Financing Failures
Mobile Home Park Mastery
English - December 03, 2018 05:00 - 16 minutes - 14.8 MB - ★★★★★ - 375 ratingsInvesting Business Management mobile home parks mobile home university trailer parks manufactured housing frank rolfe dave reynolds commercial real estate mobile home investing alternative investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Big Management Fails
Next Episode: Market Fails
Real estate leverage is an essential part of mobile home park investing. Without it you cannot hit the typical 20% cash-on-cash yield. However, what happens when the buyer uses the leverage improperly? In this fourth of our five-part series on “Lessons Learned from Failed Parks” we’re going to examine how some mobile home park buyers set themselves up for failure by agreeing to lending terms that are impossible to conquer. If you want to keep your credit and your investment dollars, you’ll want to learn what these failures are and guard against them.