Resident Owned Mobile Home Parks
Vložit
- čas přidán 6. 07. 2024
- Resident Owned Mobile Home Parks offer an alternative to paying lot rent. They are another option in 55 plus manufactured housing communities in Florida. We look at the choices, advantages, and disadvantages of this option for Florida manufactured homes. Subdivisions are the best bet if looking for an all ages mobile home park. Snowbirds may find this a desirable alternative to land-lease. Manufactured homes are the last bargain left in affordable housing for Florida retirement communities. Used mobile homes & manufactured homes are widely available. The opportunity to place new homes in these communities also exists. If you are buying a mobile home, checking mobile home prices, or just looking for a 55 community; this is a good place to start.
My book: Retirement in Florida Manufactured Homes & The Land-Lease Option
Available on Amazon:
amzn.to/3c3UMPJ
Florida Manufactured Home Living - Website
www.floridamfghome.com/
Russell S. Watson - Author
Website russellswatson.com/
Facebook / russellswatson
Twitter @RussellSWatson1
I am russian ( 52 old ) fisherman from Vladivostok city . I was happy worked 5 contracts on american crab boat JUNO ( All Alaskan seafood , Seattle ) , in russian Okhotsk sea , in 90-s years ...It was a very good time ...Thank you Grand USA ! i all time remember your goodness ..Salute from Vladivostok city !!!!
Love back at you!
Pray for us!
@@jantrattner8392 God bless America !!!
There are still good people here but our leaders are corrupt, God bless you, Jesus is coming back soon - lets us repent of our sins and ask Jesus to be our Lord and Savior and we will meet soon when he comes for his Church! May God bless you and your family!
We pray for you and Ukraine. Hope you stay safe🇺🇸🙏🏻
Here in Vero Beach, I thought about buying a mobile home in Midway Estates. Back in 2017, the monthly cost was $260 if you owned the land--and $480 if you leased the land. I'm so glad I didn't buy there. As you know, the residents eventually sold their shares. Now the residents there are stuck paying a much higher monthly lot rent. Thank you Russ for educating us about this--that shareholders can sell out.
Every option out there has risks and rewards. I happen to know one of the shareholders that sold out there and she made out pretty well. Renters - not so much. This highlights a benefit of choosing a park already owned by a larger park owner. (ELS, Hometown, etc.) The park is unlikely to be sold and while rents rise, they do so in an orderly manner. But even within that group there is a wide variability in what you are getting into. Glad it worked out for you. It shows the pitfalls of simply looking for the lowest lot rent or HOA fees.
@@RussellWatsonFMHL 😮
I love the Carmen Miranda music at the beginning.
These videos are a valuable resource for someone like me who's juggling the idea of Florida retirement. ! Thank you so much! 👍🏾
You are so welcome!
This guy is legit and sharing good information !! We bought in a share owned park in central Bradenton this spring and love it, nice people, nice clubhouse and pool, adjacent golf coarse, although not included in cost, everything we hoped for. About $171/ month with water, sewer, trash, mowing is $21 of that $171. Property taxes and electric is our only two extra expenses. It is a bargain. Shareholders and board controlled and monthly costs stable for years now. It is well kept and very nice appearing at all times. Pays to shop around. Dig into the details he is talking about. Find the names of all the parks you can in the areas your interested in, get on their web sites, most have their structure and monthly cost details in their sales section on their sites. There is still a very few bargains like what we found but you have to find them. Similar park with less to offer across the street is $725/ mo. Complete Gut jobs cost $35k, brand new doublewides are 170-200 but there is a lot of still nice or completely redone stuff from the 70's available on occasion for 70-85 but it sell within days.
Glad to hear it Doug! Stay tuned as I have many videos planned for current owners covering maintence, insurance, and many more topics helpful to manufactured homeowners in the state. You are absolutely correct! Ya gotta shop around!
@@RussellWatsonFMHL Check out, for a comparison, "Golf Lakes" and "Village on the Greens" websites in Bradenton as our research yielded both of these as very clean and nice for a lower monthly cost than most of the others you reference. We are in VOTG and overwhelmingly happy after a whole lot of looking and research all around the south west 1/4 of the state. Both parks appreciating rapidly and units sell quick compared to less expensive but like homes in higher monthly cost parks. Both parks are debt free currently and are adjacent to and share the same proximity to The Greens of Manatee golf coarse which is not included but a 1 minute ride in your golf cart. Both are 8 miles from the beaches at Anna Marie and SQQ airport for easy and cheap tickets for those that come and go. I think airport proximity is a good point of consideration you could mention as well since so many folks come and go some through the winter months. Both of these parks give a lot for the monthly spend. Units sell within hours or if not 1-3 days often. They are competed for heavily.
@@floridasaltlife Yes they are very interesting communities. It appears Village on the Greens (Formally El Rancho Village) still has 87 units that are not shareholders. Do they have their own HOA? Golf Lakes appears to be 100% shareholders. Both look like great bargains if you have the means to buy in. Thanks for your follow-up.
@@RussellWatsonFMHL Yes they do, We bought our share and at 57 and 52 yo we will be there for a long time so we will benefit from the purchase, winters for now. We love it there and I really enjoy your channel, you are giving the best information available for people trying to figure it all out as they consider a manufactured home in Florida purchase. It really is complicated to grasp it all in the beginning. There is over 25 families from my home county in Indiana in our park so we had good guidance but still did our homework as we did not want to miss anything.
