We believe that a passive investment should be hassle free. To this end, we have structured our in-house property management company to shield you from the typical responsibilities associated with investing in income producing property—no disturbing calls from tenants about leaky roofs, no protracted disputes with utility companies over service. We handle everything. You get a check.
Superior tax advantages improve your bottomline. Manufactured homes are depreciated over 7.5 years instead of 27.5 years, which means you can take bigger depreciation deductions.
CASH FLOW REINVESTMENT SERVICES (CRIS)
CRIS allows you to take all of the advantages you are already experiencing with your investment and improve upon them by compounding your return. CRIS uses the cash flow from the investment to automatically buy additional homes.
One of the primary advantages of investing in the affordable housing sector is stable income. This sector does not suffer from extreme highs and lows. The rental base is consistent and steadily growing. Vacancies are as low, if not slightly lower, than apartment buildings. By and large, people stay and pay.
When it comes to getting the most bang for your buck, manufactured homes are hard to beat. Acquisition prices are very low relative to prevailing rental rates. Expenses are minimal because there is no mortgage, no property taxes, no common area expenses like electricity for walkways, and no big ticket repair items like a mainline plumbing problem. Combine strong rents with minimal expenses and you get consistent double-digit returns.