JF3741: Mobile Home Park Value-Add Deal Deep Dive: Turning a $1.3M Contract into a $650K Purchase ft. Amanda Cruise
The Best Ever CRE Show
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Navigating Mobile Home Park Acquisition Challenges
This chapter explores the complexities of acquiring a neglected mobile home park owned by a slumlord, detailing the evaluation process and challenges faced due to the lack of transparency in financial documentation. The speakers discuss verification of tenant rent amidst absent leases and the investigative efforts made to gather necessary data. They also outline renovation plans for the properties and strategies for managing tenant issues while ensuring property upkeep.
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