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January 1st, 2019

Memo From Frank & Dave

Well, it’s hard to believe but another year has passed. If one of your New Year’s Resolutions is to buy a mobile home park or make more money with the one you have, then you’ve come to the right place. We are fanatical about making lists of goals and doing our best to hit them. And we believe that 2019 has some great potential including:

  • Low interest rates (by historical standards) which may drop again if a recession hits
  • Plentiful lenders
  • Moms & pops willing to sell at good prices and often carry the paper
  • Continual legislative wins on grandfathering rights
  • Massive room to raise rents to reasonable levels
  • Endless demand for affordable housing
  • 21st Mortgage still aggressively financing homes to fill vacant lots

But how do you harness the good market for mobile home park investing? The first step – in our minds – has always been to lay out a reasonable, detail business plan. This plan should include goals for 2019, as well as for at least five years beyond. We still have our goals and plans from our early 20’s and it’s a constant reminder of what we have tried to do in life and a scorecard on how well we’re doing. If you have not made your New Year’s Resolutions yet, then we encourage you to get out a pad of paper and begin today. Make a list of your material and lifestyle goals and then work backwards on how to attain them. And don’t let writer’s block stop you. Remember that General George Patton once said “a good plan today is better than a perfect plan tomorrow”. Finding a mobile home park to buy, and getting it purchased, is really just the cumulative effect of a number of small, easy-to-achieve steps. But that all begins with writing down some goals for 2019 and saying to yourself “I am going to get these done no matter what”.

We would also like to take this opportunity to wish everyone a Happy New Year!

The Ten Steps To Buying A Mobile Home Park In 2019

mobile home park

There’s nothing more worthless than a goal that is not supported with action steps. That would be like the U.S. in the 1960s saying “we want to land on the moon” but having no roadmap to do that. To attain goals the steps to do so are equally as important as the mission. So what are the ten main steps to buying a mobile home park?

#1: Define your goals

What are you after in investing in affordable housing? Are you trying to beat the rate of return on that CD in your investment account, or are you trying to boot strap into the business and create capital to invest? On top of that, what’s your appetite for work and for risk? You see, not all mobile home park deals are the same, and you have to acknowledge what the goal is before you even set out on the path. More most people, the goal is to achieve a 20%+ cash-on-cash return on their existing capital using a reasonable amount of effort and risk. But there are those out there who would prefer 10%+ with very little time and risk and another group that wants to make $100,000 in cash-flow off one deal or even amass $100,000 in capital with virtually zero down. All of these are possible, but the type of deal required is entirely different.

#2: Learn everything about the mobile home park business model

Warren Buffett once said “risk comes from not knowing what you’re doing”. This is good advice for mobile home park investing, as well. There are many “deal killers” that the average real estate investor is unaware of when it comes to “trailer parks”. These include permit issues, lot size issues, orangeburg sewer lines, packaging plants, lagoons – and many more. In addition, there are five drivers to park profitability which are 1) collections 2) occupancy 3) water/sewer costs 4) property condition and 5) B/A/D. If you’re going to invest significant after-tax income in a mobile home park deal, you owe it to yourself to become highly knowledgeable on the topic.

#3: Build a template of the type of park you want to buy

There are many different mobile home park business models. If your goal is to buy a stable park and make 20% cash-on-cash returns, then the goal is to buy an investment-grade property with either a 3-point spread at closing, or within a short period of time via raising rents, sub-metering water & sewer, or cutting cost. If the goal is instead to make a large amount of cash flow per year, then you will need to buy properties that are in rougher condition and that you can make much larger advances on in terms of net income via significantly filling lots, cutting costs, raising rents and bringing the park “back to life”. You should also consider the metrics of the size of park you will need to hit your goals. The general rule in park buying is 20% down, so you can work backwards on the size of deal that fits your budget. And also don’t forget that the fastest way to make $100,000 cash flow on one park is to buy a property that has 80 occupied lots and that you can increase the lot rent over time by $100 per month – the bottom line is that scale is an important feature as well.

#4: Define your initial territory

Although we have learned that a good park 2,000 miles away from your house is infinitely better than an average one in your back yard. That being said, it’s difficult for someone new to the industry to feel they have safety and control of their investment if the park is beyond about a five-hour drive from their home, That radius allows you to drive out to the park and back on a Saturday. So if you draw a ring 5-hours distant from your home, that’s the normal territory for most buyers. In some parts of America that area will contain several states and a plethora of large metro markets.

#5: Build your funnel

There are five basic ways to find a mobile home park to buy: 1) on-line 2) brokers 3) cold calls 4) direct mail and 5) driving up and talking to the owner. The important thing is to do all of these simultaneously fo the best results. Right now, roughly 50% of our deals come from brokers, but there have been periods when it was one of the other search engines that brought us the most success. By “building your funnel” we mean that you systematize the process of finding deals to looks at, and then work that system rigorously.

#6: Focus on volume of deals to look at

One of the most important strategies in finding the right mobile home park is to focus on volume. Those who look at 100 deals always seem to do better than those that only look at 10 – which makes complete sense. Unlike buying your personal home (in which you might look at 5 or 10 potential prospects) the mobile home park industry is all about looking at hundreds of deals if possible. There are around 1,000 on-line on alone. Don’t be satisfied with only turning over one stone – turn them all over.

