Intro & 4 parks under contract - 3 up for assignment


#1

Hey fellow MHP investors, I wanted to introduce myself before I start to frequently post. My name is Jimmy Johnson and I recently transitioned from multifamily into MHPs. I heard about this forum after attending the bootcamp in Austin this past weekend. I highly recommend going if you haven’t; it was great!

My #1 goal is to become the go to “off market deal guy” and I spend day and night calling owners, sending direct mail, analyzing deals, making offers, etc. I have a great partner and a passive business that allow me to spend the bulk of my time on MHPs and I hope to own 4 within a year.

Out of the 4 parks currently under contract I plan to buy and hold one long term, a 46 space in SC.

The other 3 I’m looking to assign; they have an average cap rate of 14.95% and cash on cash of 37% with estimated financing:

  • 17 space VA

  • 35 space OH

  • 74 space (two parks) AL

After the holiday I’ll make separate posts for those deals. Feel free to email me prior to then for more info Jimmy@JimmyJohnson.co

Looking forward to being a member of the group and adding value when possible!


#2

I’d be interested in the ones in Alabama. You can send the info to jason@richink.org


#3

Jimmy did I see you at the Vegas bootcamp?


#4

I’d be interested in the the park in VA (and if you find any in NC). I just sent you and email from chaselouderback@gmail.com


#5

I’ll look at all: benv1@me.com


#6

Hi Charlie, I wasn’t at the Vegas bootcamp. Austin was my first one & I plan on attending the Orlando one too


#7

Hi Jimmy- I was at the Austin boot camp as well…good stuff! I’m definitely in the market and am interested in looking at all you have. butikoferjess@gmail.com

-happy hunting
-Jesse


#8

I see that you’re looking to purchase 1 and assign 3. For the future, are you primarily going to be looking to assign? Any interest in JV opportunities?


#9

Sure was! And thanks Jesse I’ll them send your way


#10

Yes definitely interested in JV opportunities whether on deals you source or I source. Overall plan is to assign as many deals as possible with the goal of owning 4 parks by the end of 2019. On all of the assignment deals always open to JV


#11

I am interested in looking at the two parks in AL


#12

Hey Jimmy. I am very interesting JV on your OH and AL deal. Please sent the info to me.
Thank you


#13

I am interested in all of these parks.


#14

I’d be interested in the Ohio park


#15

I’d be interested in the ones in AL. You can send the info to bandmhp@gmail.com. Thanks!


#16

Please send info on the AL parks to reidhanley@yahoo.com.

Thanks.


#17

Hello Chase, I am actively researching and visiting parks in NC.


#18

Send info to elmsmhp@outlook.com


#19

Awesome! Please keep me in mind if you come across any good deals in NC


#20

@JimmyJ - Coming in hottttt with some value! As a newcomer, you have the right idea. Love it. I’m active in the Southeast. I source a good amount of deals off-market and open to JV opportunities.

Best email is thearchimedesgroup@gmail.com. Let’s connect and see how we can help each other out.