you want that level of expertise on your side, then you need Mike Renz to be your Phase I Environmental provider. That’s who we use, and he’s amazingly good.

You can contact Mike Renz at (614) 538-0451.

The MHU Investor’s Club Classified Ads

To advertise here, you must be a member of the MHU Investor’s Club which is a program available to our Mobile Home Park Boot Camp and Mobile Home Park Home Study Course customers. Contact us for more information.

Member Name: Steve BaikPhone: 206-326-8764
I am looking for more parks. City utilities preferred, but septic will be considered. Price range from $750,000 - $5.0 Million. 30+ Lot, flexible on location. Wholesalers and brokers, please send me your deals. Also, any investors looking to invest passively in MHCs, please contact me. We have few LP's slots available.
Member Name: Micheal BothaPhone: 808-478-1479
Seeking to buy parks - Montana, Wyoming and Idaho We are seeking to acquire Mobile Home Parks in MT, WY and ID. Our target park size is 20-80 lots, with city water and sewer. We may consider other areas or opportunities. We are actively pursuing opportunities in these markets, and have the resources to make offers and acquire parks immediately. Please contact us if you own, or know of a park that meets this criteria in these areas. We are happy to work direct with sellers or brokers. Thank you Mike
Member Name: Jonathan CohenPhone: 516-523-6205
Anyone like or looking to buy in NY or the northeast?
Member Name: Marc DeLeonibusPhone: 443-223-0941
Hello! I'm looking for a serious turn around park in a metro area with greater than 100k in population. Able to pay cash depending on situation. $500,000-$2,500,000 Locations: Maryland, Delaware, Pennsylvania, Virginia, West Virginia, Ohio, North Carolina, South Carolina, Georgia. City utilities are preferred. 40 lots or more. Looking to network with other investors as well for JV projects. Please feel free to reach out and get acquainted. Marc 443-223-0941
Member Name: Ian FisherPhone: 646-431-8783
Hi - I'm an investor in the single family residential space with a $35MM rental portfolio, and would love to hear from MHP investors who are looking at deals and open to discuss potential joint venture opportunities. Ideal deal has significant value add and needs at least $1-2MM of equity. Equally, I am always on the hunt for attractive deals in other real estate sectors and would welcome anyone interested to reach out to learn more - I am currently offering a small top-off piece of equity in my single family rental portfolio.
Member Name: Steven GingrasPhone: 707-481-1662
We care seeking to Buy a MobilHome Park in Northern Idaho 40+ space park, we will look at all parks however we prefer city sewer and water. We are ready at this time to invest. Feel free to reach out and discuss any parks available my cell# 707-481-1662
Member Name: Lori GoodPhone: 619-933-1828
Distressed North Carolina park approximately 30 minutes north of Fayetteville. 28 spaces with 16 park owned homes that are in rough condition (rated F for rehab), 6 tenant owned homes, 6 vacant lots. Current rents are below market at $160. This park can be re-developed and bring in up to 125 spaces. The front 20 acres are all pine and owner would consider offers on this. Although it provides a nice cover area to maintain that country setting community feel. $234,000.00. Email: [email protected]
Member Name: Harrison D. Helmer HelmerPhone: 910-391-4993
Looking to purchase Mobile Home Park's in the Fayetteville,NC and the surrounding areas [email protected] [email protected]
Member Name: Major HillardPhone: 804-314-1788
Hello there. Six years ago I stopped investing in apartment complexes and completely invested my life/company to Mobile Home Park Investments. My wife quickly joined my efforts and now the MHP business has become the family business. Every property in our portfolio has been a value add park at purchase. Each property has more than doubled in market value and initial investment cashed out within 24 months. Currently we are expanding and in need to invest/work with new equity, passive, and active partners. Check out our website at Feel free to call at anytime. South East MHP Specialist (VA, NC, SC, GA, TN, AL, LA).
Member Name: Steven IltzPhone: 503-439-9069
Looking for a MHP investment with others. Will have $600K + by November 21, 2019. Looking to use a 1031 exchange with about $1.75 million debt. Looking for Mobile Home Park to own or joint venture with others. I have cash to invest. My preference is to own a park with city water/ sewer, paved streets. If your looking for someone for your team for Joint Venture that can add value and time along with cash, give me a call (503) 439-9069 Portland, OR. Former MHP owner, that turned a average MHP to a great MHP that was 100% owner occupied park. I can help to turn a park from good to great.
Member Name: Steven JuelkePhone: 970-308-5571
(2) great off market deals in North Dakota!! The first one is an underperforming 10 space park in a high rent area with $56k NOI potential @$199k.The second one is a 60 space park with good upside and owner financing.Im from the area and could be hands on with a JV funding partner or will sell outright. Lets talk! Steven Juelke 970-308-5571
Member Name: Shoaib KhawajaPhone: 312-568-6493
Looking for equity partners who would like to purchase MHP's in the midwest. (MI, IL, OH, WI, IN). I have cash to invest.
Member Name: Brian LamPhone: 415-816-0514
Looking to meet other investors in the space which may result in future partnering as deals arise. Our target is $1 - $3M parks in the Midwest on city utilities. We're interested in meeting like minded people who can deploy /partner at $100 - $500k increments.
