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Why Mobile Home Parks Are the Most Underappreciated Affordable Housing Asset ft. Amanda Cruise
Description
Pascal is joined by fellow Best Ever host, Amanda Cruise. This episode offers a comprehensive exploration of the mobile home park sector, highlighting its unique position as an affordable housing solution with declining supply. Amanda shares her journey from traditional real estate to becoming a successful mobile home park operator, providing valuable insights into the strategic decisions that drive success in this niche market.
Listeners will gain an understanding of the critical factors to consider when investing in mobile home parks, such as choosing between seasoned operators and emerging managers, and the importance of market size and demographic trends. Amanda discusses the benefits of depreciation and the macroeconomic advantages of mobile home parks, alongside practical strategies for infill, infrastructure upgrades, and value appreciation.
Amanda Cruise
Current role: Owner, Voyage Investing
Based in: Wake Forest, North Carolina
Where to find them:
https://www.linkedin.com/in/amandacruisemhpinvestor/
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Podcast production done by Outlier Audio
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