Making 20%+ cash-on-cash returns is easier than you think. You can't make it in stocks – that's why Warren Buffett is sitting on over $300 billion in cash since he knows the market is horribly overvalued. And you can't make it in Treasuries and CDs paying around 4%. To make big yields you have to look to "alternative investments" and mobile home parks definitely rank as the best of these.
So here's the scientific way to make 20%+ cash-on-cash yields with a simple "trailer park":
- Understand that you need a 3-point spread between the cap rate and the loan interest rate to hit 20%+ returns.
- Using that assumption, you need to find deals that have a positive point spread of at least one point (which yields around 10%) at purchase.
- Then increase that spread between the loan interest rate and initial buying cap ratee using a combination of 1) increasing lot rents to market levels 2) increasing occupancy and 3) cutting operating costs such as manager compensation and utility leaks, etc.
- It's a tried and true method that smart investors have been harnessing for over 50 years.
But is it really that simple? Yes, as long as you know what you're doing. And that's where the Mobile Home Park Investor's Boot Camp comes in. You'll learn the complete system of how to identify, evaluate, negotiate, perform due diligence on, renegotiate, finance, turn-around and operate mobile home parks, with extensive Q&A each night. And you'll come away with a complete reference library of every mobile home park in the U.S., every form and contract you should ever need, and professional-grade deal evaluation software. This Boot Camp is so good that roughly 30% of the Top 100 Largest Park Owners in the U.S. started with this very event. And it's held on-line so you have no travel time or cost.
The instructor is Frank Rolfe who is part of one of the ten largest park ownership groups in the U.S. with over 500 mobile home parks bought and sold over the past 30 years. He's been featured in everything from the New York Times to National Geographic. His delivery is fast-paced and fact-filled.
If you want to hit 20% cash-on-cash returns in the New Year, here's your chance. Sign up today.