Which of these two homes is built to the so called modular codes, and which one to the HUD Codes? Is it important? Not sure? Continue reading
I have a client who is seeking to purchase manufactured home land lease communities (mobile home parks) in the price range of $1.0M to $10.0M or more.
At today´s low interest rates, community prices are at an all time high. Continue reading
The following is a “conversation” with the developer of a newly built family m/h land lease community. It is a compendium of conversations with many developers across the USA, who find their projects floundering under similar circumstances.
Why am I having such a hard time finding a suitable investment grade m/h land lease community? Don C., Midland, TX
There are many more buyers than sellers of m/h land lease (M/HLL) communities right now, and it probably isn’t going to improve in the near future, so you can expect a lot of competition. It’s no secret anymore that investing in M/HLL communities, at the right price and good financing, can be one of the most lucrative and safe of all the real estate investment opportunities. With so many buyers and so few communities for sale Continue reading