The end of 2025 was busy, but incredibly educational. After working through the coursework and connecting with some great people, my business partner and I were introduced to a mobile home park owner who needed to sell due to broader financial challenges across his portfolio. The deal itself was complex. There were three lienholders on the property, with the third-position lienholder having the largest stake. Despite the logistical challenge of me being based in Denver and the property located in Lubbock, Texas, we met multiple times, including a few long lunches, to work through the numbers. Oftentimes, driving through the night to get there in time to meet for lunch. Initially, the deal looked solid: a $1,050,000 purchase price structured with 50% debt from a first-position lender and 50% seller financing. In reality, that “seller financing” came from the third-position lienholder, who agreed to defer payments for the first 18 months. We moved through due diligence smoothly, applying everything we had learned. However, new legal issues arose, including undisclosed liens and judgments, which ultimately caused the deal to fall through. We continued working through the challenges, speaking with multiple banks and even finding one willing to finance the deal with NO money down. Just as momentum returned, the first-position lender discovered three years of unpaid property taxes that he didn't know about. Shortly after that, he decided to foreclose. Even though we didn’t close, the experience was a win in many ways: - We gained confidence in presenting numbers and business plans to lenders. - Bankers and brokers recognized the depth of our due diligence. - We applied the coursework directly to a real opportunity. - Most importantly, it confirmed that the process works. Grateful for the lessons, the support, and the clarity this experience brought. A huge thank you to @Ryan Narus and @Michael Pansolini for building such a valuable platform, and wishing everyone a great start to the new year.

Hello MHP Pros! My husband, Kevin, and I are located in Denver/Boulder area and play in real estate in many different ways! Flipping since 2018, focusing on higher end properties. We dabble in whole saling but its not a focus. Since 2021 we have been investing in multifamily and hold 5 GP positions in various syndications. We are looking to 1031 exchange out of our CO rentals into a MHP and have just initiated that process. We are looking forward to learning the ins and outs of MHPs and adding value with our experience! Cheers! Rachel

I’ve been part of the single-family rental space for about a decade, and I’m now excited to move into mobile home parks. I’m looking forward to delving deeper into underwriting and deal structuring, refining my operational systems, and—most importantly—connecting with like-minded individuals on these exciting affordable housing opportunities. Let’s connect! ¡Se habla español también! Thankful to be here!

📢 MH REFURB Q&A: JOIN US LIVE at 6PM TONIGHT with Tiernan Laue 🗓 Today | 6:00–7:00 PM ET 📍 Live on Zoom – Join here: https://us06web.zoom.us/j/88197663337?pwd=ajM8Uh376ArbWkNdS7upGOfZkjhcp3.1 ➡ What Tiernan is covering: ✔ How to plan a mobile home refurb from start to finish ✔ Drywall, plumbing, electrical, and key interior repairs ✔ What you should DIY and what to hand off to contractors ✔ How to scope jobs so you avoid delays and surprises ✔ Live Q&A, bring your real park issues and get clear answers If you own parks or plan to, this session will save you money and headaches. See you in there!

Hi everyone! My name is David Bridgman. I currently live in south Florida but will be moving back to New Jersey sometime early next year. For most of my life I have been involved in some form of real estate, both commercial and residential. I joined the program to learn more about underwriting and operations, I have learned the hard way that owning and operating parks from afar can lead to a lot of challenges. The parks my family and I have are in the midwest, but we will be switching our focus to PA, OH, WV and IN. I'm looking forward to learning from everyone and meeting other people in this space!