Everything You Need To Know About Mobile Home Park Investing In 4 Minutes

Mobile home park investing is as complicated as any other form of real estate, but the drivers to profitability are a whole lot easier to understand, particularly as told in this video. Learn why the mobile home park industry is booming at the same time that the U.S. economy is collapsing, and why mobile home parks are the ultimate contrarian investment. 

Everything You Need To Know About Mobile Home Park Investing In 4 Minutes - Transcript

Frank Rolfe: Did you know that 20% of American households. That's right, the folks at work in fast food, gas stations and hotels or motels nationwide, they earn $20,000 per year or less doing those jobs that make America work.

And did you know that if you earn $20,000 per year or less, based on the government statistics, your budget for housing is $500 per month.

Did you also know that there are 10,000 baby boomers in the US retiring each and every day on combined Social Security payments of $14,000 per year for each household? Did you also know that if you earn $14,000 per year in your household, you have a budget which absolutely, at the maximum is $500 per month. So if you can earn $500 per month for housing, what options do you have?

A house in a subdivision? No, those average $1500 per month, the department? No, those average $1030 per month in the United States. What about a mobile home? In a Mobile Home Park? Yes, that's $500 per month.

There are only 50,000 mobile home parks in the entire United States, but there are 60 million people who need them. Think about that for a minute. When the supply, if anything, is lower than the demand for that, the result is profit if you own the asset. So how do you buy a Mobile Home Park?

Things that you should know about by mobile home parks. The first one is that moving to mobile home costs around $3000 to move. So basically, nobody ever can move their home out of your park, and occupancy is always high.

You only rent the land when you're on a Mobile Home Park, so there's no toilets to fix or issues like that, and the customers are relatively easy to please. They're just happy to have a roof over their head. So basically, mobile homes and mobile home parks equal money, and the returns are very high. Normally, 15% to 40% cash on cash.

As sellers will often carry the paper, and since few people know anything about Mobile Home Park investing, the competition is very low. So how can you learn more about Mobile Home Park investing? That's easy. Go to mobilehomeuniversity.com to learn everything you need to know about Mobile Home Park investing.