In this episode of "Real Estate Jerky," hosts Ed Parcaut and Mike Kelly delve into the intricacies of real estate investment focusing on mobile homes and RV parks. They discuss current trends in the housing market, median price increases in various locations, and the impacts on mortgage rates. Guest Dr. Jeff Anzalone from Monroe, Louisiana, shares insights into creating multiple income streams and his website debtfreedr.com.
Ed Parcaut shares his experience meeting with Grant Cardone and the scalability of real estate investments. He discusses his transition to RV and mobile home park investments post-Covid, citing lower maintenance and better insurance rates. Parcaut considers using his children's 529 college savings to invest in homes and emphasizes the tax benefits of real estate professional status. He also explores the practicalities of developing land for mobile homes and RVs including community opposition, zoning challenges, and the value of including various amenities.
Mike and Ed offer listeners real estate and market updates, discussing the shortage of new homes built in California and the significant increase in home values in certain cities. They stress the value of alternative real estate investments, suggesting that despite housing bubble concerns, home values will likely continue to rise. The show, "Real Estate Jerky," airs on Power Talk, 1360 KFIV, and is available on the iHeart app.
Follow Ed on all social media outlets @EdParcaut
Need more information? Please visit https://www.edparcaut.com
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