The Only Solution To The Affordable Housing Crisis

Over 20% of American households have incomes of $20,000 per year or less. Over 50% of American households are on some type of social subsidy. And there are 10,000 baby boomers retiring in the U.S. per day into social security checks that average only $1,200 per month. So where do we stick all these poor people? The answer is clear: mobile home parks. In the article “The Cold, Hard Lessons of Mobile Home U”, the author, Gary Rivlin, describes in detail the real estate sector that is able to provide basic shelter – and the American Dream of home ownership – to roughly 8% of the U.S. population.

The article is centered around the business model of Frank Rolfe & Dave Reynolds, who are the 15th largest owners of mobile home parks in the U.S. It describes, in detail, how the affordable housing industry works, and the sacrifices that have to be made in order to provide safe, affordable shelter to people on budgets of roughly $500 per month. If there’s a solution to the housing crisis, then this exemplifies the way out, and the direction that smart investors should be taking.

Here is a link to the article titled “The Cold, Hard Lessons Of Mobile Home U”

By Frank Rolfe

Frank Rolfe has been an investor in mobile home parks for almost 30 years, and has owned and operated hundreds of mobile home parks during that time. He is currently ranked, with his partner Dave Reynolds, as the 5th largest mobile home park owner in the U.S., with over 250 communities spread out over 25 states. Along the way, Frank began writing about the industry, and his books, coupled with those of his partner Dave Reynolds, evolved into a course and boot camp on mobile home park investing that has become the leader in this niche of commercial real estate.