Matthew Parker

I'm a marine engineer and I'm 28 years old. My parents have always been successful and when they decided to transition from earned income to passive they chose rentals. My father enjoys manufactured homes more than houses. He says the cost is very cheap and the return is amazing. He doesn't make a trailer park style living. He has about 1 manufactured home per acre. South Mississippi property is very affordable. I have had many people tell me manufactured is not an asset and loses value. I tell them so is buying a new taxi. The car isn't getting more valuable. Oil changes, new tires, tune up. But the taxi driver hopes if the car can last 10 years and he pays it off in 1-2 years he can see a lot of profit in years to come. I like the fact that with manufactured homes they can be sold and moved so you keep your property. It's time to start my rental dream and take my dads advice. He's a smart guy owning 5 houses and 9 manufactured homes. I'm hoping bigger pockets can help me go further than my parents ever dreamed. Back woods south Mississippi isn't the most valuable real estate around but it will do for now!