The Mobile Home Park Lawyer Podcast
Business:Investing
Ferd Niemann talks to his father about what you need to know when you buy or sell a mobile home. Organized into a checklist, father and son huddle to discuss the details and important steps to take in order to land the best deals possible and how to do it the right way. From sales to purchase, to accounting, to deeds, learn from their experience and make their checklist yours to avoid mistakes that will cost you time or money in your mobile home investment journey.
Highlights of the episode:
00:00:00 - Episode Introduction
00:00:37 - Start of the topic
00:00:51 - introduction of the guest
00:01:16 - Sales checklist
00:02:06 - Seller’s information and other details
00:02:24 - Lease, payment, and documents
00:03:48 - Titles and bill of sale
00:06:45 - Insurance
00:07:11 - Utilities
00:07:48 - Informing the government and bureaucracy
00:10:02 - Purchase checklist
00:13:05 - Checking for “clean” title
00:13:33 - Taxes
00:14:28 - Arranging cashier’s check
00:15:16 - Arranging for delivery
00:15:33 - Preparing the pad
00:19:33 - Ads
00:20:48 - Wrapping up
Notable Quotes
"Pretty simple stuff but if you mess it up it’s gonna hurt."
"The details are really important."
Connecting with the Guest:
Website: https://themobilehomelawyer.com/
Facebook:https://www.facebook.com/ferd.niemanniii
LinkedIn: https://www.linkedin.com/in/ferd-niemann-iii-897456b8
Connecting with MHP Law:
Website: https://themobilehomelawyer.com/
Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069
LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/
Instagram: https://www.instagram.com/themhplawyer/
#devilsinthedetails
#checklist
#mobilehome
Ep. 68 | Mini-Series On Zoning Options To Utilize Your Property - Rezoning
Ep. 67 | Tips To Avoid and Cure Frozen Pipes
Ep. 66 | Interview with MHP Owner Mark Bibas - Lessons Learned On His First Deal
Ep. 65 | Interview with Top 50 MHP Owner Daniel Weisfield
Ep. 64 | Interview with MHP Owner Miles Noland - Navigating Master Lease MHP Deals
Ep. 63 | Forecast for The Biden Administration and its Impact on MHP and USA
Ep. 62 | Don't Ruin Your LLC Protection - How To Avoid Piercing The Corporate Veil
Ep. 61 | Interview with Austin Marsh - Property Management Tips and Tricks from the Field
Ep. 60 | Making Sure Your Property Management Agreement Is Buttoned Up
Ep. 59 | Interview with Jimmy Johnson - Assigning (Wholesaling) Tips From The Experts
Ep. 58 | Buying The LLCs vs The Real Estate - Pros and Cons
Ep. 57 | Interview with Scott Jolly - How To Save Money Short and Long Term on Cap Ex Road Work
Ep. 56 | Key Things To Look For, Or Dodge, In Bank Docs
Ep. 55 | Interview with MHP Owner Ryan Groene - Operational Tips For MHPs
Ep. 54 | How To Keep From Losing Money While Reviewing Closing Docs
Ep. 53 | Interview with MHP Owner Danny Grisa - How To Avoid Contractor Problems
Ep. 52 | Making Sure You Have Landlord Rights When You Buy
Ep. 51 | Buying Your Park Owned Homes Correctly With a Good Bill of Sale
Ep. 50 | Ferd's Favorite Things - MHP Stocking Stuffer Ideas
Ep. 49 | Landlord-Tenant Screening - What To Do
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