Thursday, June 17, 2021

What Makes Mobile Home Parks Unique From All Other Real Estate Niches | ...

There are many ways people can invest in real estate. There are single-family houses, commercial real estate such as shopping malls, there are multi-family, apartments, land, self-storage, and a lot more.

But what makes Jefferson Lilly choose mobile home parks?

Watch this short video now to find out!

For more valuable information click on this link and watch the complete episode: https://youtu.be/zPxVtNFSdrc – “Own A Mobile Home Park Now! with Jefferson Lilly & Jay Conner, The Private Money Authority”

Private Money Academy Conference:

https://jaysliveevent.com/live/?oprid=&ref=42135

Have you read Jay’s new book: Where to Get The Money Now? It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book

Free Webinar: http://bit.ly/jaymoneypodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.

What is Real Estate Investing? Live Private Money Academy Conference

https://youtu.be/QyeBbDOF4wo

YouTube Channel

https://www.youtube.com/c/RealEstateInvestingWithJayConner

iTunes:

https://podcasts.apple.com/ca/podcast/private-money-academy-real-estate-investing-jay-conner/id1377723034

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Jay Conner:

There’s many ways people can invest in real estate. I mean, they’re single family houses, which is what I do primarily there are. As you said, commercial, I mean, there’s shopping malls and strips and then there’s multifamily there’s apartments and then there’s land. And then there are self storage and just on and on and on and on. And so what is it about investing in mobile home parks that perhaps brings with it a list of reasons to do that or benefits that maybe some of the other avenues don’t have?

Jefferson Lilly:

This is really the only niche in real estate where it’s illegal to build any more of it. If you’re in the apartment building business, at least when times are good and banks are lending, somebody is going to be putting up a competing apartment building, across the street, across town from you, same thing in self storage, nursing homes office, everything else continues to get built out. The supply curve continues to shift outwards in really all other real estate niches. Mobile home parks are unique because pretty much every city and County has said no more. There’s a great NIMBY aspect in this business, politicians on both sides of the aisle talk out of both sides of their mouth. They’ll all say, sure, they love affordable housing, but not in my backyard, no more mobile home parks. So it’s unique to be in a business where again, you’ll simply never have any more competition you do have competition. You’ll just never have any more.

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