ilmscore | My $1 Million Dollar Trailer Park Has Failed

My $1 Million Dollar Trailer Park Has Failed

Published: 2023-11-26
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Multiple trailer park owners who acquired properties during Coronavirus are experiencing severe problems, suggesting a trend of post-pandemic issues in this sector.
"Over the past 6 to9 months, I've actually talked to multiple trailer park owners and they're all having very severe problems with parks they acquired during Coronairus."
Trailer Park Investment Strategy
Pending
The speaker prefers acquiring land, demolishing existing trailer parks, and rebuilding with tiny homes, as tiny homes lack the stigma associated with traditional trailer parks.
"I would much rather buy some ground or property like a trailer park, bulldoze it, start it over with tiny homes because tiny homes don't have a stigma."
Trailer Park Investment Strategy
Pending
The trailer park sale is expected to close by the end of the month, generating $1.25 million upfront and approximately $1.5 million in total with interest.
"It's set to close by the end of the month. We'll get 1.25 million on the front end and then with some interest, it'll get closer to $1.5 million."
Trailer Park Sale
Pending
The company is implementing a strategy to divest all non-performing properties.
"We've just made a decision companywide to cut all of the non-performing properties."
Property Investment Strategy
Pending