Mobile Home Park Investing
Buy and operate mobile home parks, which are further along in consolidation than RV parks. Three publicly traded REITs exist in this space (Sun Communities, Equity Lifestyle Properties). Management is similar to apartment buildings. Parks can be bought with partners and sold as a portfolio. Good for passive income with long-term tenants.
Startup Budget
$50K – $5000K
Difficulty
Intermediate
Business Type
Offline
Location
Suburban
Time Commitment
Full-time
Revenue Potential
Steady cash flow from monthly lot rents; portfolio appreciation upon sale; sector is recession-resistant as affordable housing
Skills Needed
Watch the Full Breakdown
Watch on YouTube — Chris Koerner
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