The Multifamily Real Estate Experiment Podcast
“Multifamily Real Estate Investing for the Career Professional.” Join Shelon "Hutch The Marine Investor" Hutchinson who talks to military veterans and real estate professionals about the results of their journey and multifamily real estate experiments. Each week, Hutch discusses Multifamily Real Estate Investing for Career Professionals and military veterans to help you build wealth and financial independence. Questions about Multifamily real estate investing are systematically dissected as your host works through observations and data to answer the week's question.
The Multifamily Real Estate Experiment Podcast
MFREE 117 Trailer # 3 with Kevin Bupp: What makes mobile home parks a long-term solution?
Kevin Bupp shares how he got started in mobile home park investing without knowing much at the time. What he did know was that the affordable housing crisis was real then, and it's even more urgent now.
Mobile home parks offer one of the best unsubsidized housing options in the country. For the same price as a rental apartment, families can own a brand new home in a better neighborhood and often in a stronger school district. The model creates real value and gives working families a shot at stability and pride in ownership.
It's not just an investment. It solves a real problem. Demand is rising. Supply is shrinking. And the opportunity is still out there for those paying attention.
#AffordableHousing #MobileHomeParks #ImpactInvesting
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Email me at:
hutch@hsquaredcapital.com
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What I did know is that the affordable housing crisis, was real 13 years ago when we started buying mobile home parks. It's even more real today. Mobile Home parks, offer, what I feel is the best unsubsidized housing option in any market across the country. You can take any of our mobile home parks in any city that we own across the country, and I can promise you that it's. A better quality than what you're gonna get for the same price point in an apartment complex. More than likely it's half the price of the same size stick build home. Our competitors are apartment complexes. we offer the American dream to those that would otherwise be renting an apartment, but for a much less price. They can live the American dream in a brand new mobile home than what they might be paying to live in a, B minus or C plus class apartment complex. It's a Very compelling picture that we can paint to, provide, a beautiful form of housing at a very affordable price. And so, I bought that first property, 13 years ago. Didn't know what I didn't know. Bought it, stabilized it, did a lot of improvements and it filled up very quickly. We made something very nice. It was in a good part of town. It was in. The good school district. So folks wanted to live there, wanted to raise their kids there, right? They wanna send their kids to the good schools or good, hardworking blue collar folks. but they need an affordable place to, to reside and raise their family, and that's what we provide. that hasn't changed. That's still the same storyline today.