New deal webinar this week, great new podcast ep.
Sunrise Capital Investors
Our mission is to help you generate cash flow and legacy wealth through commercial real estate investing.
We've got some great tips on mobile home park investing, an entertaining new podcast and a new deal webinar coming up!?
Let's dive into it.?
Join us this Wednesday to learn about a new Fund 4 deal
Join us for a?Live Webinar on our upcoming Fund 4 acquisition, a fantastic mobile home community in Madisonville, Kentucky.?
Without getting into too much detail here, this acquisition is a?223-unit?institutional-grade?mobile home community within 2 hours of Nashville, Louisville and St. Louis.?
With?majority tenant-owned homes, direct-billed sewer and water and an immediate $2.3 million in day one equity, we’re very excited about this one.?
Mobile home parks have some of the "stickiest" tenants...
Approximately 95% or more of mobile homes moved into a community never leave.
Why is this?
The primary reason behind this low turnover is the substantial cost associated with moving a mobile home.
While the expenses can vary depending on the market and the distance of the move, a general guideline is around $5,000 for a single-wide home and $10,000 for a double-wide.
The significant investment required to transport a mobile home acts as a deterrent to relocation to most park residents, fostering a sense of stability within the community.
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Residents tend to form long-lasting relationships and develop a strong sense of belonging, contributing to a close-knit and supportive neighborhood environment.
This stability and long-term residency have proven to be valuable assets for mobile home communities, providing a sense of security for both residents and investors alike.
The enduring presence of homeowners not only enhances the community's social fabric but also contributes to its overall financial sustainability.
For more on mobile home park investing (and our unique approach),?like and subscribe to the Facebook page here
Breaking Free: How Dustin Heiner Quit the 9-to-5 Through Smart Real Estate Investing
Dustin is the founder of the awesome real estate investing education brand "Master Passive Income" and the Real Estate Wealth Builders Conference.
After becoming "Successfully Unemployed" himself at 37 years old by investing in rental properties, he began his?real?mission: helping 1 million people learn how to do the same thing, through the power of real estate investing.
Dustin started Master Passive Income from his home back in 2015 – while being a full-time employee, a husband and father of 4 children, owner and operator of two other businesses?and?a?full time investor!
He is very passionate about his mission to help others become successfully unemployed through the power of real estate investing.??
To get the full episode:?tune in HERE
That's a wrap!