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IRE Investment
  • Appraising Mobile Home Parks & RV Resorts

How to Buy, Operate, Turnaround & Sell a MHP

Course Content

How to Buy a Mobile Home Park
Brief History of Mobile Home Parks
Calculating a Cap Rate
The Worst Deal We Have Ever Done
Determining Value and Coming up with a Price
Putting the Mobile Home Park Under Contract
Due Diligence
Third Party Reports
Cash In
How to Operate a Mobile Home Park
Cash Out
Managers – How to Find Them
Leases
Rules & Forms
Repairs
Grooming to Sell
How to Sell a Mobile Home Park
Coming Up With a Price
How to List it For Sale
Being Easy to Buy From
Successfully Closing
Types of Turnaround situations & solutions
How to Turn a Park Around and Survive Catastrophic Problems
Getting Everyone on your Side
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