Hello, I was here back in 2024 but was not in a place in my life to achieve my goals of owning a MHP. I am finally back and able to move forward. I currently have multi-unit and single-family rentals and would like to transition to MHPs. I am already reviewing a potential first park and happy to be back in the community.

I'm in a low cash position currently, but I've got a lot of untapped equity in rental properties. If I opened a HELOC on a home I could have around $160k available. My question is how best to utilize that. 1) If the owner was willing to owner finance until I could refinance the park, 160k gives me a lot of room for DP. This seems to be the ideal scenario 2) If owner is not willing to owner finance and I need to get a bank involved from the beginning, this seems trickier...I've run into lenders not being happy with any down payment money being borrowed in the SFH space...is this different in commercial? Should this be an open conversation I have with my banker about the DP funds being borrowed? I'm wondering if they would be ok as long as the DCR works out factoring in the amount I'll owe for the DP as well. It seems otherwise I'd need to pull out that money and pay interest on it while it sits in my bank for at least 3 months so I have seasoned proof of funds and bank statements. What are y'alls thoughts on how best to leverage this? Thanks!

Hey everyone! We’re getting ready to officially launch our podcast in the coming weeks, and guess what? Episode 3 of the podcast is live! 🎙️ "Hosts Ryan and Michael continue to dive into the Top 3 Reasons why investors who should've gotten into the Mobile Home Park space, failed. In Episode 3, Ryan and Michael navigate the psychological and practical challenges of investing in mobile home parks. The hosts discuss overcoming fears, conducting due diligence, and striking a balance between passion and practical business strategies. Emphasizing the importance of education, mentorship, and perseverance, the episode offers personal anecdotes and valuable insights for aspiring and existing investors. Listeners will gain tools and mindset shifts necessary for long-term success in real estate entrepreneurship and learn how to manage risk and fear effectively while fostering a passion for their work." Before we announce it to the world 🌍, we want to give you—our amazing students—an exclusive sneak peek. Check it out through the link below and let us know what you think! Your input means the world to us. 💬👇 🎧 Spotify 🎧 🎧 Apple Podcasts🎧 🎧 YouTube🎧

Hello Mobile Home Park Investors! I’m thrilled to announce the release of Version 1 of the MHP Pros Underwriting Model! You can download it now by heading over to the course portal under "Module 9: The Acquisitions Process," specifically Lesson 1: "The MHP Pros New and Improved Underwriting Model." A quick note: I haven’t filmed the walkthrough video yet, but I plan to do that after my (much-needed but poorly timed) vacation next week. In the meantime, for those of you with some Excel or modeling experience, feel free to dive right in and test out the model. If you need any help or want to see how it's applied in real-world scenarios, reach out to our rising MHP star, @Nikki Starke who just joined me for a walk through of the model on her most recent deal! Copyright Disclaimer: All tools and materials provided in this course are the intellectual property of The MHP Pros. These resources are for personal use only and may not be shared, reproduced, distributed, or transmitted in any form, whether digitally or otherwise, without the express written permission of The MHP Pros. Unauthorized use, distribution, or sharing of these materials is strictly prohibited and may result in legal action.