A Fast Growing Real Estate Podcast!
Aug. 23, 2024

499: There’s A Lot Of Money On The Sidelines To Buy Mobile Home Parks

499: There’s A Lot Of Money On The Sidelines To Buy Mobile Home Parks

Investing in large metro markets mitigates a lot of risk compared to smaller markets. In these markets, it’s easier to find tenants, banks, contractors, and other resources necessary to operate Mobile Home Parks. Ryan Narus, co-founder of Archimedes Group, owns 85 Mobile Home Parks in the Southeast. To learn the business, Ryan moved into the first park he bought, and managed the property himself. Since then, Ryan has learned all aspects of running Mobile Home Parks, and has adapted to the many challenges that present themselves including dealing with an often-challenging tenant base.