First MHP


#1

I wanted to add something that I didn’t mention in the original post.

The lots are 22X100, really limits home size!

Les


#2

Hello Don,

The owners just want out. I would have a loan for about half the selling price.

I have and currently manage SFH’s. I think I realize this maybe a little different. More tenants in a concentrated area.

I found out yesterday that this park has had three owners since 1988,

one was the original developer.

I’m still asking lots of questions, have not signed any contract.

Les


#3

Les,

How is the deal coming along? My first park that I bought had really small lots… I lost about 35 out of 150. Very painful! I was very green back then! I am still making mistakes… just not as many! lol :slight_smile:

Corey