ARE LONNIE DEALS PROFITABLE? THEY SURE ARE IF YOU ARE THE PARK OWNER!

At MobileHomeParkStore.com we've made it clear from day one what we think of buying and selling used mobile homes in parks that you do not own. We don't think there is enough money in that business plan to make it worthwhile.  While we think the books on the subject are good reference material and may work for some people, we think on a grand scale that this model will not make you rich.

However, we are the biggest fan in the world of Lonnie Deals as long as it's your home and our park.

Mobile home park owners are the real winners when someone does a Lonnie Deal. Here's why:

• Lonnie Deals fill lots. The manufacturing and retail side of the mobile home industry is in absolute anarchy, and after eight years has still not hit bottom. Lonnie Dealers fill lots, and that's an important thing in today's economy. And if you own the park, every lot you fill equates to an increase in your park value of somewhere in the neighborhood of your average lot rent times 65. So in a park where you lot rent is $200 per month the increase in value would be about $200 x 65 = $13,000. So every time someone brings in a mobile home, you make a bunch of money no matter what type of home it is, as long as you ultimately get paid lot rent.
   
• Lonnie Deals seldom pull out. Unlike the retail dealer, who puts a new home in your park with a big mortgage attached to it, Lonnie Dealers normally put in a home without a large mortgage on it. As a result, it seldom gets repossessed and moved back out of your park. In addition, someone who has failed to rent or sell the home is probably not in a position to spring for another $3,000 to move it out again. When a customer blows out in a Lonnie Deal, normally the seller just fixes it up and tries again. Big retailers yank them out to a repo lot instead.
   
• Even if the home does not turn out well for the Lonnie Dealer, the homes tend to stay in the park. We have had many cases where the Lonnie investor gives up and either abandons the home, or sells it for a small cash price. As a park owner, either way is O.K. Whether you sell it as abandoned property, or welcome the new cash purchaser, it still translates into lot rent, which translates into money in your pocket.

There are people who argue with us as to the profitability of Lonnie Deals. As long as you are a park owner, it doesn't matter whether they work or not because you make money no matter what happens.

We welcome Lonnie Dealers to our parks with open arms. We want to fill lots.

So if you have only $20,000 to invest, we urge you to invest that $20,000 in a small mobile home park so you will be building a lasting asset which appreciates and can offer an increasing cash flow.

Are there really mobile home park deals like that out there? Our smallest deal was a 15 space park with a brick house for $60,000. The seller carried the paper for $5,000 down. Would you rather own a 15 space mobile home park, or a couple used mobile homes? We thought so.

In conclusion, there is always money in Lonnie Deals as long as you are the park owner!