RV parks and mobile home parks have two separate values: the land and structures, plus the operating business. Investors who evaluate both can spot opportunities to boost returns through better management or a valuable location.
I want you all to understand, and a lot of people don't understand this, like even for instance, like an RV park, right? When you're evaluating, and or the mobile home park, anything like that, you want to understand it's two separate things you're doing the value on. You're doing the value on the land, and then you're doing— or the land, buildings, all that. But then you're doing a value on the business because they're two completely separate things put together, right? Because on those when you understand the value of the land, the value of the business, there may be things that you can do to increase the value on one or both, right? So because somebody can be a really crappy business owner in a really awesome area, or somebody could be an awesome operator in a real, you know what I mean? Like, it's— so you need to understand both pieces and be running it from both directions. So that's what we want you to do with Deal Hunter.
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