MHP 101 Quick Reference Guide
An easy to use foundational guide of mobile home parks. This guide is a quick reference to teach you the ins and outs of what makes up a mobile home park including: the types of mobile home parks, the classes of mobile home parks, TOH (tenant owned home) MHPs vs POH (park owned home) MHPs, the important infrastructure component of MHPs, and other key factors to consider when analyzing a MHP.
Due Diligence Checklist
The Due Diligence checklist that we’ve used on our MHP acquisitions to avoid costly pitfalls and mitigate risk.
Personal Financial Statement Template
A Personal Financial Statement (PFS) is where you list your assets and your liabilities to determine your net worth and provide an overview of your financial position. Assets (excluding primary home value) minus Liabilities = Net Worth. This is one part of how the banks judge you and approve or deny your loan.
Credibility Packet Guide
We’ll share the template we built to create a little bit of a brag book for yourself, think of it as your resume with your personal and business accomplishments. Why should sellers work with you? Why should banks or private money lenders lend to you? This will help you gain credibility and save you time from answering all these questions to multiple parties by having this professional reference template ready to go.
Change of Ownership Packet
Change of Ownership Packet – This packet is jam packed with templates we currently use for takeover and operations of our MHPs. We will include our:
- Change of Ownership Template
- Rent Increase Template
- Value Add for Residents breakdown: will help you more easily implement a lump sum rent increase while receiving less pushback from your future residents
- Market Analysis synopsis for FMR (fair market rent) comparisons, helps residents visually see necessity and fairness of lump sum rent increase
- TOH (Tenant Owned Home) Lease paperwork template
- POH (Park Owned Home) Lease paperwork template
- MHP Rules and Regulations Template
- Other Important Notices
MHP Freedom Formula System (Full Deep Dive Course)
Our complete MHP Freedom Formula System will give you a deeper dive, comprehensive learning experience, to guide you through everything you need to know about MHP investing.Â
We will provide you with the mindset, tools, and framework necessary to take you from wherever you’re at now to wherever you want to go, Your DreamLife! This system will help guide you to design your business around your DreamLife, instead of your life being designed around your business. Once the DreamLife Design is completed, you’ll be prepared to dive right into the proven MHP investment and ownership principles and strategies.
We will open the curtains and share the behind the scenes and in-depth processes of how we went from 0 units to 1400+ units and became one of the top 100 largest MHP Owners in the country in our first 5 years of business (while doing this part time for a few years)!
We will cover everything you need to know to GET RESULTS by breaking the complexities involved down to simple and easy to understand training modules. We will cover the complete overview of MHP 101, how to find deals, evaluate deals, structure and negotiate deals, perform due diligence and mitigate risk, get approved for financing, and how to fund your Dream Deal using OPM (Other People’s Money).
We’ll also do a deep dive into the post acquisition necessities of takeover and operations and infill strategies to continue to build your cash flow and wealth. We will share comprehensive start to finish exclusive case studies of some of our actual MHP acquisitions to recap and really cement all that we shared. We will guide you through the steps and processes necessary to reposition the deal and capture the equity you’ve built. And we will show you how to keep more of the money you make through key tax strategies you can use that are applicable to MHP investing and can save you millions.
In summary
This step by system is something we wish we had when getting started and knowing what we know now, we would have paid so many times more for it! As it is designed to help reduce the amount of time and effort invested and lessen the sacrifices and costly mistakes suffered; and instead increase your likelihood of success and speed up the time to reach your desired outcome, your DreamLife!!
Money Back Guarantee
If we don't provide you more value than what you invested, we will give you your money back. Conditions = Prove completion/consumption of content and reach out to us.
