Fri, 3 July 2015
Cash Flow Friday Tip #25: Recap from my recent trip to Iowa to inspect a Mobile Home Park we are purchasing.
This week's cash flow Friday tip is a slightly different format than our other Friday shows in that it's not really a tip but a recap from my recent trip to Iowa where I was performing due diligence on a park we have under contract. This will be helpful for not only those who are interested in buying mobile home parks, but also for anyone who is looking for purchase an income property. At the end of the day, your job is to try and match up all of the pieces of the puzzle and identify the ones that don't fit and then determine why. In other words, create the factual story of how the property is really performing, not how the owner told you it was performing.