The New Investor's Guide to Owning a Mobile Home Park PDF Download

Author: Laura Cochran
Publisher:
ISBN: 9780984243532
Category :
Languages : en
Pages : 250

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Book Description
The New Investor's Guide To Owning A Mobile Home Park: Why mobile home park ownership is the best investment in this economy and step by step instructions how to acquire and manage a profitable park Multi-park owner and manager of her own mobile home parks, Laura Cochran, believes that owning a mobile home park is the best investment and attainable for anyone who wants to add a mobile home park investment to his or her portfolio. "Purchasing a mobile home park is in my opinion, and based on my own twenty-two years of real estate and mobile home park investing, the best alternative investment for the serious investor. I think every investor should own a mobile home park, and here is why: -Low to zero vacancy rate -Steady monthly income -Predictable monthly cash flow -Good return on investment -Investor has control over cash flow and vacancy rate -Additional opportunities to increase cash flow through rent raises and eliminating utility bills via pass-through billing -Mobile home parks hold their market value and appreciate in value -There is always a demand for affordable housing found in parks -You retain your initial nest egg that you purchased the park with - your investment dollars are in tact This purchase of The New Investor's Guide To Owning A Mobile Home Park takes you through 25-Chapters of step by step instruction, and includes SIX FREE MONTHS of unlimited park browsing on our exclusive mobile home park website www.mobilehomeparkinfo.com as detailed in Chapter Three. Wishing you every success with your continued investing ventures as you research and discover the possibilities of adding a mobile home park to your investments." -author Laura Cochran This Mobile Home Park investor's guide contains the following 25 chapters: Chapter 1 W.O.W. WORKING FOR YOUR MONEY, OWN YOUR OWN BUSINESS, YOUR MONEY WORKING FOR YOU Chapter 2 TYPES OF PARKS Chapter 3 WHERE TO FIND PARKS FOR SALE Chapter 4 WHAT MAKES A PROFITABLE MOBILE HOME PARK: CAP RATES AND CASH FLOW Chapter 5 FINANCING: HOW CAN YOU AFFORD A MOBILE HOME PARK? HOW CAN ANYONE? Chapter 6 GETTING STARTED: INTERVIEWING BANKS Chapter 7 SETTING UP YOUR BUSINESS: THE VALUE OF A CORPORATE VEIL Chapter 8 YOUR PROFESSIONAL CIRCLE Chapter 9 BUYING VERSUS DEVELOPING Chapter 10 QUESTIONS TO ASK BEFORE BUYING A PARK Chapter 11 WHY ARE THEY SELLING? WHAT CAN YOU FIX THAT WILL MAKE THIS PARK PROFITABLE? Chapter 12 CONGRATULATIONS- YOU BOUGHT A PARK! Chapter 13 MANAGEMENT: WHO IS GOING TO MANAGE YOUR PARK FOR YOU? Chapter 14 TIME-SAVING SOFTWARE Chapter 15 GO AWAY... AND STILL MANAGE YOUR PARK Chapter 16 PAY YOUR OWN BILLS Chapter 17 UTILITIES Chapter 18 PARK RULES Chapter 19 BE STRICT Chapter 20 COLLECTING RENT Chapter 21 NOTICES: WHAT HAPPENS WHEN TENANTS FAIL TO PAY RENT Chapter 22 GOING TO COURT: FED'S AND TRIALS Chapter 23 PROBLEMS IN YOUR PARK Chapter 24 KEEPING YOUR PARK FULL AND PROFITABLE Chapter 25 STEP-BY-STEP INSTRUCTIONS: CHECKLIST FOR BUYING YOUR MOBILE HOME PARK

Author: Glenn D Esterson
Publisher:
ISBN: 9781673921922
Category :
Languages : en
Pages : 308

