On this episode of Real Estate Investing School, we dive into the story of Jan Wanot. Jan prefers investments with tenant-owned mobile homes, where they only own the land and don't have to do much. Real estate excites Jan because it offers an infinite return on investment, compared to high commission sales jobs that offer long-term financial security. Concerned about the economy and a potential recession, Jan begins exploring alternative asset classes that are uncorrelated with single-family homes. This leads them to discover that mobile home parks, RV parks, and self-storage are considered uncorrelated assets. After considering operational input, Jan decides to focus on mobile home parks, which involve owning land and utilities with less maintenance compared to homes. Mobile home parks are also seen as recession-resistant since people downgraded their living arrangements during economic downturns. Jan prioritizes safety, habitability, and removing threats to families and children in their communities. They work hard to provide clean, safe, and affordable housing, finding pleasure in providing these services. Currently involved in various real estate ventures, Jan realizes the need to focus on one specific venture and decides to build a mobile home park company that will acquire $150,000,000 of real estate in the next five to seven years. They will also focus on their education business and Facebook community for real estate investors. Jan believes that the mobile home park business is the most profitable for them and thus drops all residential work to solely focus on commercial real estate investment. If you want to invest with powerhouses like Jan, then book a free strategy call in the link below!
Show Links: Book a free real estate investing strategy call! No experience necessary.) Check out the Real Estate Investing School Youtube) Real Estate Investing School Instagram) Brody’s Instagram) Joe’s Instagram) Jan’s Instagram)