To find the right mobile home park to fit your goals, you have to do two things: 1) decide the exact criteria of the park you should buy and 2) load as many parks as possible into your deal funnel to sort through and find the parks that meet your criteria. The Investor’s Club will help you decide on your exact buying criteria, and then help you accelerate the quantity of quality parks to examine. Frank & Dave look at roughly 100 parks for every one that they buy, and you should be able to match this volume with the help of the Investor’s Club.
I bought 3 parks with 204 spaces total, 130 occupied, $325 lot rent and tenant pays utilities. I bought all 3 of them for $1,400,000 with a 13% down payment. This is a 25% cap rate deal that I could not have found without your help. I cannot thank you enough for what you have done for me and my family.
Thanks again for all your help and support, you guys are great! You have been a blessing to me and my family - Thank You!
The MHU Investor's Club is one of the most valuable tools in hunting for the perfect mobile home park and managing an existing one. It will easily pay for it self over and over!