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Book Description
The mobile home park industry might be the last thing you ever thought of investing in. It likely wasn't even on your investment radar until the last couple of years. The MHP niche is one of the last real estate verticals that still has all the right fundamentals for a highly profitable situation. If you are looking for a painless, brainless, easy-peasy investment, you might want to return this book and get a refund. MHP investing is not for the faint of heart and many have lost in this game, but many more have made millions in a very short time by following some simple yet uncommon rules.Achieving near 20% returns in year 1 happens every day, in year 2 north of 30%, and final exits can be more than 3-5 times what you have into it in just a few years, if done properly. The risk exposure however is high and often you will need to bring a good amount of capital above and beyond the purchase price of the park to fix all the deferred maintenance and the general "ugly" on your new investment.It is my goal that this guide provides readers with useful and actionable insight to operating a mobile home park. This book has been created for simply one thing, to help you be more successful in the MHP world. I know I wish I had a book on it when I bought my first park in 2004 because I probably wouldn't have purchased that particular park.I have been a salesman for nearly my entire life, starting in grade school. I would buy candy at wholesale prices and sell those gumdrops and lollipops to my fellow students for above retail value. As an adult I have been a mobile home park owner and operator, a commercial real estate broker for nearly two decades and a lifelong entrepreneur. I have had successful businesses in Shiitake Farming, Cannabis industry, Direct investments and traditional property management in some of the hardest hoods in the south. I have found my purpose through helping others achieve financial freedom by being the best advisor I can be. I have helped countless clients acquire and dispose of their investment vehicles over my career and take pride in being one of the most informed brokers in my industry.If you are thinking of entering the MHP world or if you are already well-immersed in the industry, I want to help you. I want to see you succeed. I want to help you achieve financial freedom. I want to be so useful to you that I am your first call for anything MHP related. I have been through more transactions, more market cycles and more ups and downs than your typical commercial broker because I am not your typical broker, I am a tried and true advisor for the MHP industry. By the end of this book you should have a more comprehensive understanding of the industry, the tools to navigate the industry and the know-how on implementing winning strategies from the start. There is a steep learning curve in this business, and I aim to help you achieve a stable footing in what is currently the wild west of real estate.It is not too late to still get a good deal. The industry is still ripe for the picking if you know where to look and how to negotiate. Don't be tricked to jumping in to just any deal as all deals are not created equal. The information in this book should help assist you in becoming able to confidently evaluate a deal and recognize the opportunities and pitfalls of each deal. And, if you still need more help, please do not hesitate to call me for no-nonsense guidance. The advisory services I provide are free so don't be afraid to contact me. Like I said earlier, I want to be so useful for you that I am your first call for anything MHP related. Good luck and good hunting!

Author: Dave Reynolds
Publisher: David Reynolds
ISBN: 9780615185675
Category : Mobile home parks
Languages : en
Pages : 202

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Book Description
The only proven way to make big money in mobile home parks.

Author: Justin Donald
Publisher: Sristhi Publishers & Distributors
ISBN: 9390441358
Category : Self-Help
Languages : en
Pages : 280

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Book Description
We all want to make more money, that too with minimum effort and without too much hassle. Ever wondered what life would be like if we had a simple, proven system to create cash flow and generate real wealth with little risk or complexity? This book helps you: • Manage your finances better, by directing you to a well-structured plan • Reduce investment-related risks • Create a sturdy cash flow • Streamline passive cash flow to multiply your wealth Get set to live life on your own terms, and fulfil all that you aimed to achieve. "Warren Buffett of Lifestyle Investing." – Entrepreneur Magazine

Author: Peter Conti
Publisher: John Wiley & Sons
ISBN: 1119858518
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
Make your money work for you with sound commercial real estate investment strategies If you're looking for more detailed advice on the commercial real estate market than, "Buy low, sell high," you've come to the right place. Commercial Real Estate Investing For Dummies is where you can find the smart, straightforward, and accurate info you need to get your start—or grow your portfolio—in commercial real estate. You'll learn foundational strategies, tips, and tricks for investing in all sorts of commercial properties, from apartments to shopping malls. You'll also get rock-solid advice on: How to get started in commercial real estate investing, even if you've never tried it before How to work with business and investment partners and protect your own interests with contracts Financing your investments with a variety of instruments and taking advantage of legal tax opportunities Growing wealth by investing in real estate is a strategy as old as money itself. Do yourself a favor and get in on the action with this straightforward and up-to-date guide!

