Saturday, July 25, 2009

Why are mobile home parks the "red-headed stepchildren" of the commercial real estate investment world?

Mobile home park investors across the nation are raking in the dough while countless single family home real estate investors are struggling to turn a monthly profit. Okay, so it's not exactly like investing on Madison Ave. However, if you have the knowledge you can do just as well as the Donald Trump in real estate. Just ask Jim Clayton of Clayton homes who sold his company and portfolio of mobile home parks to Warren Buffet for a cool $1.7 Billion dollars!
Why are mobile home parks the "red-headed stepchildren" of the commercial real estate investment world? Read More --> Creating a Lifetime of Cash Flow and Equity through Mobile Home and Mobile Home Park Investing!

In order to take advantage of this hidden opportunity, some investors will need to free up a few pre-conceived attitudes about manufactured homes. Here is a good place to start.

The Southeast Symposium for MH Community Owners will be held Thursday, August 27, at the DoubleTree Guest Suites - Galleria in Atlanta. The first-time event is being sponsored by the Georgia Manufactured Housing Association, and will feature a welcome and “Why we’re here” presentation by industry consultant George Allen.

MHI Executive Vice-President Thayer Long will offer a national perspective on issues facing Mobile Home Park owners. The morning general session will also feature presentations on a variety of topics tentatively scheduled to include:


  • A Case Study – 18 Years of Owner Financing of Manufactured Homes in parks


  • Reducing Your Tax Burden through Cost Segregation & Cost Allocation


  • Insurance Options to Reduce Costs & Generate Profits


  • Efficient Marketing to Generate mobile home Buyers in Your Community



The afternoon session will be headlined by an interactive discussion with manufacturers on the design and pricing of affordable homes specifically for purchase, resale and owner-financing by community owners The registration fee for the event is $75 and includes lunch, internet access and a hosted reception at the end of the day. For up-to-date information and details, please go to http://mobilehomenews.com/stories.php?nid=8129


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