Those numbers look about right from the perspective of where my parks are located at… but as in baseball you’re only worth what someone is willing to pay for you so every situation is probably different. We have a dozen or so POHs in a park we own in very very tight rental market. We take very good care of the homes and get high rents. Even with the maintenance our bottom lin...

I’ve been through the same thing; getting that walk-in tub out was such a relief. Definitely second-check with neighbors in the park. The mobile home part is key; make sure whoever you hire has experience with that specific setup, or you might run into surprises with the floor or wall construction. I found a resource like

I manage my 78 space park (plus small commercial building) with spreadsheets and Google Voice (free).

I created a spreadsheet to record Income/Expenses, a spreadsheet to calculate monthly invoices (includes water/sewer bill, other fees and home payment (I have one rental and no homes being sold on a contract) and spreadsheets to track home rehab expenses (sometimes I b...

Is Zippy still in business?

Anyone has insight about their lending compare to PEP lending and the others?

Hi all, just wanted to get a general consensus from the other owner’s on here on the age-old question of keeping park owned homes vs. selling, and if so, how do you value them. I know the merits of selling them off (no repairs and maintenance, etc) but the other side of the coin is that holding that trailer is still a potential asset of value where you can continue renting at...