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The Mobile Home Park Investing Podcast - Real Estate Investing Niche

Mobile Home Parks are the ultimate Real Estate Investing Vehicle and the opportunity is ripe for those willing to educate themselves in this niche. This podcast will teach you how to successfully invest in and build steady streams of passive income from the highly lucrative niche of Mobile Home Park Investing. Veteran Real Estate Investor, Kevin Bupp, from the Mobile Home Park Academy and Sunrise Capital Investors, will personally share with you the valuable lessons he's learned along his journey as a Mobile Home Park Investor so that you too can learn how to build massive cash flow and earn huge profits from this extremely lucrative niche. Our weekly show will be a mixture of self recorded shows with Kevin as well as industry expert interviews. Each show will be jam packed with high quality content and none of the fluff that you'll find in other shows. Our #1 Goal is to make you a better Mobile Home Park Investor!
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Now displaying: January, 2019
Jan 29, 2019

In today's podcast, founding member of MH Park Advisors Skyler Liechty shares his in-depth knowledge of the mobile home park investment industry. He is a third generation park owner and also runs other businesses like MHC Leads.

Skyler discusses his processes to address issues with new owners moving in, handling market-dependent homes, and finding new investment opportunities.

QUOTES:

14:15 "Doing that on a scale, one might not be all that challenging. Two, more challenging. You start talking about five or ten or twenty as the example we used, there's lots going on there and it's much more difficult than what it seemed when you first set out."

15:39 "Everyone has their opinions about what's a better way. Us personally, we tend to like that lease with an option to purchase program simply because from an operational and functional standpoint, it's a lot easier if you have a problem with the resident." 

16:18 "Once you decide what strategy you're going to go with, then that dictates what the process to execute on that plan is."

30:49 "Most people, they may call, they may email, but the biggest communication source we found was text messages."

44:40 "When people are looking for a home or a place to live or an apartment, whatever it is, it's immediate. They are looking right now. You call them two days later, it's not a hot lead anymore."

47:09 "I tend to believe that most transactions are relationship-driven."

 

HIGHLIGHTS  

07:12 Introduction to Skyler Liechty and his entry into the mobile home park business

10:50 Discussion on the biggest challenges for new investors

14:29 Using strategy to master current processes and create an efficient system

19:34 The lease option program of Skyler for new homes explained

28:32 What is MHC Leads and how does it work?

42:13 How to integrate with existing software and programs for smooth workflow

45:36 Discussion on finding investment and acquisition opportunities 

53:02 Roles of brokers in the mobile home park industry

 

RESOURCES:

Jan 15, 2019

In this episode of The Mobile Home Park Investing Podcast, Kevin shares the mic with Paul Bradley, founder of ROC USA.

Paul started ROC USA to solve a big problem for homeowners living in mobile home communities. Traditionally, individual homeowners wouldn't be able to secure financing to purchase and collectively own the communities they live in.

With the help of Paul's nonprofit however, ROC USA helps residents form a co-op structure, secure funding from vetted sources, and provide leadership training and support to help co-op leaders effectively run their communities.

Enjoy this episode as Paul discusses the resilience of Resident-Owned Communities, and how ROC USA can provide a structure that allows an exit strategy for the private community owner.

HIGHLIGHTS:

[1:53] Paul's Background
[8:59] What was Paul's first Co-Op Deal like?
[12:37] When is it in the best interest of a Co-Op to revert back to private ownership of their community?
[16:00] Who is the seller to a Co-Op?
[28:03] Closing Thoughts.

RESOURCES:

1