Multi-park owner and manager of her own mobile home parks Laura Cochran believes that owning a mobile home park is the best investment - and attainable for anyone who wants to add a mobile home park investment to his or her portfolio.
"Purchasing a mobile home park is in my opinion, and based on my own 20 years of real-estate and mobile home park investing, the best alternative investment for the serious investor. I think every investor should own a mobile home park, and here is why:
- Low to zero vacancy rate
- Steady monthly income.
- Predictable monthly cash flow.
- Good return on investment.
- Investor has control over cash flow and vacancy rate.
- Additional opportunities to increase cash flow through rent raises and eliminating utility bills via pass-through billing.
- Mobile home parks hold their market value and appreciate in value.
- There is always a demand for affordable housing found in parks.
- You retain your initial nest egg that you purchased the park with - your investment dollars are intact."
