Mobile Home Park Business
The beauty of mobile home park business rentals is the low maintenance features it has compared to a regular home rental. It practically is self sufficient. If developing passive income by offering rentals with minimal maintenance attracts you, then starting a mobile home park might be the right business for you.
Read this mobile home park business guideline and learn more how you can participate.
Here a few guidelines how to start your own mobile home park business.
Home park business plan
Study your business venture. Have a SWOT (Strengths Weakness Opportunities Threats) analysis done. One of the best features a business of this type offers is its low tenant turnover. This is primarily because of the low supply of home park lots available against a high demand market. Determine which part of the home park business you want to participate in. Do you want to focus on moving lots to tenants like buying lots and having them rented? Do you want to focus on the services like providing water or trash collecting? Do you want to focus on the beautification of the general home park area? Or do you want to play a role as a middleman where you scout for potential home park clients for an existing home park and make money based on commission?
Register for a business name
Write down a list of possible business names for your mobile home park business. Search the web for these names one by one and find out which name is not in use. Quickly reserve this business name and fill up the necessary e-documents.
Get a mobile home park business license
Apply for a license. Consult with a business lawyer to determine what supporting papers are needed to process the application for a license. Visit the city clerk’s office and determine the corresponding fees that need to be settled.
Arranging finance for your mobile home park business
Your startup cost for a mobile park home business will depend on which area of it you want to focus on. If you are into buying lots, you would need a substantial amount of money to invest. This means a big bank loan. However if you choose to be like a middleman, you’re overhead is close to nothing.
Scout for a location
Set a time to meet with a real estate broker. Ask for a list of lots that has potential to be converted and developed into a mobile home park. Ask the broker to accompany you. Survey each area together and choose the best one that fits your business vision as well as your budget. Also try searching the web for online for existing mobile park businesses. Search for lots on sale. Look for opportunities to buy these lots from these owners for a reasonable price. You might actually find existing mobile park businesses for sale. Get a quotation and compare the prices. Determine if it’s cheaper to start one from ground up or if it’s better to just buy into an existing one.
62 Comments
- I am interested to start a mobile home park business in Menefee, California, Riverside Country
- We have a 25 acres free and clear land in San Bernardino Country around Phelan. I want to explore how we can start a mobile home park out here. We have a mobile phone which is our property, and we want to explore starting a mobile home park out here. Thank you. Peter
- I am interested in starting a mobile home park business in Thomas County of Thomasville, Georgia.
- I am looking forward to open a mobile home park business in Tuscaloosa, AL. Thanks
- how do i start a mobile home park business in Magnolia, Tx
- I have 5.18 acres and want to develop a mobile home park. I have been researching rules and regulations but still have a lot to learn.
- I have about an acre of land in sw VA and would lease to develop a mobile home park could use some advice. Thanks.
- Charlotte / Lake Norman / Iredell Mecklenburg county ... I have investors and just need a good source of information so I seem to know what I am doing when I ask them for money? Thanks
- I have 3 acre land that I want to put mobile homes and rent them out. How do I start? Thanks
- I have a zone C2 vacant land in Oakland next to Bart station, its 12,000 sq ft. Do you think I can use it for mobile home park, how many can I put in? address 845 75th Ave Oakland CA 94621. Thanks
- We have a large oil boom going on in this part of TX. I have just under 4 acres to work with. I would like to see about a trailer park. Thanks
- Please forward this article to me so I may in turn forward it to my partner; we have land that we think would make an excellent mobile home park.
- I am negotiating a thirteen tract with small water view canal to a lake in Texas. I want a business plan, info to build a park, city water and sewage, use OPM, in today' market and avoid caveats.
- My brother and I own a 13 acre tract of land in East TX. I want to find out what I would need to do in order to develop the land into a small mobile home community. It is near a small lake and on a major highway. I believe it would be a great business for my family. We are military and looking for investment income without major hands on involvement. I am mostly interested in the lot rental side of the business, but I need to know what I need to do to the land in order for it to be rental ready.
- I am wanting more information on pros/cons of building a mobile home park. The park location is Uhland Texas.
- I have fifteen flat acres one hour from Dallas Texas, city water and sewage. Cost to develop? Before I do due diligence first arm chair stuff: well, I have drawn out the space for 63 trailers and RV's. Got to do bulldozing so rain will drain off, put in about two acres of road, water and sewage lines, electricity, phones, cable, etc. The etc. Is not like the etc. 2,4,6, etc.. It means all the other stuff I cannot think of right now. So, between this and that what is it going to cost me?? Reg Soule
- I own 16 acres in a rural area near a new middle school in Stem, North Carolina. Would like to build a Trailer Home.
