The Mobile Home Park Lawyer Podcast

Welcome to our latest episode! Join us as we dive into the world of mobile home park investing with a true expert, Nicholas Yale, Co-Founder of Liberty Capital Group. Nicholas embarked on his journey in 2020, and by the beginning of 2021, he closed his first deal, a 55-unit park in Florida. Since then, he's expanded his portfolio, acquiring a total of 10 parks, ranging from a 27 unit retreat to a spacious 67-unit haven.   Nicholas has a unique passion for RV parks, and in the last two months, he's shifted his focus to these gems. As a hands-on investor, Nicholas self-manages all his properties and leverages technology to streamline operations.   In this episode, Nicholas shares his insights on the strategies that have fueled his success in the mobile home park industry. He delves into the benefits and challenges of utilizing Campspot for campgrounds, explores the advantages of hybrid parks, and navigates the intricacies of their regulations. From managing mobile home communities to RV parks, Nicholas discusses the challenges faced and lessons learned, offering a wealth of knowledge for both seasoned investors and newcomers alike.   Learn how Nicholas has mastered the art of streamlining operations, enhancing efficiency in property management, and embracing technology to its fullest. Discover the secrets to staff training, handling transactions, and the pursuit of achieving zero occupancy in parks. Don't miss this episode for a front-row seat to Nicholas Yale's invaluable tips and strategies for success in the dynamic world of mobile home park investing! Tune in now!   Highlights of the episode: 00:00:36 Guest Introduction & Background: Nicholas Yale 00:01:12 Strategies for success in the mobile home park industry 00:05:00 The benefits and challenges of using Campspot for campgrounds 00:10:00 The advantages of hybrid parks and their regulations 00:15:00 Challenges and lessons learned in managing mobile home and RV parks  00:20:00 Streamlining operations and improving efficiency in property management 00:25:00 Challenges and solutions for staff training and handling transactions 00:30:00 Challenges and strategies for achieving zero occupancy in parks 00:35:01 Tips for success in the mobile home park industry   Connecting with MHP Law:    Website: https://themobilehomelawyer.com/ Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069 LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/ Instagram: https://www.instagram.com/themhplawyer Connecting with Guest:    Website: https://thefirmmhp.com/ Linkedin: https://www.linkedin.com/in/nickyale/   #MobileHomeInvesting #PropertyManagement #RVParks

Welcome to another episode! We sit down with Kirby Horton, Co-Chief Executive Officer of The Firm Inc., a seasoned expert with over 30 years in the insurance business and a remarkable 16 years dedicated to the world of manufactured housing. Kirby brings a wealth of knowledge acquired through years of buying, selling, and operating mobile home parks, primarily in the dynamic southeast US.   In this episode, Kirby shares invaluable insights and advice on wealth generation in the mobile home park arena. From the successful acquisition and improvement of mobile home parks to strategies for a seamless exit, Kirby delves into the finer points of the industry. He discusses the pivotal role of creating a welcoming environment for businesses and the challenges faced when adapting to evolving circumstances.   Kirby also emphasizes the importance of empowering and supporting community managers, incentivizing home improvements within mobile home parks, and the considerations one must weigh when buying new homes in communities. Join us as Kirby unravels the intricate process of preparing a lot for a manufactured home and sheds light on the changing terminology within the mobile home park industry.   Whether you're a seasoned investor or someone intrigued by the mobile home park landscape, this episode promises a wealth of information and actionable insights. Tune in now for a masterclass in mobile home park investing!   Highlights of the episode: 00:00:36 Guest Introduction & Background: Kirby Horton 00:01:51 Insights and advice for generating wealth in mobile home parks 00:05:00 The success of purchasing and improving mobile home park 00:10:02 Strategies for successfully exiting a mobile home park 00:15:00 The importance of a welcoming environment for businesses and the challenges faced when adapting to changing circumstances 00:20:02 Empowering and supporting community managers 00:25:00 Incentivizing home improvements in a mobile home park 00:30:01 Considerations when buying new homes in communities 00:35:01 The process of preparing a lot for a manufactured home 00:40:04 Changing terminology in the mobile home park industry   Connecting with MHP Law:    Website: https://themobilehomelawyer.com/ Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069 LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/ Instagram: https://www.instagram.com/themhplawyer Connecting with Guest:    Website: https://thefirmmhp.com/ Linkedin: https://www.linkedin.com/in/kirbyhorton/ Instagram: https://www.instagram.com/thefirmmhp/ Facebook: https://www.facebook.com/TheFirmIncTN   #MobileHomeInvesting #ManufacturedHousingInsights #PropertyManagementTips

