Do We Provide Consulting Services?

We will provide consulting services if your needs are related to buying or selling a MHP.  If you are a buyer or seller, here’s how we might be able to help.

  • Draft, review or negotiate a purchase agreement
  • Define, review or conduct a due diligence effort to evaluate a MHP from a financial, physical or environmental perspective
  • Hire and assist the appropriate professionals with on site inspections including the evaluation of private utilities
  • Meet, interview and evaluate maintenance & management staff and vendors
  • Meet with a homeowner or homeowner’s group
  • Prepare underwriting for the sale of a MHP
  • Help define a sales plan including selection of a broker, marketing strategy, pricing strategy, etc…
  • Contact and meet with potential lenders to secure financing for the park

My hourly rate is $100 + expenses or fixed fee for completing a specific task and deliverable.  If you need consulting or property management services related to operational issues, I can provide you a list of people for consideration.

Posted in Buyers, Management & Services, Sellers | Tagged , , , , | Leave a comment

Park Rules and Regulations!

The current Rules and Regulation of the community apply to and will be enforced equally with all homeowners, tenants and guests.  We typically distribute a copy of the rules to each homeowner at the beginning of the year and encourage you to read them “cover to cover.”  If you have questions and/or would like a copy of the current rules, please call or email the on-site manager (contact information.)

Posted in Homeowner | Tagged , , , , | Leave a comment

$ Referral Program!

How would you like to earn $100, $300 or $500?  Yes, we pay referral fees to current homeowners who refer someone to us who makes a decision to live in one of our communities.  Here’s what we will pay you if any one of the following occurs:

  • Moves an RV into one of our RV spaces and signs a 2 months lease ($100)
  • Buys a park owned home and signs a 12 months lease ($300)
  • Moves a mobile home into the park and signs a 12 months lease ($500)

To qualify, you just need to provide the name and contact information to the on-site manager before the prospective homeowner makes contact with us.  We’ll send you a check for the referral fee within 10 (2 month lease) or 45 (12 month lease) days of occupancy.  Trust me, we love to pay referral fees!    If you have questions, talk with the manager for the details!

Posted in Homeowner | Tagged , , , , | Leave a comment

On-Site Manager Contact Information

Please find below the current contact information for the on-site managers in each of our communities:

Mason Thompson
Dunrovin Village
395 Stanley Road #3
West Point, CA  95255
Tel: (209) 293-7252
Email: Mason Thompson
 
Ty & Lisa Ferrell
Perks Estates
4265 Lakeshore Blvd #26
Lakeport, CA  95453
Tel: (707) 245-4482
Email: Ty & Lisa Ferrell
 
Caryn Brown
Black Butte MHP
6386 County Road 200 #31
Orland CA 95963
Tel: (530) 865-4317
Email: Caryn Brown
 
Roy Wales
Lockeford MHP
19142 N. Jack Tone Road #24
Lockeford, CA  95237
Tel: (209) 727-5862
Email: Roy Wales
 
Pam Cappello
Bend MH & RV Park
21795 Bend Ferry Road
Red Bluff, CA  96080
Tel: (530) 527-6289
Email: Pam Cappello
 
Scott Tobler
Sidney Mobile Plaza
Tel: (308) 254-2877
Email: Scott Tobler
 

If the manager is not able to assist you for any reason, please contact the off-site manager, John Vashon, (925) 640-7121 or John Vashon.

 

 

Posted in Homeowner | Tagged , , , , | Leave a comment

How Do We Choose Buyers For Our Parks?

Just like sellers choose us, we choose buyers very carefully.  Why?  Because we want a hassle free transaction with a buyer who has the experience and resources to close and become a successful park owner.  What do we look for in a buyer, what are our buyer criteria?

  • A buyer who is sold on MHPs as an asset class they want to invest in and operate
  • Previous real estate experience, likely owned and managed a single family home, small apartment building, etc…
  • Has the means to complete the transaction including the down payment and good credit
  • A buyer who will work with us to time the close to align with our goal of finding a replacement property and completing a successful 1031 exchange
  • A risk averse buyer who values access to the property and the depth of information we will provide during the due diligence process
  • A buyer who wants property management support and assistance for the first 90 days, post sale

We hope our buyers return again in the future to purchase another park from us.  It’s an overused cliche’ but I’ll write it anyway, we work hard to ensure the deal is a true “win-win” transaction.  If you are interested in working with sellers like us and buying one of our parks, please review our Buying Process and give us a call!

 

Posted in Buyers | Tagged , , , , | Leave a comment

Why Buy A MHP From Us?

Whatever park you buy needs to be well aligned with your financial goals and buying criteria.   If our park is a strong candidate, there are several good reasons why buying from us is to your advantage, especially for the first time buyer.  Let me explain.

