I have been in real estate for most of my adult life.
For the past 25 years, I have made a name for myself in the manufactured home arena by buying and selling manufactured homes and the parks they reside on.
I have met a lot of people along the way and I have listened to what they had to say. There are two key points that come up in almost every conversation.
Where can I make the most money in the manufactured home business and is there a way I can make enough to actually retire on?
Let’s address why these questions have come up. I have met a lot of people who have retirement plans and they are feeding money into them like fertilizer into a garden hoping to get a bean stalk to grow.
But at the growth rates of today retirement seems out of reach for most, if not all.
And to make it worse, when they want to start drawing on their retirement, they’ve got inflation and taxes that eat into what little interest was made.
And then there’s people I know who have a chunk of money sitting in an “Interest bearing account”. I don’t quite understand the name, because you barely get interest out of it.
So the scene is set. You’ve got cash in the bank or a retirement fund and it’s not going to be enough to ever retire.
If you are ever going to get there, you are going to need a double digit return. But we all know that double digits are not possible these days. Or are they?
Len Bellotti has been in real estate since the early 1990’s. He has been involved in every aspect of real estate from high-end golf course luxury homes down to the Fannie Mae leftover homes at auction.
Len has seen every end of the real estate business.
Property Management, Sales Manager, Salesman, Accounts Manager, Title search, Document retrieval work and everything in between. He now specializes in ensuring the administration of our organization is kept to the highest standards.