Commercial Real Estate Podcast

JF3741: Mobile Home Park Value-Add Deal Deep Dive: Turning a $1.3M Contract into a $650K Purchase ft. Amanda Cruise

Written by Joe Fairless | Dec 1, 2024 8:00:00 AM

 

 

Ash Patel and Amanda Cruz discuss Amanda's recent acquisition of a mobile home park, detailing the challenges and strategies involved in the deal. They explore the negotiation process, financial insights, and the importance of understanding property dynamics. Amanda shares her experiences with the previous owner, the slumlord, and how they navigated the complexities of the deal. The conversation also touches on funding strategies, lessons learned, and future plans for the property.

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