Education & Case Studies | Niemann Law Group
Evaluating Mobile Home Park Investments
Course Description
This course will teach you the secrets to successfully investing in this often-misunderstood asset class by understanding the key strategies and metrics for effective analysis and operation of a Mobile Home Park Investment.
You’ll also receive an overview of the industry, a detailed blueprint for analyzing this unique property type – including due diligence best practices, financial underwriting, and site selection – and case studies to bring it all together.
Case Study: How To Add $500k On 20 Pads In One Year
Description
In this episode/ case study, Ferd dives into how he turned a 20-pad mobile home park into a highly profitable investment in a very short amount of time. He uses this case study to emphasize how buying the right property is more important than the amount of properties you buy. If you’ve heard the expression ‘less is more‘ but never quite made sense of it — this episode will show you why, but most importantly, it will give you clear insights on the power of making smart and informed decisions when investing.
Case Study: How To Make Seven Figures On One Park Ten Minutes From Home
Description
In this episode/ case study, Ferd shows us how to increase the value of a park to make $1,000,000 in net cash out proceeds just 26 months after the initial purchase. Ferd walks through the persistence it took to earn this deal and the strategy that led to tax-free dollars in his pocket while being in his hometown of low market rents.
If you are looking for ways to increase and appraise your park’s VALUE the right and efficient way, this episode is for you. Don’t miss out!
Case Study: How To Make More With Less. Bigger Splits For the GP Beats More Pads!
Description
In this episode/ case study, Ferd Niemann discusses his experience as a mobile home park owner operator, and shares his strategy of owning fewer parks with a heavier workload to earn twice as much money while working half as much as his peers. Ferd also discusses the metrics he uses to evaluate deals, such as IRR (internal rate of return), pref (preferred return), cash on cash, equity multiple, and more.
If you are looking for ways to increase and appraise your park’s VALUE the right and efficient way, this episode is for you. Don’t miss out!
Case Study: How to Survive a Deal when Everything Seems to Go Wrong
Description
In this episode/ case study, Ferd Niemann goes in-depth on how he managed a mobile home park investment when everything seemed to go wrong. Over 22 months, Ferd and his team faced pricing disputes, cost overruns, tenant issues, changing city regulations, vandalism, and more. They initially bought the park for $650K, then tackled road repairs, home infills, and utility upgrades, and eventually sold it for just under $1.8M.
Discover how thorough due diligence, adaptability, and effective community management, Ferd was able to turn this challenging deal into a learning experience—and a win.