You must be logged in to reply to this topic.
-
I’m reading a really sad book called “Nomadland: Surviving America in the Twenty-first Century.” It’s about seniors who have lost their homes for whatever reason, and who are trying to survive by living in old RV’s, cars, travel trailers, whatever they can use to avoid living on the street. Apparently, there are thousands of them throughout the country, and the temporary part-time jobs they have to take to supplement their social security made me cringe: Amazon warehouses, campground cleaning, beet factory… on and on.
So sad!
This could create more demand for RV parks. I know some mobile home parks have RV rental spaces too. Perhaps RV parks are good investment opportunity if there is short term work opportunity in your area. It could be worth checking out. A friend recently bought an RV park with no money down and seller financing.
I was reading an article last week that co-housing is becoming more popular with seniors too. Have you see that advertised? Apparently, some houses were specifically renovated for 3-4 seniors to live together. Private bedrooms but they share common spaces like the living room and kitchen. it reduces expenses and also is better than living alone for some. Advertising a house for rent by the bedroom.. as a co-housing set up- could be a way for you to get more rent than renting to a single family. Of course, you’d want to check on your city rules and regulations.
The times are changing.
What do you think?
.
Here’s an example of retired (and often disabled) mobile home park dwellers in Florida being forced out when the land was sold to a high end investor to build expensive commercial buildings:
https://www.miamiherald.com/news/local/community/miami-dade/hialeah/article209275669.html
=====
Trailer parks face rising rents. This one’s residents found a way out — by going “co-op” — this only works in some cases, where the residents own their trailers but not the land AND if their financials can handle the buyout for co-op status:
There’s an old expression that’s used occasionally on the Tom Selleck TV cop show “Blue Bloods” that may be relevant in some of these mobile home park dilemma situations. That expression is “You can’t save every puppy in the pound…”
=====
Regarding co-housing, in 2016 “The Atlantic” ran an extensive article on the history and current events about the co-housing movement. It’s very worth a read:
=====
Here’s the Amazon link to the book Jackie described. The reviews are excellent, and the book attempts to paint a glowing picture of life on the road without property taxes. That can work for some whose health and finances can handle it, but not for many others:
Amazon often suggests other related book titles, as in this case, such as the Bob Wells book. He for many years has taught the car / van / RV living style on both his YouTube channel and on his website at CheapRVliving.com
by Bob Wells:
Lots of choices, but some of them are very gloomy for people with fewer resources….
–Dee
.
You must be logged in to reply to this topic.
