Stay in your buy box and avoid stretching your limitations too far past your experience level. I have 1200 plus lots and I recently dropped 3 separate contracts that on paper looked great. 1 park was 75 tenants in a market I'm already in with all toh. First drive through and the desire to purchase changed. Very poor tenant quality, large number of homes that would be unsellable if the tenant is evicted, large number of tenants behind on rent with no evictions scheduled. The last straw, 46 police calls in a year with most for violent crimes. Dropped. Great park bad business. Not for me at this point in my journey. Other deals were 3 parks in a new market 3 hours from me with great numbers, good tenants, good market but all rentals. Poor ad response for home sales. Price was good, parks were solid but I was trying to stretch myself beyond my ability. My buy box for poh is to be near me and my crew in markets I have extensive sales experience. This wasn’t and they got dropped. Stay patient, stay true to your plan and when the right target comes into view, act decisive and quick. Not everything is worth buying.

I finally did it. I closed on my first mobile home park in Nebraska. Multiple offers sent, in and out of contract on several deals, two extended closing dates… and I finally did it. Wild journey… lots of failures along the way that I’ll share more about… but I did it. And raised 100% of the capital needed. I couldn’t be more proud. Huge thanks to @Ryan Narus and @Michael Pansolini for their mentorship program, community, and most of all their friendship. Park #2 is not too far away…

I need some info on storage. Looking at 2 parks with a significant portion of value coning from self storage. I need to know valuation, dd and inspection concerns, ops etc. Anyone have a contact or site that would give me this info? Any help is appreciated.

A guy who buys and sells used manufactured homes is planning to bring a home into my park. I will need to approve the tenant/buyer that he brings in. He says the home was built in the 70's. Is the age of the home a concern? Is there anything else I need to look out for?

65 lots 64 occ 495 lot rent 1100 poh rent 3.3m. Great market we're already in and home sales are solid. Selling off 40 poh by year end is the goal.