Author Archives: Pinnacle Park Homes

Park Model Manufactured Homes

• December 4, 2015
• by:  Pinnacle Park Homes 
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Looking for park model manufactured homes? Look no further, Pinnacle Park Homes is one of the country’s leading manufacturers of park model homes with a wide variety of models available for you to choose from.

Park model manufactured homes are homes manufactured to remain under 400 square feet (37 square meters). Because of the small footprint, park model homes qualify as recreational vehicles and offer the flexibility of transportation along with the security potential of permanent placement. Pinnacle’s park model manufactured homes are commonly used as cottages, vacation homes, retirement homes, or a home for anyone looking for a smaller, more flexible footprint.

Pinnacle offers a huge selection of park model manufactured homes, including options in rustic exterior models, vinyl sided models, and more. Look no further for the ideal park model manufactured homes, Pinnacle Park Homes is your source for custom park model homes.

Tax Advantages of Owning a Park Model Home

• December 4, 2015
• by:  Pinnacle Park Homes 
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Tax time is rapidly approaching, and all of us are looking for ways to reduce our tax liability.  One often overlooked deduction is the second home interest deduction.  What most people do not know is that a recreational vehicle may qualify as a “second home” for tax purposes.  What can be better than buying a new park model home and being able to deduct the interest of your loan from your taxes?!?

Here are the rules:

The IRS considers a boat or recreational vehicle (including park model home) to be a second home as long as it has sleeping, cooking, and bathroom facilities.  That’s right!  Your Pinnacle Park Homes recreational park trailer, cabin, or park model home may qualify as a second home–making you eligible to deduct the interest from the home.  Of course, we suggest that you consult your tax adviser before attempting to take any such deduction.

Now owning a park model home can come with the added benefit of knowing that you can deduct the interest of the purchase from your taxes.

Financing Your Park Model Purchase

• December 4, 2015
• by:  Pinnacle Park Homes 
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There have been a lot of changes over the past ten years in the recreational park model home industry.  The industry experienced very considerable growth between 2000 and 2007, and then–as you can imagine given the housing crisis–the park model home industry went into a tailspin.  This was a result of a number of factors, not the least of which is that there were few barriers to entry to “companies” building park model homes.  By this we mean that every Tom, Dick, and Harry thought it would be a great idea to build park models in their garage or workshop.

This led to the overabundance of super low cost, often shabbily built park models on the market.  In light of the contraction of the finance sector during this same period of time, lenders didn’t have the time, experience, or inclination to figure out which houses would be abandoned after a year or two (i.e., because they were falling apart) and which ones were built by solid, reputable companies such as Pinnacle Park Homes.  Tightening the purse strings on retail financing has resulted in a purge of the industry.  Most of these bad actors have gone on to other questionable endeavors and are no longer building park model homes.  Unfortunately, though, the consumer credit market for recreational park trailers is just now starting to make a bit of a comeback.

Here at Pinnacle Park Homes we understand that financing is likely an important part of your purchase decision.  We are working hard to identify retail lending sources for our customers, but in the meantime we have some advice that may help you find financing for your park model home:

1. Start Local.  Reach out to your current banker or credit union manager and explain to them that you are looking to purchase a recreational park trailer.  Characterize it as a recreational vehicle and stay away from creating the impression that it is a mobile home or a manufactured home.  Let them know that you will receive an MSO (manufacturer’s statement of origin), which is akin to a vehicle title which they can hold as collateral until the loan is satisfied.
2. Be persistent.  Don’t take no for an answer.  Remind your banker that you have good credit, a reasonable downpayment, and you have options as to where you do business.  No one likes to lose a customer, and if they finance boats or RVs then there is no reason that they shouldn’t finance your park model home.
3. Invite your loan officer to give us a call.  We know how to pitch park models to bankers so that they won’t misunderstand what it is they are considering lending against.
4. Consider using a credit card with a great rate.  There are some awesome credit offers out there right now.  Credit cards are often overlooked as a viable source of financing.
5. Tap into your home’s equity.  If you’ve got substantial equity in your home, your banker may feel more comfortable securing your park model purchase with that equity as collateral.  You’ll get the best available rate this way, and it’s a good way to introduce your banker to the park model lifestyle!

Of course, these are just a few suggestions.  We’d love to hear how you financed your recreational park trailer.  Give us a call or drop us a line to let us know how your financed your park model trailer!

Rustic Cabins Make Great Bug Out Shelters

• December 4, 2015
• by:  Pinnacle Park Homes 
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Well, the End of the World as We Know It (or TEOTWAWKI to the initiated) came and went, and we are still here and still going about our daily lives.  Still stopping at Starbucks for that cup of joe, and still wondering what we will do if things “go south.”  I know…it has become a bit of a tired refrain, but just because the world didn’t end we shouldn’t totally ignore the likelihood that someday in the future something bad may happen.  It may be a major disaster, or it may be a terrorist attack.  Government experts seem pretty settled on the fact that it’s not a question of “if” but “when” the Homeland will be struck by another devastating attack.

It’s not unreasonable to ask the question, “What will I do to protect my family if the worst case scenario happens?”.

Pinnacle Park Homes has been speaking with experts in the disaster preparedness field for awhile now, and we are on the verge of offering a really cool solution that addresses many of these concerns. Of course, having a tiny house plays right into the disaster preparedness mantra: simple is better.  That’s because large homes require more upkeep and more fuel to heat.  They can’t be located as easily in out-of-the-way locations.  They are more expensive to purchase or build.  The require large crews of tradesmen to build them, which means that lots of people know where your home is.  Tiny houses are delivered by a driver and setup by a crew of two or three guys.  There are typically no permits required to site a park model home, since its classified as a recreational vehicle and not as a house or structure.