#7: Approach each as a deal “maker” and not a deal “killer”

One terrible habit of many potential buyers is to approach each deal as a “deal killer”. When this occurs, you’re basically working against yourself, because the potential in any deal is what’s important to isolate, not just a “that won’t work” without even understanding that potential. Many of our best transactions have started out as things that most buyers would cast aside because they did not fully understand the quality of the property or the market. A 3% cap rate in Austin may look undesirable until you find out the lot rents are $200 per month and the market is $600. The deal with 40% occupancy may scream to you “no way” until you find out that the demand in the market is so high you can rent the vacant lots to a dealer day one. Many deals can be cured simply by price reduction or creative seller financing. So see your job more as an inquisitive scientist and not a dour attorney.

#8: Make lots of offers

We are constantly making offers because there’s no harm in that at all. We will offer someone 50% less than asking price if that’s required to make the deal work. And we’ve had sellers accept that offer because they’ve had no success at their inflated price. The bottom line is that you never know until you try, and you should never be shy about making educated offers regardless of what the seller is asking. The worst that can happen is you open the door to continual conversation.

#9: Do extremely good due diligence

When you find the deal that interests you and tie it up under contract, you owe it to yourself to do fantastic due diligence. Benjamin Franklin once said that “diligence is the mother of good luck” and he was entirely right (although 200 years ahead of his time for buying mobile home parks). There have been logical steps created and perfected to ensure every line of your revenue and expense budget are on-track, as well as to gauge demand, permit status and every other function of your transaction. Warren Buffett said that “risk comes from not knowing what you’re doing” and there’s no reason that you cannot nail due diligence if you follow the established process.

#10: Become a master of financing

Mobile home parks – like all real estate – are dependent on financing. Nobody buys mobile home parks for cash and they’d be foolish if they did. It’s the use of leverage that allows for 20%+ returns. If you pay all cash, your cash-on-cash return would only be the cap rate. So basically good mobile home park buying requires smart approaches to financing. There are basically five types of financing for mobile home parks: 1) seller carry 2) small-town bank 3) national bank 4) CMBS “conduit” ands 5) Fannie Mae and Freddie Mac “Agency”. The good news is that mobile home parks have the lowest or next to lowest default rate of any type of real estate loan. This makes us extremely attractive to banks, and you rarely hear of a good deal that is unable to obtain financing. But you need to know how to fill out a loan request, to meet with a bank, to use a loan “broker”, and to properly pitch seller financing. Those that have conquered financing are unstoppable.


Buying a mobile home park is the ultimate contrarian hedge to a declining America. This list will get you started.

Can You Spot The Twelve Similarities And Differences?

old mobile home ad

This is a 1950’s advertisement from a manufacturer called Liberty Coach Company in Syracuse, Indiana. Compare and contrast the home reflected in this ad to the modern equivalent and find the top twelve similarities and differences.

Things that are similar, or might be making a comeback

  • The demand for affordable housing (in fact, it’s higher today than ever before in U.S. history).
  • The rough dimensions of a mobile home (while they still make 50’ lengths, the width has changed from 10’ to 14’ or slightly larger).
  • The exterior of the home is not as appealing as the interior.
  • The living room/dining room/kitchen in one single area with no separating walls.
  • The desire to live in smaller spaces (just look at the Tiny Home programs on HGTV).
  • The affection for Mid-Century Modern design.

Things that have changed (and mostly for the better)

  • 8’ ceiling height. Most homes today have vaulted ceilings that offer more headroom.
  • “Flat roofs” which were banished by the late 1970s as being inferior for drainage and now can only be found on RVs. They were replaced with “round” and then “pitched” roofs.
  • Louvered windows (they were a bad idea back then, too – they break easily and leak).
  • Formal attire inside a mobile home (haven’t seen it since the “Long, Long Trailer” with Lucille Ball in 1954).
  • The demographics of the mobile home customer, which was higher than that of single-family home residents in the 1950s (although it may still be the case in some CA and FL retirement parks vs. single-family neighborhoods in the same markets).
  • The word “coach”. We’re not sure where it came from in the first place. It makes a mobile home sound like a horse-drawn carriage.

Will there be more changes over the next 50 years?

We hope so. The product is still not perfect, particularly concerning the exterior design. But it will be exciting to see the changes!

Why Most Smart Park Owner Are Changing Over To Purchasing Platform To Buy Virtually Everything For Their Property

In 2018 we became huge customers of Purchasing Platform – one of their largest. And we suggest any park owner to look at what this new buying service can do in regards to positively impact your community. It’s literally a game-changer.

What is “Purchasing Platform”?

Purchasing Platform is an online GPO (group purchasing organization) and eMarketplace that has been created specifically for the mobile home and mobile home park industries. More than 1,800 MH communities access Purchasing Platform every month to take advantage of their pre-negotiated pricing, single checkout from 40+ vendors, auto expense mapping to their chart of accounts, multi-level workflow approval to provide accountability across their portfolios, etc. They offer 20-30% savings on more than 10 million products and an integrated "Buying Desk" service that acts as a purchasing agent for your community to make sure they always deliver aggregate savings on every order. 

How big do you have to be to use Purchasing Platform? Can you use it with only one property?

