Jefferson Lilly says that when it comes to trailer parks, most people have unpleasant stereotypes mapped in their brains. However, most trailer parks couldn’t be further from that image. They’re places where lower income working class people can buy a home take pride in their ownership. Business is stable and growing in large measure because most towns and cities will not allow new parks to be built. Legendary investor Sam Zell controls a REIT that is the largest owner of trailer parks in the nation and routinely earns 17 percent. Is it right for you? Listen and find out.
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