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Updated over 4 years ago on . Most recent reply

Buying a trailer park
I came across an off market small trailer park the other day. Found the owners number and talked with him briefly. Its 5 trailers 5 separate septic tanks and all homes are occupied. He makes 3000 a month off rentals and it sits on 3 acres of land. He is asking 300k. How do I put a deal like this together. I am Still a rookie at best. I have 2 rental properties under my belt and I think this would be a great transition
Most Popular Reply

Have a good look first on the market in that area. Is 3K net income? It seems high. It could be a great opportunity.
Investing in trailer park is a good investment opportunity.