20 Mobiles vs 20 Unit Apartment Showdown with Erica Muller
20 Mobiles vs 20 Unit Apartment Showdown with Erica Muller

20 Mobiles vs 20 Unit Apartment Showdown with Erica Muller

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17 min
Business & Finance
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<p>What you’ll learn in just 17 minutes from today’s episode:</p> <ul><li>Learn how to operate a vacation rental property to maximize revenue</li> <li>Discover about an investment strategy that doesn’t require much of a capital investment, with profitable cash flow returns</li> <li>Learn the pros and cons of buying a mobile home instead of a regular home</li> </ul> <p>Resources/Links:</p> <ul><li><a href='https://vrolio.com/'>vrolio.com</a></li> </ul> <p>Summary: </p> <p>Erica Muller is a vacation rental investment specialist. She has been in the real estate industry for the last 18 years and is also a mobile home park investor and portfolio owner.</p> <p>In this episode, Erica shares how she got into a vacation rental when all of her other real estate investments collapsed. Left with no choice, she dabbled into it, and up to this day it continues to give her a steady amount of cash flow returns. As she evolved, she started investing in mobile home parks which has given her a good ROI.</p> <p>Topics Covered:</p> <p>00:58 – What is she working on right now</p> <p>01:50 – What are the three main strategies she’s doing</p> <p>02:29 – How did she get into vacation rentals, and how does she find clients for this type of strategy</p> <p>03:38 – What you should need to understand when getting into vacation rentals</p> <p>04:54 – Who gets to be the most successful in vacation rental strategy</p> <p>06:04 – Average number of properties one can handle given only a 15-hour workweek</p> <p>06:51 – The cash flow that’s coming in from these types of properties</p> <p>07:59 – Evolving from vacation rentals to mobile home parks</p> <p>09:10 – Where are there mobile home parks located</p> <p>10:30 – What are the biggest advantage of a mobile home park versus any other investment class</p> <p>11:48 – Difference between land lease parks versus park-owned homes</p> <p>12:46 – Property management in mobile home parks</p> <p>13:24 – How to maintain your mobile parks to keep the r

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