Should I CAP income from misclelanious fee's?

mobile home university
1

Looking at a park. The seller has income from fines, late fees, sales, sales of product, service fee’s. Should I take this income into account when doing my valuation?

Thanks,
Jason

2

Ask yourself if a bank/lender would count that income. Maybe some of it would be counted, but I don’t think the fines or late fees would be considered.

1 Like
3

I would say if it’s not predictable income you shouldn’t count it. Late fee, sales of products is definitely not predictable.

2 Likes