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Mobile Home Park Investing. There is a lot of institutional money coming into this space. Most investors have to have a strong knowledge of the area in which they are looking to invest in. You can also find thousands of parks for sale without even leaving your house, by visiting such sites as mobilehomeparkstore.com and loopnet.com. It was common that there would only be one buyer putting an offer in or negotiating to purchase a specific park.
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Don’t let this fool you since i have come to learn that major corporations and wealthy individuals are now buying as many of these parks as possible. The mobile home park investor. This is great for investors who are looking for a great deal and don’t want to compete with the flood of new investors, homeowners, and institutional investors fighting for scraps with traditional real estate investments. The mobile home park is an industry that is not overly visible and seems to be somewhat uncommon as part of one’s investment portfolio. Mobile home park investing has helped billionaire sam zell become a commercial real estate investing legend. Incredible benefits of investing in a mobile home park.
There is a lot of institutional money coming into this space.
The cost of housing in the us has been increasing faster than people’s incomes for several years, now. Read now to get the info you need to know how to invest on mobile home park. Mobile home park investing prior to 2018. It was common that there would only be one buyer putting an offer in or negotiating to purchase a specific park. Experienced acquisition and knowledgeable mobile home park operators such as park street partners, are uniquely positioned to capitalize on this misunderstood asset class. Mobile home park investing is the best kept secret in the real estate investment industry. Pros of mobile home park investing mobile home parks have the potential to be great investments for a number of reasons. July 4, 2018 october 24, 2018 groenerm. It was a buyer�s market. Incredible benefits of investing in a mobile home park. Almost 33% of households in the us spend more than 30% of their annual income on housing.
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