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how profitable is owning a trailer park?

Posted on 12/4/17 at 12:31 am
Posted by TigersHuskers
Nebraska
Member since Oct 2014
15523 posts
Posted on 12/4/17 at 12:31 am
figured if I play my cards right its a pretty good get rich quick thing. Ill even include a bar in the center for all the stupid poors to spend their money.
Posted by TigersSEC2010
Warren, Michigan
Member since Jan 2010
38535 posts
Posted on 12/4/17 at 12:35 am to
Just make it to where you milk the deadbeats of all their dollars and you'll make bank. Preying on retards is an easy business model. Sell cigs and beer and you're golden.
Posted by CoastTrashTiger
Baton Rouge
Member since May 2015
1966 posts
Posted on 12/4/17 at 12:37 am to
Watch Trailer Park Boys on netflix especially Seasons 2-5, if you jump to the stuff in the latest seasons too fast you could wind up killing yourself or in jail for 10-25.

So take it slow get yourself a reliable Jim Lahey (RIP ) and then profit.
Posted by CroakaBait
Gulf Coast of the Land Mass
Member since Nov 2013
4098 posts
Posted on 12/4/17 at 12:47 am to
There’s a trailer park a few miles from me where the entrance is flanked on both sides by two mini-mall buildings that house a tattoo parlor, a convenience store, a bar, a liquor store, a hair salon and a tanning salon.
White trash Disneyland.
Posted by TigersHuskers
Nebraska
Member since Oct 2014
15523 posts
Posted on 12/4/17 at 12:48 am to
love that show
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 12/4/17 at 12:51 am to

I know a guy who owns one. He's rolling in dough...
Posted by reverendotis
the jawbone of an arse
Member since Nov 2007
4988 posts
Posted on 12/4/17 at 12:59 am to
An acquaintance found rural land for sale in a long, thin strip and developed a trailer park.

One long straight shot for the road and all of the utilities made it pretty cheap to build. One half has the spots oriented long ways for people who want a bigger yard and will pay more for it, the other side is short ways and less expensive.

He is a friendly guy but a tyrant when it comes to upkeep. Grass longer than 6" gets cut and the cost added to the lot rent. Skirting intact or he has a handyman come fix it and bills the tenant for it. All agreed to in writing beforehand.

Based on our conversation, he claims around $10,000 per month profit and doesn't have any of the headaches of the usual upkeep of rental property.
Posted by weadjust
Member since Aug 2012
15818 posts
Posted on 12/4/17 at 1:03 am to
60 Minutes did a segment a week or two ago on corp trailer park owners. They were making bank. They didn't want to own any trailers just the lots and collect lot rent.
Posted by KillTheGophers
Member since Jan 2016
6814 posts
Posted on 12/4/17 at 1:03 am to
Sell the lots to mobile home owners

Profit and don’t deal with the daily headaches
Posted by BowDownToLSU
Livingston louisiana
Member since Feb 2010
21874 posts
Posted on 12/4/17 at 5:29 am to
My SIL owns three parks, the biggest has around 200 trailers and she owns them( brought all used ) she makes good money and has had them for years. She has a maintenance crew that lives in one of the trailers
Posted by tigerinthebueche
Member since Oct 2010
38241 posts
Posted on 12/4/17 at 5:53 am to
quote:

a tyrant when it comes to upkeep. Grass longer than 6" gets cut and the cost added to the lot rent.


If wanting the grass cut when it’s over 6 inches long makes him a tyrant, I must be Ghengis Khan. 6” tall grass is trashy AF unless it’s in a pasture.

Only makes good sense to put rules in place. Trailer parks get disgusting quick if you don’t enforce some upkeep reqs. Two people I know that own them are making bank.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79881 posts
Posted on 12/4/17 at 5:53 am to
You could just trade hand jibbers for rent.

All profit there.
This post was edited on 12/4/17 at 5:54 am
Posted by Tempratt
Member since Oct 2013
15339 posts
Posted on 12/4/17 at 6:14 am to
Here are some tips.
Sell beer and pimp sticks in a little on site store.
Ban all foreign cars from parking in the lot; you don't want to alienate your customers.
Ban nice domestic cars. Only allow Chevrolet, Pontiac and he occasional Ford.
Never, ever use proper grammar, EVER.

You'd better learn how to say "Heee Hawwww" properly.
Posted by shinerfan
Duckworld(Earth-616)
Member since Sep 2009
28943 posts
Posted on 12/4/17 at 6:15 am to
It's reliable income but unless you're planning on paying someone to manage it for you expect to be called out by the police at all hours to mediate domestic disputes and establish who's on the lease. You can't do it over the phone because half the girls in the trailer park are going to be named Amber and all of the girls in the trailer park are going to have IDs under different last names than the one on the lease.
This post was edited on 12/4/17 at 6:39 am
Posted by Martini
Near Athens
Member since Mar 2005
49697 posts
Posted on 12/4/17 at 6:19 am to
Good luck chasing that $300 dollars a month per.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
68609 posts
Posted on 12/4/17 at 6:24 am to
quote:

its a pretty good get rich quick thing

Quick? No
Profitable? Yes
Posted by CHEDBALLZ
South Central LA
Member since Dec 2009
23355 posts
Posted on 12/4/17 at 6:29 am to
One of my wifes former bosses was considering selling his house and property a strip about 150' wide and 1 1/2 miles deep. I wanted to buy it, live in the house, subdivide the first 1/4 mile or so for trailer rental lots and lease the back portion to a cattle farmer. He decided not to sell.

They definitley make money. You have be very stern on your rules and only let the less trashy of trashy people in. Make sure that the trailer are new models with skirting and things like that.
Posted by TheFonz
Somewhere in Louisiana
Member since Jul 2016
23564 posts
Posted on 12/4/17 at 6:37 am to
You'll get to become friends with the po po and probation officers and get to learn all about meth labs.
Posted by baldona
Florida
Member since Feb 2016
24485 posts
Posted on 12/4/17 at 7:00 am to
quote:

You'll get to become friends with the po po and probation officers and get to learn all about meth labs.


This is where you own within 1 mile of a school, no sexual predators allowed.

But I've heard sexual predators are great tenants, they aren't allowed to F around or they go back to the slammer right quick plus they have someone check on them regularly.

Eta: people talk about just renting the lot, but thats not where the money is imo. You buy trailers and sell them to the 'tenants' on your lots. It costs like $5000 to move a trailer so they aren't moving it. Lot rents are only like $150-250/ month. No ones getting rich off that without headaches. The big money is selling the trailers in a revolving circle as most eventually can't afford it and have to be evicted or sell it back to you fairly quickly.
This post was edited on 12/4/17 at 7:04 am
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
39270 posts
Posted on 12/4/17 at 7:12 am to
My family made some good money in the trailers that people left behind. They were usually in good shape and very easy to sell
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