The Challenges of Investing Close to Home

Some investors will find they have great

mobile home park investment options close to
them. These definitely should not be ignored.
However, there can be pitfalls of staying local
too.

Access to more data, technology, and contacts than ever

before now enables real estate investors to effectively
invest in and hold properties virtually anywhere in the
world. So with such great freedom, and no barriers what
are the pros and cons of sticking close to home versus
further afield? Whats better, and why?

This includes:
Limited Options - Perhaps the worst part of staying
local is the potential to fall into DIY style selfmanagement. This notoriously traps many, even among
those who didnt plan to get involved. There is just too
much temptation to stop by, answer the phone, and try to
fix it yourself. That can create all types of bad habits,
confusion, and issues.

 Privacy & Security - Some investors like the ego boost

of being known as the big land owner in town. For others
the spotlight is a nightmare. Most investors fail to put
enough cushion between them and others. That means
they can easily be looked up and hunted down by irate
tenants, and the attorneys of malicious fraudsters and
opportunists.

 Unsustainable Investment Model - Those that fall into the

DIY property management trap face even bigger issues later on.
Eventually most investors will move. They may move for better
weather in retirement, to be near family, or to downsize and be
close to good healthcare. If you havent built in enough margin
to cover hiring a professional third party management firm that
could mean a negative cash flow situation which begins to eat
into previous gains.

The Benefits of Investing without Borders

Investing with a full map doesnt mean
ruling out mobile home parks that may be
right down the street. It simply means keeping
every option open so that you can invest in the
very best deals, anywhere.

Some of the perks of this approach include

Finding the Right Match in Price Points

Finding the Best Matching Properties
Investor Friendly Locations
Diversification

Best Destinations Right Now

Its no secret that all real estate is local. Every
micro market is turning on its own cycle. With more
options mobile home park investors are able to seize
on the ripest markets at the best moments, for
maximum results.

For inquiries, visit us at

mobilehomeinvestors.com