User
Write something
Brand New Members Office Hours is happening in 33 hours
CLOSED!!
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…
CLOSED!!
1st Park Coming Together...
Hello, brand new to the community and wanted to share this win. I have been working with the seller on an LOI over the last week and a half, going back and forth on terms, and we are finally putting the contract together. At acquisition it sits at 9.5% Cap. All TOH's The value add is 6 open spaces and way below market rents. Working on due diligence first, then the value-add play. Goal is completion with infill and rent stabilization in the next 12 months. I gotta say, it is exciting and terrifying at the same time. 😬
Ryan NY visit
Special thanks to @Ryan Narus for making the long journey from Charlotte ✈️ to upstate NY just to check out My and @Michael Pansolini’s MHP portfolio 🏘️! We had a blast digging deeper into the local market and filming some great on-site stuff. Podcast coming soon as well!
Ryan NY visit
Mobile Home Flip
Special thanks to my private lender 😊 We will be making a solid return on this one! Many more deals coming down the pipeline! Message me if interested
Mobile Home Flip
Purchase
60 lots 36 occ all toh at $350 with city utilities in a market we already have 150 lots. $910k. Patience paid off. Kept up with this lead for 3 years and the price stayed the same.
1-30 of 68
The MHP Pros Mastermind
skool.com/mobilehomeparks
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!
Leaderboard (30-day)
Powered by