Skip to content
Mobile Home Park Investing

User Stats

728
Posts
609
Votes
Logan M.
Pro Member
  • Investor
  • Provo, UT
609
Votes |
728
Posts

Creating your own Market

Logan M.
Pro Member
  • Investor
  • Provo, UT
Posted Apr 22 2024, 09:13

Recently, I was watching an interview with a Billionaire in which he mentioned that everyone who has become a billionaire has done so by creating their market.

These got me thinking a lot about real estate and the different niches that can be scaled. There has been more and more attention on mobile home parks over the last ten years. There is a family in my county that owns almost 60 communities and somewhere around 17,000. A family friend of theirs told me they probably net $200 Million a year from their parks.

This example made me look at what they have done and what aspects can be replicated over and over again where you not only scale but with momentum. Some niches allow you to scale but you get negative momentum as you grow.

My niche for the last few years has been small and medium-sized mobile home parks, I don't like RVs very much, I like to keep it simple.

What other niches within the manufactured home space are you guys finding success?

User Stats

1,023
Posts
682
Votes
David Avery
  • Flipper/Rehabber
  • Phoenix Arizona
682
Votes |
1,023
Posts
David Avery
  • Flipper/Rehabber
  • Phoenix Arizona
Replied Apr 26 2024, 17:53

Have you ever considered selling your next egg.

Then doing it again?

Your very young and know the business well.

Just a thought. 

My son lives in Davis County and has his own personal window company and 12 houses worth $500,000  in great neighborhoods. 

Getting about $6500 positive cash flow a month and makes, $,15,000 . Works  like 65 hours a week.

Married with great wife and 4 kids 

I'm sure you both have the same drive in life.