Updated almost 6 years ago on . Most recent reply
Mobile Home Park Valuation
Found a 38 lot park that has been totally run down. Basically 0 income. 38 lots with water and sewer. All the homes will need to be removed and the roads re-scraped. My idea is to buy new mobile homes a few at a time, get them rented, buy a few more etc etc, How do I evaluate what the lots are worth without any income?
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Jay Hinrichs
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well one way maybe you set it up like the airlines.. their are monsters leasing companies that actually own the jets and the airlines lease them from them.
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