Help! I'm Interested in Buying M. H. Park - Posted by Erich

Posted by Greg on November 13, 2000 at 07:55:17:

Check out Dealmakers guide to mobilehome parks by Ray Alcorn. It has lots of info on due dilligence for parks.

Help! I’m Interested in Buying M. H. Park - Posted by Erich

Posted by Erich on November 10, 2000 at 13:30:37:

I’m working with a broker to buy a mobile home park as an investment in California. My idea is to add cash flow to my real estate portfollio. However, I don’t know a thing about mobile home parks, but have lots of experience in propertry management and aquisition.

Can anyone recomend a good book or course on buying and maintaining a park?

When my broker tells me about a park 5 hours away what criteria does one look at before driving all the way out there (other than the obvious stuff cap. rate, ROI, vacancy, location, etc.

Thanks in advance for the info.