EWelcome to episode 35 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This is episode part 2 of the interview with Charles Becker, a professor in the economics department at Duke University. Charles discusses why corporate buyers tend to get the better deal, his research on the amount of rent being charged, and much more, on this week’s episode!
Key Takeaways:
[1:35] What kind of park buyers get the best deals?
[3:45] What are Charles’s thoughts on the mobile home park rent amount? Is it too little, is it too high?
[7:50] What will the rate of growth be in the next ten years?
[11:00] The nation needs to see this as affordable housing.
[11:25] Will financing options change for mobile home park buyers?
[12:50] Manufactured housing parks do not make neighbors richer.
[16:25] When Charles started off researching this industry, he was a bit skeptical, but the numbers clearly show that it’s a viable option for many people.
[17:40] Charles is always looking for new data, and he is currently very interested in turnover rates.
Mentioned in This Episode:
Park Street Partners www.parkstreetpartners.com
Mobile Home Park Investors www.mobilehomeparkinvestors.net
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to: deals@parkstreetpartners.net