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@derekvickers885
Here's what I see when I walk through ANY mobile home park ๐Ÿ‘€ While most people see homes and lots, I see this formula in action. Every conversation with residents reveals NOI opportunities. Every maintenance issue shows where the cap rate could compress. ๐—ง๐—ต๐—ฒ ๐—ฟ๐—ฒ๐—ฎ๐—น ๐˜€๐—ฒ๐—ฐ๐—ฟ๐—ฒ๐˜? Most park owners don't even track their true NOI. They're guessing at their value. We bought our first park from an owner who thought it was worth $425K. After applying this formula correctly, it appraised at $1.75M in under 12 months. Same property. Different understanding of the numbers. Save this and start looking at parks differently ๐Ÿ“Œ #mobilehomeparks #realestateinvesting #duediligence #wealthbuilding #investing

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    • wealthbuilding
    • duediligence
    • investing
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    • mobilehomeparks