The answer is yes – there’s no minimum limit of properties or dollars spent. Some of the largest industry portfolios use them but the majority of their clients own and operate between 1 and 30 mobile home parks. This is not a service that is only available to the largest owners – it’s one that every park owner in the U.S. can utilize.

Why use Purchasing Platform?

In addition to the obvious cost savings on products and services, use of Purchasing Platform drastically reduces the number of trips your manager has to make to retail stores (time spent not managing your property), eliminates the need for expense classification and receipt transcription while also providing valuable oversight to the owner with workflow approval. They also allow members to load their own catalogs to make sure that managers only can order what they want them to.

Summary of benefits

Here are the main reasons that we have become huge users of the Purchasing Platform:

  • Easy to use interface. Not hard at all for any manager to master.
  • Single checkout from more than 40 of the industry’s largest vendors.
  • Huge savings on more than 10 million products.
  • Price Match Guarantee: if you can find it lower somewhere else, they’ll match it.
  • Create your own custom catalog.
  • On-Demand Buying Desk feature gets you immediate support for volume quotes.
  • Comprehensive Workflow Approval functionality to keep you in control of all buying.
  • Maps out all expenses to your Chart of Accounts.
  • Integrates everything seamlessly into your property management software.

You can try Purchasing Platform at no risk for 90 days

Purchasing Platform allows all park owners to try their system for three months with no obligation to continue. That’s how we got started – we gave it a try and liked it. So if these advantage look good to you (which they certainly should) we recommend you contact Purchasing Platform today at 312-622-6552 and [email protected] and get set up on a 90 day trial.

We think you’ll find this to be one of the big improvements in your operation for 2019.

Time Magazine Weighs Into The Debate On Rent Increases – And Misses The Point Entirely

time logo

A recent article in Time magazine entitled “Affordable Housing is Disappearing: These Mobile Home Park Residents are Fighting Back” offers their perspective on the thorny issue of bringing lot rents up to market levels. And, with most mobile home park rents ridiculously low from coast to coast, it’s an important topic for all mobile home park owners to think about in the New Year.

The facts of what happened

A group bought a nice mobile home park in Akron, New York. The lot rents were about $300 per month while the market rents were about $500 per month. So the buyer raised the rents to $425 per month – still well below market but much higher than mom & pop had charged. The residents were still receiving the best value in town, and the property is a bargain at those rents.

What the residents want

The residents were outraged that the new owner would dare raise their rents and stop doing such activities as winterizing their water lines for free. Despite due notice of the increase and explanation for its necessity and the great value it still offered, they objected completely to the mere concept that they would lose their insanely low rent and freebies.

What the law actually allows

There is no rent control in the area in which the park is located. The owner is free to raise the rents to whatever level they feel necessary. The only law is that you can only increase the rents one time per year. That’s it. So nothing the new owner did was illegal. They simply endeavored to bring the rents in-line with their peers.

So why does the media care?

Many media outlets like to feature any story that portrays American business as heartless and “ripping off” the consumer. That’s the tone of this article, as it gives 90% of the story line to the residents who hate paying more rent and about 10% to the reasons why rents need to go up (including the quote by Frank that said “We’re the only folks out there who provide unsubsidized affordable housing,” he says, “but we get criticized for trying to run the business as a business.”).

What the writer left out

The most important parts of the actual story were left out by Time. First of all, without higher rents the park will ultimately be torn down and replaced with apartments – which rent for $1,000 per month more than the lot rent. This happens across America on a regular basis. In addition, there would be no major capital expenditures going forward if rents do not allow for that. Secondly, the narrative on non-profits helping the residents buy the property is a joke. The New York based non-profit they describe has done only 21 deals in 30 years, and ROC, the other group that does these type of structures, has only averaged 12 per year. The “Democratic assemblyman” that talks of creating a bill that restricts rents to the CPI increases has no actual support and any such concept would likely be shot down in the court system – not to mention the fact that any landlord who saw such a misguided bill coming would simply raise the rent up to market instantly and well before the enactment date.

Why this is such a recurring theme

Having been the unlucky recipient of similar media attention when we raised the lot rent in our park in Austin from $360 to $450 per month (despite the fact that market rents are $600 per month there), this is a narrative that will be seen over and over again in the years ahead. The real story is simple. Mom & pop never kept their rents in-line with inflation for decades at a time. This “quantitative easing” of mobile home park lot rents has been taken for granted by residents who now are faced with paying what they should have been all along and they don’t like it. Charles Becker, an economist at Duke University wrote a paper on this phenomenon a couple years ago, asserting that mobile home park lot rents in the U.S. are likely 40% too low. As the industry consolidates, mom & pops sell to professional owners and rents go up based on economics and not “quantitative easing”, mobile home parks will stop being re-developed and residents will enjoy more capital improvements and professional management. Effectively, higher rents are good for tenants, not bad. But don’t expect to see that in any news story!


Is there any sector of American business that faces as much discrimination as mobile home park owners? We’re not allowed to set our rents based on market forces, nor are we allowed to make a profit – at least as far as the media is concerned. Yet we are the only form of non-subsidized affordable housing in the U.S. And we get zero credit for that. Pretty sad.

