CashFlow Quest Episode 8
Why Mobile Home Parks Are Real Estate’s Best Kept Secret
In this episode of CashFlow Quest, hosts Blake Comfort and Jennifer Purcell are joined by Tide Eldridge and Ben Schuster to do a panel discussion on the world of manufactured housing, exploring why mobile home parks offer superior investment returns compared to traditional residential real estate. The panel discusses the unique benefits of mobile home parks, including lower operational costs, efficient revenue management, and higher depreciation benefits. They explain the concept of land lease communities, where tenants own the homes and pay rent for the lot. The episode also touches on the historical context of mobile homes, the current shift in housing affordability, and practical advice for young entrepreneurs and seasoned investors looking to enter this high-demand, low-supply market.
Tide Eldridge is a Partner & Chief Operating Officer at Comfort Communities.
Listeners can connect with Tide Eldridge on LinkedIn @TideEldridge
Benjamin Schuster leads Capital Formation and Investor Relations for Comfort Capital.
Listeners can connect with Benjamin Schuster on LinkedIn @BenjaminSchuster
Blake Comfort
Blake Co-Founded Comfort Communities in 2008 and began working to acquire manufactured home communities in order to build the investment and management company that exists today. Comfort Communities first manufactured home community was purchased in 2009 and has continued to grow and purchase many more manufactured home communities ever since. Blake currently handles all the business development & acquisitions for Comfort Communities.