The Mentee Podcast

People often think of real estate investing as buying and flipping houses or renting apartments. But there’s another option that can be just as lucrative: mobile home parks.Derek Vickers joins me to talk about mobile home park investing. Investing in mobile home parks probably never even crossed your mind. But believe it or not, investing in mobile home parks could be a great way to build your portfolio and create passive income.Tune in to the episode to find out how to start investing in mobile home parks!Here are some power takeaways from today’s conversation:Search for trailer parksProvide affordable housingLook out for rent growthUnderwrite conservativelyInvest in capital improvementsEpisode Highlights:[05:33] Getting Into Trailer Park Investing There are many benefits to investing in mobile home parks. Tenants tend to stay for good, and the expense ratio is lower than the standard multifamily. Here are some steps to get started: 1.) Find a list of mobile home parks. 2.) Drive out and talk to the own