Raising Private Money with Jay Conner
The Mobile Home Park Niche: A Profitable and Overlooked Real Estate Opportunity
Welcome to another episode of the Raising Private Money podcast!
In today's episode, we have an exciting discussion lined up for you. Our host, Jay Conner, is joined by a special guest, Jefferson Lilly, who is an expert in raising private money for real estate deals, particularly in the mobile home park niche.
Get ready to dive into a fascinating conversation about this investment niche that is often overlooked and unknown to many. Jefferson Lilly, one of America's largest mobile home park owners and operators will share their insights and experiences, having raised millions of dollars in private money specifically for mobile home parks. With a portfolio of 43 parks across 15 states, valued at $81 million, Jefferson’s expertise is second to none.
Join us as we explore the unique dynamics of mobile home park investing, including the key factors that make it a compelling investment opportunity. Discover how this niche can provide stability, lower repair and maintenance costs, and limited competition due to regulatory restrictions on building new apartment buildings.
But that's not all – this episode also delves into the art of Raising Private Money for real estate investments. Learn the strategies and secrets Jay & Jefferson had used to secure funding for their deals, whether single-family houses, multifamily properties, or mobile home parks.
Whether you're an investor looking to raise private money or someone interested in being a passive real estate investor, this episode has something for you. Don't miss out on this valuable discussion that could shape your investment journey!
Timestamps:
1:01 - Raising Private Money For Mobile Home Park Investing
2:38 - Private Money Academy Conference: Oct 25th, 26th & 27th, 2023
6:44 - Mobile Home Park: Superior Multi-Family Asset Class
9:31 - How Does Private Money Work With Mobile Home Business?
12:55 - Most Transactions Require All The Cash
14:40 - Lessons Learned In Raising Capital
19:10 - Getting Involved In RE Investing Online Groups Starts With Giving First
22:40 - Mobile Home Parks: Low Competition, Low Maintenance.
26:34 - Restrictions Make New Mobile Home Parks Unfeasible.
27:51 - Few New Mobile Home Parks, Stable Assets, Less Competition
29:10 - Invest In Mobile Home Park: https://www.ParkAvenuePartners.com
31:11 - Connect With Jefferson Lilly: https://www.MobileHomeParkInvestors.com
Connect With Jay Conner:
Private Money Academy Conference:
Free Report:
https://www.jayconner.com/MoneyReport
Join the Private Money Academy:
https://www.JayConner.com/trial/
Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book
What is Private Money? Real Estate Investing with Jay Conner
http://www.JayConner.com/MoneyPodcast
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
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