2min chapter

The BetterLife Podcast: Wealth | Real Estate Investing | Life cover image

#10: Justin Donald

The BetterLife Podcast: Wealth | Real Estate Investing | Life

CHAPTER

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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