Helping 7 and 8-figure business owners create generational wealth, cashflow, and tax savings with Mobile Home Parks—no hassle, just results / 2030 Lots - 42 Communities / Host of the MHP Show Podcast
🔍 Wondering how to tell if a deal is worth your time? 🤔 It's all about underwriting! Episode #28 of The MHP Show breaks it down. Here are 3 key things you need:
1️⃣ Number of occupied Lots
2️⃣ Amount of lot rent
3️⃣ Utility setup
Watch Episode #28 to dive into why these details are crucial in underwriting deals!
Comment 28 and I'll send you the link to the episode!
💼💰 #RealEstateInvesting#Underwriting101
You know, when I was new, it was like, man, how do I tell if a deal is even good or not, right? How do I tell that? How do I actually look at a deal, see if it's good and see if it's even worth my time of putting in this time and effort? Right. And so when we're underwriting, there's a couple of different definitions of underwriting, but we're really determining the assets value or its ability to produce cash flow now and ongoing into the future. All right. So as we're talking about underwriting, you're calling sellers, you're on the phone with sellers, like what information do you need to actually figure out if this deal is good or not, right. So there's really a three basic things that you need. You need the number of lots. Really occupied lots and we'll talk about vacant pads valuing those here in the second, but we need the number of occupied lots, the amount of lot rent that they're paying and utility setup.
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Tune in now: https://lnkd.in/g3ncarGG
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https://lnkd.in/gVs3ytP7
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https://lnkd.in/gEMb3KG4
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Watch the episode now: https://lnkd.in/gEa56QaX
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Full episode:
https://bit.ly/3AHXEBv
