This course will provide participants with in-depth knowledge of investing in mobile home parks, covering everything from understanding the industry to finding, acquiring, and managing mobile home parks for optimal returns. The course will provide practical tools and real-world examples for successful mobile home park investments.
 
Module 1: Introduction to Mobile Home Park Investments
Objective:
To introduce the mobile home park industry and explain why it is a profitable investment strategy.
Topics Covered:
What is a Mobile Home Park (MHP)?
The History of Mobile Homes and Mobile Home Parks
Key Benefits of Investing in MHPs
Cash Flow Potential
Low Maintenance Costs
High Return on Investment (ROI)
The State of the Mobile Home Park Market in 2025
Understanding the Mobile Home Park Investor's Perspective
 
Module 2: Understanding Mobile Home Park Valuation
Objective:
To understand the key factors that determine the value of a mobile home park and how to evaluate it for investment.
Topics Covered:
How to Value Mobile Home Parks: Cap Rate and Income Approach
Key Metrics for Valuation: Gross Rent Multiplier (GRM), Net Operating Income (NOI), and Capitalization Rate
Evaluating Rent Rolls and Occupancy Rates
Assessing Land Value vs. Park-Owned Homes
Common Pitfalls to Avoid in Valuation
 
Module 3: Finding Profitable Mobile Home Parks
Objective:
To provide strategies for locating and identifying profitable mobile home park investment opportunities.
Topics Covered:
How to Find Mobile Home Parks for Sale
Working with Brokers and Real Estate Agents
Online Listings and Auctions
Networking with Industry Insiders
Evaluating a Location: Market Research and Site Analysis
Types of Mobile Home Parks to Consider: Developed vs. Vacant Land
Due Diligence: How to Conduct Thorough Research
Zoning and Regulatory Issues
Environmental Considerations
 
Module 4: Financing Your Mobile Home Park Investment
Objective:
To explain the different financing options available for purchasing mobile home parks.
Topics Covered:
Traditional Financing vs. Alternative Financing Options
Conventional Bank Loans
SBA Loans
Owner Financing
Seller Financing
Understanding the Lender's Perspective: What Do They Look For?
Securing Private and Hard Money Loans
The Role of Investors and Partnerships
Financial Forecasting and Preparing for the Loan Process
 
Module 5: Managing and Operating a Mobile Home Park
Objective:
To provide best practices for the day-to-day operations of a mobile home park, from tenant management to maintaining park facilities.
Topics Covered:
Essential Management Practices for Mobile Home Parks
Rent Collection and Lease Agreements
Screening Tenants
Maintenance and Repairs
Hiring a Property Manager vs. Managing Yourself
Addressing Common Legal Issues: Evictions, Disputes, and Fair Housing
Cost Control: Managing Utility Bills, Groundskeeping, and Repairs
 
Module 6: Mobile Home Park Regulations and Legal Considerations
Objective:
To understand the legal aspects of owning and managing mobile home parks, including local, state, and federal regulations.
Topics Covered:
Local Zoning and Building Codes for Mobile Home Parks
Understanding Fair Housing Laws and Their Impact on Mobile Home Parks
Mobile Home Park Rent Control Laws
Eviction Procedures and Legal Considerations
Environmental Regulations for Mobile Home Parks
Insurance Requirements for Mobile Home Parks
 
Module 7: Increasing Value and Maximizing Profits
Objective:
To learn strategies for improving mobile home park profitability through value-add initiatives.
Topics Covered:
Increasing Rents: When and How to Raise Rents Effectively
Adding Park-Owned Homes vs. Tenant-Owned Homes
Expanding the Park: Adding Spaces or Infrastructure Upgrades
Boosting Occupancy: Marketing Strategies and Tenant Retention
Cost-Cutting Measures and Operational Efficiencies
Exit Strategies: Selling or Refinancing Your Mobile Home Park
 
Module 8: Case Studies and Real-Life Examples
Objective:
To provide real-world case studies and examples of successful mobile home park investments.
Topics Covered:
Real-Life Examples of Successful Mobile Home Park Investments
Lessons Learned from Failed Investments
Analyzing the Pros and Cons of Various Strategies
Developing Your Own Investment Plan
Common Mistakes and How to Avoid Them