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Why Mobile Home Parks for Sale in Oregon?
Investing is the most surefire way to make your money work for you. Who wouldn’t enjoy the freedoms that come with passive income? Many are catching on to this reality with the success of food-for-thought like Rich Dad, Poor Dad. Most people still aren’t aware of this, however: mobile home park investment is a very clever way to achieve the passive income dream! This is especially true in Oregon, as it’s a highly desirable, outdoorsy, ever-growing state. Those interested in passive income need to consider mobile home parks for sale in Oregon.
Smart financial moves must involve working with current economic conditions, of course. Due to an economy that’s challenging for a growing number of Americans to thrive in, more and more are looking for affordable housing options. Humans are incredibly resilient and we adapt quickly, when pushed. As more Americans seek new ways to own a home, pursuing mobile home parks for sale is an incredible opportunity. It’s also a way to help bring the dignity and warmth of a home to so many who can’t afford an actual house!
Mobile home parks for sale in Oregon are an especially great pursuit. Oregon is attractive for a slew of reasons! It boasts a gorgeous, diverse landscape that few can resist; there is no sales tax charged in the state; compared to other states like neighboring California, it has few natural disasters; Oregon is very environmentally conscious, and always at the forefront of progress! For these reasons and others, tons of families have been interested in relocating to Oregon. Investing in a housing opportunity here makes so much sense financially. In addition to generating incredible returns, Oregon’s mobile home park owners can facilitate a new beginning in a lovely environment!
Mobile home parks are an incredibly savvy property venture. First of all, when renting out space in a mobile home lot, it ends there – you’re renting out the land, not an actual home! The tenants own their own homes, and are thus responsible for the maintenance and repair. Clearly, this means less strenuous property-managing. In addition, you will have a low tenant turnover rate! Dealing with shifting renters is a huge headache that usually comes with real estate investment. Once they find a park that meets their needs, most mobile home inhabitants tend to stay there for at least five years!
You can be quite sure that you’ll receive great returns with a mobile home park purchase. Plenty of banks know this, which can make it much easier to get a loan! A large amount of mobile home parks for sale are being passed on by “mom n’ pop” owners, often who are trying to retire. This means that much of the time, the sellers aren’t driven by the profit-mentality behind investing. Because buying mobile home parks is still not a well-known venture in real estate, you’re also not likely to have a tremendous amount of competition! And with the right realtor, it’s easy to make this vision a reality.
Please, don’t hesitate to reach out if you’d like to learn more about this amazing opportunity!
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