Rehabbing benefits ....

Although there are many pitfalls in the area of rehabbing, done right, the results carry far reaching benefits to the park when the park holds the financing on these homes.

* You make it easier for buyers to purchase a home of their own.

* In some cases you are able to offer a more affordable home to perspective buyers.

* Reduce your number of empty lots, by filling them.

* Every lot filled adds another monthly lot rent.

* The down payment reduces your basis in the home.

* You have created a monthly income stream to the park in addition to your lot rent.

* Increased cash flow through the contract you created.

* New residents tell friends, which creates word of mouth advertising and sparks interest.

* The mobile home park increases in value based on filling the empty lots and the increased cash flow.

The benefits have a far reaching impact on your mobile home park, beginning now and well into the future.

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