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Mobile Home Park Investments - How To Make 10% To 20% On Your Money
When you hear the words "mobile home park", what do you immediately think? Hillbillies with rebel flags in their windows? The show COPS? Sure, that's the stereotype, but the truth is that a huge number of Americans- about 20 million of them- live in mobile home parks. And the demographic make-up of this group is not much different from normal residential subdivisions and apartment complexes.
How Mobile Home Parks Make More Money Than Single-Family Home Investing
Just about anybody who watches late night TV, or receives email, or reads, knows that there are hundreds of people promoting concepts to make money in single family homes. "Buy foreclosures", "profit from short sales", "wholesale houses", there are at least 1,000 different concepts. Unfortunately, the only people who actually make money in many of these ideas are the promoters. There are so many people chasing after single-family homes to invest in that the market is beyond saturated, and any profitability has been extinguished. This is not the case with mobile home park investing.
Mobile Home Parks: How To Dispose of Ancillary Assets
Mobile home parks sometimes come with the strangest assets. I have wound up as the owner of everything ranging from used car lots to commercial laundries, and from apartments to single-family homes. How does this happen? Since most mobile home parks are fairly old, the original owner sometimes had additional businesses for rental properties that he owned in his heyday. And when you buy the park, you get the whole works.
How to Finance a Mobile Home Park: You Can Still Get Zero Down Financing
With single-family homes, a legitimate zero down deal is about as likely as snow and sleet in San Diego. However, with mobile home parks, they are as common as rain. Of the 25 mobile home parks I've bought, about five of them or 20% -- were zero down.

How to Really Make Money with Mobile Home Parks
Anyone can buy a mobile home park. And many do. But if your goal is to truly make money with it, then there are some simple rules that you must consider before taking the plunge into this niche. If you follow these guidelines, your chance for success is much greater, and your chance for failure is drastically reduced.
Mobile Home Parks: The Perfect Storm is Building for the Best Deals in Decades
Mobile home park sales have been in a continual decline since 2000. From a peak of almost 400,000 units sold per year then, sales are down to under 100,000 today. And most of those sales are units that do not end up in parks. The good news is that, unlike the single family home industry, bad new home sales have been in every park owner's and bank's budgets for almost a decade. There is no collapse to worry about -- it's already been dead for a decade. And no sellers are trying to use numbers based on good sales that are not really there anymore, nor do you have to guess when the rebound will occur.

Mobile Home Parks - How to Properly Enforce the Rules
Many mobile home park owners feel that it is their duty as the owner to rule with an iron hand. They think that they can cure all of the park's ills with rule after rule. At with many parks, the rules section is longer than the lease itself. But is the park any better off with "rules phobia"? I have tested operating parks with extreme rules enforcement, and also with virtually no rules enforcement at all. And I think I have found the solution to successful park rules.
How to Make Money in the Mobile Home Park Business
Although it has taken us literally thousands of pages to describe how to do due diligence and operate mobile home parks effectively, the general theory on how to make money with mobile home park investments could fit on the back of an envelope. These are the few, simple steps to making money in mobile home parks.
Buy Mobile Home Parks - What Will You Tell Your Grandchildren if You Miss This Opportunity?
There has not been a better time to buy that mobile home park in the last decade. Due to problems in the commercial real estate lending market, prices for parks have plummeted over the last six months. Desperate sellers are dumping their parks at prices far less than construction cost. Just look at the prices on the site. Notice how many sellers have written on their price "must sell", "desperate", and "all reasonable offers accepted". And they are also advertising "seller financing available". It is, without question, a buyers market.

Mobile Home Parks - Lessons from the Olympics
The 2008 Olympics in Beijing offers an important lesson to the mobile home park industry. Here you have an event where athletes have taken a certain specialty, a certain strength, and turned it into an extremely advanced skill. Some of these people you and I could beat in at least a dozen parlor games, but in their specialty, they are the tops in the world. So that begs the question: What is the specialty that the mobile home park industry has to offer? What can it alone focus on and excel at?
Mobile Home Park Owners - Why You Should Pay Close Attention to the Utilities
When you first buy a mobile home park, you should pay close attention to the utilities. Why? What if it breaks down? If so, can you afford to fix it? Will your tenants get mad and leave if the water goes out for a couple days? One of the key things to remember is that each mobile home park's utilities has its own personality. Just like people, all utility systems have their own strengths and weaknesses. The key to living with your utility system is to recognize it's unique "personality" and to accept it for what it is.
Mobile Home Parks - How to take Advantage of the Greatest Buying Opportunity in Decades
Warren Buffet once said of Berkshire Hathaway, "We only get greedy when others get fearful." That statement has never been more accurate in describing the opportunities in the mobile home park business. We are approaching a time in the industry when the owners of mobile homes for sale are fearful, and their fear is amplified by a struggling, nearly dead mobile home retail industry and a sudden reversal of fortune in lending. It appears to be the perfect storm for many owners. And that cyclical train wreck is going to lead to some really great buys if mobile home park buyers are properly prepared to take advantage of this once-in-a-lifetime buying opportunity.
Why Good Looking Mobile Home Parks Have Ugly Returns
Some mobile home park buyers have this erroneous idea that the goal is to buy a great looking asset. They even rate the parks they look at based on physical appearance. The star system is a good example. Most people think a five-star park is always superior to a one star park. However, the only real star system they should consider is which park is a superstar on cash flow. Because at the end of the day, all that really matters when you own a mobile home park is making money. Parks that make money are great, no matter how ugly they are, and parks that lose money are dogs, despite how cute their entry may be. And, as a general rule, the prettier the park, the uglier the cash flow.

