Buying mobile home parks - Posted by Ed

Posted by Ed on December 30, 2003 at 13:00:31:

Thanks Ray

Buying mobile home parks - Posted by Ed

Posted by Ed on December 30, 2003 at 08:54:02:

I was thinking of buying some mobile home parks (possibly not in the state where I live). I currently own apartment buildings, but was thinking of diversifying. I was hoping to gain some good insight of how these investments differ. I was also wondering about maintenance and upkeep. Do I ususally own the roads going through the park? What CAP rate are these parks usually sold for? Is there usually an on-sight maintenance person? What are some good books I should be reading?

Don’t Forget Ray’s Book! - Posted by Max in OH

Posted by Max in OH on January 02, 2004 at 14:11:17:

Ray is being too modest and not forthcoming enough about promoting his own book/course, also available on this site. I can speak first-hand; it is excellent.

Re: Buying mobile home parks - Posted by ray @lcorn

Posted by ray @lcorn on December 30, 2003 at 11:22:29:

Ed,

Just answered that question… see this thread http://www.creonline.com/mobilehomes/wwwboard4/messages/34763.html

Also, check out Ernest Tew’s books in the bookstore.

ray @lcorn
Host- CRE Online Commercial Forum

“If you’re going to be thinking anyway, you might as well think big.” -Donald Trump