EWelcome to episode 35 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This is episode part 2 of the interview with Charles Becker, a professor in the economics department at Duke University. Charles discusses why corporate buyers tend to get the better deal, his research on the amount of rent being charged, and much more, on this week’s episode!
Key Takeaways:
[1:35] What kind of park buyers get the best deals?
[3:45] What are Charles’s thoughts on the mobile home park rent amount? Is it too little, is it too high?
[7:50] What will the rate of growth be in the next ten years?
[11:00] The nation needs to see this as affordable housing.
[11:25] Will financing options change for mobile home park buyers?
[12:50] Manufactured housing parks do not make neighbors richer.
[16:25] When Charles started off researching this industry, he was a bit skeptical, but the numbers clearly show that it’s a viable option for many people.
[17:40] Charles is always looking for new data, and he is currently very interested in turnover rates.
Mentioned in This Episode:
Park Street Partners www.parkstreetpartners.com
Mobile Home Park Investors www.mobilehomeparkinvestors.net
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to: deals@parkstreetpartners.net
Welcome to episode 34 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners.Charles Becker is a professor in the economics department at Duke University. Charles somehow convinced Duke University to take a bigger interest in the economics of trailer parks. Why does it make sense for a tenant to live in a mobile home park? Charles has studied the dynamics of the trailer park industry and is here to share his insights in a 2-part interview.
Key Takeaways:
[1:55] Charles is an expert in ‘Trailer Park Economics’.
[2:15] How did Charles convince Duke University that being a professor in trailer park economics was a good idea?
[4:45] Why does it make sense for a tenant to live in a mobile home park?
[10:35] Charles believes (although it hasn’t been proven yet) that well-run manufactured housing parks are likely to be associated with lower crime.
[14:00] Charles talks about the supply and demand dynamics of the mobile home park industry.
[19:00] Mobile home parks tend to have about a 50-year life span.
[19:55] Thanks for listening to the first half of Charles’s interview. Stay tuned next week for the second half!
Mentioned in This Episode:
www.mobilehomeparkinvestors.net
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to: deals@parkstreetpartners.net