Additional information
by Erin Cochran (Introduction by), Laura Cochran (Author)
The New Investor's Guide To Owning A Mobile Home Park: Why mobile home park ownership is the best investment in this economy and step by step instructions how to acquire and manage a profitable park Multi-park owner and manager of her own mobile home parks, Laura Cochran, believes that owning a mobile home park is the best investment and attainable for anyone who wants to add a mobile home park investment to his or her portfolio. "Purchasing a mobile home park is in my opinion, and based on my own twenty-two years of real estate and mobile home park investing, the best alternative investment for the serious investor. I think every investor should own a mobile home park, and here is why: -Low to zero vacancy rate -Steady monthly income -Predictable monthly cash flow -Good return on investment -Investor has control over cash flow and vacancy rate -Additional opportunities to increase cash flow through rent raises and eliminating utility bills via pass-through billing -Mobile home parks hold their market value and appreciate in value -There is always a demand for affordable housing found in parks -You retain your initial nest egg that you purchased the park with - your investment dollars are in tact This purchase of The New Investor's Guide To Owning A Mobile Home Park takes you through 25-Chapters of step by step instruction, and includes SIX FREE MONTHS of unlimited park browsing on our exclusive mobile home park website www.mobilehomeparkinfo.com as detailed in Chapter Three. Wishing you every success with your continued investing ventures as you research and discover the possibilities of adding a mobile home park to your investments." -author Laura Cochran This Mobile Home Park investor's guide contains the following 25 chapters: Chapter 1 W.O.W. WORKING FOR YOUR MONEY, OWN YOUR OWN BUSINESS, YOUR MONEY WORKING FOR YOU Chapter 2 TYPES OF PARKS Chapter 3 WHERE TO FIND PARKS FOR SALE Chapter 4 WHAT MAKES A PROFITABLE MOBILE HOME PARK: CAP RATES AND CASH FLOW Chapter 5 FINANCING: HOW CAN YOU AFFORD A MOBILE HOME PARK? HOW CAN ANYONE? Chapter 6 GETTING STARTED: INTERVIEWING BANKS Chapter 7 SETTING UP YOUR BUSINESS: THE VALUE OF A CORPORATE VEIL Chapter 8 YOUR PROFESSIONAL CIRCLE Chapter 9 BUYING VERSUS DEVELOPING Chapter 10 QUESTIONS TO ASK BEFORE BUYING A PARK Chapter 11 WHY ARE THEY SELLING? WHAT CAN YOU FIX THAT WILL MAKE THIS PARK PROFITABLE? Chapter 12 CONGRATULATIONS- YOU BOUGHT A PARK! Chapter 13 MANAGEMENT: WHO IS GOING TO MANAGE YOUR PARK FOR YOU? Chapter 14 TIME-SAVING SOFTWARE Chapter 15 GO AWAY... AND STILL MANAGE YOUR PARK Chapter 16 PAY YOUR OWN BILLS Chapter 17 UTILITIES Chapter 18 PARK RULES Chapter 19 BE STRICT Chapter 20 COLLECTING RENT Chapter 21 NOTICES: WHAT HAPPENS WHEN TENANTS FAIL TO PAY RENT Chapter 22 GOING TO COURT: FED'S AND TRIALS Chapter 23 PROBLEMS IN YOUR PARK Chapter 24 KEEPING YOUR PARK FULL AND PROFITABLE Chapter 25 STEP-BY-STEP INSTRUCTIONS: CHECKLIST FOR BUYING YOUR MOBILE HOME PARK
Author Biography
The New Investor's Guide To Owning A Mobile Home Park, by author Laura Cochran, describes her rags to riches story as a young single mom trying to find the best means to support her severely disabled child. Low on resources, time and energy, she accidentally discovered that park ownership was the best possible investment for immediate returns and passive income. By reinvesting and managing her own 300] rentals over the next 22 years, Cochran paid herself instead of paying a manager. She solved a number of landlord problems, such as eliminating rents "lost in the mail" by establishing a direct deposit system for tenants who would then get a date-stamped receipt from the bank, and Cochran could watch the rents get paid remotely from any where in the world. These are just a few of the detailed tips she shares with the New Investor buying a Mobile Home Park or RV Trailer Park for the first time. Step by step instructions walk the investor through the 25-Chapter process of researching, securing, and managing a profitable Mobile Home Park or RV Trailer Park investment. Cochran believes a park investment is the best spent money in any economy, providing passive, life-long income while protecting the initial investment dollars of the investor while the park appreciates in value, and the income increases via rent raises and possibly pass-through utility billings. Most often, investors only need ONE park. The secret is to finding the best park that fits the financial needs and goals of that investor. Mobile Home Parks are a lucrative investment, largely unique to the United States, which is why parks are now attracting investors from around the world. For more information about specific parks for sale, or for access to the forms written by Laura Cochran and now used by investors buying and managing their park investment, please visit: www.MobileHomeParkInfo.com
