Mobile Home Park Investing with Andrew Keel

epicrealestate epicrealestate | 4 years ago

This Sunday, Matt interviews Andrew Keel, a CEO of Keel Team, a company that currently manages 16 manufactured housing communities across seven states. Tune in and find out what are the things you have to watch out when moving into mobile home parks, what skills are required for this kind of business, what Andrew thinks about 2020 recession, and many more! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ep. 130: Deals on Wheels with Andrew Keel

casmoncapital casmoncapital | 4 years ago

Inspired by “Deals on Wheels” by Lonnie Scruggs, Andrew Keel started with a single mobile home unit, before being able to acquire his first mobile home park. He started with little money and built his portfolio over time. He now manages 16 communities across six states. Today, he shared how he acquired his first commercial deal and why he likes investing in the Midwest. Partner: Download a Free Sample Apartment Deal Package Key Insights Started buying mobile home units inside of a...

Mobile Home Park Investment with Kevin Bupp | 599

epicrealestate epicrealestate | 5 years ago

Meet Kevin Bupp, a real estate expert, and a CEO of Sunrise Capital Investors. He is here to tell you more about a slightly different business, mobile home park investment! Learn what to look for when acquiring home parks, how the process of negotiating the purchase differs from buying a single-family house, and the 3 guiding principles for Kevin’s success. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ep. 68: Pros of Mobile Home Park and Self-Storage Investing with Hunter Thompson

casmoncapital casmoncapital | 5 years ago

Eager to make it as an investor, Hunter Thompson was up for any vehicle that has risk-adjusted returns with predictable income and results. After the European Debt Crisis, which caused great volatility in the US stock market, it became apparent to him that real estate is the key. Hence, he became a full-time real estate investor. Hunter started by pooling funds from family and friends and to date, he has raised $20 million in private capital. He is the host of the Cash Flow Connections Podca...

Sales leader to top 100 Mobile Home Park Investor with Jefferson Lilly

jakeandgino jakeandgino | 6 years ago

In this episode we interview Jefferson Lilly from Park Street Partners. Jefferson and his team have purchased 19 mobile home parks with values over $30 million in the past 10 years. He's found his niche and he's sticking to it! In the episode you will discover: -MHP's for retirement income -Cash Flow -MHP cap rates -MHP management -Financing strategies -Due diligence -Jefferson's mastermind -MHP expenses -Deal flow -And much much more! Park Street Partners | Team

Dallas investment firm acquires St. Pete mobile home park

bizjournals bizjournals | 1 year ago

The Pelican Palms Village has a new owner.

thinkrealty thinkrealty | 1 year ago

I’ve had a front row seat to nearly four decades in the manufactured home industry. I started in the industry in 1982 by answering a newspaper ad to sell mobile… more The post Investing in Mobile/Manufactured Homes appeared first on Think Realty | A Real Estate of Mind.

Transitioning To Multifamily Investing With Andrew Cushman

jakeandgino jakeandgino | 2 years ago

Do not give up when you believe that you can do it. It may take a while but eventually persistence does give you what you started it for. It is about patience. In this podcast, Jake and Gino interview Andrew Cushman. Andrew is a former chemical engineer who found his entrepreneurial calling in real estate. In 2007 Andrew left his corporate position to start a business in real estate investment, starting off flipping single family properties in Southern California. Sensing a shift in the marke...

Mobile Home Prices Increased 50% During Pandemic - Real Estate Investing Today

realestateinvestingtoday realestateinvestingt... | 1 year ago

A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long been a way for lower-income folks to become homeowners. In fact, data show that 20 million Americans live in mobile homes nationwide, roughly 6% of all residences. However, it has been reported that this demographic is also feeling the pressure of rising costs. “In interviews with a dozen mob...

RCRE - Cracking Mobile Home Parks with Ekatarina Stepanova

jakeandgino jakeandgino | 3 years ago

Will Coleman and Mike Taravella interview Ekatarina Stepanova of M2K Partners. Key Information: Mobile home parks are divided into lots which have homes owned by either the park or the tenants. Mobile homes are considered personal property and not real estate. When underwriting mobile home parks, only underwrite the lots and do not include the homes. Banks typically do not lend on homes in parks because of their rapid depreciation. Look to optimize the infrastructure in the park: septic ta...