Michael Pansolini went from PwC and Brookfield to buying mom-and-pop mobile home parks. In this episode, he breaks down why he believes the asset class presents such a compelling opportunity for real estate investors.
Michael joins Nate and Tom to explain how his experience underwriting institutional real estate helped him build his own mobile home park portfolio and eventually co-found MHP Pros.
They dive into what makes mobile home parks different from traditional multifamily, including lower CapEx requirements, resident-owned homes, standardized HUD-code construction, and the ability to target smaller properties that often fly under the radar of institutional investors.
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