You are currently viewing Flipping America 134, Mobile Home Parks

Flipping America 134, Mobile Home Parks

Expected Air Date: 03/24/18

Opening

Mobile Home Parks can be a solid way to build wealth in a real estate portfolio.

Good morning everyone. My father always used to say, “invest in dirt — they are not making any more of it.” True wisdom. Today we are going to feature a real estate asset class where, if you can find it, you can make a 12-15% return on your money. The challenge is this – they aren’t making any more of them. What am I talking about? Mobile Home Parks. 

Mobile home parks have always gotten a bad rap, but the truth is, these parks provide low cost living environments for working class people, usually have a lower than normal crime rate compared to the immediately surrounding area, and offer an inexpensive way for anyone to put a roof over their head. Mobile home parks are often the butt of jokes and objects of scorn or derision from the more well-to-do. And the people getting elected to local offices more often than not come from the more well-to-do classes. Because of this, mobile home parks are being regulated and/or zoned right out of existence. 

My guest today is Jefferson Lilly, one of the founders of Park Street Partners and operator of mobilehomeparkinvestors.com. Jefferson will join us in a few moments and we will talk mobile home park investing. As a bonus today, after the show airs we are posting a dozen resource links around the internet for you to do some more reading on this subject. In addition to being a successful investor himself, Jefferson provides an opportunity for you to invest in his success and enjoy solid returns on a passive investment. 

How to Reach us

www.flippingamericanetwork.com

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

YouTube: bit.ly/FlippingAmericaOnYouTube

Linkedin: bit.ly/FlippingAmericaOnLinkedIn

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. 

Announcements:

  • My upcoming speaking engagements:
    • April 5, Chattanooga REIA
    • April 7, FlipStarter, Chattanooga
    • April 9, Savannah REIA
    • April 14, FlipStarter Savannah
    • April 21, FlipStarter Atlanta
  • Details on the website and at FlipStarterEvent.com

News: 

Special Guest

  • Jefferson Lilly

Motivational Thoughts for the day

  • “The dream is free. The hustle is sold separately.” – Unknown

Comment Line calls and Questions

Call 404-369-1018, press 1 and leave your message!