Want To Re-Finance Your Park Using The New Agency Debt Product?

mj vukovich

If you are considering re-financing your mobile home park, then you need to learn all the benefits of the new programs offered by Fannie Mae and Freddie Mac, collectively known as “Agency ”debt. The advantages of this type of financing are numerous, including:

  • Low, fixed interest rates
  • 12-year terms on 25 year amortization
  • The ability to re-size the loan annually and take out even more money as income increases
  • Non-recourse

MJ Vukovich is an expert on Agency debt and he works for Bellwether Enterprises, which is one of the top underwriters on this specialty loan product in the U.S. He is also a third-generation park owner who speaks your language. So give him a call today at (612) 335-7740 and let him tell you what an Agency debt loan can do for your property, or email him at [email protected].

Understanding Park Paving And Its Approximate Costs

mobile home park paved roads

This is a photo of a road we recently paved in Danville, Illinois. The look of fresh black asphalt can make a sweeping change in the desirability of the property and this impacts the attraction of new residents, retention of existing tenants, and even the appraised value when it comes time to sell or refinance. So what are the options and costs when it comes to making your streets nice? [CALL RANDY DAILY]

Before you even begin – what’s your trash system?

Nothing destroys paved roads more than dumpster trucks. They weigh the equivalent of a locomotive – about 25 times more than a car. In many cases, there’s little point to investing massive amounts in your roads until you’ve found a way to get those giant trash dumpster trucks off your roads. If you have to use dumpsters, put them near the entrance to your property with a nice enclosure. If not, see if you can convert to polycart as those truck only weigh about half as much and your roads will hold up better. Get that accomplished before you do your paving work.


The cost to patch asphalt professionally is around $4 per square foot. That’s for the type of fix job in which the pothole is cut out and then the asphalt is professionally paved back in that square. However, another option is to use “cold patch” which is an air-drying asphalt derivative that you can buy in sacks at most Home Depot stores. You open the bag, pour the contents into the pothole, and tamp it down with a 4” x 4” post (also available at Home Depot). This stuff costs around $20 per bag and you can just load some into your trunk or SUV. But it is nothing like real asphalt, and if your patch holds for a full year in a busy travel lane, it’s a miracle. These are most effective for patching small, cosmetic potholes in the middle of the street.

Seal Coating

Also sometimes called “emulsion” this is when you basically spray a black oil solution over your existing road to make it one solid color and jet black. This is very hard to price by the foot because it’s basically a spray gun that “paints” your road black. In many cases, it can make an old, worn-out, gray road look new again. But, like cold patch, it’s not super long lasting, and will begin to fade off pretty rapidly.


Sometimes the correct fix to deteriorating asphalt streets is to place a “skim coat” of asphalt directly on top of the existing road. This is mostly a cosmetic solution, as the real cause of those potholes was failure of the road base, and that’s not cured in this procedure. The cost to do a 1 ½” asphalt skim coat is around $2 per square foot.

Chip and Seal

This is the manner in which most county roads are paved. It’s a mixture of rock and tar and has a unique power in that it actually gets harder over time. It also gets a smooth surface after a whole bunch of use. Best of all it’s pretty reasonably priced, at around $1 per square foot (based on a two-ply application). But the bad news is that it’s extremely messy to install – your residents will track tar all over the place when it’s first installed. So make extra careful that you can actually get this type of road successfully installed without causing an unbelievable mess. We’ve had cities ban us from installing this type of road due to the potential mess it can cause.

Full re-paving over existing road base

Let’s assume your road is completely shot – or that there’s no paved road to begin with (only dirt). Then you need a full paving job, including road base (the stuff that holds the asphalt up). A new road costs around $3 per square foot. This is the most expensive option, but the best product and the longest-lasting.


One of the important final pieces to a great looking paved road is the striping. Whether it’s yellow or white – or red for fire lane – it’s the crowning touch that makes your road look truly professional. There are many options here as you can buy a striping rig (or rent one) for not much money, and just do it yourself using spray paint. Or you can hire the paving company to do it (and they will do a better job as they have more expensive equipment). Figure on a cost of about 35 cents per linear foot to have the pros do it. It’s definitely money well spent.


Paving is a significant cost and should be invested only with the utmost of strategy. This list will get you started. And don’t forget to get at least three bids to get the best deal.

Check Out Gama Sonic At The Louisville Home Show January 30th

car on flats

We’ve been a big fan and customer of Gama Sonic solar products since we first saw them at the MHI Vegas Show back in 2014. Dave liked it so much that he ordered about 20 units just for his yard. We’ve looked at a bunch of solar products over the years, but Gama Sonic is the best for several reasons:

  • They look the most like traditional coach lights that you’re used to seeing (same height and shape, whereas many competitors have units that are too small and “wimpy”)
  • They are the brightest. They are basically the only solar provider we’ve seen that cast enough light to truly be a replacement for traditional hard-wired or gas sources.
  • They rarely break down. We’ve had no problems with our units at all.

