SA994 | Providing Affordable Housing Through Mobile Home and RV Parks with Patrick McDonald

Tune in to this episode with Patrick McDonald to learn more about mobile home parks and manufactured housing and how you can use this asset class to give value to communities and investors!Patrick highlights the benefits of investing in affordable housing, its potential despite challenges and risks in the market, and more you should know about finding, evaluating, and funding mobile home park investments.Key Points & Relevant TopicsPatrick’s background and his amazing journey to investing in mobile home parksThe aspects of a successful business partnershipKey advantages of investing in mobile home parks over other asset classesFinding and evaluating mobile home park and manufactured housing investments in today’s marketChallenges associated with mobile home park investing and how to overcome themEffective ways for funding mobile home parks and manufactured housingThe importance of choosing the right location and market for mobile home parksThe typical deal structure and exit strategy in mobile home parksFuture trends in the mobile home park and manufactured housing spaceResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Patrick McDonaldPatrick earned his Bachelor's degree in Business Marketing from Washington State University and spent 12 years in personal financial planning. He is deeply involved in his community, having served as an elected official in his hometown and actively advocating for more affordable housing in Washington state. Along with his partner Nick, Patrick owns and operates over 1,800 lots across 26 communities, making them a top 100 operator in the industry. As an experienced manufactured housing operator, Patrick has successfully revitalized multiple parks across the country. Get in Touch with PatrickWebsite: https://cmgparks.com/ LinkedIn: Community Management Group LLCTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!