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Updated about 1 year ago, 11/18/2023
Investing in Real Estate for the GREATER GOOD
In 2018, I purchased my first mobile home park. It had 12 occupied spaces and 3 vacant spaces.
Over the years, I began to fall in love with creating safe communities and filling vacant spaces.
Here in Utah, over the last five years, we have gone from $320,000 to $536,500, this number includes all types of housing, and single-family homes are even higher. My point is that housing in America has become extremely unaffordable, and I want to stress that it's not like buying an expensive hamburger, housing is essential, everyone needs it and if we don't create solutions as investors then everything we do is for ourselves and not for others.
PEOPLE MATTER MORE THAN THINGS.
My call to all Bigger Pockets investors is to find ways to make money while solving big problems for your community.
For me, this has become mobile home park investing. I am not bringing this up to get people to think I am special because my point is that all of you are capable of making your community better.
SOLVE THE PROBLEMS, BE THE SOLUTION. LEAVE AN IMPACT THAT IS WORTH LIVING FOR.
Below is a project that I am currently working on. We are planning to go from 16 spaces to 35 spaces and we will sell all of the homes at roughly $150,000 in a county where the median home price is $585,000.
For me, creating 19 new housing units that are non-subsidized by our already broke government IS WHAT I LIVE FOR.
I just want you to take a second after you read this to think of how you can make your community just a little bit better because you live and work there.