Bradenton is the area im looking at, would you mind providing the name of your park? thank you.
Russ your videos are invaluable!! TYVM!! ❤
Thanks so much Russ. It’s overwhelming muddling through so much information. To make it worse, it’s hard to find a 3 bedroom property that’s affordable and meets my own, my mom’s, and my aunt’s needs. I look forward to your videos as we know we want to move from Louisiana to Florida, but don’t even know where to begin. You sharing this information has been so helpful.
You should take a look at my book. It was written for folks looking at parks in Florida but overwhelmed by choices and underserved by available information. You can find it here: amzn.to/3c3UMPJ
YES!!!! I am so grateful for this channel! Ignore the smart Alec "trolls". Some people have way too much time on their hands.
Very true. Spot-on topic.
Great info. Thank you Sir.
Am getting further into your information on suggested websites. Very helpful. Thank you
Glad it was helpful!
I've got several years until my wife and I can retire to Florida. I'm hoping with your videos, I will have as much knowledge as possible between now and then to take with me to Florida when we move. We already have a 55+ community selected, which has lot rent and land owned homes. Even with property taxes, it would still be cheaper than what we pay now in our current state of Illinois.
Coco, what is the name of the Community you have selected? If it is ok for me to ask?
@@susano7587 Cypress Lakes, north of Lakeland.
@@orion3706 Thank you!! My Brother lives next to a Lake north of Odessa, I will be moving from Colorado next year and want to live close to him!
@@susano7587 you're welcome! Watch Chuck and Mary Kent's videos to get a feel for the place. That's how I learned about it. I showed them to my wife and she was sold on Cypress.
@@orion3706 Thank you very much, I did look at Chuck and Mary's videos. I wish you the best with your retirement! Sue
Really good info thanks
Thanx again Russ. I think a ROC makes a lot of sense for us. I realize the home is more expensive if it includes a share, but is a hedge against the ever increasing lot rents in the nicer gated parks. Hope I can find what I'm looking for. With your help and book we might be able to make this happen.
Glad you are finding your way through the maze! There is a community that is ideal for almost everyone but the trick is to find which one is ideal for you.
@@RussellWatsonFMHL our journey is also beginning. Thank you for your videos!
Excellent presentation, thanks for the hard work 😃
Glad you enjoyed it!
Great job 👍
Thank You!!!!
Yes
Good info! Looking at Florida for retirement also. Subscribed
Awesome! Thank you!
i live in fla . living in condo . i owned moblie home before loved it. condo 3rd floor now older a long walk to car .i miss my carport . standard house has Is garage which is nothing more than a hot Box. many critters get in also .snakes rats Skunks
Tanks good information
You are very welcome - Stay tuned!
Very helpful
Glad to hear that
Thank you so much
You're most welcome
I wish you could give the same information in North Georgia. I'm planning to retire around there. I live in Orlando and and tire of the heat, the traffic, and the cost of living.
what is the average high temp in orlando in jan and feb ? i heard it's often quite cool there.
Hi. I appreciate your videos and the information you present. Do you have a list of any manufactured home communities where you own your land that’s on a bit of acreage? Thank you.
Most subdivisions use tiny lots. I have never heard of one with very large lots. For an example of a subdivision with a recreational district, watch my video on Barefoot Bay. czcams.com/video/4G_FcZOZv-E/video.html That said, it's quite common in more rural areas to find manufactured homes on private parcels of all sizes. The best way to find those is to contact Real Estate agents in the area that interests you. You can also look at listings like MHVillage, Realtor, etc. These listing services are on our website: www.floridamfghome.com/Buyer-Resources
If you find others I should add, let me know. Google Real Estate Agent + the area you are interested in for contact info.
Thank you for these videos. Do you have site suggestions that identify RO and Co-Op communities by regions or areas? I'm looking for a place between Port St. Lucie and Cocoa.
The only sites I can easily point to are FlaROC and Mid FL ROC. Both are listed on my website. I am working on a list of parks for my next video. I will include as much as I can find on Co-Ops. I live in the area you are looking at so give me a couple days and I may be able to get you a list of most of them.
@@RussellWatsonFMHL thank you Russ
Hello Walter, thank you for sharing so much information here, I'd like to know the location of the waterfront area, you are talking about with the boats we see in the photos. Comments about your you tube videos, i like your easy going free style' professional speaking".. it keeps you engaged till the end of the video. Jackie from Canada
Thanks for the kind words. I think you are referring to Nettles Island on Hutchinson Island. nettlesislandcondo.com/
Thank you so much! Very interested in ROA'S but have found little info! I'm 63, moving to Florida by myself, as soon as I sell my condo and I need to keep costs low. From Illinois.
You are welcome. What other info might interest you?
Same situation for me. I’m also interested in these type of communities. Buying a manufactured home just to pay a high lot rent makes no sense to me. Just sold my house, so I’d like to find more options in the central Florida area, so far, I’ve found only 3.
I'm seeing a lot of fellow Illinoisans on here.
@@orion3706 russ looking for the name of the water c ommunity you are keeping so well hidden and teasing me with sir, I live in Sugarloaf key Fla
What does ROA Stand for ?
