While you may not associate real estate moguls and mobile homes, it’s worth taking a moment to take a new look at mobile homes as investment opportunities. You may just walk away with a different view. Just as the ugly duckling turned into a swan, savvy Pittsburgh real estate investors have caught on to the mobile home market as an addition to a well-rounded investment portfolio.
Don’t let the stereotypical vision of mobile homes detract you from this excellent investment opportunity. Read on to discover for yourself these four benefits of incorporating Pittsburgh mobile homes into your investment portfolio.
The underlying benefit of diversifying and incorporating Pittsburgh mobile homes into your portfolio is that owning a wide variety of real estate types builds safeguards against a downward trend in one sector of the market. Thus, while lower-cost housing will always be in demand, mobile homes have a built-in safety net as a hedge against inflation, for a descending economy tends to increase the desirability of this option. At DANE REAL ESTATE GROUP, our goal is to make it easy for you to supplement your monthly cash flow by investing today for a brighter tomorrow and a retirement you can enjoy.
The overall building costs for mobile homes are lower because of the assembly line construction method, which carries through to the consumer. In general, they cost much less to maintain as well. For example, if you own the mobile home park and rent out the lots, you only need care for the park because the owners of each unit are responsible for their maintenance. The lower cost of ownership also allows you to multiply your holdings more quickly, and this is another great benefit of incorporating Pittsburgh mobile homes into your investment portfolio.
While competition may be fierce in some market sectors, mobile homes just don’t come to mind automatically for most investors. Less competition in a relatively untapped market is another benefit of incorporating Pittsburgh mobile homes into your investment portfolio because more opportunities are available. As a result, bidding wars over mobile homes are much less likely to occur. In addition, the expert investors at DANE REAL ESTATE GROUP know Pittsburgh and can help you zero in on the best mobile home for your budget; let our years of experience be your guide.
While vacancy rates are concerning to any real estate investor, one of the benefits of incorporating Pittsburgh mobile homes into your investment portfolio is that mobile home tenants tend to move less often. While it’s common for rental properties to turn over every year or two, mobile home tenants typically occupy a unit for many years. You can rely on DANE REAL ESTATE GROUP to help you find great deals. Our support team of industry experts at DANE REAL ESTATE GROUP is on call to inspect your potential investment from top to bottom before you buy.
Why not let the pros at DANE REAL ESTATE GROUP help you realize all of the benefits of incorporating Pittsburgh mobile homes into your investment portfolio as part of your winning strategy. At DANE REAL ESTATE GROUP, we understand that happy tenants will make good tenants, so if you don’t want to wear all of the hats of a landlord, we can help you with as much or as little of the management as you wish. At DANE REAL ESTATE GROUP, we can help you plan out a well-balanced real estate portfolio while you build a long-term income stream for your retirement. And at DANE REAL ESTATE GROUP, we always have a steady inventory of the best investment opportunities available. Call DANE REAL ESTATE GROUP at 412-812-2551 or send us a message to learn more about how we can help you.