Jun 26, 2019
Why Smart Investors Are Thinking Twice About Mobile Home Park Investing With Self Directed IRAs
Have you ever wondered why some of the world’s most famous investors (like Warren Buffett and Sam Zell) love investing in the manufactured housing sector? Have you heard that institutional investors like REITs and insurance companies are now flocking to acquire mobile home parks?
Manufactured Home Communities are the only real estate asset class that is shrinking in size while the demand continues to rise. (Think affordable housing crisis.) The switching costs for mobile home park tenants are enormous, and they saw no downward trend during the Great Recession. About 10,000 Baby Boomers turn 65 daily, and a shocking 50% have less than $10,000 saved for retirement. But as many as 60% have home equity, and many of them are willing to trade in that equity for a mobile home park lifestyle.
Like Robert Helms of the Real Estate Guys Radio says: “Live where you want… Invest where it makes sense.” Check out this short video (10 minutes)
to see how you could profit from this often misunderstood asset class.
Paul Moore, Managing Partner
Paul Moore is a commercial real estate fund manager and author of The Perfect Investment. In his quest for recession-resistant assets for his funds, he stumbled into a surprise: Mobile Home Parks. Mobile home parks are perhaps the most recession-resistant asset class of all, and they are the only asset class with a shrinking supply and an ever-increasing demand.