Thanks this did help. My problem is I have a 60 pd labradoodle and I could not find a ROC that would take a dog over 30 pds. In the Florida location .
I thinking of adopting a dog and worry about this also.
The Palm Bay Colony community that was shown in this video accepts large dogs. I worked with a client from Michigan that had a large breed, & they were able to find a place they liked in PB Colony. It is located in Palm Bay in Brevard County on Florida’s East Coast. This video has solid information. Do your homework, visit the area & not just inside the gates of that community; drive around the outside neighborhood too. Get crime reports from the local police dept, & make sure you can follow any deed restrictions.
Thank you for the great information. Do you know if there are any Resident Owned parks near Ocala or St. Augustine/Jacksonville area?
You can request a statewide CoOp list by joining our Inner Circle. It's Free! www.floridamfghome.com/Buyer-Resources
I bought my land and built a small home. Away from ROCs. No HOAs. Cheap taxes. Off the grid for 22 years.
So glad you found a home that meets your needs and fulfills your dream! That's the goal 👍
Interesting infos!
Thanks for watching! We have more in other videos: czcams.com/users/FloridaManufacturedHomeLiving
and on our website: www.floridamfghome.com/
Thank you for the video, it was just what I needed, as soon as my house sells one of these parks I will hopefully call my home, is there a site I can go to to see what's for sale Thank you
I would first narrow down the field a bit. I wrote a book to help with that: Retirement in Florida - Manufactured Homes & The Land-Lease Option
amzn.to/3c3UMPJ
There are agents, online listings, and Facebook groups on my website. All list homes for sale. www.floridamfghome.com/Buyer-Resources
I also suggest you look through some of my other videos: czcams.com/users/FloridaManufacturedHomeLiving
We purchased an old mobile home that was nicely remodeled in 2015. It was land owned for some of the resident’s paid about $98.00 a month, not including water , sewer and trash pickup at the time. The community was purchased by another company in 2018, and they were trying to buy out all the land owned. We loved that it was in Clearwater and abutted, Tampa Bay, but we weren’t too thrilled about the noise from the highway, the management and the outdated look of the park. We sold it for a good amount in 2019, but we’re sorry now because we’ll never be able to find land owned at that price again. The new management is fixing the park up now and it’s looking much better than when we were there. We’re thinking of purchasing another home again in Florida, but we’d like to be able to find land owned, at a reasonable price, in an updated 55+ community.
Yes, those land-owned homes with sweetheart deals in communities are rare. Best I can suggest is a decent recreational district or subdivision.
Just wondering if you might know.. Are there communities/parks where I can purchase a home and rent it out when not being used? Thanks in advance. Chris
Absolutely. But most discourageAir BnB type rentals. Each park has it's own rules. Check sub-divisions like Barefoot Bay (featured in another video) also.
We are looking for an exceptional immaculate community where they have many rules and ENFORCE them. Are there any in or near Ocala?.
There is a list of realtors and another list of online listing services on our website. www.floridamfghome.com/Buyer-Resources
Between the two you should be able to narrow it down. You can find much more on choosing parks in my book: amzn.to/3c3UMPJ
Is their any coop that has lower priced trailers and super low how. I am on ssdi and cannot afford high prices. But I want to get to florida for weather and lifestyles
There are hundreds of Co-Ops and I don't have any data on what's available. I suggest you start with the links in the website.
Can you do a program about Moorhead Manor co-op in Naples Florida? Also Enchanting acres co-op only a mile or two away. Please?
I am planning a trip to Naples. I'll put them on the list. Meanwhile if you need some tips on researching parks, check out my book: Retirement in Florida - Manufactured Homes & The Land-Lease Option
amzn.to/3c3UMPJ
While it does focus on land-lease parks much of the research advice applies to ROCs as well.
Resident owned is the only way to go. Owning your own plot is the best, but the other two are superior to a rented lot.
There's advantages to every type of park depending on your wants, needs, and financial situation.
I live out of country and plan to be a winter resident. I want to get a place in a ROC in Sebring. Currently there are 2 empty lots I can place a home on and buy a share (knowing I can get the cost of my share back when I sell) or I can purchase a home already there and rent or buy a share. Most of the homes in Hammock Estates are 45 yrs old and most show it in and out. What does it take to put a home in a park. Am I responsible to have plumbing, electric run to the lot, cement pad and drive way? Is it work me putting a home in this park that will be the newest and for resale most expensive home there? I need a starting point for information. I don't even know where to look for new home builders in Florida
Well, your starting point is our website: www.floridamfghome.com/ We have info on new home builders there. Central mobile homes isn't too far from there. You could give them a call. I am producing a video on new home installation in late August. Contact the HOA regarding what is already on the lot in terms of utilities. Most parks set their lots up when the park was built. I think the resale value of a new home would be considerably lower in a community where the other homes are all much older. But, is return on investment your purpose? I suggest you watch my other videos and consider reading my book. The book is directed at land-lease but many of the same issues face you in the decisions you are contemplating.
Also port Richie
Fl.New Port Richie.Fl and Holiday.fl.
You can request a statewide CoOp list by joining our Inner Circle. It's Free! www.floridamfghome.com/Buyer-Resources There may be other ROCs, such as subdivisions, but lists are not readily available. Check Real-Estate listings in the area for manufactured homes.
