How Do You Buy A Mobile Home Park In Redding, CA?

When you want to buy a mobile home park, you have to consider the following: price per space, monthly rents for the space, opportunity for growth, management issues, if any, and overall value or return on the investment. Find the best property for your price range, and location. Be sure and look for the right location for you to manage, as needed. When you ask for information, be sure and get info on the area, location, zoning, etc. Get all of the information on the Park that you can get from the broker, or owner, or both. Start your evaluation process to be sure that this is what you have in mind for a multi-family investment. Evaluate the information based on your financial information, investment goals, etc. It is always a good idea to review the information with your financial advisor, such as your CPA, etc. Do not get in over your head.  more