Has anyone ever collected from scouting out a mobile home park and assigned it to an investor? Do the rules change? Lets say I wrote up one for 5 million. To a builder or investor this land w/ sewer, water, and power which is dividable is worth around 10 million. 1.5% of 5 million is a $75,000 cut. This isn’t that for fetched either because Mr. and Mrs. Jones who have owned the park for 30yrs think they’re are getting an excellent deal and can finally wipe their hands clean. Sorry, trailer owners and space renters have to go! Does this make me a slim ball? Hasn’t been done yet…but, I am just a novice and looking for some feed back.
Scottie