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Updated 9 months ago,
Creating your own Market
Recently, I was watching an interview with a Billionaire in which he mentioned that everyone who has become a billionaire has done so by creating their market.
These got me thinking a lot about real estate and the different niches that can be scaled. There has been more and more attention on mobile home parks over the last ten years. There is a family in my county that owns almost 60 communities and somewhere around 17,000. A family friend of theirs told me they probably net $200 Million a year from their parks.
This example made me look at what they have done and what aspects can be replicated over and over again where you not only scale but with momentum. Some niches allow you to scale but you get negative momentum as you grow.
My niche for the last few years has been small and medium-sized mobile home parks, I don't like RVs very much, I like to keep it simple.
What other niches within the manufactured home space are you guys finding success?