Hello, brand new to the community and wanted to share this win. I have been working with the seller on an LOI over the last week and a half, going back and forth on terms, and we are finally putting the contract together. At acquisition it sits at 9.5% Cap. All TOH's The value add is 6 open spaces and way below market rents. Working on due diligence first, then the value-add play. Goal is completion with infill and rent stabilization in the next 12 months. I gotta say, it is exciting and terrifying at the same time. 😬

Hello Friends! Looking for a little guidance here. I am in negotiations on an LOI. The seller is pretty adamant about conveying the LLC that currently owns the park. I have always thought this was a bad idea, not knowing what potential litigations could be following that entity. Is this a normal thing in the MHP space?

I'm excited to be in the group!! I am a licensed real estate agent/broker in Idaho and Washington. I have been in the real estate space for 26 years. The MHP asset class is pretty new to me as an investor. Although I have flipped several (mobile homes, not parks) over the years, I never thought I could buy one. Learning from podcasts and several others that have been acquiring parks, I now realize it is a very tangible asset class to own. Looking forward to meeting people in here and learning as much as I can. Oh, and also, I am currently in negotiations on an LOI for a park in FL. Should have that ironed out today. Cheers!!!

All — we're making a change that's going to make this community way better for everyone. 🎉 The Paid Community is Now Freemium We're consolidating everything into THIS community. Free members and paid members, all in one place. Why? A unified community means: → More engagement and better conversations → Less confusion about where to go for what → Less admin overhead for our team → A better experience for everyone, at every level 📌 What Still Requires an Upgrade Going freemium doesn't mean everything is free. The premium layer is still for paid members only: → Live Coaching Calls (still only for premium and above) → Courses on Acquisitions and Operations → Premium Level Tools and VIP Level Tools → Paid Member Study Halls (so that the most serious investors get to interact) And for those that want even more - our 70% success rate Group Mentorship Program is still up and running and is our most popular product for a reason: The community is now bigger which will create MORE OPPORTUNITY FOR EVERYONE. The paid experience is still exclusive which will allow for MORE SERIOUS CONVERSATIONS in live spaces. If you're not upgraded yet and want access to the full suite, now's a great time to make that move. Drop questions below!