Affordable housing is one of the necessities that millions of Americans needed. Examples of these affordable housing are mobile home parks and self-storage assets, which are also considered as fastest-growing assets in real estate. But the good thing about these assets is this kind of investment also value people’s situation and financial status. It can be the most profitable real estate investment but knowing these assets is still important. You’ll learn about the beauty and benefits of investing in affordable housing as Aileen’s guest Ryan Smith shares his experiences in mobile home parks and self-storage asset class investing. In this episode, he also talks about his best practices and the things that he did towards his success with these real estate assets.

What You’ll Learn From This Episode:

• Ryan’s Background and His Real Estate Investing Career
• Transition from Single-family Residential to Mobile Home Parks and Self-Storage Assets Investing
• Challenges in Scaling Single-family Homes
• Pros and Cons of Investing in Mobile Home Parks and Self-Storage Assets
• Acquisition Criteria and Strategies to Underwrite Deals Conservatively
• Importance of Trust Between operator and Investors
• Market Outlook and Impacts of Covid Pandemic to Mobile Home Parks and Self-Storage Assets
• Having Perseverance and Believing in Yourself to Succeed in Real Estate Investing

Guest Bio:
Ryan Smith is the co-manager of multiple investment funds, which specialize in investing, both directly and indirectly, in mobile home parks and self-storage assets representing more than 20,000 units located in more than 30 states.  As a highly recruited athlete, he was drafted by the Baltimore Orioles and then by the Anaheim Angels.   

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