Originally Posted by
Air Stang 7
Mobile home parks and self storage seem like a good bet from some people I’ve been talking to.
Self storage was a great investment before it became known as a great investment. There are a lot more dollars chasing resales and new development these days. The spread between cap rates and cost of capital has been shrinking since 2012 and has just recently began opening up. If the spread continues opening there may be some more opportunities in the class B/A- properties in secondary and tertiary markets.
I'd love to learn more and possibly invest in mobile home parks. So far most of the ones I've seen have too many park owned homes. I want to be a lot landlord, not a mobile home landlord. Extended stay RV parks are a close cousin of the true MHP which may be an alternative.