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Being the BEST Operator
The greatest secret to business is learning how to be an exceptional Operator. This is the person who ensures the implementation of the overall strategy of the business.
In the mobile home park investing niche, I have found a near-limitless opportunity in underperforming parks. There are several reasons why they are underperforming, but I want to focus on the opportunity it creates. If you know how to maximize your communities you can repeat that strategy over and over again. This could be rent collection, filling vacancies etc etc
Being a savvy Operator coupled with Seller Financing removed 99% of your barriers and allows you to repeat it over and over again.
Recap:
Learn to operate communities at an effective level.
Learn creative financing to lower the barriers of entry and increase ROI.