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🏠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?
Rent by the room
Does anyone rent by the room in their mobile homes?
Housing for the 21st Century Act - What It Means for MHP Investors
Thank you @Rachel Kennedy for posting this. I'm using an AI summary because its pretty meaty: Headline: This bill is trying to make housing easier and faster to build. Main idea: • America does not have enough affordable homes. • Rules and approvals take too long. • This bill cuts red tape, updates old housing rules, and gives cities more flexibility. What it does in plain English: • Helps cities use pre-approved home designs so builders can move faster. • Makes environmental review easier for many smaller housing projects. • Raises outdated loan limits so financing matches real construction costs. • Expands support for manufactured homes and small mortgages. • Adds protections for veterans and renters. • Forces more transparency and oversight from housing agencies. ─── 1) What this means for MHP owners/operators Likely benefits for your world: • More financing paths for lower-cost housing (especially if small-dollar lending expands). • Manufactured housing could get easier to finance if homes without permanent chassis are treated more equally. • Potential demand tailwind: if affordable housing stays tight, MHP demand usually stays strong. • Faster local approvals in some places if zoning and process reforms are adopted. What to watch: • Most zoning changes are voluntary guidance, not forced nationwide. • Local governments still control most land use decisions. • Some tenant-protection and oversight pieces could mean more compliance/admin work in federally tied programs. Bottom line for MHP operators: • This is mostly a pro-supply, pro-speed bill, and parts of it could help manufactured housing financing directly. Good direction, but local execution matters more than federal headlines. ─── 2) Likely to pass vs likely controversial More likely to get bipartisan support • Veterans-related provisions (benefit calculations, VA loan disclosure) • Better agency coordination and reporting • Housing counseling quality controls
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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!
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