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By Spring my confidence had increased and I approached the park owner with a radical approach. I had located the local mobile home park for sale. The price was right the a low occupancy frequency. I made my change. I suggested that he buy the park- there isn't any manage it- for a percentage of person. I would work for free- inturn for a percent within the deal. He liked band is built to and I found myself on cloud nine!
Income minus expenses equals net operating income (NOI). Net operating income minus debt service equals cashflow LA Serena Golf before tax returns. Cash flow before taxes subtract capital expenses equals net net income. Note that capital expenses do not reduce your NOI, and NOI determines your price.
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You can also take a short trip to Spain, any time you look at various Spanish properties of your preference and area. This would give you a great idea relating to your property and enable for you to definitely make a smarter leap of faith.