Trailer Cash is today's most comprehensive and practical introduction to Mobile Home Park investments. In her no-nonsense guidebook, Jamie Smith shares the dos and don'ts from her own personal experience in order to supply you with everything you need to know to get your MHP business started. Key topics . The wheres and whys behind prime MHP locations . A time-tested MHP property evaluation checklist . The nitty-gritties of contractual agreements . Ten deadly MPH myths to ignore . Information how to effectively work the market . The Success Capitalization Rate and Cash-on-Cash return . The ins and outs of profitable property maintenance . The moral providing housing for the poor.
1) It's filled with practical info about finding, purchasing, and managing mobile home parks 2) Easy to read 3) Not too lengthy 4) Illustrative anecdotes—the good and bad and what she learned from her mistakes 5) Fresh perspective on capitalism--she focuses on providing affordable housing and the need for people--even poor people--to enjoy the dignity that comes from owning their own home, humble though it be, while simultaneously becoming wealthy herself. And there's certainly nothing wrong with that.
What I disliked about this book:
1) Nothing. I’ve been recommending it to family and friends continuously since I finished it.