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Question about trailer parks
Posted on 7/2/21 at 12:18 pm
Posted on 7/2/21 at 12:18 pm
How many trailers need to be on a piece of property for the property to labeled a trailer park?
22
Posted on 7/2/21 at 12:18 pm to Armando
I am going to go with more than one.
Posted on 7/2/21 at 12:19 pm to Armando
Obligatory 3.50
Posted on 7/2/21 at 12:19 pm to Armando
In Arkansas? 3 one for you, one for your sister, and one for your cousin.
Posted on 7/2/21 at 12:19 pm to Armando
When two or more Gumps are gathered in Bear's name, that property is technically a Trailer Park.
Posted on 7/2/21 at 12:20 pm to Armando
More than 2
Posted on 7/2/21 at 12:22 pm to Armando
quote:
Mobile home parks in the U.S. have become an attractive investment for large financial firms, such as Carlyle Group, Apollo Global Management and TPG Capital.[12][3][2] Over 100,000 US mobile home sites were estimated to be owned by large firms in 2019.[12] One firm, Stockbridge Capital Group, owner of about 200 mobile-home parks throughout the US "saw a return on investment of more than 30 percent between late 2016 and the end of 2017."[12] The company's expansion into this market was facilitated by $1.3 billion in financing from Fannie Mae, which has called mobile homes "inherently affordable."[12] Profitability for the firms owning the parks has in some cases been tied to rent increases, and has not necessarily translated into good maintenance of the mobile homes
quote:
A trailer park or caravan park is a temporary or permanent area for mobile homes and travel trailers. Advantages include low cost compared to other housing, and quick and easy moving to a new area (for example, when taking a job in a distant place while keeping the same home).
Trailer parks, especially in American culture, are stereotypically viewed as lower income housing for occupants living at or below the poverty line who have low social status.[1][2][3][4] Despite the advances in trailer home technology, the trailer park image survives as evoked by a statement from Presidential adviser James Carville who, in the course of one of the Bill Clinton White House political scandals, suggested "Drag $100 bills through trailer parks, there's no telling what you'll find," in reference to Paula Jones.[5]
Tornadoes and hurricanes often inflict serious damage on trailer parks, usually because the structures are not secured to the ground and their construction is significantly less able to withstand high wind forces than regular houses.[6][7] However, most modern manufactured homes are built to withstand high winds, using hurricane straps and proper foundations
Posted on 7/2/21 at 12:31 pm to Armando
It’s not a trailer park in my opinion unless it offers amenities like a pool.
Posted on 7/2/21 at 12:36 pm to Eightballjacket
For example if there is a dead end street with 3 or more trailers on it and the occupants are all related, is that a trailer park?
Does the property have to have a landlord who lives in a nice brick house at the front of the property and he/she manages the entire property, including the above the ground pool with wrap around deck.
Does the property have to have a landlord who lives in a nice brick house at the front of the property and he/she manages the entire property, including the above the ground pool with wrap around deck.
Posted on 7/2/21 at 1:03 pm to Armando
I thought about starting a trailer park.
I would buy all the mfg homes and own them.
This way I control the quality of the home on my lot.
I would restrict it to senior citizens.
I would have my office upfront with the laundry Mat. I would also make that a safe haven building during storms with a event room and workout room. Have a dog park and walking trail on the outer edge of my trailer park.
Then I would have it gated with concrete driveways and streets with street lights.
Nice street signs.
I would cut the grass and charge an extra fee for keeping up the grass around the mfg homes.
Have curve side garbage service where I own the cans and twice a week I pick up the cans to dump them.
My commercial cans would be stored on a separate entrance to keep heavy garbage trucks off my community roads.
THE #1 RULE
NO PARKING ON THE GRASS!!!!
#2 RULE
PICK UP YOUR DOG POOP!!!
I would buy all the mfg homes and own them.
This way I control the quality of the home on my lot.
I would restrict it to senior citizens.
I would have my office upfront with the laundry Mat. I would also make that a safe haven building during storms with a event room and workout room. Have a dog park and walking trail on the outer edge of my trailer park.
Then I would have it gated with concrete driveways and streets with street lights.
Nice street signs.
I would cut the grass and charge an extra fee for keeping up the grass around the mfg homes.
Have curve side garbage service where I own the cans and twice a week I pick up the cans to dump them.
My commercial cans would be stored on a separate entrance to keep heavy garbage trucks off my community roads.
THE #1 RULE
NO PARKING ON THE GRASS!!!!
#2 RULE
PICK UP YOUR DOG POOP!!!
Posted on 7/2/21 at 1:05 pm to johnnyrocket
We call that Crestview Mobile home park.
Posted on 7/2/21 at 1:08 pm to Armando
Depends on the parish. Mine is more than one on a parcel if not family. New parks are mostly not monetarily feasible because of the infrastructure requirements.
This post was edited on 7/2/21 at 1:11 pm
Posted on 7/2/21 at 1:17 pm to GuidoVestieri
My friend owns 12 parks in Florida.
He pretty strict and he is extremely strict on only elderly people living onsite.
No other adult members unless the elderly resident needs 24 hour care.
He has longtime tenants quality tenants he does work with when they have financial issues.
Works with family members giving them 30 days to get a loved ones personal items out if they pass away.
He did mention the elderly people love pineapples. A lot of people have them in their windows. They must like pineapples in Florida.
Financially, he is making good money and a lot less issue with dealing with lower end tenants. He did buy some that were open to anyone and those were a money pit plus huge headaches.
He pretty strict and he is extremely strict on only elderly people living onsite.
No other adult members unless the elderly resident needs 24 hour care.
He has longtime tenants quality tenants he does work with when they have financial issues.
Works with family members giving them 30 days to get a loved ones personal items out if they pass away.
He did mention the elderly people love pineapples. A lot of people have them in their windows. They must like pineapples in Florida.
Financially, he is making good money and a lot less issue with dealing with lower end tenants. He did buy some that were open to anyone and those were a money pit plus huge headaches.
This post was edited on 7/2/21 at 1:18 pm
Posted on 7/2/21 at 1:40 pm to Armando
The more trailers a park has, the bigger magnetic pull it has to attract tornadoes.
quote:
He did mention the elderly people love pineapples. A lot of people have them in their windows. They must like pineapples in Florida.
This post was edited on 7/2/21 at 1:43 pm
Posted on 7/2/21 at 1:41 pm to Armando
quote:
How many trailers need to be on a piece of property for the property to labeled a trailer park?
2 per acre...great investment if you don't own the trailers.
Posted on 7/2/21 at 1:50 pm to Armando
At minimum 3 double-wide's and 5 singles.
Posted on 7/2/21 at 2:22 pm to back9Tiger
I saw a trailer park located on a nice lake that rented to older people who liked lake living.
Most of the trailers had covered sheds for people’s boats.
They had 3 activities a week and it looked like a fun place to retire.
Most of the trailers had covered sheds for people’s boats.
They had 3 activities a week and it looked like a fun place to retire.
Posted on 7/2/21 at 2:26 pm to Armando
Don't waste no time if it is anything less than 69
Posted on 7/2/21 at 2:33 pm to Armando
I'd call mine a trailer court. I'd have my teenage son be the maintenance man and save on labor. Open a little grocery and arcade up at the front. My teenager would probably waste all his time playing that stupid space game though. But it's his quarters in my pocket so that's his loss. Just another revenue stream.
Posted on 7/2/21 at 2:39 pm to Armando
quote:
trailer parks
aka tornado bait
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