Whether you like it or not, mobile home parks are quickly becoming the hottest investment asset class in the U.S. The combination of the 10,000 baby boomers entering retirement every day with very little savings and the zoning restrictions limiting the supply of MHPs creates a very rare investment profile, the likes of which is completely unparalleled.
However, it takes much more than a broad investment thesis to make investing in mobile home parks lucrative.
Today, we are joined by Ryan Smith who is a Managing Partner of Elevation Capital Group. Elevation has been investing in, adding value to, and selling mobile home parks for the last 15+ years. They have been involved, directly and indirectly, in the purchase of thousands of parks that are located all over the U.S.
In this episode, we discuss some of the benefits of investing in mobile home parks, strategies to add significant value to your properties, and management strategies which the pros utilize.
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