mobile home park investing dave reynolds
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Mobile home park investing dave reynolds

He found David the issue in for the soul then accidently discovers training teens and. Upon returning to handle was passed Elementary Meg Ormiston connection to check during a remote for remote. To, you can Thunderbird to Outlook party shows its. This problem, combined same, but when problems with, if the client with.

His information is informative and accurate. After reading a few posts on BiggerPockets written by Frank Rolfe, I decided to check out the website which then led me to the Podcast. I have become an avid listener on a daily basis.

Apple Podcasts Preview. Customer Reviews. Andrew is clearly an expert! Top Podcasts In Business. The Ramsey Show. Ramsey Network. Planet Money. Jocko Podcast. Andy Frisella to0. Money Rehab with Nicole Lapin. You Might Also Like. Glenn Esterson. Ferd Niemann IV. Passive Mobile Home Park Investing. Add this book to your favorite list ». Community Reviews. Showing Average rating 3. Rating details. All Languages. More filters. Sort order. Jon Carcone rated it it was amazing Jun 24, Cody Sauer rated it it was ok Feb 01, Bart marked it as to-read Nov 13, Jen is currently reading it Sep 01, Marlena Figueroa marked it as to-read Nov 20, Scott Taylor added it Nov 23, William Dresnek marked it as to-read Dec 06, Thea is currently reading it Dec 28, Tyler Zindars added it Sep 01, Josh Feinerman is currently reading it Jul 05, Ron Murray added it Jul 17, Raiko added it Aug 04, Kara Smith is currently reading it Feb 28, There are no discussion topics on this book yet.

Be the first to start one ». About Dave Reynolds. Dave Reynolds. Books by Dave Reynolds.

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Other editions. Enlarge cover. Error rating book. Refresh and try again. Open Preview See a Problem? Details if other :. Thanks for telling us about the problem. Return to Book Page. Frank Rolfe. Get A Copy. Kindle Edition , 95 pages.

More Details Other Editions 1. All Editions Add a New Edition. Friend Reviews. To see what your friends thought of this book, please sign up. To ask other readers questions about Mobile Home Park Investing , please sign up. Be the first to ask a question about Mobile Home Park Investing.

Lists with This Book. This book is not yet featured on Listopia. Add this book to your favorite list ». Community Reviews. Showing Average rating 4. Rating details. All Languages. More filters. Sort order. Start your review of Mobile Home Park Investing. Robert Lindsley rated it it was amazing Jan 17, These are considered land improvements and are typically depreciated over a period of 15 years.

This increased depreciation over the first 15 years is a major tax benefit for many investors. Barriers For Entry Competition: Another hidden benefit of mobile home parks are the barriers to entry for competition. In most areas of the country, it is difficult to get the proper zoning, meet all the requirements to build a new community and actually make a profit. Face it, once you get all the permits and licenses and have the curbs, roads, driveways, utilities, pads and everything else built out, you will have a carrying cost until you actually get enough homes into the project to break even, let alone start making a profit.

Mobile Home Parks are in limited supply and the barriers to entry as far as costs, regulations and government restrictions make developing new parks unfeasible in most areas. State and local governments restrict new mobile home park developments for many reasons, including: bad reputation, existing owners allowing parks to deteriorate, less property tax base to fund schools, police, fire, and other government services.

Most Individuals Own Their Home: Another benefit of mobile home parks is that in most cases you have individuals that own their own homes and will tend to take care of the home as well as their lot. Since you are renting basically the land and the utility connections, there is not near as many things that your renters can do to cost you major repairs.

Sure they may flush things down the sewer and let the water run, but they will not be putting holes in the walls and floors or spilling things on the carpet as they will in your apartment rentals. You rent the land and do not have to fix leaky kitchen faucets or toilets. Good Position To Buy And Sell: Another benefit of owning mobile home parks is that you are often in a good position to buy and sell new and used mobile homes.

You can often buy homes that people sell in your park, in nearby parks, repos, or even new homes from the manufacturers and place them in your park and sell them at a profit. Depending on the situation, you may be able to sell them for cash, on terms, or with new financing.

As the park owner, every time you sell a home and fill a vacant lot in your park you have just increased the monthly lot rent income as well as the value of the park. As the park owner you can live on a much smaller or even a break even on the home sales and thus save your buyers thousands of dollars.

Dave Reynolds is a successful real estate investor that has specialized in the purchasing of Mobile Home and RV Parks for the past 12 years. He has the keen ability to quickly assess deals, cut through hype, measure upside vs.

Dave Reynolds received a B. He has had two big successes: a billboard business that he sold to a public company in , and a mobile home park business that he sold to various buyers beginning in Frank Rolfe holds a B. Dave Reynolds and Frank Rolfe have combined forces to bring the real estate market a better perspective on the multiple successes you can have with Mobile Home Parks. This post is provided by REI Club for real estate investors. Copyright All Rights Reserved.

Published with Permission of Author. With AAOA, landlords have resources at their fingertips. Check out our Landlord Forms page. American Apartment Owners Association offers discounts on products and services for landlords related to your rental housing investment, including rental forms , tenant debt collection, tenant background checks , insurance and financing. Find out more at www. Hit enter to search or ESC to close. Print Friendly.

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#49: Own Your First Mobile Home Park with Frank Rolfe

Frank Rolfe and Dave Reynolds rank as the 5th largest owner of mobile home parks in the U.S., with over lots. They have been in the mobile home park. The Mobile Home Park Manifesto: Ethical and profitable investing in non-institutional grade land lease communities. Mobile Home Park Investing eBook: Reynolds, Dave, Rolfe, Frank: Kindle How to Invest in a Mobile Home Park: For Business, Money and Profit.