Thanks to you all for making MHM V such a great event. I’m thrilled to report that the day before MHM V, I closed on my first mobile home park, in large measure due to the friends and colleagues I made at MHM III and IV.
I’d like to help you make money on Lonnie Deals that will fill my property. Mine is a basic 2-star dirt road park outside Oklahoma City in the town of Lexington. We have a total of 88 pads; 46 of which are occupied with average-quality trailers from 5 to 25 years old. That leaves 42 vacancies to fill over the coming years. Rents are reasonable ($125) and we are located in Oklahoma’s fastest growing county (Cleveland County). New construction and ‘help wanted’ signs abound in the area, and the 2-lane country highway we front onto will be expanded to 4 lanes in 2008.
Please give me a call on 650.281.7778 and/or reply back to this posting if you have an interest in doing Lonnie Deals. Mine is a very investor-friendly park and I’ll work to make this a successful venture for us both.