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Third party bringing in a used manufactured home
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?
Site planning for infill
How are people measuring/diagramming/marking out sites for infill? In my state (PA) we have to drill and pour concrete footers. So for my permits (and for my excavation guys) I have to diagram exactly where the home will go in my lot and then identify exactly where the footers need to be poured in order to fit the home properly and comply with footer spacing requirements, etc. Granted I’m a beginner, but this has turned out to be unexpectedly time consuming, and I can’t imagine people doing lots of infill are going through this process for every single lot. Or are they? @Kyle Grimm you always seem to be moving homes in, what say you?
Infill Removal
Hello - I have a lot under contract that has an old mobile home on it near Columbia, SC. Does anyone in the group have a contact they would refer?
🏠NEW RESOURCE: Infill Cost & ROI Calculator!
Just dropped a new tool! The Infill Costs & ROI Calculator! This spreadsheet helps you model out the FULL economics of adding homes to vacant lots in your park: What it calculates: • Total home purchase costs (base price, options, shipping, taxes) • All CapEx line items (footers, block & level, tie-downs, skirting, deck, refurb) • Land improvement costs (electric, water/sewer, pad prep) • Market affordability analysis using your local MHHI • RTO vs Chattel financing scenarios • Complete ROI projection based on your hold period Pre-loaded with real examples: • Clayton TULIP (2bd/1ba, 12x48) • Clayton BUTTERCUP (1bd/1ba, 12x36) • FEMA units The math accounts for lot rent NOI, home rent income, tenant payments, and capitalized exit value at sale. How to use it: 1. Make a copy (File > Make a copy) 2. Plug in your actual costs and market rents 3. Adjust the hold period and exit cap rate 4. Compare RTO vs Chattel returns Stop guessing on infill deals and run the numbers.
🏠NEW RESOURCE: Infill Cost & ROI Calculator!
Dumb question about grass
Here’s a dumb one: how do you guys plant new grass in a park you manage remotely, and where every resident is on individually metered water (and, therefore, doesn’t want you using their water, and isn’t interested in helping you by watering the seed/sod)? And what about when grass needs to be grown in a spot that’s not really near any water spigot?
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