Tommy Dobczyk and two other investors compare mobile home parks and RV parks. Mobile home parks need more upfront capital and take longer to reposition, while RV parks have lower barriers to entry and can be built from scratch or converted from existing parks. One strategy: buy a struggling mobile home park, buy out tenants, and redevelop it into an RV resort with pools and clubhouses.
Are you freezing? It's chilly in here today.
Yeah, I don't think they have feet in this building.
They probably do. So that's a, that's just a rundown of which one, you know, what's what based on this and more. What do you see yourself wanting to do more?
I would say the affordable housing side of it, but I also understand what the it feels like with a mobile home park. It's like a higher upfront capital. It's also slower if you're going to like reposition it or change it into something like where an RV park has that flexibility.
Right.
So I think like entry might be better to do the RV park.
And again a lower barrier entry. With this one right here, we call this more of a ground up. Right. And so there's multiple entries for this. You can have a existing or you can have creating and one of the ways you can creating is for example, you can go and get a mobile home park and demolish it and create an RV resort. Because like I said, mobile home parks don't have swimming pools or clubhouses. So what you do is you go get a rundown mobile home park that's got like 40% occupancy and you just buy everybody out and tell them, you know, go live over here somewhere. You give them enough money to go move into a nicer place with a, a nicer, nicer mobile home type of thing.
