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The MHP Pros Mastermind

222 members • Free

Mobile Home Park Mastermind

918 members • Free

14 contributions to The MHP Pros Mastermind
Seller Bank Statements/Tax Returns
Seller does not want to share tax returns or bank statements because they are combined with his other park. Common issue or red flag?
4 likes • 17d
Turns out to be a miscommunication between attorneys. He has no problem sharing. He simply commented that they contain both parks. Last sticking point on the PSA. Ready to sign!! First park. Thanks for the feedback.
Seller Finance Getting Gold Feet
I have a seller that agreed to seller finance that is bulking a little. I have provided proof of funds and a professional bio since I do not currently own parks. He stated " looking for financial evidence that would support giving a $900k loan." My response is that the park is the collateral and that the financial performance of the park should provide confidence. Any thoughts about what else could help?
1 like • Mar 19
Love that. Thank you
Dumb question about grass
Here’s a dumb one: how do you guys plant new grass in a park you manage remotely, and where every resident is on individually metered water (and, therefore, doesn’t want you using their water, and isn’t interested in helping you by watering the seed/sod)? And what about when grass needs to be grown in a spot that’s not really near any water spigot?
1 like • Mar 14
Try to sew seed in spring or fall and you won’t need to water. Just won’t come up as fast. Make sure your ground is loosed up and cover with straw.
1 like • Mar 14
Unless you are in a southern dry climate of course.
Small lots a concern?
How concerned should I be with small cramped lots? All of the homes are old but seem to be in ok condition now. However, when they reach the end of their life span, replacing them would mean a costly shuffle of the park layout to get newer homes in.
1 like • Oct '25
Finally made contact with a person at the zoning office. Their sense of urgency is definitely a little different than mine. That is exactly the case Michael. It is a replace like-for-like scenario. I think I need to pass on this one. If anyone has a different opinion, please jump in.
Wins
Contract for the 14 pad park has been sent, waiting on signature currently!
3 likes • Oct '25
Awesome. Congratulations
1-10 of 14
Rick Borkowski
4
89points to level up
@rick-borkowski-3253
My MHP journey is just beginning. Excited to be part of this community. Eager to learn!

Active 3d ago
Joined Aug 6, 2025
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