  • We give you complete access to the property, the books, the managers, everything you want to see or know about.
  • We will give you a long lead time before closing so you can evaluate, watch and get to know the property well in advance of making a purchase decision.
  • If you want to use a broker or attorney to help complete the transaction, at your cost, that is just fine with us.
  • We have a good due diligence checklist that you can use to evaluate the property (the more you know, the better!)
  • We have a deep pool of lenders, inspectors and vendors which you are more than welcome to leverage.
  • We can continue to manage the property  for a period of time after the close to help ensure a smooth transition.
  • We think our approach to doing business and our values differentiate us from other deals you may be considering.

At the end of the day, we want both parties to walk away feeling the both came out ahead, what’s often called a “win-win” transaction.  It’s our hope that perhaps you’ll buy another park from us in the future.  To learn more, check out our buying process!

 

 

 

Posted in Buyers | Tagged , , , , | Leave a comment

Values, What’s Important To Us?

I hesitate to make statements about values because in the end, it’s all about actions, words are cheap.  However, given the need to build trust with prospective buyers and sellers within a relatively short period of time, here goes!

  • Transparency – Simply put, the more we share and earlier in the process the better.  This allows either party to “exit” early and goes a long way toward ensuring that once the deal is done, all parties feel they’ve won!
  • Keep Commitments – I’m maniacal about keeping commitments.  From being on time for a meeting to delivering documents when and where as promised, I do what I say I’m going to do.  If something changes, I’ll de-commit and leave of time for the other party keep their commitments.
  • Make Decisions   I make decisions and take action.  There are times where both parties can agree to slow things down, that’s fine.  We should never “hide out” or stall to gain a (theoretical) advantage.
  • Win-Win –  I love repeat business!  The single most important key to “going again” is that both parties feel they gained once the deal is done, it’s a true win-win transaction!
  • Accountability – If people don’t keep their end of the bargain I let ’em know.  Either party can and should challenge the other to “step-up” and keep their commitments!

I want to do business with people whose values are aligned with my own, especially at my age.  If I sound like the kind of person you’d like to do business with, please give me a call!

Posted in Buyers, Management & Services, Sellers | Tagged , , , , | Leave a comment

Save $10K’s in Real Estate Commission?

Can a seller really save $10K’s in real estate commission without using a broker?  Yes, absolutely!  Billions of dollars of real estate are transacted each year in our country without brokers.  It probably works best with experienced buyers and sellers, who share similar values  and where the terms of the deal are important and aligned (it’s not all about price.)  Here are a few scenarios for your consideration:

  1. Buyer and seller are introduced, they get to know one another and in the process, come to a “meeting of the minds” on price, terms and close a deal.  Commission paid, $0.
  2. Same scenario as #1 above, but the buyer brings in a broker to help complete the transaction.  Commission paid, $0.
  3. Same scenario as #1 but the seller brings in a broker to help close the deal. Commission paid, negotiable.
  4. Seller signs a listing agreement, excluding John Vashon and we later complete a deal.  Commission paid, $0, or perhaps similar to scenario #3, per the terms of the listing agreement.

In each of these scenarios above the seller saves a $10K’s in real estate commissions.  The key to success here is that you call me before signing a listing agreement with a broker!

Posted in Sellers | Tagged , , , , | Leave a comment

Are We A Broker in Disguise?

Am I really just a broker in disguise, trolling the internet and sending out cards and letters looking for listings?   No, absolutely not and let me explain why!

We are looking for properties to purchase for ourselves, for our own family portfolio.  We don’t represent other buyers or sellers for compensation of any kind including commission, referral fees, finders fees, favors, etc…  In addition, any and all information you provide will be held in confidence and will never be discussed  or shared with without your prior approval.

I am a licensed broker in the State of California and will represent myself in all buy or sell transactions.  This is to the benefit of a buyer or seller working with us – we will be held to a higher standard than a non-licensed party by the legal system.

 

Posted in Buyers, Sellers | Tagged , , , , | Leave a comment

Confidentialty

Confidentiality is very important to us.  Every report, piece of data, comment or conversation you share with us will remain 100% confidential.  We will not engage with a broker, lender, vendor, tenant, on-site manager or anyone else or share any information with them about our business dealings.

If and when a time comes when some information must be shared to gain a financing pre-approval, title report, inspection or anything else essential to us doing business together, we will always ask your permission.  In return, we ask that any information we share with you and all conversations are treated are considered confidential.

If at any point in the process of working with us you’d like to sign a mutual confidentiality agreement, please just ask.

Posted in Buyers, Management & Services, Sellers | Tagged , , , , | Leave a comment