Welcome back to the Passive Mobile Home Park Investing Podcast. My name is Andrew Keel I'm a real estate investment specialist, entrepreneur, fitness advocate and family man.

Today I’m talking about the second reason why you should invest in mobile home parks. Reason #2 is that the supply of mobile homes parks in the United States is shrinking every year. I’ll go over a couple of the biggest reasons why they’re disappearing, including the fact that they’re a loss leader for municipalities. I will also discuss what this means for investors.

Would you like the pre-investment checklist that I use to review mobile home park deals before I invest in them? We are offering this as a free gift if you go to iTunes and leave a five-star review. To get the pre-investment checklist, leave us a five-star review on iTunes and then send us an email at [email protected]. In the email, please tell us who you are, what screen name you used to leave that review, and we’ll send the pre-investment checklist, directly to your inbox.

 

Talking Points:

00:21 - Hello and Welcome

00:30 - Reason #2: The supply of mobile home parks is shrinking

01:10 - ‘Endangered: San Antonio’s Vanishing Mobile Home Parks and a Path for Preservation’ which was written by UT Austin

02:55 - Mobile home parks are a loss leader for municipalities

04:05 - Supply-and-demand

04:21 - Conclusion and thank you

04:33 - Pre-investment checklist

 

Resources/Links:

Keel Team, official website

Andrew Keel, official website

Andrew Keel:

LinkedIn

Facebook page

Instagram page

Twitter: @MHPinvestors

YouTube channel

 

Quotes:

“Reason #2 as to why you should invest in MHPs is because the supply of mobile home park properties in the United States is shrinking every single year.” – Andrew Keel

“There are roughly forty-four thousand manufactured home communities in the United States and mismanaged communities are being developed or shut down at an alarming rate. – Andrew Keel

“ECON 101 taught us about supply-and-demand. With this supply and off-the-charts demand, this could equal great opportunity, right?.” – Andrew Keel

“If you own one of the few or only mobile home parks in town, you’re the affordable housing equivalent of a standard oil company in 1910 and, yeah, you could possibly have a monopoly on the supply.” – Andrew Keel