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Podcast: Mobile Home Park Mastery
Episode: Financial Options To Buy Homes To Fill Vacant Lots
Description: One of the key ways to increase the value of any mobile home park is to maximize its occupancy. Filling a vacant lot propels you from zero value to $30,000 to $100,000 of equity based on lot rent. And the only way to fill a vacant lot for most properties is for the park owner to buy the home – new or used – and bring it in themselves to then sell or rent. Because homes are capital intensive, the key driver to this activity is selecting the correct financial options to pay for these homes. In this episode of the Mobile Home Park...