Mobile Home Parks are Recession and Inflation Resistant

Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks about the #11 reason why you should start investing in trailer parks: mobile home parks are recession and inflation resistant. Mobile home park investing is a stable form of investment, even during times of recession and inflation. Between 2004 and 2018, operating income from mobile home parks rose by 87%, even during the great recession in 2008. Andrew further explains why the risks of investing in mobile home parks are not as scary as you might think.

Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 1,300 lots under management. His team currently manages over 20 manufactured housing communities across nine states – AR, IA, IL, IN, MN, NE, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew’s team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com.

Would you like the pre-investment checklist that I use to review mobile home park deals before I invest in them? We are offering this as a free gift if you go to iTunes and leave a five-star review. To get the pre-investment checklist, leave us a five-star review on iTunes and then send us an email at [email protected]. In the email, please tell us who you are, what screen name you used to leave that review, and we’ll send the pre-investment checklist, directly to your inbox.

Talking Points:

• 00:20 - Welcome back to the Passive Mobile Home Park Investing Podcast
• 00:35 – Reason number 11: recession and inflation resistant characteristics
• 00:53 - Why mobile home parks are recession resistant
• 02:03 - Operating income from mobile home parks
• 02:55 - In conclusion
• 03:27 - The pre-investment checklist

Resources/Links:

Keel Team, official website

Andrew Keel, official website

Andrew Keel, LinkedIn

Facebook page

Instagram page

Twitter: @MHPinvestors

YouTube channel

 Quotes:

“Mobile home parks provide uncorrelated returns, meaning they perform well in strong and weak economic environments.” – Andrew Keel

“In our current portfolio, our COVID-19 collections were above 95% every single month.” – Andrew Keel

“Mobile home parks offer recession resistant and inflation resistant attributes that will help diversify your portfolio and prepare it for a downturn in the economic cycle.” – Andrew Keel

“Rental income has room to grow in excess of inflation annually, while not being dependent on any growth in GDP.” – Andrew Keel