Affordable Housing is the hottest arena in commercial real estate right now. With over 20% of Americans trying to live on $20,000 per year or less, the demand for mobile homes has never been higher -- and the big winners are the owners of the mobile home parks in which those customers reside. This trend will only continue to pick up steam in the years ahead, as evidenced by a recent interview with Warren Buffet (one of the largest owners of mobile home manufacturing and financing in the U.S.) in which he talks about the rapid speed of new U.S. household formations and the lack of housing options that they can afford. Case in point, apartment rents and occupancies have never been higher -- and the U.S. average apartment rent is over $1,000 per month. You can imagine the demand in the $500 per month price category, which is the market that most mobile home parks serve.
So how do you harness the affordable housing trend? The answer is in buying mobile home parks. But not just any park will succeed. You have to know the ins and outs of what separates the winners from the losers before you invest. This information can be found all over this site, from free mobile home park investing articles and our free mobile home park investing book that is available on download, to our book "The Mobile Home Park Investing 10/20 Method" and our more in-depth mobile home park home study course [1,000 pages and 50 hours of CDs] and The Mobile Home Park Investor's Boot Camp [a three day immersion event]. Everything you need to know about how to locate, evaluate, negotiate, perform due diligence on, finance, turn-around and operate a mobile home park is available right on this site. And the authors of the articles, books, courses and boot camps are Frank Rolfe and Dave Reynolds, who are the 32nd largest owners of mobile home parks in the U.S., with a portfolio of over $100,000,000 in parks and a nearly 20-year track record. That's why we are the resource that the professionals use to gather information on the industry, from large-scale investors in other asset classes, to appraisers, lenders and, of course, individuals who want to acquire mobile home parks.
We also provide, free of charge, a mobile home park investing forum on this site, that you can contribute to and learn from, as well as a monthly mobile home park newsletter. It has taken us years to assemble, write and record these materials, and we are very proud of them. In fact, our offerings are the #1 rated mobile home park educational products in the industry. That's because we don't just talk about the mobile home park business -- we do it.
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