Hello you’ve been very helpful in the past with a few questions that I’ve had. Sorry but I have another one, my wife and I are flying into Sarasota Florida from Indiana tomorrow and I was wondering if there is a list or a website that I could go to of co-op mobile home parks somewhere between Orlando and Sarasota. We are here for a week and want to check out the weather and the area like Kissimmee Sebring Lakeland. I’ve been looking on the Internet but it kind of gets confusing, perhaps you would know a website or where I could go to to get some kind of a list thank you again
You can request a statewide CoOp list by joining our Inner Circle. It's Free! www.floridamfghome.com/Buyer-Resources There may be other ROCs, such as subdivisions, but lists are not readily available. Check Real-Estate listings in the area for manufactured homes. www.floridamfghome.com/Buyer-Resources If you are looking for a guide to researching and selecting communities, I suggest my book: Retirement in Florida - Manufactured Homes & The Land-Lease Option
amzn.to/3c3UMPJ Much of what we present applies to ROCs as well.
Kissimmee Florida
Excellent introduction. thank you.
Glad it was helpful!
I give up. 🤷 Where is Hidden Harbor located in Florida, & what are the going rates?
The only Hidden Harbor related to MH I know of is a consominium development in Stuart. hiddenharbourestates.net/
Question- is the Sarasota Amish Mennonite community in Sarasota the original park built there pre amish migrant workers during “picking season”. I knew many Ohio Amish Mennonite children who’d stay in a park in Clw and attend South Ward Elementary school with me. Was sad the yr they didn’t return. Wilma Biand Yort W.
Here's a good article on it: www.yodersrestaurant.com/about/sarasota-s-amish-and-mennonite-communities/
I am new to mobile home living and Florida in general. As I begin my search for a mobile home, I would like to live in a resident owned community for low HOA fees as opposed to paying lot rent. My problem is prior to sitting down with a realtor I would like to do my research of parks, neighborhoods etc... Can you help me find a website that identifies ROC's by county or statewide and mobile homes for sale within them?
You can request a statewide CoOp list by joining our Inner Circle. It's Free! www.floridamfghome.com/Buyer-Resources There may be other ROCs, such as subdivisions or condo communities, but lists are not readily available. I feature many of these in my area videos. Also check Real-Estate listings in the area for manufactured homes. www.floridamfghome.com/Buyer-Resources If you are looking for a guide to researching and selecting communities, I suggest my book: Retirement in Florida - Manufactured Homes; The Land-Lease Option
amzn.to/3c3UMPJ Much of what we present applies to ROCs as well. We go into this much deeper in our MH New Buyers course, Sign up to be notified of the next course availability here: fmhla.mykajabi.com/
Very interesting and useful information. Would you be able to tell me of any ROC or family owned lease parks near Pensacola? Or should I buy your book for more complete info so as to make an informed decision. I am a single woman of retirement age, have sufficient income but don't want to see it eaten up by fees and HOA. Also would be moving with 2-30# non aggressive dogs, Corgis. Thanks
I do not find any ROC CoOps in Escambia county. There are some land lease parks in and around Pensacola. The largest is TIMBERLAKE, owned by RHP properties. You can download a complete list of land-lease parks on my website. www.floridamfghome.com/ I certainly recommend you read my book to get all the info you need to evaluate parks. amzn.to/3c3UMPJ
ROC's are few and far between. Those that accept dogs are way farther fewer. You will run into weight limits, e.g. 25 lb common, 45 lb less common, no limit lb very very very few.
Where can I get a list of these resident owned co-ops in Florida with address and city? Can you provide a link?
You can request a statewide CoOp list by joining our Inner Circle. It's Free! www.floridamfghome.com/Buyer-Resources
Also can you get financing I have heard it is almost impossible in roa.
I'll be looking at financing in ROCs in an upcoming video, You can get conventional financing in a subdivision and a condo arrangement. I'm not sure about a Co-Op.
If I'm a senior but my wife is not, am I still allowed to live in a senior community?
Yes, only one of you has to be of senior age to qualify. Blessings
Hi Russ.I am really getting the info I need by following your videos. One question I do have is about community diversity, specifically African American owners. My husband and I are planning to move to Florida and I have a desire to live in a manufactured home preferably as resident owners. Is it possible for you to shed some light on my concerns.
I have no data on the diversification found in ROCs nor am I aware of any that might be either favorable or unfavorable in that regard. I don't really feel qualified to address your concerns. I do have a friend that is however and if you email me at russell.watson@floridamfghome.com I'll send you her contact info.
Great if there's information on Resident own in other states besides Florida
Sorry, I am only working on Florida at this time.
interesting video. we are not very familiar with Florida but are there areas where you can buy a property in the state with .5 acre + and just pay property taxes to the town etc. without any of this HOA, lot rent, etc. I understand the Home owner would be responsible for cutting their own lawn etc . we are not looking for huge pools, and tennis courts. Just a regular piece of property with a home on it with property tax.
Sure, see my video On Your Land. czcams.com/video/4G_FcZOZv-E/video.html&pp=gAQBiAQB
Looking to buy a place near Punta Gorda, FL. Any ROC in or near there?
You should check out my video on Punta Gorda. czcams.com/video/T7GwGKu4zns/video.html
There are several mentioned. I also have a list of CoOps available on the website. Sign up for the Inner Circle (free) and download the file. There are some unusual resident owned subdivisions in that area that offer great amenities. Google "Resident Owned Community Punta Gorda" or look through some of the real estate listings for the area.
