There are many advantages of investing in mobile home parks. Among the most notable is cost per door, and the resulting benefits of consistency in cash flow, and overall annual and lifetime returns.
Why are investors so interested in mobile home parks today?Those that understand the math and advantages of mobile home parks as an asset class can’t help but be drawn to investing in them. Investors that are looking for more from their portfolios may be surprised that they haven’t been tuned into these investments before.
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Mobile home park investors should know the potential for the market they are investing in, the real value of the property, the real rents, real repair needs and costs, and how to protect themselves throughout the process.
Whatever your personal credit and financial situation, and belief about debt versus equity there are ways to structure mobile home park deals and gain leverage in a sound and flexible way. If you don’t like debt, even non-recourse loans, then use equity funding. If you don’t like having partners or splitting the pie, then use debt financing. Or mix it up with the two of them.
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Sam Zell is one of, if not the world’s largest investor in mobile home parks. How has this served him? What is his approach? What does the investing legend see ahead for the market?
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One of the big perks of mobile home park investing is the economy of scale. So how does this show up, what tangible advantages does this offer investors in this sector?
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In a world of economic uncertainty, disappointing returns, and out-dated investment strategies, where does an investor turn to find valuable insight about “on-trend” investments?
Great property management is key to unlocking the full potential of any real estate investment, and preserving the asset. So where and how can mobile home park investors secure good, affordable managers?
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