39 min

EP #122: How To Rate the Quality of a Mobile Home Par‪k‬ The Mobile Home Park Investing Podcast - Real Estate Investing Niche

    • Investing

In this episode, we discuss the practice in grading mobile home parks with the "star" rating (usually one to five stars), which exists for no other type of commercial real estate.
What makes this interesting is that almost no one who uses the rating knows what it means or where it comes from. Ask a broker, lender, or even large corporate operators what the difference is between a three-star and a five-star park, and you will likely get a muddled response referring to amenities, paved streets, or swimming pools, but no hard data about how the stars are assigned or who does it. 
Learn About Investment and Partnership Opportunities with Kevin and His Team 

In this episode, we discuss the practice in grading mobile home parks with the "star" rating (usually one to five stars), which exists for no other type of commercial real estate.
What makes this interesting is that almost no one who uses the rating knows what it means or where it comes from. Ask a broker, lender, or even large corporate operators what the difference is between a three-star and a five-star park, and you will likely get a muddled response referring to amenities, paved streets, or swimming pools, but no hard data about how the stars are assigned or who does it. 
Learn About Investment and Partnership Opportunities with Kevin and His Team 

39 min

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