Mobile Home Parks Have a Low Loan Default Rate

Welcome back to the Passive Mobile Home Park Investing Podcast hosted by me, Andrew Keel.

In this episode, I’m going to be talking about the sixth reason why you should invest in mobile home parks. Reason #6 is all about low loan default rates. Manufactured housing communities have a 50% lower loan default rate compared to multifamily apartment default rates. Today I’ll talk about those low loan default rates and share examples of some big names and success stories in manufactured housing.

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 to [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 - Hello and Welcome
• 00:40 - Reason #6: low loan default rates
• 00:47 - Mobile home default rates compared to multifamily apartment default rates
• 01:30 - Warren Buffet and Clayton Homes
• 02:35 - Sam Zell and Equity LifeStyle Properties
• 03:20 - Summary and Conclusion
• 03:42 - Pre-investment Checklist

Resources/Links:

• Keel Team, official website
• Andrew Keel, official website
• Andrew Keel, LinkedIn
• Facebook page
• Instagram page
• Twitter: @MHPinvestors
• YouTube channel