Updated almost 8 years ago on . Most recent reply
Would You Listen to This?
My business partner and I have spoken to several newbies who are interested in mobile home parks. One thing we have noticed is the lack of transparency on the industry. A few educators have done a fine job getting interest in the space. However, we feel there are many things left unsaid that people would want to know more about. Our industry lacks thought diversity.
We were thinking about releasing a podcast maybe once a month speaking to the lessons we have learned on the road. For the last 9 months, we have been the front office managers for a large asset (430 lots) in Atlanta as well as managing a few of our smaller assets (3 parks over 100+ lots in total) on the side.
Would anyone be interested in listening to this? Just curious.
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@Ian Tudor Interested in seeing your take on how you value MPHs, over and above the typical lot rent * # of lots - operating expenses and using the income approach (NOI/Cap Rate) to value a property.
Specific examples would really help in me developing a deeper understanding on the space.