Where was that waterfront park located?
Nettles Island
Are there any exceptions to the 55+ rule. I’m 46 and retired looking to move to Florida.
Detailed info on 55+ can be found in the video I did on that topic. czcams.com/video/h-dS6CxVjN4/video.html The policy regarding the 20% who do not have to be 55+ varies widely from park to park and is sometimes left up to the park manager. If you see parks that say something like 45+, those are 55+ parks that are allowing (some) younger people. Another scenario that may cause an exception to be made is when you are buying a home (mostly new homes) directly from the park. There are also all age communities.
Im concidering a doublewide in Harbor Oaks Park, in Fruitland park Florida.. What do you think??
I wrote a book on how to evaluate and select parks. I suggest you read it to determine your needs and use the resources and methods discussed to compare it to nearby options. Retirement in Florida - Manufactured Homes & The Land-Lease Option
amzn.to/3c3UMPJ
Do you have any around Gulf shores Alabama
You can request a statewide CoOp list by joining our Inner Circle. It's Free! www.floridamfghome.com/Buyer-Resources There may be other ROCs, such as subdivisions, but lists are not readily available. Check Real-Estate listings in the area for manufactured homes.
Can You Purchase Homeowners Insurance on Manufactured Homes in Florida Today. I thought that Most Companies quit underwriting These Homes In Florida.
Sure you can. There are many companies listed on the website. www.floridamfghome.com/Buyer-Resources
Do you know of any subdivision type mobile home parks with no HOA in or near New Port Richey, FL?
Sorry, SubDivision information is not tabulated specific to manufactured homes. Your best bet is to call a real estate agent in the area that deals in manufactured homes and ask them. You may also find some offerings from the online sites listed on our website.
super high crime area
Do you have any mh parks where the lot rent is 400 per month ? and links ?
Your best bet is to join our inner circle (free) and download a list of all parks in the state. www.floridamfghome.com/Buyer-Resources On that same page you will see a link to my book which can guide you through the process of selecting a park. There are many other videos available on the channel that will help as well. czcams.com/users/FloridaManufacturedHomeLiving
Is there anything like this on the gulf side
Yes, in fact there are many. You can request a statewide CoOp list by joining our Inner Circle. It's Free! www.floridamfghome.com/Buyer-Resources There may be other ROCs, such as subdivisions or condo communities, but lists are not readily available. I feature many of these in my area videos. Also check Real-Estate listings in the area for manufactured homes. www.floridamfghome.com/Buyer-Resources If you are looking for a guide to researching and selecting communities, I suggest my book: Retirement in Florida - Manufactured Homes & The Land-Lease Option
amzn.to/3c3UMPJ Much of what we present applies to ROCs as well. We go into ROCs and private land much deeper in our MH New Buyers course. Sign up to be notified of the next course availability here: fmhla.mykajabi.com/
Do you have any 55plus community by Clearwater fl
You can request a statewide CoOp list by joining our Inner Circle. There's also a statewide list of land-lease parks. It's Free! www.floridamfghome.com/Buyer-Resources There may be other ROCs, such as subdivisions, but lists are not readily available. Check Real-Estate listings in the area for manufactured homes. www.floridamfghome.com/Buyer-Resources If you are looking for a guide to researching and selecting communities, I suggest my book: Retirement in Florida - Manufactured Homes & The Land-Lease Option
amzn.to/3c3UMPJ Much of what we present applies to ROCs as well.
Russel do you know which ROP is the most northern in Florida that you did or not cover?
I assume ROP means a Resident Owned Park (Community). I offer a list of CoOps to Inner Circle members (free) www.floridamfghome.com/Buyer-Resources
That does not cover Subdivisions or Condos. There are no such lists that I know of. But, I'm thinking of offering a seminar on how to locate these communities if I see enough interest.
@@RussellWatsonFMHL I am a member but don't know Florida I am from Pennsylvania
I would like more information about the water front community around 4:54 on this video. I would also value your opinion about which area is less susceptible to storm damage?
You can request additional info on the communities in that video by using the link in the description or going here and joining the Inner Circle. www.floridamfghome.com/Buyer-Resources I'm finishing up a video now in which I elaborate on hurricane dangers. Join the Inner Circle and I will notify you when it is posted.
@@RussellWatsonFMHL you said in your video to ask below; now I have to join something? I have an idea it's Marcus Island unfortunately for me I didn't see a link. I am retire but wife won't for 5 years
Thank you all the same for the great information. Debating on ordering your book but maybe the info will be obsolete in 5 yrs?
If your retirement date is 5 yrs from now I doubt you could find it or remember it by then. I doubt much will change in how you choose a park although a lot may change on what's out there and how much it will cost.
Sorry, I have a lot of videos and most have links but that one was a tease. Several guessed it correctly in the comments. Nettles Island off Hutchinson Island in Martin County.
I live in a senior community 40 miles north of Tampa where we own the land. It would have been a lot more helpful if you could have stated where these properties are.
OK, thanks for the comment. You can Google them, of course. I should have put them in the description, but in that video I was trying to explain concepts, not feature specific parks.
@@RussellWatsonFMHL Thank you. I understand. Lastly, thank you for responding so quickly.
