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Real Estate Question on Yields

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Mage

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Nov 19, 2017
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I have a question on yield

How did he get the yield 23.09%?

This is from Lonnie Scruggs' book, Deals on Wheels
 
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MHP368

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Aug 17, 2016
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I have a question on yield

How did he get the yield 23.09%?

This is from Lonnie Scruggs' book, Deals on Wheels
Im at work so I cant poke into that right now but John Fedro is pretty well versed and very welcome to questions (google his name)

IMO post dodd frank lonnie deals are dead unless you dont mind skirting the law , not a low barrier (money wise) real estate entry point

You can however find a 10 to 20 unit park that might onpy require 20k down , but owning the parks is a different beast
 

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