
#10: Justin Donald
The BetterLife Podcast: Wealth | Real Estate Investing | Life
How to Buy a Mobile Home Park
When I buy a mobile home park, I'm looking for a three point spread. And so that's your difference between the cap rate and the interest rate. A three point spread is a 20% cash on cash return. So those would be kind of like the beginning lineup of what I would look for in purchasing.
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