When you hear “Mobile Home Parks” you might think of the shady and dirty trailer parks often depicted on TV.
In reality, MHPs are very different from the pop-culture stereotype.
Not only do residents benefit from very affordable housing and homeownership, investors like today’s guest, invest heavily in creating safe, clean, and amenitized communities that the residents love for years!
If that is not enough, MHPs offer investors recession-resistant and stable income, unlike any other alternative investment.
Daniel Weisfield is a Co-Founder of Three Pillar Communities which operates more than 40 manufactured housing communities in 8 states, serving around 10,000 residents to create neighborhoods their residents are proud to call home.
His professional mission is to turn the “trailer park” stereotype on its head because he believes manufactured housing is the best way to close our country’s housing gap and to create affordable home-ownership opportunities.
In today’s episode, we discuss…
- A high-level run-through of MHPs from an operator’s and investor's perspective.
- How Daniel is a third-generation MHP investor and how his grandfather got started.
- Why MHPs provide incredible risk-adjusted returns to investors through the entire market cycle.
- How Daniel adds value to every community he works with from new roads to pools.
If you are curious about Manufactured Housing and want to learn more, you will officially be considered an expert in MHPs after listening to today’s extensive discussion of the asset class!
Keep Making Milestones,
Ben Malech
If you want to learn more about the Daniel, you can find him at:
LinkedIn: linkedin.com/in/daniel-weisfield-33940613
Homepage: threepillarcommunities.com/
Email: daniel@threepillarcommunites.com
To learn more about Ben, connect with him through:
Ben’s Website: https://benmalech.com/
Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/
Ben’s email: benmalech@carswell.io
Resources Mentioned:
Deep - James Nestor
