Mobile Home Loans

The chattel mortgage crisis which started in 2000 has resulted in a high vacancy rate in most mobile home parks. Lets go through some ways to increase the occupancy of mobile home parks.

One way is to contact “dealers” and ask their help in bringing homes to your park. You can find dealers by talking to local mobile home movers. The other way is to go to competing mobile home parks to see if any for sale signs have the same phone numbers. If they do it means that personal homes are not being sold - they are being sold for business purposes. Make a good business offer to these entrepreneurs like free rent until their homes are sold.

One more way to increase occupancy is looking for parks in which homeowners are not happy. Since it is not cheap to move mobile homes, you may have to pay a portion of the cost of relocation. Ask people to move only if their lease is up. If they move and like your services they may get their friends to move as well.

Another idea is to make creative use of your vacant lots. Consider opening an RV park in a section of your park. If the location is right this could be a great idea. You can test the project and abandon it if it does not work out. See what is the need of the hour and work to fix that need with your vacant space.