Mobile Home Parks - How to Spot and Identify Crime
Unless you have spent time in law enforcement, there are certain signs of crime that you would never notice as a result of your sheltered existence. However, there are important crime signals that every mobile home park owner should know, but that nobody will tell you due to political correctness.

The Only People Getting Rich Renting Mobile Home Parks Are Tenants and Maintenance Men
There are a lot of books out there extolling the financial benefits of buying mobile homes for purposes of renting them out. DON'T BE SUCKERED INTO THIS WITHOUT GETTING THE FULL STORY. These books generally leave out three important problems that turn any proposed economics into bankruptcy.
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Other mobile home parks Related Articles

Mobile Home Park Investments - How To Make 10% To 20% On Your Money
When you hear the words "mobile home park", what do you immediately think? Hillbillies with rebel flags in their windows? The show COPS? Sure, that's the stereotype, but the truth is that a huge number of Americans- about 20 million of them- live in mobile home parks. And the demographic make-up of this group is not much different from normal residential subdivisions and apartment complexes.
How to Retire on Just One Mobile Home Park
Most mobile home park owners tend to amass a portfolio of several parks, simply because, after acquiring the skill sets, it seems wasteful not to buy "just one more". But, in reality, they only need to buy one mobile home park to be set for life. How can this be? There are several reasons.

Mobile Home Parks: How To Dispose of Ancillary Assets
Mobile home parks sometimes come with the strangest assets. I have wound up as the owner of everything ranging from used car lots to commercial laundries, and from apartments to single-family homes. How does this happen? Since most mobile home parks are fairly old, the original owner sometimes had additional businesses for rental properties that he owned in his heyday. And when you buy the park, you get the whole works.
How to Finance a Mobile Home Park: You Can Still Get Zero Down Financing
With single-family homes, a legitimate zero down deal is about as likely as snow and sleet in San Diego. However, with mobile home parks, they are as common as rain. Of the 25 mobile home parks I've bought, about five of them or 20% -- were zero down.

Mobile Home Parks - How to Properly Enforce the Rules
Many mobile home park owners feel that it is their duty as the owner to rule with an iron hand. They think that they can cure all of the park's ills with rule after rule. At with many parks, the rules section is longer than the lease itself. But is the park any better off with "rules phobia"? I have tested operating parks with extreme rules enforcement, and also with virtually no rules enforcement at all. And I think I have found the solution to successful park rules.
How to Make Money in the Mobile Home Park Business
Although it has taken us literally thousands of pages to describe how to do due diligence and operate mobile home parks effectively, the general theory on how to make money with mobile home park investments could fit on the back of an envelope. These are the few, simple steps to making money in mobile home parks.
Buy Mobile Home Parks - What Will You Tell Your Grandchildren if You Miss This Opportunity?
There has not been a better time to buy that mobile home park in the last decade. Due to problems in the commercial real estate lending market, prices for parks have plummeted over the last six months. Desperate sellers are dumping their parks at prices far less than construction cost. Just look at the prices on the site. Notice how many sellers have written on their price "must sell", "desperate", and "all reasonable offers accepted". And they are also advertising "seller financing available". It is, without question, a buyers market.

Why Good Looking Mobile Home Parks Have Ugly Returns
Some mobile home park buyers have this erroneous idea that the goal is to buy a great looking asset. They even rate the parks they look at based on physical appearance. The star system is a good example. Most people think a five-star park is always superior to a one star park. However, the only real star system they should consider is which park is a superstar on cash flow. Because at the end of the day, all that really matters when you own a mobile home park is making money. Parks that make money are great, no matter how ugly they are, and parks that lose money are dogs, despite how cute their entry may be. And, as a general rule, the prettier the park, the uglier the cash flow.

How to Rent a Mobile Home Park in a Tough Economy
You can't be a mobile home park owner and not realize that the good old days are over in filling up vacant mobile home park lots. Those of us who owned parks in the late 1990s became spoiled with how easy it was to fill up a mobile home park. Back then, all you had to do was to meet with a few dealers, drop off some flyers, and you would start bringing in a home a week.
Finding and Evaluating Mobile Home Park Investments
Of all the questions I receive from investors that are looking to purchase a mobile home park there are two questions that are asked most often: 1) How do I find a mobile home park deal that makes sense? 2) How do I place a value on that mobile home park? These are important questions and there are several ways to find mobile home park investments and even more ways that one can approach evaluation of that investment.

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