It's Been Awhile
Friday, January 02
Hey everyone my apologies for the lack of updates. The Christmas season has been a whirlwind and writing on my blog was one of those things that kept getting pushed back. Now that I am back in the regular swing of things it's time to give everyone an update on where this property is at.So as we e...
Due Diligence: It Changes Everything
Wednesday, December 10
So here we are after a very simple and easy negotiation. We have this lovely mobile home park locked up under contract at a 14.6 cap based on the stated income and expenses. We have 60 days from the day we receive our entire diligence list that we submitted to the sellers to complete our full dil...
Shifting into Park (Mobile Home that is)
Saturday, December 06
I wanted to write a blog about our first mobile home park that my wife and I are in the process of purchasing. This first blog will be a run down on the property and why we like it. As we go through our processes I will keep these updated as a walk through on our progress towards owning the park....