- I've been gathering info from a local Real Estate Investing club on what it takes to develop a small mobile home park. Experienced investors say you can put from 8-10 homes per acre. I'm trying to find info on connecting to city sewer/water and the cost to put in a road and develop each pad site. I have a 3 acre site and hope to develop it to have 20 mobile homes and then fill the rest with RV pads. I will have electric/gas and water meters installed on each site. Will let you know costs as I uncover them. Trying to locate an architect to do the site design plan now.
- I have 3 lots in KingsLand Tx. I would like to rent them as mobile home lot. Would this be a good idea? what is your advice on this? Thank You
- I would like to start one in magnolia Mississippi. But would like to cater to people on section 8.
- I would like to start a mobile home park. But I need to know the legal side of it and the cost. I'm interested in having about 20 to 30 mobile homes and then the rest in RV pads or just pads for Mobile Homes to rent. I would hace electric/gas and water. Would like for it to be onear a lake thou. Need an Architect to do the site design and plan. This has been as on going plan of my for so many years, and after researching other businesses, I still return to the Mobile Home Park.
- I would like to know the best layout for a mobile home park, Would like an inviting entry, with lots of greenery. Who is the best designer for the park in the area of South west Bakersfield, CA.
- I have an acre, and would like to make it into a mobile park. how many mobiles can i have in an acre.
- I have 10 acres of land in Southern New Mexico that I would like to develop into a mobile home park.
- Troup, Texas in the Black Jack Community. My family has land in this Community and I would like to get information on the zoning, permits, and licensing needed in order to get started on creating this commercial property for affordable housing. I want to start an RV/mobile home park on our vacant land renting/leasing our lots...I would like to also get information on utitilites in that area as well.(water, electric, gas, & sewage)I am interested in Lot Rental Income, Retail Mobile home sales, Mobile Home Financing, and equity build-up.....
- I am interested in starting a Mobile Home Park in Calhoun County, AL. I need information on zoning laws, fees and any other pertinent information.
- have 26 acres--would like to start mobile home park--have water and electricity there.--need info on hook-ups-licensing---sewage--etc.---lake twakoni area--s.hunt co east tx.
- I AM INTERESTED IN PURCHASING A PIECE OF PROPERTY FOR THE PURPOSE OF PLACING TRAILOR HOMES ON IT. THE PROPERTY HAS COMMERCIAL ZONING AND ALREADY HAS EXISTING HOMES ON IT, BUT IS VACANT. I SEE THAT A BUSINESS LICENSE IS REQUIRED. I PLAN ON BUYING THE LAND OUTRIGHT AND BUILDING THE PROPERTY FROM THE GROUND UP. IT HAS SOME ELECTRICAL, WATER AND SEPTIC TANK HOOK UP. PROBABLY NOT ENOUGH FOR MY PURPOSE. IS THERE SOME CONTRACTOR THAT SPECIALIZES IN SETTING UP THE PROPERTY TO ACCOMMODATE THESE CONVENIENCES? OR ARE THEY NORMALLY HANDLED BY THEIR PERSPECTIVE UTILITY DEPARTMENTS. I AM LOCATED IN TAMPA FLORIDA IN ZIP CODE AREA 33615. WHAT TYPE COST CAN I EXPECT TO PROCEED WITH THIS VENTURE? THANKS R. LLOYD
- yes i have 3 acres of farm land that i want to turn into a trailer park how do i start. in jamesville ny 13078
- Need information on starting a mobile home park ; ALL THE STEPS AND RULERS ON DEVELOPING A PARK SITE IN N.J. REQUIRED AMOUNT UNIT ON 1 ACRE AND COMMON ORDINANCES TO WATCH OUT FOR .
- I am wanting to purchase a large lot 7-10 + acres for a mobile home community in Hammond, Louisiana. What are the requirements for licenses an permits? Also what type of loan will I need to get?
- I am planning to buy a piece of land to start a mobile home park. Can provide me with information on how to develop the site. I am located in the South of Texas. What are the licenses and permits needed to develop it?
- I have 5 acres in Deming, New México that I would like to make it into a mobile home park. But I need to know the legal side of it and the cost, I'm going to start cleaning the bushes and see what is the cost.
- I have property in Tattnall County, Georgia. I am interested in a mobile home lot rentals with water, sewer and electrical hook ups. I would like to know what is involved in acquiring the right permits for this county. Also who can help with planning and putting together. Thanks
- I have several acres of land in Snyder Tx, and want to set up a RV park. what steps should be taking first? can i set the location were i choose?
- I have 3 plus acres on my propert that I would like to use for a mobile home park. How do I start? Thanks. The property is located in Harris County, Texas, USA. Zip code 77377.
- I am trying to start a RV Trailer park in Roscoe TX. What license and permits do I need to get and how do I get them?
- My husband and I are wanting to start a small mobile home park. Where do we look for used mobile homes to start?. We are in Madill Oklahoma.
- Hey man. I have 9 acres in Sunflower Al. I already rent space on the property to a lady that owns her own trailer. I would like to expand to acquire more patrons. Would it be best to buy some mobile homes and rent them to individuals or rent space to people who have their own trailer ?
