Mobile Home Parks In Real Life (MHP_IRL) W2 to MHP Owner: How Shawn Dwyer Kept His Job and Bought a MHP
Dec 1, 2022
Shawn Dwyer, a mobile home park owner, reveals how he navigated the transition from a corporate career to successful MHP ownership. He discusses the challenges he faced and the importance of diversification and mentorship in his investment strategy. Shawn highlights the impact of economic changes on job security, advocating for continuous learning. His heartfelt story about fostering genuine connections in the MHP community underscores personal growth and the supportive network that helped him pursue his dreams while keeping his full-time job.
AI Snips
Chapters
Transcript
Episode notes
Obsolete Skills
- Shawn Dwyer recounts a story about an older, unemployable computer programmer.
- This programmer's specialized skills became obsolete, highlighting the risk of over-reliance on niche skills.
Diversify Investments
- Diversify income streams to protect against market volatility and skill obsolescence. Consider commercial real estate as a more controllable investment than stocks.
MHP Price Explosion
- Inspired by podcasts, Shawn Dwyer decided to invest in mobile home parks after his mother's passing. He noticed mobile home park prices exploded between 2017 and 2020.