Ep. 136 | Interview With Victor Alves How To Transition From Single Family Flips Into MHPs

Mar 2, 2022

36:11

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In this week’s episode of The Mobile Home Park Lawyer Podcast, we have Victor Alves, a real estate entrepreneur and Co-Founder of Vecno capital.

Victor was a former sales district manager for a Fortune 500 company, who won several top performance awards before pursuing his career in real estate investing. He is a licensed contractor in the city of San Antonio, TX, a licensed manufactured home retailer, broker, and installer in the state of Texas, and actively serves as a Real Estate Coach for one of the nation’s leading real estate investment education companies.

If you are thinking about transitioning from single-family flips to mobile home parks, you have to see this episode. Victor tackles the steps required to take when transitioning from single-family flips to MHP, understanding demographics and clientele, finding and working with good people in the industry, and being ready for the unexpected.

Highlights of the episode:

00:50 - Introduction of the guest

01:30 - Background of the guest

06:10 - Motivation for the transition from single family flips to MHP

11:38 - Easy and hard steps through the transition

12:16 - Understanding demographics and clientele

14:05 - Utilities and working with a septic company

14:48 - Understanding infill

18:40 - Tips for people who are thinking about following Victor’s footsteps

19:58 - Finding good people in the industry

23:03 - Loans and working with lenders

26:42 - Underwriting