Mobile home investing fortune builders

Get My Free Report Now And manufactured homes are no longer the dumpy cousins of stick-build residences. Numerous technological advances now allow homeowners to choose from different architectural styles and exterior finishes, as well as opt for two- or even three-story homes. Today, you can even jump in and customize your home, as I recently witnessed with one of my real estate customers, who bought a Clayton home.

Clayton allowed her to change the configuration of the inside of the home. Besides affordability and quality, there are several other trends that are boosting this industry, including: The proliferation of manufactured housing communities.

There are more than 43, land-leased communities in the U. And some of them are pretty amazing, in terms of amenities: swimming pools, golf courses, tennis courts, pickleball courts—you name it. For the community owners, rental rates rose 3.

The national occupancy rate is As you can see from the following graph, baby boomers who have begun hitting their golden ages are a growing demographic. The majority of manufactured homes are owned by those 50 and older, although you can see by the graph that the younger folks are also choosing this affordable housing option. SUI owns, operates, or has an interest in a portfolio of communities comprising , developed sites in 39 states and Canada, Puerto Rico and the U.

Equity LifeStyle Properties, Inc. You can definitely tell who is entitled and who isn't. Knowledge is valuable and sure, you could go online and get as much free information as possible. We were online trying to educate ourselves on how to get it done correctly. We didn't no any one successfully doing it, we didn't know any one doing it period. We had no background in real estate investing and were trying to soak up as much knowledge off YouTube or google as possible.

Obviously, getting just enough knowledge to understand the concept but we lacked the confidence to apply it because we don't have the systems in place to run a business sufficiently and successfully cuz we're not doing this to fail. My husband signed us up for the free work shop and I was immediately interested in attending the 3 day workshop because I figured they were gonna give us some great knowledge at that weekend workshop, which they did!

But once they offered to provide all the systems necessary to operate and perform as your own functional business, that's what really got me hyped.

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