Not Your Parents Mobile Homes:
How Investing in Parks Can Create Millions While Providing Affordable Housing
It’s hard for small-time real estate investors to imagine competing with the likes of Warren Buffett. But while the average investor can only dream of attaining those lofty heights, opportunities exist in the mobile home park marketplace to profit in a different product type from brick and mortar.
This meeting will be a preview of our upcoming Mobile Home Investing Workshop (https://icorockies.com/event/mobile-home-parks-investing-viable-investment-diversified-investors-looking-traction-cre-workshop/?instance_id=1055). Come attend to hear Frank Rolfe discuss:
Why mobile home parks:
Provide a viable form of affordable housing – especially for the nation’s low-wage earners and people living at or below the national poverty level.Have the highest capitalization rate of any real estate niche, roughly 7-12%, much higher than apartmentsHave very few, if any, new parks being built while the demand for them remains high – so parks continue to go up in value.
Although mobile home parks are considered a commercial assert, it's much easier for investors, even beginner investors, to enter this market. Don’t miss out on this great opportunity to diversify your portfolio with this unusual yet lucrative investment!
Our speaker this month features Frank Rolfe, the co-founder of Mobile Home University and has been an investor in mobile home parks for almost two decades. He is currently ranked, with his partner Dave Reynolds, as the 5th largest mobile home park owner in the U.S., with over 250 communities spread out over 25 states.
5:45pm - Registration opens & food served
6:30pm - Sharing Success / Haves & Wants
7:00pm - Main Meeting
8:30pm - End of Main Meeting/Continued Networking
Cost: Free to Members & First Time Guests. Subsequent meetings are $25 per individual