So why would you need solar lights in a mobile home park to begin with? Well, there are several reasons why they make a great addition to your community:

  • Affordability. Outdoor solar lights are extremely cost-efficient since they are operated by rechargeable Li-ion batteries via the sun and do not require any digging, trenching or wiring whatsoever. In addition, Gama Sonic’s products are manufactured using LED’s. Using LED solar lights are ideal for owners looking to cut back spending since these LEDs will last for 10-years and use zero electricity. But even if the power cost was the same as conventional electric or gas, you’re talking several thousand dollars saved in installation alone!
  • Safety. If your homes and communities appear to be occupied by having lighting fixtures in place, it can decrease the chances of having the property getting broken into or vandalized. And for areas known for having bad weather and power outages, exterior solar lights are beneficial since the solar fixtures would continue to function as they normally would since they are operated by rechargeable batteries – you have no reliance on the local power or gas company.
  • Hassle Free. Just look at your existing electric or gas coach lights. They are a management nightmare with bulbs or elements going out, tops broken or missing, leaning rusted poles – you name it. They’re incredibly expensive to fix or replace because you have to hire an electrician or gas plumber to re-connect them to the utility line – and that’s assuming you can even find the parts available for that old 1973 model. Limitations come when owners decide to use standard gas or electric outdoor lighting. With solar lighting, installation takes minutes and does not require costly routine maintenance or any digging, trenching or wiring. And you don’t have to change bulbs for a decade!

If you’d like to learn more about their solar lighting and special pricing, click here or call Matt directly at 727-688-5030.

I will be at the Louisville Show again this year, so you’ll find me either at the Gama Sonic, 21st Mortgage or Clayton booths, lining up our own orders for the New Year. See you there!

car on flats

Non-Running Cars In Parks: A Primer

car on flats

It’s a pretty common sight to see a non-running vehicle in a mobile home park. They are often easy to spot as they have at least one flat tire, such as the one in this photo. But they are a really bad addition to your park and are a very visible sign of poor management. So how do you correctly tackle the non-running vehicle problem?

Definition of a “non-running” car

Let’s start off with the definition of a “non-running” car. Technically, that group would include cars that simply have their inspection sticker out of date. But that’s not the right way to approach the topic. To us, a non-running car is one that is clearly non-operational and serves no purpose as far as transportation. They typically sit in your park on one or more flats, and with weeds growing through the bumpers. They are effectively yard art – and unattractive decoration at that.

Why are they so pervasive in mobile home parks?

Mobile home parks have an above-average level of these vehicles. Why is that? There are basically two reasons 1) many of our residents have very small budgets for automobiles, so they tend to buy cars in extremely poor condition, sometimes for a few hundred dollars cash and 2) they have no money to fix them when they break down. Cars that are one-step ahead of the junk yard often end up in mobile home parks.

The options for removal

So what do you do with these vehicles? The best answer is simply to hire a tow company to come into your park, sticker the offending cars, and then pull them out. There really is no Plan B that works. You asking the residents nicely to do that will have no impact as they cannot afford to hire a wrecker to get them to the dump.

But what you should never do

Although a towing company is an important resource in getting the job done, don’t ever enter into a contract with them in which they get to cruise through your property as often as they want and remove “non-running” vehicles – they won’t go for the junkers but the nicer cars that simply have their plates out of date. This will then cause your resident to miss work, lose their job, and not pay you rent. And you accomplished what in this case? You’ve wrecked your budgeted profitability. Don’t let a tow company hi-jack your business!

Horror stories

Are you aware that you can be sued in conjunction with the towing company going wild? I’ve been sued twice by residents who had cars towed under the “free roam” contract of a tow company. You can be sued for the car not actually being “non-running” as well as for there being damage to the car as a result of the tow. These type of suits only occur with nice newer cars that you would never request a tow company to remove in the first place. Another reason to not let the tow company hi-jack your business.


Non-running cars can be a big deal in some mobile home parks (but not all). Tow companies are the natural solution. But properly manage them, select which cars are truly “non-running” to be tagged, and never enter into perpetual “free-roam” contracts with them.

Why We’ve Been Converting All Of Our Water Sub-Meters To Metron

We have been rapidly converting every existing water meter in our 30,000 lot portfolio to Metron-Farnier Sustainable Services. So why are we such huge fans of the Metron metering system? The answers are many:

  • These meters are read remotely and do not require our managers to read them (or screw up the readings).
  • The meters are read by Metron every 60 minutes, 24 hours a day. As a result, Metron can alert you when there’s a leak, and that can save you thousands of dollars per year.
  • The meters are amazingly accurate and strong.
  • Metron’s meter bodies have been manufactured in Europe for years – they are well-established and a proven performer.
  • Metron’s electronics are built and tested in Boulder, CO.
  • The cost is only around $5 per month per meter, and in most states this cost can be passed on to the resident.
  • These meters do not require you to have access to them, so they are perfect for winterization or difficult access situations.

So why would you not use Metron? We don’t have a clue.

To get more information on Metron metering, call Rick Minogue at 303-449-8833 or email him at [email protected]. Tell them that Frank & Dave sent you. We’re their biggest fans.

Here’s Your Copy Of This Month’s Manufactured Housing Review

If you enjoy this monthly newsletter, then you will certainly also like the Manufactured Housing Review – the industry’s only monthly magazine that covers many different industry topics. Edited by our friend Kurt Kelley of MobileInsurance, MHR offers many insights and opinions that reflect current events in the affordable housing industry, with no topic taboo.

To view this month’s issue, click here!

