What 45 Years in Manufactured Housing Teaches About Downturns | Nasir Ali

Mobile home park investing has moved from an overlooked corner of real estate to one of the most competitive niches in the business, and the people who have been in it longest built the playbook everyone else now follows. In this episode, Nasir Ali of Rise360 Ventures traces 45 years in manufactured housing, from a family portfolio wiped out in the 1979 oil shock, to a KOA campground bought with seller financing, to a strategy of buying half-empty communities in secondary markets and filling them. He explains the vertical integration that makes the value add work and why he thinks the asset class still has room to run. About Nasir Ali: Nasir Ali is the founder of Rise360 Ventures and a second-generation manufactured housing operator whose family marked 45 years in the business last July. He was twelve when his family bought their first property, sixteen when he began buying and placing homes, and eighteen when he started buying communities alongside his father. He has acquired more than 2,400 units and taken twenty projects full cycle, and he traces eight generations of his family in income-producing property back to Gujarat, India. What We Cover in This Episode: • How manufactured housing communities differ from trailer parks and RV parks • Why infill is one of the main value-add strategies in mobile home park investing • How a dealer arm helps operators control home supply and increase occupancy • Why secondary markets can create opportunities below institutional competition • How seller financing and 1031 exchanges can help operators grow without outside capital Learn more: Website: https://rise360ventures.com (free 80-page report on the asset class) LinkedIn:   / joinrisecomm   YouTube: @RISE360Ventures Instagram: @therise360ventures Facebook: Rise360Ventures #realestateinvesting #manufacturedhousing #mobilehomeparkinvesting Rental Property Owner & Real Estate Investor Podcast | Episode 562 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - The Rental Property Owner & Real Estate Investor Podcast is sponsored by the Rental Property Owners Association of Michigan (RPOAM)— the state’s leading voice for real estate investors and housing providers. Become a member today! https://rpoaonline.org /membership • Free online leasing and real estate forms • Access to full credit report services • Free limited legal advice • Free technical assistance through the RPOA office • Huge discounts and rebates from local and national retailers • And more!