Mobile home parks are the scapegoats of the real estate investment world. Perhaps one of why most investors ignore this lucrative asset class, other than self service laundry equipment Price obvious eye sore reasons and the negative connotation along with mobile home parks, is because suppose it requires significantly up front cash and a personal income statement well above their means. This might be true if you were trying to finance your property through a large bank, however many mobile home parks are purchased with much below 20% down is actually little financial reserves in the budget. These parks are purchased through owner carried notes.

If what happens you are doing, buying, improving, immediately after which it selling an apartment building can be one belonging to the surest solutions to make an enormous profit instantly estate. So why ?? The size of the investment enable. Making a 10% profit on a million-dollar rentals are more profitable than on the $100,000 real estate asset. But it isn't just the dimensions the struggle.

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