Member Name: Todd MulhollandPhone: 239-450-1523
Seeking a business partner with hands on mobile home rehab experience in FL preferably the Central FL area. I have a fairly good business model, financial backing and customers ready I just need a dependable partner with actual mobile home rehab and construction experience preferably in the Central FL area to start but I'm looking to take this program at least state wide. I will also entertain offers from independent contractors as well looking to work together to rehab homes. Please contact me if interested.
Member Name: Ferdinand NiemannPhone: 816-806-1849
We are experienced operators looking to buy parks with 50+ lots in MO/KS/IA/IL/NE, in metropolitan areas with at least 100,000 people. Public water and sewer preferred. We will pay referral fees or provide a minority ownership interest for a deal you have under control or solid leads for off market deals. We have significant equity available and can close quickly. Real estate lawyer/consultant services from MHP owner also available for fee engagement. The choice of a lawyer is an important one and should not be based on advertisements.
Member Name: Andy NissenPhone: 614-456-5391
- Capital partner wanted to buy parks Will provide Capital Partners with Tax benefits or Cashflow or Equity - depending on your needs / desires. Let us know how we can work with you to accomplish your goals through MHP investing. We currently own two parks. Have 4 years experience owning and operating MHP's. Real Estate investing since 2004. Experience as a general contractor. Accredited investors ourselves. Currently seeking Parks in and around the Carolinas and Ohio but will gladly go further if the deal is right. Call or e-mail any time. Will gladly provide resume, references and so on. Thanks, Andy
Member Name: Patrick O'HarenPhone: 408-206-8998
We are willing to pay a commission or finder's fee for off-market deals. 40-150 spaces, more if part of a multi-park portfolio. We have capital and MHP operating experience. Please call me at 408.206.8998 or [email protected]
Member Name: Joan ProbertPhone: 604-985-8788
I am a Canadian investor looking at parks in the in the following states: Arizona, Nevada, Washington, Oregon, Idaho, Montana. My business partner and I are heading out on a road trip at the end of October and are keen to meet other investors on the way. We'll also be looking for great recommendations on where to stay and what to discover. We're looking forward to meeting other MHU investors along the way! If you have some ideas please reach out to my business partner Liza Rogers as she's planning the route! [email protected] 250 532 1625
Member Name: Mike TrilloPhone: 425-246-4785
Attn MHP Owners: we are interested in buying several parks! Attn MHP owners with large portfolio: If you need to offload your smaller parks, please call me! Attn newbies who want to birddog or assign deals: I’ll pay you up to 5% referral fee on any deals you send my way! Attn Realtors: I have a very healthy incentive commission plan with any deals you send my way! I’ve got the cash to close the deal from $500k to $5M, 30-200 lots, within 40 miles of a growing metro area of 100k+, public or private utilities (WA, OR, ID, NV, UT, CO, WY, MT, ND, SD, NE, KS, MN, IA, MO, WI, IL, MI, IN, KY, OH, PA, VT, NH, MA). Please contact me (425-246-4785), [email protected] or visit us at Looking forward to hearing from you! :)
Member Name: Cindy Tucker-DavisPhone: 970-987-7523
Thank you to everyone I spoke to regarding a manager position. I learned so much from you! If you are in need of a manager, let me know and we can talk. Thank you! Cindy
Member Name: Nick VrscakPhone: 919-880-4086
MHP Owners & Brokers I am interested in purchasing a Park in NC (1M-1.5M) preferably in the Raleigh Durham Metro. Park criteria is 50 – 100 spaces, paved roads, city water, city sewer. However I do know that there can be potential elsewhere so I am willing to consider other deals in other markets with a good economy. Please do not hesitate reaching out to me if you have anything. Nick Vrscak (919) 880-4086 [email protected]
Member Name: Ed WillisPhone: 907-460-6646
If anyone is looking to start a direct mail campaign to find deals I can help you. If you're not wanting to do the owner address research yourself I could provide you with lists for MO, KS, NE, IA, & ID (1000 owner addresses thus far). If you've got another state you want to mail I could help with that too. I can help you design your postcard or do it for you. I also know of deals I'm unable to do that I can refer. Let me know if you're interested, Ed Willis 907-460-6646
Member Name: Jason WilsonPhone: 661-978-9039
Looking to buy and manage our first mobile home park in East TN or northeast to south central TX. 30 - 100 sites with city water and sewer preferred. Willing to work with brokers or sellers. Purchase price 1.2 million or less. Open to updating or performing mild renovations.
Member Name: Shelly ZickefoosePhone: 559-907-8080
Looking for a mobile home within 500 miles of AZ. Max size 18x70. Min age 2003. Max price $12,000. Call (559) 907-8080. Thank you,
Member Name: Brian ZobergPhone: 305-301-2443
I have several years experience of buying, owning, operating and selling (for excellent returns) mobile home parks. I am looking to partner with other owners, investors who are interested in buying their first park or expanding their portfolio. I am also offering to pay a referral fee for a mobile home park on any deals. Please contact me if you are interested. Criteria: minimum 25 occupied lots, city sewer or septic, city water or well water.

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