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Good Investments in Bad Times
Posted By leyvi01 On October 23. 2009 @ 16:47 In Property Management, Blogroll | No Comments
Good Investments In Bad Times
Many people overlook the obvious - but savvy investors recognize that manufactured home communities are blue chip investments. Unlike many businesses that have fluctuating incomes, retirement manufactured home communities have nearly recession proof incomes.
Know Your Market
The key is always knowing your market. Florida retirees are a savvy bunch. The are depression era children and they know how to save, and the understand value. Retirement manufactured home communities offer great “lifestyle” values. Sometimes referred to as “mobilehome parks” or parks offer a cohesive community with an activity magnet - the clubhouse. Most parks have a social fabric that binds people together much tighter than a typical residential development. These are key factors to the economic durability of this type of investment.
Knowledge Has Value
Like a beautifully cut many faceted diamond, manufactured home communities have a myriad of facts that an investor needs to know when they commit the resources necessary for a park acquisition. Amicorp Properties and Brokers has three generations of park construction, marketing and management of manufactured home communities. Check out Amicorp.us for more information or talk to Leyvi Titcomb at 305-587-0640.
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