- I'm Shane, I'm in Alberta Canada. I would like to communicate with people who are interested in an innovative trailer park with a design which incorporates lots of low cost amenities and houses as well as taking into account sustainability into the design. Basically Homes that are self sufficient and create as much energy as they use for Under $100,000 a unit or Under $60,000 without the energy package. I got the homes already to go as well as the designs and energy packages. I would be willing to work world wide www dot uorcan dot com
- I am looking for someone who is an expert in the management of mobile home parks to help with some consulting work. Please let me know if anyone has any recommendations. Thanks
- I would like to start a mobile park in 20 acres I have in Laredo Texas what do I need?
- I want to start a mobile home park in 6 acres. How many mobile homes can put in it? I also need to know outside city limits, do I have the same permits or same rules apply to me? Also if someone that already has a mobile home park experience that can advice me and help with through this. Thank you
- we sell and set up manufactured and modular homes if anyone is interested in starting a park in Bakersfield ca or surrounding area we have been in business for 25 years know everything about it. you can contact me a 661-323-3661
- I just inherited a trailer park that has been rundown for some years now in North Carolina. It's in a real good location but it's uninhabitable and I'm in desperate need of financing to turn this park around. Any suggestions to where I can get a loan with decent interests rates?
- How much property/acreage required to accommodate twenty mobile homes with septic tanks in escambia county. pensacola, florida 32504???
- I have a 3 acre place with no utilities yet, but i would like to turn in into a mobile home park in Colorado County in Texas I could use some advice as how to start.
- need information on starting a mobile home park; the steps and rulers on developing park site...
- need information on developing a mobile home park in NJ
- Please how can i invest in a Mobile Home Park business. I have the sum of $700,000,00 to invest. kemalmomoh11@gmail.com. Please only serious inquiries.
- My wife and I recently purchased 5 acres of land and we're planning on starting a mobile home park. How do we go about getting everything started in terms of pricing, and rules and regulations? We also have the means to purchase several mobile homes at a fair price. Do the homes have to be a certain year or newer or does it matter?
- i am interested in starting a mobile home park. i own land and can get it developed but i have a lot of questions.
- STATESBORO,GA 30458 I WANT STARTING A MOBILE HOME PARK AND LANDS 20 ACRES
- I am interested in purchasing land in clear water south Carolina. I have lots of questions. Land, lots, taxes, laws on the land and what it takes to get the land ready for the trailers.the different codes.The license how much it costs. 706-513-6566
- I am interested to start a business mobile home park in charlotte nc
- I have 3 acres in escambia county Florida. What are the rules here for mobile homes and campers?
- I am interested in developing a mobile home park. I have found 5 acres that is unrestricted. Does this mean I can start a mobile home park? Where do you suggest I go for the start up info? I'm needing info on taxes, license, permits etc. I already have a company established that I can operate under.The location would be north of Houston, Texas.
- How many mobile home pad sites will fit on a 10-acre tract of land? The property is in Brazoria County, Texas. The land is a rectangle.
- Boyce Louisiana. I have three acres in the country. How many trailer lots can I fit on this property? What are the requirements for owning a trailer park? What are the cons of jumping into this business? Thank you
- I have a 3 acre Parcel that's not in use at the back of my existing property, I like to start a Mobile home Park Business in south Stockton, ca. what do I need to do?
- Hey I have 1.5 acre I'm interested in starting a mobile home park......how can begin this journey in developing my own park
- Hello, Is there a profit/maintenance incentive to turn a mobile home park into a seniors-only mobile home park?
Comment
Categories
- Franchise Opportunities
- Wholesale Business Opportunities
- Small Manufacturing Business
- Farming Business Ideas
- Unique Business Opportunities
- Shop Business Ideas
- Small Business Opportunities
- Startup Company Ideas
- Home Based Business Opportunity
- Rural Business Opportunities
- Tips for Buying and Selling
- Starting Rental Business
- Ideas for Small Business
- Free Business Ideas
- Internet Business Ideas
- Store Business Opportunities
- Entrepreneur Business Idea
- Retail Store Ideas
- Service Business Ideas
- Advice for Small Business
- Financing a Small Business
- Restaurant Business Opportunities
- Small Business Articles
- Business Marketing and Advertising
- Repair Business Opportunity
- Professional Career Opportunities
- Business Insurance Information
- Instructor Guides
Popular Articles
- How to Start Mobile Catering
- How to Start Your Own Charter Fishing Business
- How to Start a Mobile Spa Business
- How to Start Mobile Notary Business
- Mobile Detailing Business Startup Kit
- How Do I Start Pilot Car Business?
- How to Start Mobile Billboard Advertising Business
- How to Start a Mobile Donut Shop
- How to Start a Mobile Phlebotomy Business
- Street Vendor Business Pros and Cons
