Mobile Home Parks and RV Facilities (2/2)
- cherifmedawar
- Jan 6, 2020
- 2 min read
In my new real estate training DVD series, I provide you with my methods for investing in mobile home parks and RV facilities. Often overlooked as investments, these types of properties offer an excellent return on investment and, if managed properly, can be very lucrative.
Return on Investment
Although RV facilities and campgrounds are profitable when managed properly, mobile home parks usually provide a higher return. In my real estate course, you will learn that you can typicallyenjoy a cap rate of 7% to 13%. In addition, research shows that during the recent housing crisis, the default rates on manufactured homes were much lower than for other types of residential properties. This makes investments in mobile home parksa wise choice.
Choosing Property
In my real estate training, I teach you what types of mobile home parks are the most profitable and how to locate those types of parks. Once you have chosen the property, I will teach you how to get control of the property and how to go about structuring your agreements. Using my proven methods, you will begin seeing a return on your investment fairly quickly.
Choosing a Management Company
Another key to successfully owning a mobile home park or RV facilityis to choose a good management company. By doing due diligence in choosing the right management company, you will be able to establish a steady income stream without having to be hands-on with the property. Many investors overlook the potential for investing in mobile home parks and RV facilitiesbecause they don’t consider them glamorous enough. People like me who have discovered the benefits to investing in such property, know just how lucrative they can be and I am happy to share my methods with you. For more information about my real estate courses, visit CMREI.
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