EP 130 | Case Study: How To Add $500k On 20 Pads In One Year

2022-01-19

This week on The Mobile Home Park Lawyer Podcast, Ferd dives into a 20 pad home park that turned into a highly profitable investment in a very short amount of time. He uses this case study to emphasize how buying the right property is more important than the amount of volume of property you buy. If you’ve heard the expression less is more but never quite made sense of it — this episode will show you why, but most importantly, it will give you clear insights on the power of buying right. Highlights of the episode: 00:00:00 - Episode Introduction 00:00:33 -

This week on The Mobile Home Park Lawyer Podcast, Ferd dives into a 20 pad home park that turned into a highly profitable investment in a very short amount of time. He uses this case study to emphasize how buying the right property is more important than the amount of volume of property you buy. If you’ve heard the expression less is more but never quite made sense of it — this episode will show you why, but most importantly, it will give you clear insights on the power of buying right.

Highlights of the episode:

00:00:00 - Episode Introduction

00:00:33 - Start of the topic: What's your measuring stick?

00:02:40 - 20 Pads Home Park

00:03:21 - Renovation

00:03:27 - Market Rent

00:04:14 - Playground Amenity and Driveway

00:04:34 - 40,000 all in renovations

00:05:34 - Value Ad

00:06:07 - Easy Peasy Deal

00:06:43 - Lesson

00:07:06 - Septic Sewer Issue