Painting and sculpting requires creative thinking. But it doesn’t make any money. Indeed, creative deal making has limitations. In this Mobile Home Park Mastery podcast we’re going to review what you can and can’t accomplish with creative thinking when it comes to successful deals.
Listen To Episode 197The May 2021 Mobile Home Park Investing Newsletter
A common question we receive is “What would it take to replace my salary with a mobile home park?” We’ll be answering that question on this event titled “Swapping Your Salary With Spaces”. We go over the mathematics of how to replace $50,000, $100,000, $250,000 and $500,000 salary ranges with a comparable income from mobile home park investing, including what the playbook would look like.
Listen To The AudioMobile home retail dealers are typically all about selling new homes – mostly to people putting them out on their farm or ranch. But there’s another side to the retail story. In this Mobile Home Park Mastery podcast we’re going to discuss strategies to have dealers bring in and sell homes inside your mobile home park.
Listen To Episode 196There’s no better way to illustrate how the mobile home park business works than with a case study, so here’s a property in Colorado that we purchased, brought back to life, and sold years later – including all the numbers and how the profit drivers worked. As you will see, there’s a certain repetitive pattern to making money with mobile home parks.
Watch The VideoThere’s a huge demand for affordable housing in the U.S. and one of the best ways to drive a mobile home park’s net income and value is through filling vacant lots. However, not all parks are created equal in this regard. In this episode we review the factors that can make a mobile home park incapable of filling lots in the correct manner, and this may well lead you to pass on that deal.
Listen To Episode 195All mobile home park owners are striving to find new ways to improve the quality of life in their properties and, in return, feel warranted in raising lot rents to market levels. And one area in which many properties fail to meet their full potential is in ambient lighting – both for security and aesthetic reasons. High-qualify security lights look good in both day and night and give a much-appreciated form of extra value to your residents.
Watch The VideoJust as cicadas come out of the earth around every five years, so does the concept that there is a solution to affordable housing in placing mobile homes on vacant single-family residential lots. In this Mobile Home Park Mastery podcast we’re going to expose why this has always been a doomed idea and the reasons that it keeps coming up in conversations on a cyclical basis.
Listen To Episode 194Mobile home parks have outperformed virtually all other sectors of real estate in recent years. But that’s only about to accelerate. The net effect of the new America – created by the impact from the pandemic, urban unrest, and the Biden administration – is about to create an environment in which all other sectors of American real estate take a beating and mobile home park revenues and values soar.
Read MoreIf you ask most clients at the Mobile Home Park Investor’s Boot Camp how they heard of the event, it’s typically from someone they know who had attended.
Watch The VideoMark Cuban recently said that “the intrinsic value of anything – Bitcoin, an ounce of gold, or a share of GameStop – is simply what people believe it is. Nothing else matters.” That has to be the worst investing theory of all time, and is the root of all speculative bubbles. In this Mobile Home Park Mastery podcast we’re going to discuss the concept of actually “investing” as opposed to “speculating” and why mobile home parks are not rooted in the whim of the public but in cold, hard cash.
Listen To Episode 193