If you are looking for a discreet “bug out location”, you should consider a park model home.  Park models are easy and fast to acquire, they don’t require public permits in most cases, and they can be tucked away in a discreet location.

Stay on the lookout for more information about our foray into disaster homes!

Campground Operators Bank on Park Models and Tiny Houses

• December 4, 2015
• by:  Pinnacle Park Homes 
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Campground operators around the country are discovering the benefits of owning park model homes and cabins as a source of revenue for their facilities.  Park model homes and cabins are really do make sense in a campground environment where building multi-unit accommodations is simply not an option.  Often, even if such accommodations are an option, it’s simply not as feasible as adding a park model home or cabin.  Here are a few reasons why park models simply make sense:

1. Adding hotel-like accommodations is often prohibited under zoning or other local laws and regulations.
2. Adding hotel-like accommodations is much more capital intensive, and the return on investment horizon is much longer.
3. Hotel-like accommodations would likely disturb the charm or attractiveness of the campground experience.
4. Guests who are searching for campgrounds are looking for more of an authentic camping experience.  The privacy of park model homes and cabins provides this experience.
5. Park model homes and cabins can be added incrementally over time, as opposed to all at once–such as in the construction of a hotel.
6. Park models homes and cabins are more affordable to heat and cool.  A larger building requires constant heating and cooling of largely unoccupied common areas and unoccupied rooms.
7. Additional “beds” can be added in a matter of weeks through the acquisition of park model homes or cabins, whereas the construction of a hotel takes much longer.
8. Park models are easier to care for than hotel-like accommodations.
9. Capturing additional revenue per guest is easier with park model homes or cabins, as the perceived value is higher than a hotel room (for which the guest has a more direct experience against which to compare costs).
10. Guests will fall in love with particular cabins, cottages, or park models–and they’ll keep coming back year-after-year.

These are just a few of the reasons why park models and cabins make sense for the campground or resort owner/operator.  Give us a call today to learn more about how Pinnacle Park Homes can help your campground or resort to meet its business objectives.

Small, Affordable Vacation Homes

• January 27, 2013
• by:  Pinnacle Park Homes 
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It’s amazing how people often overlook the critical question “how much house do I really need?” when planning their acquisition or construction of a vacation home.  Every square foot of space carries an overhead: maintenance, utilities, furnishing, cleaning, etc.  And for what?  What is the purpose of all that extra space?

Park Model Homes are designed to a maximum of 400 square feet.  This permits them to be licensed as recreational vehicles instead of modular homes or permanent dwellings, but that doesn’t mean that you’ve got to sacrifice quality or amenities!  The tiny home movement has been all the rage this past year.  And why not?  It’s sensible.  Affordable.  Sustainable.

By sustainable we aren’t just talking about environmentally sustainable, we are also talking about creating a sustainable lifestyle that provides all of the upside without much of the downside.  In some cases, this means downsizing in order to get that upside.  Sure, sure…here at Pinnacle Park Homes we know that this may sound a bit odd.  Get more enjoyment out of less home.  But…again…we would ask the question: how much space do you really need in a vacation home?

Walk through your own home in your mind.  How much time do you spend in the various rooms?  We think that you’ll discover that you spend much of your time in one or two rooms.  Now think about how you would ideally design those spaces for the most enjoyment.  For some people that means emphasizing the kitchen, while for others it means a focus on the porch or the living room.  Some folks love a large bedroom, while others just need a place to lay their head until the next morning.

Park model homes are the ideal tiny homes.  They are affordable, attractive, and fully customizable.  Pinnacle Park Homes is the quality leader in the park model home industry.  We build the highest quality homes, and we offer them at a fair price.  We don’t cut corners when it comes to fabricating our park homes, because we know that you expect quality.  And that’s exactly what Pinnacle Park Homes provides: quality tiny homes at an affordable price.

Tiny Houses are Nothing New

• January 8, 2013
• by:  Pinnacle Park Homes 
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Tiny houses are all the rage right now.  These ultra small, affordable homes and vacation homes can be site built or built on a vehicle chassis and are sometimes the product of a do-it-yourself project and sometimes a manufactured or custom built project.  What they have in common is…well…that they are tiny, and they are houses.

But the idea of tiny houses is nothing new.  The recreational park trailer industry was spawned back in the 80s to provide an alternative to larger HUD mobile homes and smaller travel trailers.  Having park models licensed as recreational vehicles was a savvy move that helped to launch the industry in retirement destination states like Florida and Arizona.  But over the past 30 years the industry has grown and matured.  The materials have improved substantially, and the vision of park model home manufacturers has kept pace with customer expectations for affordable, durable, and attractive temporary or vacation homes.

Pinnacle Park Homes has been on the leading edge of this tiny home industry.  Our product is as attractive as any park model or comparable site built structure on the market today.  That’s because we pay attention to detail.  We care about what the customer wants.  And every home is custom built with the customer’s expectations in mind.

Of course, the industry is undergoing yet another evolution.  The “back to the basics” sensibility that our parents and grandparents understood and embraced is re-emerging.  The idea that we need to surround ourselves with so much stuff is being challenged by those who simply need to unplug from time-to-time and get out of the rat race.  A tiny home is a manifestation of this need to declutter and simplify.

Let Pinnacle Park Homes help you to realize your dream of a simpler life.  Our tiny homes come in a wide range of motifs from rustic cabins to seaside cottages and everything in between.  We’ll show you just how affordable it can be to own your own custom built tiny home from Pinnacle Park Homes.