I’m getting ready to buy a new mobile home but this one mobile home park told us that we have to buy a property to put it that we can’t just put it on a mobile park so is this true? I don’t have lots of money but my doctor paralyzed me so I want to buy a double wide mobile home I live in Tracy California can you help me figure out what I can do? I don’t have money to buy property
Sorry, I'm not at all familiar with California. I suggest you contact the Golden State Manufactured Home Owners League. (GSMOL) Here's the website:
www.gsmol.org/
What was the name of the community on the “island”?
Nettles Island
So Russ, I give up, where is the Luxury Amenity waterfront resort you remarked on??...no more teasing...lol
Nettles Island on Hutchinson Island
I am 55+ and moving to Florida within a couple months. I'm not completely retired and still work. With me still working will this present a problem finding a place to live in a 55+ community ty.
No, in fact nowadays a lrge percentage of those in 55+ still work. Some to afford a fancier lifestyle, some because they are still in the midst of their carreeers, and some to just get out and have aomething to do . No worries!
@@RussellWatsonFMHL that is great thank you for replying you and your and videos are very helpful keep up the good work. :)
Great question Walter Ross!
Are there places where you have to pay lot fees and hoa fees
Well, sort of. A lot-rent is the sum of all charges you pay (except user-fees) to lease the land your home is on in a FS723 park. An HOA fee is your share of the common expenses in a Resident owned community. (ROC) Apples & Oranges. But after that it can get confusing. FS723 communities can have voluntary HOAs that represent the residents interests. There is often an annual membership fee - typically $10 - $35/yr. Resident owned communities can also have leased lots where the homeowner is not a shareholder but instead pays (typically much higher than the shareholder's HOA fee) lot rent. I know of at least one ROC where the lot rent that non-shareholders pay is described as a sum of the HOA fee shareholders pay plus an additional lot rent because they don't own a share. So, it gets a bit confusing.
Where is that waterfront community???
I believe you are talking about Nettles Island in Martin County
Russel I joined your inner circle over 3 months ago just wondering if I missed your storm safer videos?
Did you get the e-mail today announcing a new video? It was sent to the Inner Circle. Not sure what you are referring to with "storm safer videos".
@@RussellWatsonFMHL i did get video today. 3 months ago you said you'd be making a video on storms; best and worst I imagined but haven't seen any but have since found that information.
Can a 600lb grand piano be placed on a Florida room?
Depends on the Florida room I guess. Mine is a concrete slab, so I guess if I could get it in there it would be ok.
Where are these parks located at
They are all over the state although there are much greater concentrations on the west coast.
It sounds like you live in Manatee county
How much does it cost to live at Palm Bay Colony?
No idea. Here's an agent with some homes listed. I'm sure if you call or email they can better answer your question:
www.movoto.com/for-sale/palm-bay-fl/palm-bay-colony/boundary-1/@28.05025719879969,-80.59263547348023,28.04068214616207,-80.6077416746521,17/
I want more information. I will be retiring within 2 years
We have lots of videos and many more in the works. czcams.com/users/FloridaManufacturedHomeLiving
There's more info on our website: www.floridamfghome.com/
My book covers quite a bit about choosing a community. This applies to both land-lease and ROCs. amzn.to/3c3UMPJ
Nettles Island Inc is that place
Wow - you were the only one to guess it!
We’re are the closest MHC communities nearest to the water on the east coast of FL
That depends...what kind of water? One of the communities I filmed recently is on the water - the intercoastal that is - with boat docks in some back yards. There are several communities in my next video that are across the street from Atlantic Ocean surfing beaches. Then there are those on lakes.....
@@RussellWatsonFMHL thank you for replying back can you send me the names of those communities please
The community on the Banana River is featured in this video: czcams.com/video/lRYE9wa7Uag/video.html
The beachfront parks will be in my next video coming soon. Join my Inner Circle (free) and download a complete list for the state. www.floridamfghome.com/Buyer-Resources You will also receive notification as new videos are published.
We live in Sun City in Huntley Illinois and we are looking for more of a "high end" type park where we would own the lot. We are looking near Ocala but we are not finding anything, maybe Im looking in the wrong spot for help. HELP! Any info you can give would be appreciated. Thank You. That one you showed that looked like an island looked nice what is the name and location. Some of the parks we have seen were not very.nice. Thank you again.
There is a list of realtors and another list of online listing services on our website. www.floridamfghome.com/Buyer-Resources
Between the two you should be able to narrow it down.
Also checked out Ocala…one ho 800/mt
The real advantage of Resident Owned Mobile Home Parks is you are not as likely to loose your home. Under Florida law the owner of a lot rental Mobile Home Park can sell the park to a new owner who will redevelop it into condos, houses, business parks, etc. Or they can redevelop the land itself. The residents get a few weeks notice, one park I remember people got three weeks notice, to get their trailer out of the park. This is becoming all the more frequent as land values increase and park owners can make a quick dollar.
Ther is simply no other park with empty lots to take the trailers. Equally people do not have the money to move the trailer even if there is vacant lot in another park. A big problem is many of the older trailers have had additions and cannot be moved successfully.
There is some provision in Florida law for trailer owners to get compensated but the compensation is often as little as $1,000. So the resident is homeless with not enough money to buy a new trailer. The park takes the title to your trailer for pennies on the dollar. If you don't accept the minimal amount offered as compensation you get evicted and the court awards the trailer's title to the park.
