Mobile Home Park Managers Introduction

21 Comments

January 3, 2013

Welcome back,

If you are planning to invest in mobile homes within parks then you had better be ready to build rapport with mobile home park managers. A park manager or community manager is the “Gate Keeper” to you investing in any particular mobile home park or community. The more you understand how to help local Park Managers and your role as an Investor the easier this initial conversation will become. Keep in mind your service to the Park is to make your Park Manager’s life easier, not harder.

Introducing yourself to Mobile Home Park Managers will inevitably give you 1 of 2 results, either:

  1. The Park Manager will invite you invest in homes within the park. You make cash-flow.
  2. The Park Manager will tell you to leave and not come back again. You are denied cash-flow.

The method outlined in the video above is a technique to be used to help “Open” the dialog between you and a mobile home Park Manager. Watch the video above and notice how the purpose of this introduction method is to establish in a park manager’s mind that;

  1. You are like-able
  2. You have enough experienced to know the basics
  3. You are here today to help this Mobile Home Park generate more revenue
  4. You are important enough to be followed up with personally

If you have any mobile home investing questions or general manufactured home questions do not hesitate to reach out to me.

Love what you do daily,
John Fedro
support@mobilehomeinvesting.net

 

 

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21 Comments

  • Greg Finnagin

    Reply Reply January 3, 2013

    Awesome strategy John. This is exactly the type of help I am looking for. I have been apprehensive about approaching park managers for this exact reason. I dont want to get thrown the hell out! lol

    I have a coupe questions for you when you are not too busy. If you could help me with them I would very much be grateful as I very much care about your opinion. Do you think it is necessary for me to have a picture of the home you plan to move into the park just in case? Secondly could you tell me the exact words you use when asking a park for a move-in-assistance-plan like this?

    Happy New Year to you and your family too.

    Greg Finnagin

    • John Fedro

      Reply Reply January 3, 2013

      Hi Greg,

      Thanks for your kind words. Check out the site and learn as much as you can. I am here to help.

      Concerning your 2 questions, you should not likely need any pictures to support your claim. If you want to find one you can try craigslist and type in “mobile home must move” in the search box and find some real deals in your local area.

      Your second question of the “exact words” is a great question. “Hello, I am trying to learn more about your lovely park. If I want to move a vacant mobile home in to your lovely park does your community offer any sort of compensation plan to pay for the entire or partial move?”

      If they don’t have a program like this in place then make sure to offer/negotiate a win-win deal, the benefit to the park is that the home can stay there for 10-15 years with a signed agreement.

      Best,
      John Fedro

  • Paul

    Reply Reply January 17, 2013

    Hi John, Newbie here.
    Have you ever experienced moving a mobile home into a park? I am here in Ellenton Fl, presume you spent some time in Tampa as I have visited channelside many time, and have come across a few nicely appointed mobile homes located in the wrong parks. Is moving a home in a real world situation or more of a strategy to get comfortable with the managers.

    Paul

    • John Fedro

      Reply Reply January 17, 2013

      Hi Paul,

      There are a lot of parts to your questions so for your help and those that are reading I will number the questions below…

      1.) Have you ever experienced moving a mobile home into a park? Yes, I sure have… many times. I am also very familiar with the FL market and Tampa bay.

      2.) Is moving a home in a real world situation or more of a strategy to get comfortable with the managers? If you have figured the moving costs into the price and terms of the home then it can very well make sense. Like I mentioned in this video above, if the park pays for the move and setup all the better. I see that you signed up for the Mobile Home Formula. Email me with the details about these homes and parks. I have already emailed you from my personal account.

      My question to you… What makes these parks the “wrong parks” as you described??

      Talk soon,
      John Fedro

  • Howard

    Reply Reply January 17, 2013

    did invest in realestate now looking at mobil homes own our own finance company is their any info I can reador is it all on the jo trraiig this is not a market i uderstad or know about such as customer base

    • John Fedro

      Reply Reply January 17, 2013

      Hi Howard,

      Sign up for a 30 minute consultation call with me and we can discuss your steps moving forward. You will see the consultation link on the right side of this page.

      Talk soon,
      John

  • erika

    Reply Reply February 2, 2013

    I have A question, how would you go about purchasing homes in parks where tenants have to be approved by the management at the park?

    • John Fedro

      Reply Reply February 4, 2013

      Hi Erika,

      A MHP that has an approval process for it’s applicants describes 90% or more of the mobile homes parks where you lease the land monthly in the US. So with that said we follow normal selling procedure.

