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Owned by Michael

🚀 Cut out the noise. Built for action-takers: connect with top MHP pros, access pro-level tools, and tap into real deal flow with a networking map.

The MHP Pros Mastermind

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Mobile Home Park Investment for new or existing investors who want to find cash-flowing, off-market deals + analyze + close + manage them like a pro!

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793 contributions to The MHP Pros Mastermind
Michael Out of Office: Guest Appearances!
Hi Everyone! I’m out of the country celebrating a wedding (and my engagement!) Some Guest Appearances this week in place of me! - Tuesday (today - July 14th): VIP Q&A: Cancelled for the next two weeks - Friday (July 17th): Premium Q&A - guest appearance by @Ryan Groene - Tuesday (July 21st): VIP Q&A: Cancelled - Friday (July 24th): Premium Q&A - guest appearance by @Kari Pesch who will be discussing Social Media for Capital Raising and Personal Branding
Michael Out of Office: Guest Appearances!
Landlocked SFR within MHP parcel. Future issues?
We are looking at a smaller park but it has a single family home within the MHP parcel and an easement/shared driveway. The single family home is not owned by the MHP owner. Is this a deal killer? a headache? or something that may prevent refinancing in the future? Our offer has seller financing but ballon due in 3 years.
2 likes • 1d
If its just for ingress/egress then its probably not a deal killer from the standpoint of you can sell it without it being a huge problem. If it literally sits in the center of the park, ask yourself who would want to buy it though? Let me give you an example of a park im under contract for (see screenshot). Home (circled red) is situated in the back of the park with an easement for the roadway and for a water pipe (see red arrow) that runs along the same road. There is acreage that also belongs to the SFR. Therefore, given the separation this is a marketable home. In your case, You may just want to comsider it a “lot” and not attribute additional substantial value to it because it cannot be sold. In other words, treat it as another pad that will forever be a Single Family Rental
3 likes • 1d
@Andrew Storey seems easy enough to just further subdivide the land in front of the home if necessary. I would not take subdivision and further re-sales risk if i could avoid it. However, if the deal pencils who cares! This seems easy to remedy, but of course it should work with or without the single family home just in case its not marketable given its location inside an mhp. I would go talk to local lenders. Use our lender diligence tool at https://tools.michaelpansolini.com
Deal Review?
Is anyone open to doing a deal review by chance? I have reviewed these deals and have others saying they could work but somehow I can't make them work even if I bring the DP. I've gotten much better at reading my proformas but am worried I am trying to force a deal.
2 likes • 2d
Hi jaime! We do live deal reviews inside the mastermind!
Excel Sheet analysis
I am looking for a MHP analysis template. can anyone help with this form?
1 like • 4d
@Antonio Cordeiro check out our one-minute mhp analysis tool https://youtu.be/QemafPrSOlk?is=3sv9SbZuqiAsUvyA
Lonnie Dealer questions and concerns
What are the top and best questions to ask Lonnie Dealers in potential park purchases when doing due diligence?
3 likes • 5d
@Tiernan Laue @John Fedro
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Michael Pansolini
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@michaelpansolini
🏡 Teaching The Proven System to Invest in Mobile Home Parks & Implement AI into Business Ops, 💪🏻 Ex-Wall Street Real Estate Private Equity

Active 40m ago
Joined May 7, 2024
ENTP
New York, NY
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