How to successfully invest in mobile home parks for beginners.

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If you are interested in this topic you can find more information out at the links below.
Mobile Home Park Investing for Beginners | Commercial ...www.commercialpropertyadvisors.com/mobile-home-park-investing...
You're about to discover what every beginner should know about investing in mobile home parks (MHPs). You'll learn the 2 types of deals, the 4 key demand ...
Learn How You Can Start Investing in a Mobile Home Parkthecollegeinvestor.com/mobile-home-park-investing
Feb 11, 2020 - There is an alternative that is fairly low-key and doesn't get much attention: mobile home park investing. Unlike single-family home investing, investors don't own the trailers in the mobile home park. Instead, they own the land. Tenants own the trailers and pay rent for the space to park them.
‎ Acquisition Costs · ‎ Maintaining the Mobile ... · ‎Financing Your Mobile ...
Mobile Home Investing: A Beginner's Guide - REtipsterretipster.com/mobile-home-investing-for-beginners
As an active mobile home investor, you will find that some mobile homes are located in pre-existing mobile home parks, while others attached to their own ...
How To Make $100,000 A Year Cash Flow With One Mobile ...www.mobilehomeuniversity.com/articles/how-to-make-100000-a-...
For many people, the answer may be in a good old fashioned trailer park. ... How To Make $100,000 A Year Cash Flow With One Mobile Home Park Investment.
#RealEstateInvesting #AlternativeInvesting #BeInfinite

Опубликовано:

7 июл 2024

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Комментарии : 39

@mariodattilo 2 года назад

Great interview! We own mobile home communities in several states and the details in this video are truthful and accurate.

@frankmangano7972 2 года назад

Right now a new single wide 16 x 80 plain Jane mobile home would cost you about $70,000 delivered. I buy them all and for under $10,000 sell them, charge them $430 a month and repeat. Sometimes I let them pay at least half and the balance and $1000 per month increments plus the $430 lot rent. If someone’s better at this than me, I would love to meet him/her.

@tomscott4721 2 года назад

How do you buy them for under 10,000? You will be buying MH's that are 30-40years old. Is that a good investment?

@silvanabarria6774 4 года назад

Loved this thank you Guys

@NicholasWoodBroker 3 года назад

Extremely valuable content Ken. Thanks

@JasonCWaite 4 года назад

Loved this.

@snpOSRS 3 года назад

great job with this! thank you

@mikeparsons3921 4 года назад

Awesome Information! Exploring this potential asset class

@salramirez1985 4 года назад

Excellent...!!! Thanks again 🖖

@KenMcElroy 4 года назад

Thanks so much for watching and commenting Sal!

@patmorales6568 2 года назад

Great video! I agree, it’s a market that is almost unspoken of. I would like some mentoring on this topic please.

@dmustakasjr 4 года назад

Build apt... whats a development deal look like compared to your traditional (for Ken) multi-unit apt complex deal?

@frankmangano7972 2 года назад

When I bought my first part by assuming a foreclosure for $110,000 lot rent was $100 per month. Now rent is $430 per month and I get 3 to 4 calls per week trying to buy them at four to $5 million for this particular one

@rickyticky3350 2 года назад

Does the city help you install the roads or how does that work ?

@sandramcphee9943 2 года назад

Wish I saw this before I bought mine but still is a great investment….just had new electric and water done….this year I should be ready to move people in….

@ryanthepianoman27 2 года назад

Your rich!!

@frankmangano7972 2 года назад

BTW, the ROE is ridiculously high compared to an apartment complex. I’m responsible for where the water comes out the ground and where the sewer goes back into the ground the home is theirs to maintain.

@absoluteqw Год назад

Too bad I didn't watch this two years ago. Still great information to have.

@geoscapes7082 4 года назад

If you have a mobile home tenant who owns the mobile home and stops paying rent on the lot that you own. how do you evict them?

@oscarrlee18 4 года назад

House is the tenants property . Think of a scenario where one pays for parking their car in your garage and stops paying. Think small claims asset seizure once judgement is won etc

@recyclespinning9839 3 года назад

Thanks for video, I was looking at this as an investment. What type of tenants rent in mobile homes ? Consider you have to ; buy the home , then pay land rent, utilities, etc. You can rent an apartment for less .

@RicardoHernandez-zr1pw 3 года назад

All types of tenants! People who want a private yard that you won’t have in an apartment.

@lexieharrelson8848 2 года назад

Our park has mostly people that can't qualify for apartments. We are on a month to month leasing system so it's easier to take possession of property. Demand stays high because of the affordability. We are always at least 90% occupied with a waiting list to sign new leases.

@richardkusimenkah Год назад

Seems like a potential great investment but has way more hurdles compared to more traditional methods. Oh well big risk big reward

@amidrachid1001 4 года назад

Sr.ken. I’m 20years of age and I’m still a student I really like real estate and I’ve got no cash to start the investment in real estate and I believe my parents also will not really help me on this bcause they’ve the poor dad mindset, so I’m alone on this one. My plan is to take a long term bank loan so i by the asset(two badroom) house in a strategic place than I’m sure if a rent it it’s going to generate income, so since I’m alone on this it’s very risky and risks are good bcause I’ll learn from it, and it’s going to be a very big step for and since you’re in this path for long I’d like to know if I should take this big step or if I should reevaluate this plan or if I should try it sr.ken!!thank you

@clintongrim6230 3 года назад

surround yourself w likeminded people

@anthonygallegos4708 3 года назад

Find yourself a mentor to help guide you through the process. Good for you to be thinking this way at an early age. Best of luck!

@frankmangano7972 2 года назад

Above it says gross $600,000 a year, I had an offer for $12 million for park does grossing $96,000 a month. I laughed and told them I could talk mobile home parks all day but I’m not selling any. Which brings me to what’s my next best option for the proceeds, I don’t know one that’s legal.

@rickyticky3350 2 года назад

Can I have a million dollars ?

@LiLiperspectives4me 4 года назад

What state does a mobile home cost 42,000.00

@Higgs000Boson 4 года назад

I live in TX, here you can buy it for this much

@RicardoHernandez-zr1pw 3 года назад

Texas. Is that a lot?

@sashaminx75 2 года назад

Double wide probably, with appliances included

@frankmangano7972 2 года назад

90% of the theories I heard just now are inadequate.

@GlennGoryl Год назад

If it was easy, everybody would be doing it and you'd have to pay 3% cap rates.

@Millionrewards 4 года назад

Sir Ken,..I quit my job, to start my own business but it's not work...I try to start with no money in my pocket today and I had dept to pay every month.. And today I start selling in other people property to make a commission on the every deal... Can you advice me Sir? I want to continue to develope my skills in entrepreneur ? Sir Ken I want to build my own assets,..how ?

@ryanthepianoman27 2 года назад

Bad idea!! You screwed up!!