Kerry Lutz's--Financial Survival Network

Summary:
High returns on investments are being seen with mobile home parks, and today Charlotte Dunford comes on the show to talk about this sector of real estate. Her area of focus is Johns Creek, and their niche is small to medium mobile home parks—which are often overlooked but do extremely well. This is a great area to invest in due to the fact that there is always going to be a need for affordable housing, and the demand is ever-growing.

Highlights:
-How do you get a higher return on your investment? This can come from investing in mobile home parks
-John's Creek Capital is an area of focus
-They are actively sourcing deals and investing in this market
-Their niche is small to medium mobile home parks, which they get at incredible cap rates—this niche is often overlooked
-Focused on the midwest and southeast
-There is a lot of room to grow
-Once the mom and pop mobile home parks are consolidated, there is not much money left
-There is always going to be a need for affordable housing
-The supply of mobile home parks is fixed, which means the demand is ever-growing
-They grew through the pandemic—there has been a halt on evictions
-Government agencies have been issuing a lot of rental assistance to tenants
-The mobile home park industry is somewhat protected
-They don’t own the homes; they own the parking lot
-The screening process for tenants is very rigorous
-The mobile home part tenant is like a stakeholder in your business

Useful Links:
Financial Survival Network
John's Creek Capital

Summary:
What should we make of what the Fed has said recently about tapering? There have been some ambiguous recent announcements and headlines, and ___ comes on the podcast to shed some light on this. They talked about possibly raising interest rates at the end of next year, and raises concerns in relation to gold. No decisions have been made yet, but tune in to hear some valuable insight and predictions.

Highlights:
-How can we interpret what the Fed has recently said about tapering?
-They talked about possibly raising interest rates at the end of next year
-The test for raising rates is much higher the test for tapering
-They may decide to change the tapering
-People are afraid of rates raising, which would affect gold negatively
-The transitory should be unwinding, but the pandemic has affected decisions
-Markets are going up as the economy worsens
-Sometimes, rising interest rates go hand in hand with rising gold prices
-High inflation is a sign of economic growth, but our current situation seems to exhibit otherwise
-The models economists use are not entirely connected to today’s reality
-Rapidly escalating energy prices put a damper on the world
-There could be a boom in oil prices
-Uranium keeps going up

Useful Links:
Financial Survival Network