Mobilehomeparkstore.com web site ( I LOVE that site!)
http://www.mobilehomeparkstore.com/p4sale/CASH COW Mobile home park in Victoria TX 12.3 CAP.pdf
and noticed my buddy Eli has a BEAUTY of a a Park for sale in Victoria, TX , a very cool place. Notice the URL above…CASH COW?
It does a body good to see young folks not only listen to advise but act on it! I remember Eli from first Ernest Tew/ Steve Case meet in Gainesville a few years ago? and then he was looking for a Park to buy. Looks to me like he found one, filled it up with quality repoes and sold these on L/O for boo coo bucks! You go Eli.
I am taking this summer off from l/h…the ones undone will still be undone in September. I have found it is impossible for me to quit these l/h pacs…they present themselves in SPITE of me and there is no respite from “another good deal” unless I pull the plug and make time for normal life. I love selling homes off the lot (retail) and will be doing more of that and less multiple l/h’s. I have enough dough generated each month to live comfortable and right now that is enough for me and family. This is Jen’s last summer home and i want to bug her all summer! LOL
To the newbie out there, it can be done. No money? No problem …if it was easy, our kids would be doing it for minimum wage. Is it easy? No, it is not…the true success story from Eli above does not tell of the 18 hour days, the disappointment from crappy tenants, vendors on manana time, lies, thiefs, never enough time, never enough money, too hot, too cold etc. etc. it takes aton of work, sweat and worry to turn around a Park and make it a jewel.
OK, OK i am off the soapbox…y’all have a Great Memorial Day and don’t forget the folks it honors!