Jay Conner is joined by Jefferson Lilly of Park Avenue Partners.
Park Avenue Partners is a real estate investment partnership that invests in and operates mobile home parks nationwide.
It is their mission both to generate above-average risk-adjusted returns for their limited partners, as well as to increase the supply of affordable housing for low-income Americans.
Numbers-wise, what is a good deal? Learn the answer to this question by watching this short video.
For more valuable information click on this link and watch the complete episode: https://youtu.be/zPxVtNFSdrc – “Own A Mobile Home Park Now! with Jefferson Lilly & Jay Conner, The Private Money Authority”
Have you read Jay’s new book: Where to Get The Money Now? It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
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Jay Conner:
Do you have a simple or easy to understand formula on the siding or showing you the numbers as to what makes, or what numbers wise? What is a good deal?
Jefferson Lilly:
We do have a financial model internally that we put in a bunch of those variables, distance and super Walmart household income average house price. You also just have to know the business well enough to sort of have it resonate with you. Like some deals again, kind of seemed to check all the boxes they just don’t sit well in my gut. Others might miss several of those boxes. I’ve got a good gut feeling about it. We do have our own financial model and checklists, but ultimately you’ve just got like any business. You’ve just got to know it well enough to then just kind of make a more holistic decision and just see if it really is something that you think is gonna work out.
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