SA094 | Cash Flowing Investment Through Manufactured Housing with Andrew Lanoie

Affordable housing can be considered as part of investment strategy in the real estate business but also gives importance to its rising demand and add value to people at the same time. It can be profitable if someone who's starting it knows how this kind of market works in real estate. This episode will educate you to be a successful investor in Manufactured Housing as Aileen's guest Andrew Lanoie shares his experience and knowledge in running this market. You'll also learn some of the things that you should be looking for in finding cash flowing deals and properties.What You'll Learn From This Episode:Andrew's Background and the Reason Why He Decided to Start Investing in Real EstateInvesting in Real Estate While the Need for Affordable Housing is Getting HigherMetrics in Finding Cash Flowing Single-family Properties His Transition from Single-family to Different Real Estate MarketsWhat is Manufactured Housing or Mobile Home Park?Impacts of Covid-19 to Manufactured Housing or Affordable HousingImportance of Communication with Tenants Consistently Collect Rents from Affordable Housing PropertiesTax Strategies and the Future of Real Estate after Covid-19Having a Goal to Stop Trading Hours for DollarsReading Books, Listening to Podcasts, and Building Your Personal Development to Make Your Investing More EfficientGuest Bio:Andrew oversees the company’s asset management and investor relations, as well as co-directs the overall investment strategy. Prior to Four Peaks Capital Partners, Andrew was a Talent Agent at William Morris for 16 years representing some of the world’s biggest celebrities, including Tim Allen, Taylor Swift, Steve Martin, and Tom Petty, to name a few. In 2009, Andrew started an initiative to acquire investments in the residential asset class in Dallas, Memphis, and Atlanta. He soon discovered the increasing demand for affordable housing in America. Andrew soon resigned from the William Morris Agency to focus on filling the gap in the market. Within 6 years, Andrew and team have closed on 25 manufactured housing communities in 13 states, with 2,500 lots, quickly making the family of companies a Top 100 Owner / Operator in the U.S.Website: https://www.fourpeakspartners.com/Podcast: http://theimpatientinvestor.com/To Connect With Us:Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!Sponsor:Thinking About Creating and Growing Your Own Podcast But Not Sure Where To Start? Visit GrowYourShow.com and Schedule a call with Adam A. Adams.