Ep #21: The Big Risk in Using a Sellers Repair and Maintenance Numbers When Running Evaluations
The Mobile Home Park Investing Podcast - Real Estate Investing Niche · Kevin Bupp
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Show Notes
Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 10 from our popular eBook, "The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them." We have all heard the phrase, "Use the seller's numbers" time and time again. This works great when you notice a seller is paying twice as much as they should for management or when your seller is paying for a utility you plan to pass through. However, this can quickly go awry when talking about repairs and maintenance, especially when the numbers are understated.
Recommended Resources
- Click Here to Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them