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Are Mobile Homes within a MHP really a good investment?

lot rent mobile home mobile home park Oct 03, 2023

I’ve had a lot of interest recently about mobile homes with lot rent. If you don’t already know the difference I suggest reading this earlier post.

This niche within niches is attractive to people because it requires much less cash to get started and the return on investment could be the highest of any asset class. Of course, there are some risks involved. Over the next few weeks, I’m going to go over more details.

These little aluminum castles are the cheapest way to get started owning real estate. Okay, most people won’t consider an aluminum box real estate and I agree with your side that there’s no land in the ownership, but we are providing housing and able to get wealthy at the same time. Therefore, it’s close enough to be considered real estate, at least real estate’s non-kissing cousin.

What price will have 1, 2, or maybe even 3 less zeros which is huge in the current market of heavily inflated prices. Yet the rent someone will pay to live in one doesn’t lose 1, 2, or 3 zeros!  This makes our return on investment much higher!  I’ll go over more detailed examples soon, but I shoot for a 100% return on my money 🤑. (No I didn’t typo an extra zero 😂)

Now that I have you on the edge of your seat I’ll continue next time with some of the common mistakes I see people making.

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