Mobile Home Parks In Real Life (MHP_IRL)

MMW: Why You're (Probably) Not Rich

5 snips
Sep 15, 2021
Get ready to rethink your approach to wealth! Discover why relying solely on primary residences might hold you back from true financial freedom. Learn about unconventional investment strategies, like mobile home parks, that can pave unique paths to prosperity. It's all about adopting the habits of the ultra-rich and embracing bravery in your financial decisions. Dive into the secrets of what the wealthy do differently and how you too can unlock doors to substantial wealth.
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INSIGHT

Primary Residence Limits Wealth Growth

  • Most Americans' net worth is tied up in their primary residence, yielding only 2-3% annual return.
  • This results in minimal real wealth growth as these returns barely outpace inflation.
INSIGHT

Stock Market's Modest Return

  • The stock market typically yields around 7% annual returns, considered single-digit.
  • Most middle-class Americans rely on primary homes and stock portfolios, both offering single-digit returns.
ANECDOTE

Ryan's Wealth Portfolio Breakdown

  • Ryan Norris holds 66% of his net worth in mobile home park general partnerships with triple-digit returns.
  • His portfolio also includes limited partnerships with steady double-digit returns, cash, stocks, and his home.
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