Why would there be “no debt leverage” if you bought a piece of a MHP ? If it was sold in say 5 years wouldn’t your cash on cash return be the same as your partner that had his share outside of his IRA ?
I think I’ve heard the people you suggest speak at a 2008 MHP convention. Seemed smart as you say.
Karl Warner puts together some very large deals , sometimes around 20 mill + . He usually projects about 9-11% a year with a 16-18 % return on investment when it’s sold.
Thanks, your comments are very helpful.