Mobile Home Park Investing
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Updated over 1 year ago on . Most recent reply
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Manufactured/Mobile Home and RV Park Investing
I'm eager to gain insights from Manufactured/Mobile/RV Home Community investors and developers regarding the current economic climate. As affordable housing remains a critical concern, these housing options have a significant history of providing value to tenants and homeowners. I believe they'll continue to be relevant for both homeowners and tenants as housing costs are high.
Your thoughts on this investment landscape would be greatly appreciated!
Most Popular Reply
I would put Mobile Home Park investing up against any other asset class.
You tell me what other asset you can rent land to someone, have nearly a guaranteed tenant for decades and you can buy many communities for almost nothing.
Of the eight communities I have taken down 6 were seller-financed and the other two were a great deal. Of the 6 seller financed, 3 were nothing-down purchases.
YOU CAN'T BEAT IT!