Florida law says that if a buyer is found the resident's HOA, if they have one, has the right to purchase the park at the same price of a new owner. Many rental parks do not have a HOA so they do not get the opportunity. Those with HOAs are not prepared to get a loan to purchase the park.
All this has been put into legislation by state lawmakers who the common people like MHP residents voted into office to protect their rights. The Florida legislature is owned by the MHP owners and developers.
In Florida buy in a resident owned MHP, I believe legally a co-op, or look elsewhere.
I must point out that not all new owners redevelop the park and demolish all the trailers. Those that continues to operate it as a MHP usually make a huge rent increase. If you can't pay the rent of find a buyer you get evicted and the park takes title to your trailer. The park then sells your trailer for a profit or rents it out.
The Florida legislature sits deep in the warm pockets of the developers and park owners.
Some of your beliefs are fact and others are not. As an example, the law requires 6 months notice if the land is to be used for other purposes. (FS 723.061 (1) (d)C2) You can view the actual statutes on our website: www.floridamfghome.com/Legal . I talk about assessing the risk in my book, Retirement in Florida - Manufactured Homes & The Land-Lease Option amzn.to/3c3UMPJ
In some areas and some parks that risk is fairly high but today most resort parks (that remain) produce more income for the landowner than other uses offer. This is the flip side of lot rents that seem high - those same rents make it much less likely the park will ever change. I agree that ROC CoOps are a good deal (if you have the capital) but you fail to mention that they can be bought by investment groups or REITs that promptly increase rents dramatically for those that remain. In fact, some have been including one near me where rents skyrocketed. This is a risk you must asses when buying into any park.
@@RussellWatsonFMHL The thing is the homeowners rights provide by Statue 723 is not enforced by Florida government. The example of mobile home owners given a few weeks to vacate is real (I forget the name of the park but was within the last year in Pinellas county). There is really no government protection for mobile homeowners in Florida except on paper.
Rising property values is increasing the conversion of MHPs to other uses. In Pinellas County land has raised to between $500,000 to $1,000,000 an acre.
The MHPs are old, usually 50 years and older. Expensive aging infrastructure is usually patches on patches holding it together. Water and sewer system ar old and approaching replacement time. This system is more than just pipe but includes a lift station to pump sewage to the County sewage pipes. Buildings like clubhouses, laundry buildings, pools need major work or replacement if for nothing else termite damage. The roads in the park are private and also needing major work. They have been resurfaced by now at least once. The park I am in is an example of this. The road surface is now level with the sidewalks. Another layer of asphalt would build the road level higher than the sidewalks and the in the road grated storm drains would not carry away the bulk of the rain water resulting in flooding of the lots. The only thing that can be done is use asphalt grading machines. They grate off the top couple of inches and conveyor it to dump trucks. Then new asphalt is laid. Altogether a very expensive project.
Faced with now higher land value and increasing infrastructure expenses MHP owners are more and more opting to sell to a developer.
And yes a resident owned CO-Op can be sold. It requires a vote of the shareholders that owns a share that lets them put a mobile home on a specific lot. I did not find in Florida statues what percentage of owners have to vote in favor of a sale. I think that is in the incorporation, bylaws or covenants of the ROC. I would think it requires a majority or a minimum percentage of all the shareholders but may be a simple majority of cast votes. Not all the shares are owned by individual mobile homeowners as unsold shares are owned by the CO-OP which rents those lots out. I am guessing that the elected CO-OP directors vote among themselves to which way to cast those votes. There is a lot of money involved and a developer would not hesitate to throw some money to individual Directors for a vote in their favor.
There is a ROC CO-OP half a mile from me that is facing a buyout offer.
Can the by-laws of a resident owned community be changed after a hurricane. We own in Palmetto Palms- condominium. Rv Park.
Recently we were hit by hurricane Ian. The board is in emergency mode after the hurricane and we were declared a disaster. They are trying to sell our park. Spending money on attorney fees to accomplish this. There are many in the park that do not want to sell to Sun Corp. The bi- laws say the park must be restored to before hurricane standards. The board is spending money frivolous. Does the park manager need a 9k dollar golf cart when a five of the bath houses are unusable. Get us a public bathroom. Many residence are rehabbing their homes in hope that the park will not sell. They need a place to shower. We do have out houses. Long question. Sorry.
Sorry, you will have to consult an attorney on that one.
Hi , my name is Barbara.im looking for a 3/2 home own your own land in Tampa palm Harbour .Tarpen Springs , please tell me the name of some properties ,with cheeper homes. In thes areas.Thanks.
I do not sell homes. I suggest you look at the Online Listing Services on my website: www.floridamfghome.com/Buyer-Resources
If I own my land in N FL can I buy a mobile home?
You can buy anything you want. It is up to your county or municipal zoning board if they will let you have it installed on your land.
@@RussellWatsonFMHL
Thank you. I appreciate your CZcams posts!
Do these 3 types in 3 separate vids.
That's the plan! Working on research for the CoOp video now,
Ok, where is this water front park?
Are you talking about the one on the Thumbnail? That's Tropical Isles in Fort Pierce. It's not waterfront though.
If it's the one with all the yachts parked at it that"s Nettles Island on Hutchinson Island.
