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OpenClaw Install & Support

70 members • Free

The MHP Pros Mastermind

107 members • $99/month

22 contributions to The MHP Pros Mastermind
Keeping POH out of bank’s collateral.
Has anyone bought a park with a handful of POH and been able to keep the titles out of bank collateral? I’d like to be able to get clear title to the homes at closing so that I can sell them quickly and recoup some of my down payment.
5 likes • 14d
@Eric Caravella you just need to tell the bank they are not part of their collateral. The land typically needs to appraise high enough without the homes. I have pulled this off every time (except the first deal, where I learned the hard way about having to direct POH sales proceeds to the land loan.)
I built an AI assistant that runs my business while I sleep
4 days ago I started experimenting with something and it's gotten to the point where I need to share it. I have an AI assistant named R2 (yes, like R2-D2) that I've connected to basically every system I use: • Google Calendar (manages 7 calendars, auto-creates Zoom links for every meeting) • Gmail - i gave him his own email address (reads, drafts, sends emails with proper context) • ClickUp (creates tasks, assigns them, tracks dependencies) • Google Drive (accesses, edits when i say so, and organizes documents) • Fathom (pulls meeting transcripts and summaries automatically after every call) • Google Maps / Places API (running large-scale MHP data projects) • Rent Manager (integration in progress) Here's what's wild - we set this up in 4 days. Not months. Not with a dev team (except for the server it sits on). Four days of me giving it access and telling it what I need. Some things it does daily without me asking: • Checks my inbox every 5 minutes, labels and categorizes everything • Monitors for new Fathom meeting recordings and processes them into a knowledge base • Manages calendar events across all my business entities • Runs background research and data projects overnight The thing that changed my perspective: I went to bed one night and woke up to completed work. Not half-done. Not "here's a plan." Actual finished output. This isn't ChatGPT. It's not a chatbot you ask questions to. It's an autonomous agent with persistent memory that knows my businesses, my team, my preferences, and my systems. It remembers every conversation we've had and builds on them. I'm not a developer. I can't code. But the barrier to building something like this is basically gone now. The tools exist - you just need to know how to connect them. If you're an operator managing parks, dealing with contractors, handling tenant communications, tracking deals - imagine having a second brain that never sleeps, never forgets, and gets better every day. Happy to answer questions if anyone's curious about the setup or what's possible.
I built an AI assistant that runs my business while I sleep
2 likes • Feb 11
It's pretty crazy everything AI is capable of, and how fast it is improving.
POH private lenders
Is anyone having success getting private investors to put up money for POH/infill? What rate are you paying? We have been using banks for much of our infill but they require paperwork, origination fees, and high interest fees on a per home basis. I would rather get a private money lender at $100k-$1M and pay 7-9% interest, but the people I've been talking to want like 15% and that's just too steep.
3 likes • Feb 7
@Michael Pansolini I have a client that has done this and they raised several million very quickly. They are paying 14% to the investors, which attracted a lot of folks. They also have the loans backed by the parks, as they are also the park owners. The challenge is the parks are being charged 15-17% for the loans ... so the debt is pretty steep for the parks.
2 likes • Feb 7
@Christopher Kelch that sounds like a win-win.
DD Timeline
Currently in negotiations - how feasible is a 2 week DD period? Seems too short to me, but haven’t been through it yet. Would love everyone’s insight. Also what would I need to have ready in order to successfully execute it within that timeframe?
3 likes • Feb 5
You should get a minimum of 30 days. I would suggest getting 30 days for free and a paid 30 day extension. Say, EMD is $10k then the extension should be $10k nonrefundable but applicable to the purchase price. (Sellers are almost always open to this because they know you are not wasting 59 days of their time for free.) And, get 15-30 days for Closing. That typically gives you enough time to properly complete DD and get financing and you have 75-90 days and really only risk $10k (plus other pursuit costs.) If you are getting a CMBS or agency loan then you'll need at least 75 days.
Infill: New vs Used
These are some of the conversations that unfold inside our group mentorship program: Question on the table: What is actually harder with infill, new homes or used homes? • Short answer from operators in the trenches: both. • New homes: • Usually easier logistically. • Factory delivery is cleaner and more predictable. • Still not foolproof. • Axle issues from the factory happen more often than people expect. • State code can trigger extra site prep depending on location. • Used homes: • Hardest part is sourcing them. • Facebook Marketplace becomes a daily habit. • You need homes that are worth moving, not just cheap. • Prep work matters. • Utilities must be disconnected. • Skirting, decks, tie downs, and steps all need coordination. • Transport requires the right contractors at the right time. • State specific nuance matters. • In places like Illinois, new homes can trigger heavier code requirements. • Used homes can often move in without upgrades that new homes require. This is why infill is not passive. This is why spreadsheets lie if you do not understand operations. This is why real operators talk through this stuff live. If you think infill is just buying a home and dropping it on a pad, you are underestimating the work!
Infill: New vs Used
4 likes • Dec '25
New homes are much easier. Sure, there is more site prep and they cost more but used homes are way more likely to have cost overruns and way harder to source at scale. And, you often have weeks of renovation time - per home - with no rent coming in. It's also easier to get financing with new homes. And, new homes make the park more valuable than the park full of used clunkers. The biggest down side with new homes is finding enough customers that can get approved to buy them at the higher price. In some cities this is not an issue but in others it is a HUGE issue. I have some parks where we can only sell homes, whether new or used, in the $30-40k range ... so new homes are not really an option. But I'd rather drop five new homes in at once and eat $5k a piece to sell them than fight for used homes that are a pain to move, a pain to remodel, and get $0 in site rent in the interim. I've probably done a 100 new infill and a 100+ used infill (and I just bought a package of 45 used homes, but they are all already on wheels and in a storage yard.) So, I still do both regularly, but used homes are more work. Not to mention I've shown up with a full price offer after driving 50 miles only to find out the used home sold 15 minutes earlier. Nobody gets in a street/legal fight for buying a new home but many operators have been punched in the nose for poaching a used home (at least from another park.) So, I would do new homes if the market can support them and used homes if the market cannot.
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Ferdinand Niemann
4
51points to level up
@ferdinand-niemann-1333
Ferd Niemann is a real estate attorney and investor with a unique experience in a myriad of different related roles throughout his career.

Active 13h ago
Joined Feb 24, 2025
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