Author: Mark Loeffler
Publisher: John Wiley & Sons
ISBN: 0470678933
Category : Business & Economics
Languages : en
Pages : 193

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Book Description
Investing in Rent-to-Own Property is the distillation of years of investment experience in real estate. It is a both strategy and a system, which provides stable, proven returns for the investor. On the flip side of the coin, the homebuyer is provided a house that fits their needs and budget. Why should an investor have rent-to-own as part of his or her investment portfolio? This book lays out in clear detail the benefits of rent-to-own and how to get started with a rent-to-own strategy. Loaded with tips and case studies, here are the core components of the system: How to identify properties How to carry out due diligence Smart financing strategies How to market your system and attract interested tenants-homebuyers How to identify and choose tenants-homebuyers The rent-to-own contract Obligations of the investor to the tenant-homebuyer Obligations of the tenant-homebuyer to the investor The team of experts: agent, lawyer, lender, home inspector, accountant Exit strategies There are many singles and couples who for a variety of reasons opt for a rent-to-own opportunity. For some it's an opportunity to check out a location for a couple of years so that they're certain it's the house and neighborhood they want for the long-term; for others it's the desire to own a home but need to grow their down payment-having a nice home while they save is a terrific option. The expertise of the investor in identifying the right property and providing the right financing is another significant aspect for the tenant-homebuyer. The benefits for the investor are many: a solid property in an area where the fundamentals are strong; great tenants who respect the property; a profitable investment even with a downturn in the market. Investing in Rent-to-Own Property is the quintessential tool for investors who have yet to take advantage of a proven money-maker or for those investors who want the benefit of a proven system to build their portfolio.

Author: Rachel Hernandez
Publisher:
ISBN: 9780983949206
Category : Mobile homes
Languages : en
Pages : 206

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Book Description
Hernandez, a.k.a. Mobile Home Gurl, shares stories and adventures based on her own experiences in mobile home investingNthe obstacles, the struggles, and eventually the triumphs.

Author: Charles L. Marohn, Jr.
Publisher: John Wiley & Sons
ISBN: 1119564816
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.

Author: Jamie Smith
Publisher: Higherlife Development Service
ISBN: 9781935245353
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Your complete reference guide to finding, fixing, and managing Mobile Home Park(MHP) properties Find Out What All the Buzz is About! ôNot just knowledge-Experience.ö ôAvoid making costly mistakes.ö ôValuable information with wide-ranging usage.ö ôPractical, hands-on.ö ôHelped me achieve my goals.ö ôClear and simple.ö ôCovers the whole process from A to Z.ö That's what they're saying about Jamie Smith's MHP Investment Boot Camp. And now, she's gotten it down on paper! Trailer Cash is today's most comprehensive and practical introduction to Mobile Home Park investments. In her no-nonsense guidebook, she shares the dos and don'ts from her own personal experience in order to supply you with everything you need to know to get your MHP business started. Key topics include: The wheres and whys behind prime MHP locations A time-tested MHP property evaluation checklist The nitty-gritties of contractual agreements Ten deadly MPH myths to ignore Information gathering: how to effectively work the market The Success Equation: Capitalization Rate and Cash-on-Cash return The ins and outs of profitable property maintenance The moral contribution: providing housing for the poor MHP investing has allowed hundreds of average Americans to start with a modest investment and build exceptional, lifelong wealth. It's one of the best investments you can make because of its High-Cash on Cash Return Potential, Consistent Income Source, Increasing Demand, and Creative Financing. If you want to make your life better, become Financially Independent and be a positive contributor to society, this is a must-read for you! Book jacket.

Author: Edith Mazier
Publisher: Atlantic Publishing Company
ISBN: 1601382065
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
It is no secret that investing in real estate can significantly boost one's income. Mane people begin by investing, in single-family residential properties and work their way up to commercial properties such as duplexes, triplexes, and quads. However, moving from one to the other may seem like a big leap. This book will make the transition effortless, as it explains everything you need to know in easy-to-understand language and points out dozens of hints and suggestions. By reading this extensively-researched book, you will become knowledgeable in all areas of commercial real estate investing, including cash flow, appreciation, tax benefits, equity build-up and leveraging, due diligence, gross rental income, vacancy loss, operating expenses, debt service, zoning, triple net leases and contracts. You also will learn about the potential gains and losses, the consequences, loans, proven techniques, effective strategies, advantages and disadvantages of direct and indirect investing, and asset management techniques. Whether you are a new investor looking to get started or a seasoned veteran looking to enhance your portfolio, this guide provides you with all the information you need to accomplish your investment goals.