Want To Develop MH Park
I want to build a small MH Subdivision or park. I can't seem to find any info on doing this kind of investment along with mistakes to avoid. I've searched yahoo, RE books, etc. Any advice would be appreciated.
I'd like to know if you find a book or web site on this...thx
I too would like to hear if you find any published information on this subject. I am having no luck either.
:-D
I too was looking for some guidance on this subject. Couldn't find any so I went to the horse's mouth. I went and talked to others that had develped property for MH parks. Once I complete mine, I'll write a books and become the Next Carlton Sheets. Just Kidding
Good Luck and make $$$
Tom
are the concepts the same or similar to a townhome, condo or SFR?
Sewer hookups
streets
selling plots or renting/leasing
association for common maintanence
minimum parcel size
zoning issues
etc.
I think it's a development in general question not specific to MH.
A good approach to this area of the business is to perhaps purchase and sell homes to those that already have Land set up for a MH.
Then you can learn the aspects of finding MH at prices that will allow you to market and make a proffit.
As far as developing a MH park or as some call them communities look at purchasing one already set up or partially set up is good too.
Good way to go there is to find them that might need upgrading to better Homes.
I also recommend purchasing MH's already setup in parks of which you can turn and do a few Lonnie deals, or Hold them and get a feel for managing them.
No matter what though MH good business if you get into it right.
MarkB