Christian Osgood bought an RV park for $375,000, fixed it up, and now it's worth over $1 million. Mobile home and RV parks generate higher cash flow than regular apartments and let you buy with little or no money down.
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Mobile homes and RV parks are fantastic ways to get started in real estate or to scale your portfolio. Reason is you can have a ton of creativity in how you purchase these, no to low money down, and they tend to have more cash flow than conventional multifamily. So you come into a little lower price, more creative options than any other asset class, and it doesn't really matter your financial position. You can absolutely play the game. Now we're in a mobile home park, actually an RV park. That we purchased a little while back. Had a ton of trash need to be removed, so we just finished cleaning it up, putting in a new septic. Bought for $375,000, we're gonna sell for a little over $1 million,000,000. Or we might hold it because the cash flow is really well. It's up to us. If you want to learn more how to play this game, Cody, myself, and Yawn all teach how to do this. We put together a course and mentorship group for you on mhparksacademy.com. We'll see you there.