In addition, as a result of the pan - demic, many people work out of their homes now and need an office in their home. Since we give themmuch more square footage for the dollar, this trend is working in our favor. Mobile/manufactured homes are one of the best, safest investments out there, and they are a great addition to anyone’s investment portfolio. •
on these properties have increased from around $1,000 per month to $1,400—that’s favorable too! What happens in a down market or a market crash? I always say no matter how bad things get, there are two things people will always still need to do: Eat and have a roof over their head. Everything else is negotiable. That’s why I love our business model. It works great in good times, but even better in bad times because we have the most affordable roof with more land. During the 2008 downturn and the COVID-19 pandemic, the demand for our properties was three times normal, because in bad times people downsize and need something more affordable.
Glenn Stromberg began his career in real estate in 1982, quickly rising to the top of the real estate game. He owned and managed a Clayton Home franchise and
owned and operated 13 independently owned manufactured home dealerships. He also ran a successful fix-and-flip business. During his 39 years in the mobile home industry, he developed mobile home subdivisions; owned a mobile home park; owned and operated mobile home sales centers; and bought, sold, and leased single-family homes. In 2006, he formed Stromberg Investment Group with the mission to be one of the best real estate investment companies in the country. The 2008 crisis that took over the American economy led Stromberg to redefine his business model and create the current model SIG uses, allowing investors a safer option to investing and receiving higher returns without the high risk that Wall Street or the “flipping game” yields. With over 500 homes under management in more than four states, SIG deploys over $1 million dollars in investment capital each month and closes an average of 12 properties each month. Stromberg Investments offers investors lucrative passive turnkey options and long-term lending opportunities. To learn more about Stromberg Investment Group, visit www. stromberginvestmentgroup.com.
14 | think realty magazine :: may – june 2022
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