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Podcast: Property Profits Real Estate Podcast
Episode: Pricing Power with Mobile Home Parks featuring Steve Baik
Description: In this episode of the Property Profits Real Estate Podcast, Dave Dubeau sits down with Steve Baik, a seasoned investor in mobile home parks. Steve shares insights into his real estate investing business, which boasts over $60 million in assets under management and focuses on expanding mobile home parks and self-storage facilities.
Steve discusses the significant benefits of investing in mobile home parks, including pricing power, stable cash flow, and lower competition compared to other asset classes. He explains how raising rents in mobile home parks has minimal pushback, especially since tenants typically own their homes and face...