Are You Using Your Spare Time To Maximum Advantage?


Many – if not most – park owners have full-time day jobs. They juggle park ownership with holding down often demanding professional occupations. They do so using highly efficient time management. Taking control of your time can yield big dividends.

The simple daily math of time

I found a copy of a 1926 magazine recently that contained an interview with the richest man at that time. When asked about how he made so much money he said that it was simple. He worked 12 hours a day, slept for 8 and spent 4 hours on other interests (which included investments). If you compare that to the average American – who works 8 hours, sleeps 8 hours, and has 8 hours to spare – the problem is perhaps not only that they need to harness more positive use out of this spare time. If you really think about it, 8 hours a day of spare time is actually quite a bit, and the guy in 1926 worked seven days a week, so there’s an extra 32 hours of spare time each weekend to be spent productively.

Keeping a time sheet of how you use your “leisure” time

So if spare time is one of our greatest assets as a nation, how come we get so little out of it? Perhaps a good start is to keep a time sheet of what you actually do with it. Simply write down how you spend your hours after work for one week and see if you can find some patterns. How much of this do you spend getting exercise? What about watching TV? Time with family? Working on your personal investments?

Allocating this spare time to create a second source of income

Based on your findings, how much of your time can you dedicate to creating a second stream of income – basically a commitment of time and money to this new venture. If you can simply devote 1 hour per day of your 8 hours of spare time to mobile home park investing, that could make a huge difference in your financial future. If you listen to the Lecture Series events we do when we interview existing park owners, you’ll hear the common theme that they spend 4 hours per week managing those properties. That means that would allow you to not only manage your existing parks but also devote another 3 hours per week to finding new ones to buy.

The win/win of higher energy use of time

There’s an old expression that says “work hard and play hard”. This means that you should remove the time that is spent on mindless entertainment like watching television. Instead, what about re-directing this time to mobile home park investing? By getting rid of the “fluff” in your schedule, you may find that you end up being more focused on your other leisure activities and family relationships. If you spend 8 hours at work, 1 hour mobile home park investing, 7 hours in other leisure activities, and 8 hours sleeping, that’s a pretty healthy split, right? That little addition to forming an additional income stream could have huge dividends for you.

How losing some weight can also help

Some people tell me “I can’t really do much after work because I’m too tired”. I also shared that problem in recent years. So, on a personal note, I buckled down and lost 40 pounds over the past two years. It’s made all the difference in the world. I have a fraction of the fatigue. I believe that I was propping my energy up with such toxic items as McDonald’s sweet tea and this only created an endless cycle in which I was causing the problem with my supposed cure. Losing weight ties back to the same issue we are talking about with time: re-directing your calories to cut out the “fluff” and devoting yourself to a healthy plan.


Everyone has the time to start an additional income stream. Mobile home park investing can be easily merged with your current day job, and will not interfere with your family obligations. The key is simply to look fairly at how your time is currently spent and make the necessary adjustments.

Environmental Hazards In Mobile Home Parks: A Cautionary Tale


Decades ago, Americans cared very little about pollution. We pumped raw sewage into rivers and let gasoline tanks leak at the local service station. But all that changed in the 1970s with the discovery of the “Love Canal” which was America’s first superfund site. It was a canal in which companies dumped chemical waste and it negatively impacted those who lived alongside this water feature. After that the nation went on a witch hunt for all source of pollution and the subsequent clean-up. And mobile home parks can sometimes sit on top of bad things that can cost millions of dollars in remediation. So how can you protect yourself? The answer is the Phase I.

What is a Phase I?

It’s a study that is performed to grant the property buyer a legal defense under the national “superfund” mandate (also known as the innocent purchaser defense). Those who conduct a Phase I Environmental Assessment are off the hook for the cost of the clean-up should a major environmental contamination be found later and this includes any criminal penalties. A Phase I includes research based on the EPA database of known contamination sites, aerial photography going back to the era in which the land was undeveloped, and on-the-ground inspection for telltale clues of environmental contamination. In addition to these steps, the environmental engineer looks at all other historical documentation including city directories of past business uses on the property and even interviews with knowledgeable individuals with knowledge of past property use. A good Phase I Environmental Report features all of this information is a highly organized binder, with the final summary letter as to whether the property passes or fails.

Why it’s essential when buying a mobile home park

Without a Phase I you run the risk of buying a contaminated property that is going to bankrupt you through the loss of your investment or worse. In addition, you will run afoul of U.S. law on pollution that could even feature criminal penalties. So it’s not an optional item. If the park fails the Phase I, your options are to drop the deal or do a Phase II and Phase III to determine the extent of the problem and the plan to remediate it.

What we’ve seen or heard over the past 20+ years that might sober you up

Before you say “that’s too hardcore for a mobile home park – I bet they never have contamination, here are just some of the situations we’ve seen or heard of in the past:

  • A park built on top of a landfill in a major metro area of Ohio. It was a gated community that just happened to be located on top of a former dump, with bursts of methane bursting out of the ground frequently.
  • A park that had been built on top of an army munitions plant in the Midwest. Even worse, it was where the primers were made which are extremely dangerous and can go off without notice. Effectively, the park was on top of unstable WWII detonators – basically a land mine.
  • In Montana, a park that sits on top of a Superfund site, containing arsenic and lead. The government knows about it, but the future park owner wouldn’t if they didn’t do the Phase I.
  • A park in Iowa that is built on top of a former dry-cleaning facility (dry-cleaning fluid is one of the most dangerous carcinogens in the world).

