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Application for Manufactured Home Community State of Michigan Michigan  Form

Application for Manufactured Home Community State of Michigan Michigan Form

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[Music] welcome to the passive Mobile Home Park investing podcast with your host Andrew Keel this is the podcast where you can get the education you need to invest 100% passively in the highly profitable niche of mobile home parks welcome to the passive Mobile Home Park investing podcast this is your host Andrew Keel and today I'm going to talk about top risk meaning buying part parks with small lots and small older homes I'm going to go on a little rant here I had a conversation with a broker earlier today and he basically wasn't understanding why I was wanting a 100 basis point cap rate higher for a park with all older you know flat and rounded roof homes and you know I was saying hey there's potentially going to be higher turnover here more than likely because of these older homes and you know home you know parks with more pitch roofs you know have newer newer homes right not always have they been maintained the same way but you can kind of tell right

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