6 Reasons Why Smart Real Estate Investors Are Buying Mobile Home Parks
Did you know that Mobile Home Parks have the highest rates of return of any type of real estate?
Did you know that Warren Buffet is the largest owner of Mobile Home manufacturing in the U.S.?
Would you like to know more?
Most investors don’t know the facts regarding Mobile Home Parks.
And that’s a shame, because there is more money to be made in mobile home parks than any other form of real estate right now.
6 Reasons to Invest in Mobile Home Parks
1. 47% of U.S. households are on some type of social program, and they are all potential mobile home park customers. The demand for affordable housing is soaring.
photo credit: akahawkeyefan SUNRISE ON THE OTHER SIDE OF THE FENCE via photopin (license)
2. There are over 10,000 baby boomers per day retiring, with social security checks that average only $14,000 per year – and they need affordable housing, too.
photo credit: Curtis Gregory Perry Spartan Mobile Home via photopin (license)
3. Mobile Home Park tenants can never leave – it costs $3,000 to move a mobile home.
photo credit: slworking2 Decaying Peyton Shores neon bar sign and trailer park at Desert Shores via photopin (license)
4. The bulk of Mobile Home Parks are still owned by the original “moms & pops” who built them – and they are able to offer seller financing at reasonable prices.
photo credit: Wavy1 Think Positive via photopin (license)
5. Mobile Home Parks typically sell for 10%+ cap rates, due to the scarcity of buyers who invest in this niche.
6. Mobile Home Parks are easy to operate and manage – you just rent the dirt. There’s no toilets to fix, or roofs to mend.
If you are interested in learning the mobile home park business, click here.
About the Author
MobileHomeUniversity is the #1 website for the mobile home park industry, and we’ve been producing only the finest materials on the industry for almost a decade. All books and courses come with a money-back guarantee.
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