And these are just some of the most remarkable examples. In each case, the property itself looks like a great asset to own – there’s no visible clue as to what’s underground.

When it’s not important

Trick question: IT’S ALWAYS IMPORTANT. Never buy a mobile home park without doing a Phase I Environmental Assessment. Period. And don’t think you can get around this issue by buying “pollution insurance” as this will not necessarily protect you from the U.S. government’s actions stemming from the Superfund legislation.


At a cost of only around $2,500, a Phase I is the best bargain of all third-party reports – because it can literally save your life. Don’t scrimp when buying a mobile home park and forego this huge protection. We would never buy a property without one – and we recommend that you do the same.

How To Make Driving Mobile Home Parks More Pleasurable

1930's airline

One component of mobile home park investing – for most people – includes driving to look at both properties to buy as well as managing ones that you already own. So how can you make this drive time pleasurable. We’ve learned a lot of tricks over the past 20+ years of driving properties.

Treat yourself as you drive

Don’t do anything crazy, but indulge some bad habits in a small way to make yourself look forward to driving. And I’m talking fast food here. On every trip, pull into the drive-thru and buy something to eat that you would never do in normal life but that you always crave. This might be tacos at Jack in the Box or a Dairy Queen blizzard. Sure, it’s not good for your diet, but it won’t do much damage to your waist line just this once.

Stop and walk every hour or so

There’s nothing worse for your body than sitting rigidly in a car all day. The better idea is to break up your drive with regular intervals of exercise. Set the timer on your phone and when it goes off every hour, get out and walk around a mall, park, store – whatever you can find that’s safe. Walk for about 15 minutes (which is around a mile) and then get back in the car and off you go again.

Use your time productively: double task

There’s no reason that the highest and best use of your time while driving should be looking at the countryside. Instead, use this time to make calls and devise plans. There have been great brainstorms derived while at the wheel, and calls help to keep you mind active while you drive. Be sure to use CarPlay if you have it or put your phone on speaker phone – we don’t condone driving with one hand while the other is holding the phone.

Rent or buy a full-size car

The U.S. trend for small cars is not in sync with the realities of pleasurable driving. If you’re renting or buying a car for your mobile home park travels, go with the full-size models. Sure, you’ll get less miles per gallon, but you’ll make that up in smiles per gallon.

Stick to highways and cruise control

While the GPS can sometimes take you on curving country roads that might save you ten minutes, instead stick to highways and utilize cruise control. There’s no greater form of luxury travel in America than a large car on cruise control – it’s better than air travel, by far. It’s the constant braking that drives you nuts when driving, and a straight road with cruise control is extremely low stress.

Don’t do more than about 5 hour per day if you can help it

If possible, do not drive excessive amounts in one day. One thing that gives many people a bad idea about driving is the concept of going 10 or 12 hours in one day without stopping. While this may be the fastest way to get from Point A to Point B, it’s not the best way to do it. If you limit your driving to roughly 5 hours per day, then you will find the time passes quickly and you have no fatigue.

Look forward to what you’ll see when you get there

Finally, one great way to enjoy driving is to build up the excitement of the important of your mission. Every time I drive to see a mobile home park, I tell myself all about what I hope I see when I get there – perfect property condition and great pride-of-ownership. Any vacant home ready to sell with the appropriate signage. A community manager that is on top of the details. Just like Christmas, that makes getting there much more exciting to see if the park meets my expectations.


Driving mobile home parks can be fun. You can look forward to it. It’s all in the way you do it. These tips can help.

Is Your Attorney a “Deal Killer” or a “Deal Maker”?

How many deals have you seen go down the drain because your attorney stacked up a million roadblocks to even the simplest problems, and then failed to offer any path to solve 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. 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.

What Signs Belong In A Mobile Home Park?


The 1970s classic hit “Signs, Signs, Everywhere a Sign” might have been written about a mobile home park. There are plentiful signs in most parks – and rightfully so. But what are the necessary signs to put up in your property and where should you put them?

The name, address and phone number of the property

The first sign in any property is the “entry” sign, which tells the name, address and phone number of the mobile home park. This is the most important sign and, as a result, needs the greatest attention and capital investment. Let’s start off with the name of your property. Do NOT put the words “manufactured home community” or “mobile home park” on this sign – the industry is getting away from that. Anyone driving by can clearly see it’s a mobile home park. Just put the park’s name, address and phone number on it. Make sure this sign is perpendicular to the main road, not parallel, and that it’s large enough to be seen clearly. Most entry signs are 4’ x 8’ or 5’ x 10’ in size.

Office directional signage

The next most important sign in most properties is the locational sign pointing customer to the manager. Typically you have a sign at the entrance and then another at the office itself. These signs should feature an arrow pointing the customer in the right direction. This should be mounted on a white vinyl post with attractive cap probably 20’ up the entrance on the right-hand side of the street for incoming traffic.

