The 3 Ways to Find Profitable Properties that Big …

The 3 Ways to Find Profitable Properties that Big …

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The 3 Ways to Find Profitable Properties that Big …



Mobile home park investing wasn’t very attractive until a few years ago. Thanks to big names in the mobile home park space (like BiggerPockets’ own Brandon Turner), the mobile home investing game has become one of the hottest commodities in the world of real estate investing. But it must take a huge jump to go from investing in single-family rentals to double-digit-unit parks, right?

Today’s guest, Amanda Cruise, is here to tell you that bigger doesn’t always mean more challenging. She actually got out of single-family rental investing due to the non-stop headaches of dealing with contractors, property managers, and tenant maintenance problems. She started doing “Lonnie Deals” where she would seller-finance mobile homes to local buyers. Soon, after enough success, she moved on to tackling entire mobile home parks!

But how did Amanda beat out the competition when the mobile home park space is so hot? Thankfully, Amanda shares her three top tips on getting around institutional investors so you can purchase cash-flowing mobile home parks, without the headaches of syndicating or raising vast amounts of capital.

David:
This is the BiggerPockets podcast show 596.

Amanda:
Is anybody ever ready to invest in real estate, right? I think it comes back to, you can do it from a day one. I talk with a ton of commercial real estate investors and everybody thinks the same. There’s no reason to… You have to start in single family. If that’s where you want to start, that’s awesome. You could also just learn about mobile home parks and go buy a 15 or 20 lot park, and that can be your first investment.

David:
What’s going on everyone. Is David Greene, your host of the BiggerPockets real estate podcast, the best place for you to be if you want to build wealth through real estate, if you’re looking to find freedom for your life, if you’re looking to find more money, if you’re looking to find a way to exercise your creative juices and your God given talents, you…