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Old 11-08-2007, 10:45 PM
Tien Tien is offline
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Join Date: Oct 2005
Posts: 795
Default Re: Potential Real estate deal - comments appreciated

There isn't really much to add in terms of advice, but I have a few questions.

I have zero experience with mobile home parks and motels. What kind of a motel is this? A month long motel rental? I don't really see any of these in my area.

How would you proceed to run the mobile home park area? Trash the homes, and then advertise to lease the land to people who own mobile homes?


What's the population of the area? Low income housing?


Your 3 offers are absolute steals. Overall this is a killer deal, the 5plex / motel income is already worth the price you're paying for the property and what you do with the mobile home is just icing on the cake. Awesome work.
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