Two-time best-selling author Mike Conlon, aka “The Main Street Millionaire,” advises investors to pay attention to the need for safe, affordable housing that exists across the nation, saying that it may not be sexy, but the rewards are gratifying.
Cary, NC – July 9, 2015 – Mike Conlon, President and CEO of Affordable Communities Group, LLC (http://www.acgmhc.com) aka the “Main Street Millionaire” has posted a new blog on his website entitled, “A Shortage of Affordable Housing is a Crisis Across America.” Conlon made a decision to fill the need for affordable housing and encourages new investors to answer a growing need.
Conlon writes, “Investing in safe and affordable housing for the poorest Americans may not be sexy, but it sure is needed. And as an investor who has made a conscious decision to set my sights on Mobile Home Communities in some of the states that can use affordable housing most, I can honestly say that while the financial rewards are wonderful, the gratification of fulfilling a real need is even more rewarding.”
According to Conlon, “Real Estate investors, especially those who are just entering the arena, deserve to take a closer look at the growth opportunity presented by this national crisis.” He continues adding, “My focus is currently in North Carolina, Alabama, Maryland, Indiana, Illinois and Ohio. And as Capps relates, statistics from the Urban Institute confirm these are areas where affordable housing has declined over the last 5 years.”
Conlon states, “Finding distressed Mobile Home Communities, cleaning them up, adding value and making them safe for those who want a place to call home is one of the most rewarding ways to make a living.”
The entire blog can be read at http://www.mainstreetmillionaire.com/a-shortage-of-affordable-housing-is-a-crisis-across-america/
About Mike Conlon:
Mike Conlon, aka the Main Street Millionaire, provides his audience with an unconventional, no-B.S.-insight on the investment and entrepreneur arenas based on his 15+ years of street-wise investment success that has made him a multi-millionaire.
Mike is President and majority owner of Affordable Communities Group (ACG), LLC based in Cary, NC, which currently owns 25 manufactured home communities (3,000+ spaces) in North Carolina, Alabama, Maryland, Indiana, Illinois and Ohio. Mike has bought, rehabbed, and subsequently sold 15 multi-family deals resulting in over $70 million of proceeds since 2002. In the 1990’s, Mike grew a financial planning broker-dealer from $1.2 million in gross revenue to over $40 million in five years and sold it to a large national insurance company. Mike also owned a financial planning practice that he grew to over $100 million in assets before selling in 2002. Mike received his law degree from the U. of Minnesota in 1990.
Mike just published his first book called Unconventional Wealth: The New Main $treet Millionaires, which is available on Amazon.com. He has become a mentor and educator to numerous small business owners and real estate investors throughout the country.