am not familiar with most these investments. But it is a great learning opportunity for all of us.
Trailer park investing is apparently booming in the US. The investment thesis is that there are a lot of poor people who cannot afford traditional houses and have to move to trailers. It does not require much upfront cost and the poor and those with criminal records are pretty much stuck.
Here is how you maximize your returns.
1.Locate a trailer park close to public transportation.
2. Renovate and raise up the rents.
3. Divide trailer into 3-4 bedrooms.
4. Low maintenance cost.
In essence, the investment takes advantage of the poor. I do agree that without this trailer parks that the poor maybe homeless but extracting the maximum you can from the poor seems problematic. I do not suggest a new regulation but instead urge new entrepreneurs to create more affordable and rehabilitating trailer parks so the poor can increase their living standards.
*From Snapshot Serengeti
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