The Impact of Economic Trends on Mobile Home Park Investments

[Logan M.]

One constant is change, which applies to the economy more than anything.

Working in the mobile home park space has made one characteristic stick out: owning rentals at the absolute bottom of affordability gives you a lot of control and income potential.

We want good tenants and we want systems in place to remove the bad ones and that is how we run our business.

These are the realities when it comes to real estate trends in our economy nationwide:

1. Housing stock Supply Shortage

2. Shortage of prime buildable land

3. More government subsidies

4. Lack of affordable housing options

5. Zoning regulations

6. Immigration and births driving demand for entry-level housing

All of these factors provide a major opportunity for mobile home park investing. The shortage of affordable housing options creates a perfect scenario for filling units and rent growth while zoning regulations make it so there are almost no new communities being built. 

This means if you own a park, you won't have future competition at the entry-level affordability tiers and owning a park is more valuable because it is grandfathered 98% of the time.