Mobile Home Parks In Real Life (MHP_IRL)

“Diligence is the mother of good fortune,” quote by Benjamin Disraeli. Due diligence can be FUN. You'll play detective, but for your own investment purposes. But this crucial step in the acquisition cycle must not be taken lightly, with thousands if not millions at stake. So for this Skills Series, we will cover the ins and outs of the inspection period.  Mentorship Program: https://themhppros.com/ Join our Facebook Group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks For more, check out our website: http://www.archimedesgrp.com/

On this COVID-19 update, I'll discuss April collections along with conversions I've had all month with lenders, investors, owners and operators.   Fear permeates the marketplace. Bankers have hit the pause button for 30 days. SBA PPP loans saturate lenders capacity to underwrite loans. Sure, investors still have strong interest, but what happens if lending dries up for a longer period of time? Mentorship Program: https://themhppros.com/ http://www.archimedesgrp.com/   #MHP #MHP_IRL   Join our Facebook group!   https://www.facebook.com/groups/225028118382839/?ref=bookmarks   Reference links: https://www.nytimes.com/2020/04/08/business/economy/coronavirus-rent.html https://www.mpamag.com/commercial/multifamily-rent-growth-slowed-by-covid19-in-march-219383.aspx https://www.mhvillage.com/pro/manufactured-home-communities-promising-trend-april-rents/?fbclid=IwAR3hBoP6gaJIhFApd1vjjNAPsIUPhff-Xwinb3NPko5wouVhyTJK0da07I0

In the car industry, complainers deliberately seek to dissuade you from going the extra mile. This leaves more potential car deals for themselves. While intentionally manipulative pessimists may not exist in the MHP industry, the same negativity cycle perpetuates. On this Mid Month Wisdom, we will expose this sneaky behavior and explain how to avoid succumbing to it. Mentorship Program: https://themhppros.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Sticky, long term tenants prove a big advantage for MHPs over other multifamily asset classes. But typically, people that need affordable housing also present the most risk of any asset class. So how do you find sticky, long term tenants that consistently perform? On this skill series, we will discuss how to welcome in great prospects and screen out trouble. Mentorship Program: https://themhppros.com/ http://www.archimedesgrp.com/ #MHP #MHP_IRL  Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

How has COVID-19 affected MHP pricing? What should we be focused on in the short run and in the long run? On this bonus episode, we will discuss what may be coming. Mentorship Program: https://themhppros.com/ http://www.archimedesgrp.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Sellers generally fall into one of two buckets: The Legacy Creator and The Highest Bidder. So how does one buy from each? On this mid month wisdom, we will discuss how each type of seller thinks, so you can properly position yourself to purchase their property.  Mentorship Program: https://themhppros.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Wealth building is a skill like anything else. Most people don't invest enough. Those that invest, don't pick appropriate investments. This all comes down to effort and skill. On this Skill Series episode, we will discuss what it takes to build that skill, as well as what basic mistakes you might be making, and how to correct them. Mentorship Program: https://themhppros.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

People gravitate towards completing activities they enjoy doing and generally avoid tasks they find unpleasant. So how can we apply this knowledge to Real Estate, and fix what we are doing wrong? Mentorship Program: https://themhppros.com/

To understand how to work with brokers, you need to understand how brokers work. Join Kevan Enger and I on a discussion about what it takes to make it in brokerage, so you can develop healthy, fruitful relationships with brokers. Mentorship Program: https://themhppros.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

How do you achieve 1% wealth? You must offer 1% something. You must be 1% smart, or 1% hard working, or 1% good looking. Or 1% lucky! On this episode, I'll explain how to break into the 1%, even if you aren't 1%. Mentorship Program: https://themhppros.com/ http://www.archimedesgrp.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks