WIP 1581: 7 Easy Ways to Raise the Cashflow and Value of a Mobile Home Park
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 14 October 2024
⏱️ 12 minutes
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| 0:00.0 | You're listening to Wholeselling Inc. episode number 1581. |
| 0:04.3 | You are going to have some turnover on tenants, fix their homes up, resell them, |
| 0:08.1 | and gradually start to upgrade your information guaranteed to raise your real estate wholesaling business with |
| 0:24.1 | actionable steps you can take immediately to navigate the ins and outs of |
| 0:28.1 | wholesaling and start making money today. |
| 0:30.6 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies for success |
| 0:37.0 | to enable you to duplicate their results. |
| 0:39.0 | You're listening to Wholesailing Inc. |
| 0:41.0 | The only show dedicated to making you a fortune in |
| 0:44.6 | wholesaling. So today we're gonna chat about one of my favorite topics and |
| 0:50.4 | that is mobile home parks and I'm going to talk about the seven easiest ways |
| 0:54.7 | to raise the cash flow and the value of a mobile home park. All right so let's chat |
| 1:01.6 | about the seven easiest ways to increase the cash flow and the value of your mobile home park. |
| 1:09.1 | Now the way to look at a mobile home park is more like a business and not like a piece of real estate. |
| 1:14.0 | So sure, you know, mobile home parks are real estate, the land, the dirt's, right? |
| 1:18.6 | We want to own the parking lot, but the way that you run that mobile home park really is going to determine the cash flow and the value of that park. |
| 1:28.0 | Why? Because, well, number one is that the more the park is worth, the more likely a bank is going to lend on it so |
| 1:34.4 | you'll be able to refinance that park or the more it will be worth to a future |
| 1:38.9 | buyer who says wow this thing is ready to go it's requires no work work. It's a cash machine. I'm willing to give you money for that park. |
| 1:46.4 | Or if you decide to keep it, well heck, who does it live like cash coming in month after month after month after month. Right. so all three of those scenarios is you |
| 1:55.7 | want to buy the asset you want to manage the asset well you want to increase |
| 1:59.6 | cash flow you want to reduce expenses you want it to great, and you either want to hold it for the long-term, |
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