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Real Estate Investing for Cash Flow with Kevin Bupp
MHP #766: The Top 3 Ways to Find Mobile Home Parks For Sale
Jul 10, 2024
Discover effective strategies for finding mobile home parks, including the best online platforms and the importance of broker relationships. Learn how networking at industry events and employing direct acquisition methods like cold calling can boost your chances of finding valuable deals. The key to success? Patience and consistency in your efforts. With expert insights and actionable tips, you'll be equipped to navigate the mobile home park investment landscape with confidence.
30:27
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Quick takeaways
- Utilizing online platforms like Crexi can enhance the search for mobile home parks, but success requires setting alerts for new listings.
- Building strong relationships with mobile home park-specific brokers and directly contacting owners can reveal unique investment opportunities not publicly listed.
Deep dives
Online Listing Sites for Mobile Home Parks
Online listing websites play a crucial role in finding mobile home parks for sale. While LoopNet has been a staple in the industry due to its long-standing presence, it is considered less effective because many listings may already be shopped to a limited buyer audience. Conversely, newer platforms like Crexsee offer a better user interface and similar listings, making it a preferred site for brokers. However, it's important to note that finding a great deal online can be challenging, and potential investors should set alerts to stay updated on new listings rather than spending excessive time browsing these platforms.
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