Wealth Formula Podcast

147: Are Mobile Home Parks Right for You?


Listen Later

As you know, I have been on a kick to challenge myself to learn more about things that I don't know about and to challenge my personal investing dogmas. Recently, you saw me come out of the proverbial gold closet and proclaim that I don't see the point of owning physical gold. You can hedge the economy with appreciating real estate with leveraged debt and cash flow to boot. Who needs gold? Again. Please write me and prove me wrong but that's where I'm at right now when it comes to this beautiful but useless precious metal. On the other hand, there are areas that I went into thinking that I would be more excited about than I ended up being. To be honest, mobile home parks were one of those. I started looking at mobile home parks and mobile home funds recently expecting yield to be significantly better than apartments. No one buys low income housing for appreciation so I figured the cash flow must be super high and the tax advantages must be off the charts. But honestly, that's not what I found and so I'm back to being a true blue apartment investor. Recently, I got asked if I would like to have Jefferson Lilly on my show. I looked at his bio and was pretty impressed. He's a Wharton business school guy who lives in San Francisco. He's obviously smart. Furthermore, his bio said that mobile home parks were BETTER than apartments as an investment. So, I figured if anyone could convince me to leave my happy place outside of apartments it was him. So, on this week's Wealth Formula Podcast, you will hear that conversation and will give you a chance to make a decision for yourself. Don't miss this the show.
...more
View all episodesView all episodes
Download on the App Store

Wealth Formula PodcastBy Buck Joffrey

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

402 ratings


More shows like Wealth Formula Podcast

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,726 Listeners

The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,675 Listeners

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

703 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,835 Listeners

Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

Creating Wealth Real Estate Investing with Jason Hartman

535 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

603 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

582 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

967 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

408 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

426 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

512 Listeners

Real Estate News: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Estate News: Real Estate Investing Podcast

564 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

721 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,033 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

135 Listeners