Two lots have come on the market in the Montauk Mobile Home Park in Montauk, Long Island. The 199 lot complex became a condominium park in 1976, when 152 existing residents banded together to buy the park out of bankruptcy. What makes the park unique is the 900 feet of beach frontage on the Atlantic Ocean. And not just any beach, but what is considered some of the finest surfing in the U.S. Read more »
Residents have started to return to Silver Village Park, in Silver Creek, New York, after a devastating flood washed away the entire 35 lot mobile home park.
“It’s a miracle that everyone got out” said resident Barb Amrozowicz. “The girl next door to me said “you’ve got to get out”. When I stepped down off my bottom step, it was over my knees.” Read more »
The SAFE act is new federal law designed to assist with the recovery of America’s residential housing market. It is intended to modernize the Federal Housing Administration, reduce foreclosures, enhance consumer protections, and reduce mortgage fraud by establishing minimum standards for the licensing and registration of state-licensed mortgage loan originators. Read more »
I just wanted to let everyone know about the skirting program I have found. I have been able to save about $150 per home on skirting when I purchase enough for 3-4 homes. Also, on qualifying orders free shipping is available. If you would like to get more information Click Here and simply fill out the form.
A 7 year old girl was attacked at 3:00 in the afternoon by a 115 lb. pit bull in the Valley View Mobile Home Park in the Atlanta area. A good Samaritan saw the attack, and was able to fight off the dog with a piece of lumber, and then rushed the child to a local hospital. The girl has severe damage to her leg, but it “could have been a lot worse had he not intervened” said Sgt. Dana Pierce with the local police department. Read more »
Owners of the Thonotosassa mobile home park have been named in a civil suit brought by the family of a man killed in self defense by another park resident.
Charles Podany, a resident of the mobile home park, approached a vehicle that contained Casey Landes, and asked the vehicle to slow down while driving through the park due to children at play. Landes became enraged and knocked Podany off this bike and started beating him. Podany, who has a license to carry a concealed handgun, pulled out a .40 caliber automatic and shot Landes twice, killing him. Toxicology tests showed that Landes had a .28 blood alcohol reading, while a reading of 08 is considered intoxicated Read more »
The greatest misconception about financing Mobile Home Parks is that the lender who finances the park will also finance the homes. The fact is that nothing could further from the truth since the value of the homes are of no value to the lending institutions. The reason is that the homes depreciate in value, people tend to trash them when they leave, and even if the tongues are cut off, they can always be welded back on and the home Read more »
Just about anybody who watches late night TV, or receives email, or reads, knows that there are hundreds of people promoting concepts to make money in single family homes. “Buy foreclosures”, “profit from short sales”, “wholesale houses” – there are at least 1,000 different concepts. Unfortunately, the only people who actually make money in many of these ideas are the promoters. There are so many people chasing after single-family homes to invest in that the market is beyond saturated, and any profitability has been extinguished. Read more »
Tags: mobile home park and US Recession, mobile home park business, mobile home park business operations, mobile home park evaluation, mobile home park industry, mobile home park investing, Mobile Home Park Loans, mobile home park opportunity, mobile home park tenants, mobile home vs. rv park
Uncategorized | Frank Rolfe |
February 11, 2010 5:48 pm |
Comments (3)
By popular request of our friends from Texas, Oklahoma, Louisiana, Arkansas and surrounding areas, we are taking the Boot Camp on the road to Dallas on April 30th to May 2nd.
If you have been waiting until the Boot Camp got closer to home to save on travel cost, here’s your opportunity. Read more »
Tags: mobile home investment, mobile home park and US Recession, mobile home park business, mobile home park investing, Mobile Home Park Loans, mobile home park opportunity, mobile home parks marketing, mobile home parks rules
mobile home advertising, mobile home park, mobile home park business operations, mobile home park investing, mobile home park news, mobile home park ratings, mobile home park selling | Dave Reynolds |
5:44 pm |
Comments (0)
The Department of Environmental Protection has fined a Harrisburg, Pennsylvania mobile home park owner $123,570 for allowing sewage from his treatment plant to discharge into a nearby stream.
Frank Perano, the owner of Dauphin County Mobile Home Park, has allowed repeated cases of discharge from his over-loaded treatment plant. Read more »