@@RussellWatsonFMHL that's the one..thanks
I am having a very hard time finding a 55 + mobile home park where its a home/land ownership with a semi reasonable Monthly HOA fee for people who are not rich or don't wish to "snow bird" and pay hundreds of dollars a month for lot rent when you're not even living there. That just sounds insane. I can't for the life of me imagine why anyone would want to do that.? Is there an on line site that lists 55+ HOA mobile home communities in South West Florida.? I'm looking for anything below Fort Myers fl. I have cash with which to buy.
There are no listings I'm aware of for MH Subdivisions. I suggest you contact Real Estate agents in the area that interests you. Another option is to join the FaceBook groups I have listed on the website and post an ASK with your requirements. Hope this helps!
Have the perfect place. IT is called Silver Oaks and is located 45 min west of Gainesville and has low HOA fees and no one messes with you. Gainesville also has the best medical in FL.
@@55chevytruck But isn't it quite cold in the winter in that part of Florida? I want shorts and flip flops all winter long. :)
@@donpazer What do you consider cold? Winter is the best time here but if you want it hot all year long than the keys are your best bet although they get hit a lot with hurricanes.
@@55chevytruck I would like it to be a highh of 75 F to 80 F in Jan and Feb. How far south in Florida do I have to go to get those temps in Jan and Feb ?
I am thinking a floating house in Florida. Crazy, right? I'm just thinking 💕 💕 💕
You can find live-aboard houseboats in FL. But I have never seen one made from a manufactured home. I suppose it's possible although I bet it voids the warranty😃
Thanks you. Appreciate it!
My concept of floating boat is really weird. I love thinking weird things 😍 😍
Sir, are Manufactured Home are they strong enough when their is hurricane ?
I cover that a bit in one of my videos. It depends on a lot of factors. The year it was built, condition of tie downs, and the strength of the storm are only some of the factors. There are hundreds of thousands that have survived near misses by CAT 1 or 2 hurricanes. On the flip side - not much survives a direct hit from a CAT 4-5. CBC construction may be a better choice if you are concerned with hurricane resiliance.
@@RussellWatsonFMHL With Hurricane Andrew the ONLY brand that survived was PALM HARBORS. I know, I was there and saw them still standing with very little structural damage. I was shocked. Blessings.
@@exploreusabytexasstarmagaz7213 A nice tribute to a good manufacturer. Not much survives a CAT 4-5 hurricane.
California used to have 55 * mobile home parks then it became illegal....
Why would it become illegal?
Are there any 'family' oriented places ???
There are all ages parks.
I searched for an all age park because, while I am retired, my son who is 27 y.o. is living with me. I found a decent one in Zephyrhills where I own the land, HOA is $65 a month, and taxes are a little over $600/yr. It's not high end, granted, but its nice for me and my fur babies. I'm enjoying it.
@@janismacolley2395 Very nice! What is the name of the community?
@@RussellWatsonFMHL Sandalwood mobile home park. It's really come a long way.
are taxes diffe10ant for 100 disabled veterans
Not that I know of but while I am a Veteran, I don't have any experience in that area. Perhaps some of the Veterans groups could address that question.
Why are all the videos I get suggested from your website months old
The CZcams algorithm is a mystery to all! You can jump to the channel if you want to see the latest or what's available: czcams.com/users/FloridaManufacturedHomeLiving
Here is the bottom line. Resident-owned communities often get run down. Why? Residents vote out much-needed increases to keep up with expenses and increasing costs to maintain their communities. Thus, downhill they do.
I mention in my video the need to research the HOA and the community. In the video on Partnership I talk about that further. You are right, this happens in ROCs & Condominiums. In fact, it has really come to light following the recent tragedy in Surfside.
Russ Watson, narrator.
Thanks for subscribing!
owned by a company or by residents, they all will sell when offered enough money, they are all gambles
Well, that might be true of CoOps but condominium and deed restricted HOA subdivisions are near impossible for investors to buy as a community.
Great stuff.cant wait for my first hurricane!
Suicide move today with rising waters and global warming not to mention all the invasive species.
You couldnt pay ME to live in Florida today!
OK, NP - glad you have found your dream. That's the key!
Where do you go when hurricanes hit? There are going to be more and more with the climate changes.
When you are aware that a hurricane is coming... RUN! AWAY! There are few roads from Southern FL to Northern FL and it will be easy to get caught in traffic jams. So grab what you can, water, food, toilet paper, clothing, important docs, pictures... and leave. I was in Aug 1992 Hurricane Andrew... I lost it all! And, could NOT get out due to the millions of people on the roads.
We had 7 hours of hurricane 200+ winds, and only 15 min eye. The second wave was much worse than the first. I will never allow myself to be caught in another one. I don't live in FL any longer... however, every state has its weather problems.
Out west, Monsoons, flooding, heavy winds... Texas central to northern states, tornadoes... lots of them! And the list goes on. Be prepared and be ready no matter where you live. Blessings.
Predictions are for a ten foot/three meter rise in sea level over the next hundred years. A two foot rise in sea level would put Miami underwater.
Looking for a community that is not a summer scout camp. Don't need all the silly activities.
Look at the smaller parks - 120 lots or less. You can also find better rents at this level. If you don't plan on using a pool than a very basic park will do just fine. For more info on researching parks I suggest my book: Retirement in Florida Manufactured Homes & The Land-Lease Option
amzn.to/3c3UMPJ