Articles

ONTARIO, Calif., January 31st, 2006 - Marcus & Millichap Real Estate Investment Brokerage Company, the nation's largest real estate investment brokerage firm, recently announced the sale of Cypress Gardens Mobile Home Park located in Las Vegas, Nevada.

It's been a year since my last newsletter. Sorry for that. But there hasn't been much to write about for Mobile Home Park Owners. I haven't had a different conversation with any park owner in the last year and a half really. Velocity of MHP sales has been almost nothing.

CINCINNATI, OH – With a 23 year history serving the MHC industry, Rent Manager™ has continued to focus on improving its software to meet the demands of this unique business arena. Rent Manager’s early days began as software that focused on handling rent and utility billing for manufactured housing communities.

I hope 2004 was as good to you as it was to me. And I believe 2005 will be even better for all of us! We finally have several indicators that the industry has hit the bottom of the barrel.

Last issue I asked for topics that you would like for me to discuss. One topic came up several times, so I will address it here. Why won't you do a deal with a MHP that has private water or sewer? And why should an investor be concerned?

Mobile Home Industry Tries To Haul Itself out of Big Slump. If you haven't had a chance to read this Front Page article, you need to. If you need a copy, email or call me and I will get it to you. But the heart of the matter deals with some history of our industry and how it's got into its current status.

Market Conditions Here we are at the 2004 Louisville Show and as MHP owners and investors we are all wondering the same thing. When is it going to get better?

Market Conditions Haven't we all been busy? Money hasn't been this cheap in a long time. A lot of refinancing is going on. But where is the market really? Let's look at the facts: