Mobile Homes Parkes

& RV Facilities

One often-overlooked type of commercial real estate is mobile home parkes and RV facilities.

For some investors, they may not seem particularly glamorous.

But for those who own these types of real estate and manage them correctly, they are more than happy keep this property type a secret-- and have all the profits to themselves.

A mobile home park is a subdivision of plots designed for sitting mobile/manufactured homes. For your tenants, it's a great alternative to owning a home or even renting an apartment.

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Specializing for Extra Profits

As the owner of a mobile home park, you rent plots to the mobile home owners—giving them a sense of ownership. Typically, they own the mobile home park, but not the land. In exchange for their rent, the residents get access to utilities and amenities.

RV facilities and campgrounds are slightly different from mobile home parks. Travelers generally park their RVs for a few days or weeks as opposed to setting up a permanent residence.

Between the two, mobile home parks are generally better moneymakers. You can typically enjoy a cap rate of 7% to 13%. Plus, defaults are currently lower for people buying manufactured homes!

In this online training, I’ll show you which mobile home parks to build or purchase and where to find them. Then I’ll demonstrate how to get control of the property and structure your agreements. If you do your due diligence and hire the right management company, you will soon be one of those few investors trying to keep this commercial property type a secret… a very profitable secret.

Not every mobile home park is the same. As an owner, you can have specialized parks that cater to low-income buyers, vacationers, and even retirees. As the demand for senior housing soars, there will be incredible opportunity in mobile home parkes.

You can customize your mobile home park to people on vacation or “snowbirds” who only live there half the year. Some parks even convert their spaces to a timeshare-type ownership.

Amenities vary as well. They are a great way to add value to your community and attract more tenants.

You can offer a:

Swimming pool
Clubhouse and game room
Shuffle board court
Tennis court
Etc.

When you are weighing your options for acquiring a property, specialized financing is available. For example, the Department of Agriculture offers very attractive financing in rural areas. And creative financing is very common when purchasing mobile home parks.

Top 12 Reasons to Own a Mobile Home Park

You can specialize or create a theme such as a retirement community, special needs facility, seasonal resort, campground, or low-income community
Zoning restrictions prevent the niche from becoming crowded
You can sell manufactured homes to Tenants for added stability
Having numerous Tenants lowers your risk
You can rehab manufactured homes very inexpensively and put them back in service
Stability: It costs approximately $3K to move a mobile home… so if tenants bought the mobile home and want to leave… they often abandon it or sell it to you at a tremendous discount
A hands-off investment: A manager does the day-to-day, while the occupants take care of mowing their lawn and maintaining their lots
There is a great feeling of satisfaction in helping those living with household incomes less than $20K (they represent 20% of U.S. residents—that’s over 60 million people)
It is a niche with less competition
Government and creative financing widely available
Low turnover: If you set it up right, Tenants will stay for years
You can add additional services to generate bonus income and fast appreciation

I Invite You to Follow my System for Success

The best investors, whether they succeed in stocks, real estate, etc. - have a business model. They may have it written down, or it may just exist in their head. But I assure you they have a formula they have acquired over time.

When I first started training people in the early 2000s, I noticed my students wanted to follow my investing model, the one I had perfected during my investing career. They didn't just want strategiez and techniques, they wanted the recipe - an exact list of ingredients for success. So I captured my formula for Commercial Real Estate investing with the FACTS system. Here is what FACTS stands for: