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  1. BRichard

    Investing in Townhomes

    REAL ESTATE 
    So far it seems the brokers i've encountered specialize in MHP or multi, both not much crossover. Understood about doing a deal, i'm selling a park now and immediately looking to deploy those funds. Ready to do the deal, just turning over rocks to find the next acquisition.
  2. BRichard

    Mobile Home Park Fund Start up

    REAL ESTATE 
    SECO is a big one, and IMN is something my broker attends as well. secoconference.com
  3. BRichard

    Investing in Townhomes

    REAL ESTATE 
    Connor, Great to see another RE investor in the Carolinas. I've got a few MHP's which have built up some equity the last 5 years and I am looking at disposing those to 1031 into some multifamily. What have you found good sources of leads? Would love to connect and trade notes.
  4. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    I hear ya, we were holding still and optimizing through end of 2019/through 2020. Accelerating the acquisitions again.
  5. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    That's awesome, you invested primarily in PNW?
  6. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    Hey guys, I know this thread is old but wanted to see who else is still active in MHP's?? At the end of 2020 i combined 2 small parks (9 + 16) and sold as a small 2-park package. Did well on the sale as we increased value of the parks about 35% in 2 years based on purchase price vs sales price...
  7. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    Hi Major, Did you close on all 3 parks? Would love to catch up and see how things are porgressing.
  8. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    @HL805 I run multiple techniques concurrently - hand written letters, postcard mailers, cold calls, etc all at once. I've used brokers and MLS also, but those purchase prices are generally high and the returns much lower. Best deal to date was a pure cold call. Most of what I see online is...
  9. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    Thanks @JScott , I am hoping that is the case!
  10. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    How is everybody going with their MHP investment activities? I've just closed on my 4th park, and locking up 2 more in Due Diligence. Any of you guys taking on capital only investors/partners? I'm running out of personal cash and continuing to find more deals. Deal flow = good/great Investor...
  11. BRichard

    The US Needs More Tradespeople

    HOT! 
    I am also seeing this on ground level. I own real estate that requires renovations, can't find anyone reliable. My father has been in construction, GC, estimating, restoration construction, etc and he lives in a major city. Said most trade workers last 2 weeks or less and then ghost the boss...
  12. BRichard

    (From CNN) 6 things you can do right now that'll make you rich

    Just watched this piece of Scripted Dogma garbage.......the pandering to the common minds and terrifying script-speak (a la '1984') actually scares me for the future..... View: https://www.youtube.com/watch?v=p4ozAACcc8I
  13. BRichard

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    Listening to "Built From Scratch" about the Home Depot founders. Decent audiobook, might follow up with Ken Langone's book after this one. Much prefer the Sam Walton book "Made In America".
  14. BRichard

    All guys over 25 must read . . .

    HEALTH 
    @Kruiser Did your blood pressure go up when your T was at 1050 and E at 60ish? Only reason I ask, is I have felt that in the past (the flushed face, stress, etc) and have had awesome success with donating blood 1-2 times per year. It allows replenishment of the red blood cells, and i know...
  15. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    All good! Let's meet up if you ever travel towards the SouthEast in the contiguous 48 :)
  16. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    Good work @WJK What regions of the US are you invested in?
  17. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    :cool: @Major Thanks! Closed on 3rd park this year, looking to acquire 2 more medium-sized parks in 2019 and complete some cash-out refi's next year for some wealth events :cool::cool: I'm really interested in the concept of an entity for owning the park (real property/parcel), then a...
  18. BRichard

    So I Read Unscripted Again...

    MINDSET 
    Make some new goals and/or adjust these goals, it will keep the fire stoked. I'm in the process of doing the same as I coach sports and just recently achieved a National Championship, which of course renders my prior aspirations as a coach less engaging and won't keep me fired up to keep...
  19. BRichard

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    @EAChi I am also looking for similar info, I have multiple parks under ownership and am constantly exposed to opportunities to re-sell homes and the majority of buyers in my area are asking for a rent-to-own option, as they don't have cash to purchase a MH outright. @Major Is that the de...
  20. BRichard

    I've Read UNSCRIPTED!

    GOLD! HOT! 
    I've read Unscripted (audiobook) and am currently on my 3rd time listening through (in its entirety). Awesome!

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