Private property – no trespassing

Your mobile home park is private property. You do not want anyone to enter your property and go door-to-door selling anything (including other park owners trying to steal your tenants). In many states and cities you have to post a sign stating “Private Property – No Trespassing” or people have that right. IF this is the case, this would be very important to put near the entry, perhaps beneath the manager directional sign.

Unauthorized vehicle towing

Just like the private property sign, in many areas you have to post a notice that unauthorized vehicles will be towed in order to enforce your rules on towing non-running cars. If that’s the case, then this should also be on a pole near the entrance. But if it’s not required, then skip it because the more signs you have that are negative in nature the more your property looks uninviting.

Speed limit

These signs are important from a liability standpoint and will be heartily recommended by your insurance agent. The normal speed limit is either 10 or 15 mph (some parks use 5 mph but that’s pretty unreasonable for anyone to obey). While there’s no way that you, as the park owner, can make sure that nobody speeds, it’s important to let them know that doing so is unacceptable and, if there is an accident, it’s vital that you have done well with the paper trail by posting the speed prominently.

Children at play

These signs are recommended by most insurance carriers but not required. But at a cost of only about $40 per sign, why would you not post them? Most parks have one of these at each entrance, and possible a couple more throughout the park depending on the size of the property.

Speed bump

Speed bumps are always an interesting topic to discuss. Most insurance companies see them as both an asset and a liability, so they are rarely recommended to be added. There are probably more injuries and lawsuits from speed bumps than property and life that is saved as a result – there have even been recorded fatalities from speed bumps. The general rule is to approach each park on a custom basis, looking at what’s already existing and the benefit of adding more. The general rule is to not add them, and to make sure existing ones are not too extreme. That being said, it’s always a good idea to put a sign up to notify the driver of a speed bump in both directions, so they can brake to minimize the effect. Again, it will come in extremely handy if there is an accident.

Pool signage

If your park has a swimming pool, it’s essential that it has all of the mandated signage warning the users of the dangers involved. These include depth markers (so people don’t get in too deep) as well as “no lifeguard on duty” to let them know they are on their own. There may be additional signs required by state, county or city ordinance, and you better have every single one of them and in the correct position. Swimming pools are a dangerous amenity, and you need all the right signs to lower your potential liability risk.

Mailbox signage

If you have a central mailbox area, it’s always a good idea to install a Fair Housing sign from HUD, as well as supportive signage to welcome residents home and even announce events in the property. A good, locking, all-weather, community bulletin board will do wonders to keep your customers informed and happy with their decision to live there.


Signs are important tools in mobile home parks, and you should be sure to have the right ones and in the right places. This list will get you going.

The CASH Program From 21st Mortgage: One of the Big News Stories of 2018

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 visit their website or call Candice Doolan at 800-955-0021 ext 1735 or email her at [email protected].

In Case You Missed The Frank & Dave Christmas Show

The Frank & Dave Christmas Show is our annual review of good deeds, bad deeds, predictions for the New Year and an opportunity to give back to our residents. This year we gave away some really big items, and we think you’ll really enjoy the reactions. So although the eggnog in your refrigerator may be expiring, go grab a glass and click here to see what you missed. And have a belated Merry Christmas!

Why We Love College Towns

colleges with mobile home parks

College football is in full swing, and many prefer it over the NFL. In the same vein, many park owners prefer college towns to virtually any other type of metro market. So why do owners (including ourselves) love college towns so much?

Always an upbeat atmosphere

The first thing you’ll notice in college towns is a sense of enthusiasm and positivity that is seldom at as high a pitch in other markets. Maybe it’s because of the sports and theater programs, or maybe it’s because there’s always a freshman class bubbling with excitement. The bottom line is that these towns have a winning attitude towards business that’s contagious and always works well.

Our three favorite types of employment are 1) healthcare 2) government and 3) education. Why is education such an important bedrock? Because colleges can’t really layoff or downsize. Parents are going to send their kids to college in good times and bad, and the government provides student loans to make that perennially possible. Even in the middle of the next Great Recession, you’ll find low unemployment stats in college towns as they are basically insulated from reality.

Strong housing stats

College towns are typically a pretty affluent market. Your have all those high-earning teachers and staff, coupled with kids that are subsidized from home and pretty demanding customers. As a result, it’s normal to have high median home prices as well as apartment rents, which results in higher lot rents. And, again, since these areas are protected from reality, the housing numbers seldom go down.

A souce of other job growth

In today’s high-tech world, many industries pull their talent directly from colleges. That’s typically where you’ll find new companies going in (just look at Google and Austin) as well as hospitals that want to tap into medical schools. These are also great employers and mostly recession-proof, as well.

Past experience

We have never had an investment go bad in a college town, and that’s why we have so many in our portfolio. All in all, probably one of the best attributes we can hear when first looking into a potential deal is that there’s a college in the town.


College towns and mobile home parks are a great match. They typically offer solid employment and housing without exposure to economic downturns. You should give additional attention to these situations.

Need A Phase I Environmental Report? Mike Renz Is Your Man For The Job!

The New York Times called Frank a human encyclopedia of all things mobile home park and, if that’s true, then Mike Renz is the human encyclopedia of all things under the ground. You see, when it comes to Phase I Environmental Assessments, nobody in the industry is more knowledgeable than 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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If you need more information please call us (855) 879-2738 or Email [email protected]