BUSINESS FUNDAMENTALS
MOBILE HOMES
Mobile Homes Make Millionaires
EXPECT EXCESSIVE GROWTH IN MANUFACTURED HOMES OVER THE NEXT FIVE YEARS.
by Chimene Van Gundy, Mobile Home Millions
A
trend we have discussed numerous times is gaining
marily been based upon consumer confidence, which comes back to a lack of education out there for consumers to realize just how much times have changed. This is where investing in this product is so profitable, there simply aren’t as many investors as there could be. There is increased availability of attractive home loans for site-built homes and this can also hamper the enthusiasm behind manufactured homes. The U.S. holds the greatest share of the revenue generated from manufactured housing sales. Canada holds a less substantial share, as it has seen a decline in overall construction spending recently. Additionally, the slowdown in installation rates precludes a struggle for Canadian growth within the industry and a lagging recovery period through 2024. Alternatively, within the U.S. there are a significant number of manu- facturers of these houses and their service providers who simultane- ously occupy important positions in the global and local markets.
These North American manu- factured housing key players have strategies in place to track market trends, capture niche segments and spot potential new segments. Their teams keep a vigilant eye toward revolutionizing the industry and increasing the footprint of the man- ufactured housing industry, given the chance they need to provide the solution they were made for. The fervor, enthusiasm, and general know-how is there, but the question really is, "Are you ready to invest in a recession-proof market and recession proof your portfolio?" •
not only momentum, but attention. If you have followed Mobile Home Millions at all, you certainly can understand how this surge in accep- tance and appreciation (both finan- cially and publicly) is noteworthy. These prefabricated houses simply are not what they once were and offer far more than other options to would-be homeowners who want to break free from the rent cycle. It is great to see how this method of real estate investing is finally getting the appreciation it deserves. There are a few primary factors propelling the insistence with which these houses are increasing in popularity. One is the aware- ness being brought to the growing homeless population and the utter lack of affordable housing. The other is the material upgrades of- fered in manufactured homes, their locations, and the type of people making them their homes. The naysayers of the manufac- tured housing market have pri-
Chimene Van Gundy is known as the "The Mobile Home Millionaire" and “Queen of Mobile Homes” because she has fixed, flipped, and wholesaled more than 450 units to date all in 4 ½ years and in 11
states. She currently owns 30 mobile home parks. She has taken her business international as well rehabbing mobile homes in Ireland except they are called “Holiday homes”. Chimene is on a mission to preserve the “last frontier of affordable housing for the US” fromWallstreet hedge funds and is currently teaching others how to use these “little boxes that spit out cash” to change their lives and live the life of their dreams through her mobile home millions platform.
26 | think realty housing news report :: december 2019
thinkrealty . com | 27
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