Interview with a Mobile Home Park Owner!

[@TrailerCashAcademy]

Great info! We currently flip mobile homes in parks and its so important to understand the mindset of the park owner. Thanks for sharing :)

[@mrgoodtime87]

Hey guys! Investor here from the west GA area! My partners and I have always flipped traditional homes, and mobile homes were recently brought to our attention by a man named John Fedro. In my research I noticed that Georgia requires you to have a mobile home dealers license and I was curious if y'all ran into this in your state and how easy it was to obtain this license... If y'all were required to do so. Any information would be greatly appreciated! Thank you!

[@ManufacturedHousingExpert]

Jay & Samera Harvey what state are you in?

[@justoverbroke8063]

@@ManufacturedHousingExpert they are in Arizona. I ordered their MH course

[@ManufacturedHousingExpert]

DawgFan87 all states require a dealers license to sell new homes.

[@amberbeans]

Great information, thank you

[@sophiacampos9333]

Thank you for sharing 👍😊

[@firstname3292]

How do you find out who owns the mobile home inside the park?

[@rnt97]

First Name the rent roll

[@bettyescookingchannel]

Great interview.

[@dbsstudent9278]

I own a mobile home park 25 lots (just the land) also 1 home like an actual house.

[@SwiftHomes]

Super! Let us know if you have any questions we can help you with.

[@Rhino-ux7yf]

Would you consider selling the park ?

[@dbsstudent9278]

@@Rhino-ux7yf Well, doubtful but depending on the price being juicy enough.

[@felipeandrade4382]

Did you have to buy the land and then put the homes on the land ? I want to own my MHP but just trying to find out where to start.

[@2mc121]

DBSstudent927 How many acres is the property or how large is the lot?

[@WillertMorris]

Generally good experience

[@randywestfall7984]

Back in the '70s there was a sit com called "Rhoda" one of the characters was only a voice, Carlton your door man. That is who the interviewer sounds like "uh wow man."

[@Exceller7]

+Randy Westfall Thanks for the comment.

[@SladesVWBeetle]

Randy Westfall Haha he does sound like Carlton

[@DanKirchner5150]

its a niche that still has many possibilities -relative new frontiers

[@tomlangley8852]

2 trailer park girls go around the outside, round the outside, round the outside...........

[@tempusfugit7127]

Sorry to be a bit stupid but ...what does " flipping " a trailer mean .?

[@SwiftHomes]

Flipping is a real estate term for buying, fixing and selling (flipping). It applies to manufactured or mobile homes too. Check out www.swift-homes.com for more info.

[@mothershiplove6078]

You went to fast on the curve

[@FurbyGender]

*If you raise the rent to market value, many people won't be able to afford to rent. Also, unless they're really nice trailers, you don't expect high class people to live there. People with good credit and decent money coming in have no purpose to live in trailer parks. I lived in mobile homes for years because I couldn't afford to live anywhere else however, trailer parks have a stigma that won't go away. I had to save all of my money to buy a real house on my own land because I refuse to permanently live like a sardine in a paved nightmare. Now I know that people need to live in trailers for one reason or another but at the end of the day, there are few decent mobile residents and many landlords who simply don't care*

[@SwiftHomes]

Sorry I've been traveling. I just saw this. Thanks for your reply. Obviously, I disagree. But I'm in this world experiencing it daily. Rents nationwide are MUCH higher than park rents with a mobile home. 1 - People want to own.They have park rent but the highest rent in my area (Portland, OR) is $700/mo and rents are $1200-1500 for a 1 bedroom. 2 - They still have rent. Yes but it is less than half what apartment rent is and forget a house rent. 3 - Most people cannot qualify for a home loan. So have to rent an apartment with dogs running around, kids running around, group parking, no lawn. You get the picture. 4 - People are where we see them. Most are decent. A recent couple we talked to downsized to save money after selling their 5 acre mini ranch. Another just separated from her husband and can't buy a regular house but can buy a mobile home. Some even drive Lexus and Mercedes cars. Yup! Recent article says over 1/2 of all people in the US are paying 1/2 their take home (or MORE) for RENT. So mobile homes are a great answer and we love the business. For more info check out www.swift-homes.com

[@krystamoonwytch431]

I don't fit your stereotype of people who have no purpose to live in a mobile home community. I moved into a mobile home community for several reasons. 1 - I was a single family "stick-home" owner and it was too much to maintain by myself. 2 - I owned a townhouse and HOA fees went through the roof. 3 - I've rented apartments and the rent increased by 3% every year. 4 - My primary reason for moving into a mobile home community is for the sense of community with working class people. My neighbors have been nothing but friendly and helpful to me. They keep their homes up and in good condition. I know my neighbors watch out for me as I do them. 5 - Managing upkeep on a mobile home is more affordable than in a single family home.

[@ApartmentKing66]

Why do you boldface your entire comment?

[@laurawalker546]

There are nice parks and retirement communities. But some of these new park owners are getting greedy and charging too much rent for people who buy these very nice manufactured homes and raise rents exponentially. In some states there are laws in place to stop this uncontrolled greed. They always say what the market could bear but some of these places are for retired people who cannot keep following Market can bear prices. They try to shove on society. My best advice for anyone wanting to live in a trailer or a manufactured home Community is to look at one that is either resident owned or where you buy into it and own your land because otherwise you have no control on what happens to the trailer or manufactured home you own. There is too much exploitation going on and not enough education where owners should know their rights and go to towns and ask for rent control to stop exponential raising of rents

[@carlacook9487]

Oh a “real house” huh ? How about a real home ? Who cares if it’s stick built or manufactured off site ? My husband and I raised our only son in a single wide mh. Paid cash for it. So during our sons childhood we could enjoy doing things with him and his friends. We always took 2 or 3 friends with him on our vacations. We also always had the neighbors kids staying overnight, having dinner with us or playing games outside, going to the pool, ballgames etc. No one NEEDS a big house. Mostly for show anyway. We were a happy little family. Put him through college with no debt to follow him. When he went off totally on his own, we started looking for a small house in the city and ended up buying and paying cash again for a 3 bedroom 2 full baths and an open Concept living, dining and kitchen area (a big ole 10 ft. island) which was my buying point manufactured modular home. In a mobile home park community. We like to travel so it’s never been about what we live in. It’s about living, period. We have wonderful neighbors that look out for us, and we for them. I, wouldn’t want to live anywhere else ♥️♥️♥️

[@laylabono4035]

Unlucky man