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16 contributions to The MHP Pros Mastermind
If we add another Q&A Session or replace current, which DAY....
What day would you guys want it to be on? Also, in the comments give me any runner-up days and times that work for you! (Follow @Ryan O'Callaghan 's Lead)
Poll
9 members have voted
If we add another Q&A Session or replace current, which DAY....
2 likes • 1d
Typically, Tuesday's, Wednesday and Thursdays from 8am - 10am MST work really well for me.
2 likes • Feb 26
Absolutely love them!
1 like • Feb 26
No login issues last night
What are LPs interested in?
Aleksey Chernobelskiy of GP-LP match on LinkedIn “We recently allowed LPs to search our entire database of GPs across a bunch of variables Here are the top used filters that LPs search for - pretty fascinating if you ask me.”
What are LPs interested in?
1 like • Feb 18
What does it mean with "HQ States?" I was trying to look it up and I am not sure if I had the correct definition.
1 like • Feb 18
@Michael Pansolini That makes sense. Thank you for clarifying!
Cost to Add RV's to a park?
What should I expect to pay to add 5 additional RV lots to a park? I need to add electrical pedestals, sewer lines, and water lines. Along with affordable RVs. Currently, the park is on City water and sewer. The surface is gravel, and I would use that for the pads as well. The total linear distance is around 300 ft. I plan to use 50-amp boxes. The sewer lines would be individual versus a dump space.
1 like • Feb 1
@Charlie Wang I spoke with a guy in the local market who can do the pads for manufactured homes for 5-7k with gravel which is what most of the park is. Still waiting to hear back from the city to the cost to extend the water and sewer lines. Hopefully I will hear back in the next week or so. Thank you for your response!
2 likes • Feb 1
@Shawn Abe This is incredible, thank you Shawn! I have heard from one contract that the pads will cost 5-7k for the manufactured home pads. Still need to get more data about the rest.
Does This Deal Have Any Potential?
During my time in Lubbock, I had the opportunity to build some great relationships and connect with a few amazing people . One of those connections is a lender who’s involved in a different mobile home park—the same park that a seller I previously worked with is now trying to offload. That seller still technically owns the park, but he plans to step back from the deal to avoid future legal complications. The lender is in a tough spot. His team is facing a $1.2 million loss on the property, so he's open to almost any deal structure to avoid taking that hit. As it stands, the park is worth about $300,000 and requires significant infill and infrastructure upgrades. It's an old 1960s-style park with outdated clay sewer lines and ¾-inch galvanized steel water lines. Some water lines are already leaking, and the sewer system will likely need to be fully replaced within the next 3–5 years. As part of the agreement with the lender, the seller must move 20 homes into the park. He’s in a position to do this, as he recently sold another park and is relocating 15 tenant-occupied homes and another 5 homes that need renovation. This move-in process is expected to be completed within the next three months. Currently, the lot rent is $300 per unit, and the expense ratio is around 30%, which is fairly reasonable. Once the 15 occupied homes are brought in, the park’s value could increase by about $450,000 overnight, assuming a 9% cap rate. So there’s definite upside potential. That said, it’s still a heavy infill project with infrastructure challenges—and for that reason, I feel it may be too risky for a first-time park acquisition. Would love to hear your thoughts or suggestions on how you would approach this.
2 likes • Jan 18
@Christopher Kelch I agree with you, it is such a major headache risk. Just curious to see if there would be any way to make it work. Thank you for your response!
2 likes • Jan 26
@Matt Fonk Thank you Matt! I ended seeing on Facebook that someone got it under contract for 1.7 million to wholesale. They will definitely not be able to close at that amount, but something I am tracking and reaching out to some people to see if anything makes sense for me to wholesale it.
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Ryan O'Callaghan
4
80points to level up
@ryan-ocallaghan-6284
Real estate investor specializing in wholesaling and flipping mobile homes.

Active 2h ago
Joined Oct 6, 2025
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