Buying Mobile Home Parks at $17K a Pad While Everyone Says There Are No Deals

Everyone's complaining there are no deals. Travis added 160 units in Q1, all off-market, none of them ever listed. In this episode:– The park a broker spotted driving past every day, with the seller collecting cash rent door to door at $180 a pad in a $450 market – The owner-finance structure: backing into the seller's income needs on a 15-year amortisation, in at $17K a pad – Bought at $1.1M, worth $3M after the next rent raise – Mitch's cold call to an 85-year-old exiting his portfolio – The CPA referral deal and the 6.1% bank debt with two years interest-only – Why every deal traces back to a relationship, and the transactional part is the easy partIf you're waiting for deals to hit the MLS, you'll wait forever.Making less than $120K a year in cash flow real estate? Come build with us inside the Zero to 100 Elite community. https://www.zeroto100tribe.com/joinelite