Top Asset classes COVID 19 and the next 2-3 years

[Mike B.]

Hey Everyone , just a couple questions

What are the top asset classes to invest in , now and for the next few years ?

What properties produce the highest cost seg returns ?

I know this may be a fully loaded question and I apologize . What type of asset classes are lenders ok with lower down payments and higher amortization schedules in this market

We just purchased a 23 unit mobile home park ( all park owned ) for 1.25 and a traditional bank is the only one who would offer a term sheet .

[Yonah Weiss]

@Mike B. congrats on the acquisition! 

To answer your second question, with the current 100% bonus depreciation rules, the best asset classes that can get the most 1st year bonus depreciation are: RV parks, Golf courses, MHP (with all tenant owned homes). All of these have the common attribute that there is a majority of the purchase price allocated to land improvements, which depreciate on a 15-year schedule, and are eligible for 100% bonus depreciation.