purchase of m obile home park - Posted by LARRY MCGEE

Posted by LARRY MCGEE on June 06, 2003 at 13:43:06:

RAY, THANK YOU FOR YOUR QUICK RESPONSE, OWNER ASKING $230K, BRINING IN $2200 PER MONTH, WITH POSSIBLE 5 MORE LOTS TO FILL. I WOULD NOT OFFER ANYWHERE THAT PRICE BUT I AM TRYING TO DO MY HOMEWORK BEFORE I MAKE A DECISION. THANK YOU AGAIN FOR THE ARTICLE REFERENCED,“WHAT’S IT WORTH”?

purchase of m obile home park - Posted by LARRY MCGEE

Posted by LARRY MCGEE on June 06, 2003 at 10:56:26:

COULD YOU PLEASE INFORM ME IF THERE IS A HOMEWORK FORMULA ONE CAN USE TO SEE IF THE SELLING PRICE, MONTHLY INCOME AND EXPENSES OF A MOBILE HOME PARK WILL SUPPORT A PROSPECTIVE BUYER DECIDING ON WHAT PRICE AND TERMS HE SHOULD MAKE TO THE CURRENT OWNER? ANY HELP WOULD GREATLY BE APPRECIATED!

Re: What’s it worth? - Posted by ray@lcorn

Posted by ray@lcorn on June 06, 2003 at 13:04:37:

Larry,

I just posted an article on that very topic. It’s titled “What’s it Worth?”, and can be found in the How-To Articles section of the website.

The direct URL is http://www.creonline.com/articles/art-216.html

ray