Episode #169 Breaking the stigma and stereotypes of mobile homes
For this week's episode of Get into the Cash Flow with K&K, Franco Perez guest stars in this episode on how mobile homes is slowly changing the landscape of property investing.
Franco is a self-made entrepreneur from immigrant parents and has seen first-hand how renting can eat away at your income. For him, mobile homes are the most practical solution to owning your own property. It is also an attractive option for those who want to build their own property investment portfolio.
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Highlights:
03:46 Intro of Franco Perez
04:45 Franco's background
06:00 How he started in real estate
12:00 Life-changing experience that gave him the drive to start a business
15:00 Adapting to difficulties in life
18:40 Defining affordable housing
19:24 Mobile homes as an option for those struggling with housing
20:28 Debunking the stigma around mobile homes
22:20 Building equity in mobile homes
23:17 The mobile home business model
25:20 Financing mobile homes
26:00 Government support on financing mobile homes
28:35 Cost and appreciation of mobile homes
30:50 Benefits of owning mobile homes
33:27 Who buys mobile homes
35:00 Investing in mobile homes
40:59 Fighting stigma around mobile homes
42:00 Overcoming poverty by investing in mobile homes
47:09 END
Learn more about Franco Perez HERE: https://www.francomobilehomes.com/
Learn more about property investing from Kenny & Krystle HERE: www.getinthecashflowgame.com