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Mobile Home Financing Casa Grande AZ

The formula for a successful real estate deal has not changed. The elements are the same today as they have been since the first Neanderthal figured out he had the cave with the highest and best use (value).

Norris RV
(520) 836-7921
973 W. Hwy 84
Casa Grande, AZ
 
Owner's RV Rental of Arizona
(623) 247-3984
P.O. Box 5637
Glendale, AZ
Models Available
Toy Hauler Rentals

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Everything Powersports
(602) 689-6933
P.O. Box 42615
Phoenix, AZ
Models Available
powersport rentals

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Beaudry RV
(888) 563-5533
3200 E. Irvington
Tucson, AZ
 
Finnegans Family Van
(602) 944-1147
9665 N. Cave Creek Road
Phoenix, AZ
 
Jet Rent ATV and Rhino Rentals
(928) 314-4345
2869 S Pacific Ave
Yuma, AZ
Manufacturers
Rhino Rentals, UTV Renals, ATV Rentals, Imperial Sand Dunes, Toy Hauler Rentals, Yuma Arizona, Yuma ATV Rentals

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Arizona Toy Hauler Rentals
(602) 402-1834
Phoenix, AZ
Models Available
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La Mesa Rv
(480) 615-5000
1740 S. Mesa Drive
Mesa, AZ
Models Available
Reyo 214

Freedom RV
(888) 514-0365
3735 E Irvington Road
Tucson, AZ
 
Robert Crist and Company RV
(800) 225-2134
2025 E. Main St.
Mesa, AZ
 
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Buy Your Mobile Home Park at the Intersection

Russell JamesSuccessful real estate and other investments usually require a business plan. The recent meltdown of our capital markets, equities (stock market) and housing bubble painfully illustrates that no business plan was being followed; rather society was resting on the inflationary momentum of irresponsible credit extension. Thus, the paper wealth illusion has been erased almost overnight, not to mention the disruption of business, individual lifestyles and tremendous uncertainty for the future. But, the harsh reality is that with every disaster, there is opportunity.

The formula for a successful real estate deal has not changed. The elements are the same today as they have been since the first Neanderthal figured out he had the cave with the highest and best use (value).

Capital markets are national.

The capital (money) to finance your mobile home park acquisition can be in the form of debt or equity. Debt capital includes loans from banks and financial institutions. As we discussed earlier, credit in the form of debt capital from banks is gut shot and moaning in the thicket. But unlike the bushwhacker in the cowboy movies, it will not die, but live to work for us all again. It has too. Seventy percent of the U.S. economy is funded by consumer spending and our government (the invisible hand) is taking steps to make sure the appropriate aggregate demand drives us back to prosperity.

Banks will soon be providing low interest loans. Tip: Ask your local bank if it holds and services its own paper (loan). If the answer is yes, it is not securitized but remains in the community in which you are purchasing real estate. Good debt is leverage, and as Archimedes stated, with a long enough lever you can move the earth. Bad debt with high interest rates and onerous terms is bad business. Debt capital (loans) offered to you with fair interest rates but mandating over-collateralization should be re-negotiated. 

Equity capital includes private funding from friends and family members (sometimes, but not always the same people), local investors, maybe your doctor or plumber, and often involves selling stock or a percentage of ownership in your mobile home park. If you are confident with your numbers and can provide a return of 8 - 12%, equity capital may work for a particular deal. Offering unrealistic returns is a predicator of failure and scares money people away. Tip: Control investor influence through a well written shareholder's agreement and offer non-voting shares.  You can sell 95% of your stock and control 100% of the voting rights. 

Space markets are local.

Whether you utilize debt or equity capital, the challenge now becomes the space market. The space market is local and by definition it will always remain local. The money is the easy part. Understanding the space market well enough to invest your capital...

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