Everyone needs better investment vehicles to secure their future. Â Renting land is one of the most secure investments an investor can ever make.
Land rental - when it comes to mobile home parks - is much less complex than it is with regard to purchasing homes and making repairs.
Investors are renting land for home use. Â Typically, at approximately $300 per month, a 400 unit mobile home park can produce $120,000 a month in total revenue or $1,440,000 per year!
If that same park cost you - the investor - $5,000,000 - that park could pay for itself in approximately 5 short years (as park operating costs run about 20-30% per year)! Â Now, we know that most investors don't have this kind of cash laying around. Â But, if we can get together a group of investors to make several purchases, the income from these assets can and will be lucrative.
Warren Buffett invests in mobile homes and mobile home parks! Â He's the richest man in America! Â If he's doing it, don't you think you should be too as a part of your investment portfolio?
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