      Depending on the MHP they will screen for credit history, criminal history, past evictions, review W-2 information, current references, etc. Some parks are much more strict than others so make sure you know what your specific MHP looks for in new applicants, this way you can verbally weed-out the potential buyers you know will not approve before they waste their time.

      Did this answer your question or was there a more specific park screening question you had?

      Best,
      John Fedro

  • Rafael Majorca Villas

    Reply Reply May 16, 2013

    Living in a type of houses of this type is a very different experience than usual. Has its good and bad things.

    Personally, I prefer to live in mobile properties are a good solution if you want one losing in the countryside or mountains.

    Thank you for the advice,
    Rafael

  • Sam decosta

    Reply Reply July 31, 2013

    Thanks

    for great information..,

    • John Fedro

      Reply Reply July 31, 2013

      Hi Sam,

      Thanks for commenting and introducing yourself. I will be in touch in the future to discuss MHP financing.

      Best,
      John

  • Danny Mckenzie

    Reply Reply January 11, 2014

    Hi John, I own three mobile home parks and just purchased my 4th park, It has 51 lots and 45 park owned mobile homes. Since I don’t like to rent mobile homes, I am interested in selling those 45 homes to someone who wants to invest and make a good return. Is there a web site where I can invite buyers ?
    Danny

    • John Fedro

      Reply Reply January 12, 2014

      Hi Danny,

      Thank you for reaching out to me in this matter. Also, congratulations on the 4th MHP acquisition. This does not come easy or without great effort. Well done again.

      There are 2 ideas I have for you to get these homes in front of as many investors and buyers as possible. 1.) The first is to comment back or email me personally at support@mobilehomeinvesting with your area (city, state) and general prices ranges and conditions of your homes, my thought is they will be all over the board. As investor we are looking to pay a little as possible especially if purchasing in bulk. I would be more than happy to bring these homes and your contact info to any local investors I am working with in the area. 2.) The second idea is to create a FSBO ad on mobilehomevillage.com of your homes for sale. This should help generate some calls as well. Let me know your thoughts?

      Talk soon,
      John Fedro

  • Aaron Johnson

    Reply Reply October 28, 2014

    Good Day John,

    Thanks for helping me establish a viable business.

    My Question to you is how do you, deal with mobile home parks, that require a security deposit and one to two months lot rent when moving into a park? Do you structure your deals with end buyers accordingly based on this? When buying a home in a park am I required to get approved or do i forego this process, and leave it to my end-buyer to get approved?

    Thanks for your feedback..

    • John Fedro

      Reply Reply October 30, 2014

      Hi Aaron,

      Thanks for your kind words and very happy to help. Many parks I am in only charge a deposit and nothing more. However if you are in a park with a mandatory 2 month lot rent due when signing I would contour the selling terms to meet my low-risk buyers needs. Once you resell you should either receive your deposit and 2 months back from the park manager, unless you work out a separate deal with the tenant-buyer. Yes, most parks will want some identification from you and likely a background check. This varies from park to park with some wanting to run a complete background check on you and other parks just wanting your business card for their file.

      Hope this helps.

      Best,
      John

  • Mary

    Reply Reply August 3, 2022

    If you were interviewing for a park manager position, what would be some questions you would ask

    • John Fedro

      Reply Reply August 4, 2022

      Hi Mary,

      Thank you for reaching out and connecting. I am not sure if I would be interviewing as the potential park manager, or I would be the boss? However assuming that I would be the boss, I would absolutely want to perform a background check to know who I was dealing with and how financially stable they were. I do not need anyone that is broke or that cannot manage money managing the community. The questions I would ask very depending on what stage the mobile home park was at. If the mobile home park was pretty rough and we were evicting people in the beginning and cleaning it up and that is a certain type of management style. Once the park is running smoothly the manager needs to adapt and take a bit of a softer approach. People’s history typically can shed a light into their future behaviors. When interviewing managers I like to get to know the managers and have them talk for some time. Talk about the roles and activities they will be performing and asked them questions about times they’ve been in similar situations. How they have handled difficult people and difficult situations in the past. Unfortunately is difficult to ask questions to find out how proactive a manager is going to be or how much of a self-starter they will be. Giving them an introductory period will determine this very quickly. Asking the potential manager different things they would improve by looking around the community may help as well. Hope this helps and points you in the right direction. Feel free to keep in touch if you can think of any other good ones. All the best.

      Talk soon,
      John

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