Mobile Homes in Parks play by different rules

Over the last few articles, I have shared new additions going into the Second Edition of my book.  These focus on red flags that show up when fix and flipping mobile homes and how easily they can derail a deal if you miss them. 

Now I want to shift gears.  

When I want to shift gears. 

When it comes to investing in mobile homes within parks, the game changes completely.  The rules are different.  The leverage is different.  And the mistake people make here are often learned the hard way, but don’t need to be! 

This section is being added to the Second Edition and is a framework shift that every in park investor must understand before doing their first deal.   

Chapter 24 In Park Deals 

Let’s talk about investing within a mobile home park, you don’t own the land the mobile home is parked on. This is typically called “lot rent.” This type of investment can have a very high return on investment, and yet it’s still recession resistant, just like mobile homes with land. That’s because there’s much less competition. Plus, it takes less money up front to make money.  

I’ve made a fantastic return on these types of deals and so have my students.  

Will you be one to make a huge profit off this niche? 

When it comes to a mobile home within a park, you must understand that the park owner and/or park manager makes all the rules. For example, they will be the one to  

approve your buyer or resident. You’ll want to personally talk to the manager and/or owner for several reasons. The main one is to make sure they’ll be easy to work with.  

This can start out with a simple phone call asking, “Do you allow rentals?” If the answer is anything but no, I suggest meeting in person to build the right rapport. I always like to ask what their application requirements are plus what their process looks like. No matter what my process is, the new buyer will still need to qualify with the park.  

In my course, “From Trailer to Treasure, Big Money in Small Deals,” you’ll learn exactly how to build deep relationships with park owners and managers so they can help make you rich, rather than cause you massive headaches.  

When it comes to investing in mobile homes with lot rent, four common mistakes people make are: 

1. Not understanding that the lot rent stays with the home, not the person, 

2. not talking with the park manager or owner, 
3. giving the buyer a signed title before making sure it’s transferred, 

4. and over-rehabbing. 

Let’s talk about finding the price to pay.....

Series Wrap Up 

If you have found yourself nodding along while reading these additions, that is not an accident. 

These are the kinds of lessons that only show up after doing deals, making mistakes, and refining the process over time.  That is exactly why I decided to release a Second Edition.   

The full book goes far beyond these sections.  It walks through how I think about mobile homes, how I evaluate risk, how I structure deals, and how I avoid the problems that most investors never see coming. 

If you want the complete framework, not just the highlights, the Second Edition of HOW TO BUY MOBILE HOMES bring it al together. 

And if you prefer audio, any remaining revisions will be added automatically as the recording is finalized editing. 

This series was just a preview.

 

Adrian’s Takeaway
👉 Good deals are rarely obvious.  That is why education compounds faster than luck. 

If these previews were helpful, the Second Edition pulls all of this together into one complete framework. 

Not theory. 
Not shortcuts.
Just what actually works. 

If you want the full picture, the book and the audiobook are where it lives.
🔗 Paperback Book
🔗 Audiobook