How each session learned at SECO 2015 will give a complete overview of the Community Owners options.
Presenter: David Protiva, Sterling Acceptance Corp
2. Assumption about attendees & properties
Want to buy a community
or
already own a community
Likely 10% - 50% vacant lots
Some park-owned homes included
3. • Find your first Community or buy more
• Find money
- financing the initial purchase of the community
- financing the acquisition of additional homes
• Enhance the Value
- Renovate park-owned homes
- Add homes to vacant lots
• Strategy
--Should you add new or used homes
- Rent both homes and the lots
- Sell the homes, rent the lots
7. Which strategy to follow?
New or used Homes:
This discussion within many sessions
Renting out Homes in Communities:
Session 12 Thursday 1:45
Selling New Homes in Communities:
Session 3 Wednesday 11:15
8. Summary
Communities for sale: Thursday 9:15
Financing the community Thursday 1:00
Financing additional homes Wednesday 3:15
Rehabbing used Homes Wednesday 4:15
Features of New Homes Wednesday 10:30
Renting Homes in Communities Thursday 1:45
Selling New Homes in Communities Wednesday 11:15
9. Please stay through Thursday at 3:00 pm
2 of the most important presentations are after lunch Thursday
Lender Presentation Thursday 1:00
you need to meet these companies
Renting Homes in Communities Thursday 1:45
this growing strategy should be considered
Plus, we are giving away an Apple Watch at 2:45
pm Thursday and you must be present to win.