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Today's episode is from Mobile Home Park #95 that originally aired on Sep. 25, 2018.
Kevin shares the mic with Mike Johnson, Owner of the blog Perpatualsaturday.com, and owner of 3 Mobile Home Parks.
Mike is passionate about helping others retire in 12 months, no matter where they are financially. Impossible? Think again: Mike landed on the asset class of Mobile Home Parks to fund his retirement.
He is now the owner of 3 Mobile Home Parks, which are made 95% passive by hiring the right managers to run them.
HIGHLIGHTS:
7:22 - Mike’s background? 12:50 - Mike’s first deal 17:33 - Mike shares his story of fixing his first park’s septic 23:03 - Mike’s 2nd & 3rd MHP deals 26:20 - Advice on owning rural parks 28:41 - Mike’s biggest mistakes in the MHP business. 31:20 - Find the right managers to oversee your parks. 34:12 - Importance of Work-Life Balance, & how Mike is able to achieve it
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.