Welcome to our latest episode. Today, we're honored to have Jason Postill and Tyler Lekas, distinguished figures in the mobile home park investment field, sharing their expertise.   Jason Postill After concluding his professional baseball career in 2015, Jason ventured into real estate, making significant strides. Joining a publicly traded real estate investment firm transacting over $46 billion annually, he specialized in multifamily and apartment property transactions. In 2019, Jason co-founded MHCI Group, now the largest private owner of mobile home parks in Arkansas. His expertise encompasses strategic planning, company systems, and operations, with direct responsibilities in marketing operations, acquisitions, debt placement, and investor relations.   Tyler Lekas Tyler's career began as a Financial Advisor, managing a hybrid book of retail and institutional money at Stifel Nicolaus. In 2017, he delved into mobile home park acquisitions, swiftly becoming a prominent figure. As a partner in MHCI Group, Tyler oversees property management, construction, inspections, private utility expertise, and new/used home infills within each property.   In this episode, Jason and Tyler share insights into various aspects of mobile home park investment. They discuss their strategies for success in acquiring and stabilizing mobile home parks, the nuances of investing in this unique sector, and the complexities of due diligence when purchasing lots for houses. Gain a peek into the decision-making processes of mobile home park tenants and delve into the challenges and risks associated with giving away houses for free. Learn how to turn challenges into profitable opportunities with success stories in Handyman Specials. The duo also reveals their proven methods for maximizing profits while minimizing costs and the effectiveness of cold calling in the mobile home park business. Gain firsthand insights into the hurdles and triumphs of operating mobile home parks. Join us for an episode packed with valuable insights, industry wisdom, and practical advice Tune in now!   Highlights of the episode: 00:00:36 Guest Introduction & Background: Jason Postill and Tyler Lekas 00:01:02 Tyler & Jason's success in Mobile Home Parks 00:05:01 Acquiring and stabilizing mobile home parks 00:10:01 Investing in a mobile home park 00:15:00  Due diligence for purchasing lots for houses. 00:20:01 Understanding Tenant Decisions 00:25:03 The risks of giving away houses for free 00:30:01 Success with Handyman Specials 00:35:00 Maximizing profits and minimizing costs 00:40:01 Cold Calling: The Most Effective Way 00:45:01 Challenges of operating mobile home parks   Connecting with MHP Law:    Website: https://themobilehomelawyer.com/ Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069 LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/ Instagram: https://www.instagram.com/themhplawyer Connecting with Guest:    Jason Postill Website: https://www.jpcapitalsolutions.com/ Linkedin: https://www.linkedin.com/in/jpcapitalsolutions/ Tyler Lekas Website: https://www.jpcapitalsolutions.com/ Linkedin: https://www.linkedin.com/in/tyler-lekas-0087aa64/ #MobileHomeInvesting #RealEstateInsights #ProfitableStrategies

Welcome to another episode! Today, we sit down with Emma Norman, a Mobile Home Park Loan Specialist and Commercial Real Estate Specialist. Emma's passion for affordable and attainable housing shines through her unique journey and deep understanding of mobile home parks (MHPs). Having been a property manager for MHPs and RV parks, Emma brings a wealth of hands-on experience. Her love for Class Cs and Ds isn't about embracing trouble but rather kicking out the undesirable elements, making these communities safer and more secure for everyone involved. In this episode, Emma shares her perspectives on the Mobile Home Park Loans Market and Financing Commercial Real Estate. She delves into the lender's viewpoint on recourse loans, offering insights into securing financing for a property and navigating challenges like increasing liquidity requirements and deal cancellations.Emma sheds light on bankers' strategies to protect themselves in the complex world of real estate financing. Tune in as she provides invaluable tips for successful real estate financing, from securing a real estate loan to forming successful partnerships. If you're passionate about making a difference in communities and navigating the financial landscape of mobile home park investing, this  episode is a must. Gain practical knowledge and be inspired by her dedication to creating a generational impact beyond the lucrative side of real estate. Join us for a conversation that goes beyond wealth – it's about making a lasting difference in the world of Mobile Home Park investments. Highlights of the episode: 00:00:36 Guest Introduction & Background: Emma Norman 00:01:57 Mobile Home Park Loans Market 00:05:00 Financing Commercial Real Estate 00:10:03 Lender's Perspective on Recourse Loans 00:15:00 Securing financing for a property 00:20:01 Increasing Liquidity Requirements & Deal Cancellations 00:25:00 Bankers' strategies to protect themselves 00:30:00 Tips for successful real estate financing 00:35:01 Securing a Real Estate Loan 00:40:02 Tips for forming a successful partnership 00:44:04 Closing   Connecting with MHP Law:    Website: https://themobilehomelawyer.com/ Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069 LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/ Instagram: https://www.instagram.com/themhplawyer Connecting with Guest:    Website: https://easternunion.com/ Linkedin: https://www.linkedin.com/in/emmalnormanmhp/   #RealEstateFinancing #MobileHomeParkInvesting #FinancialStrategies

Tim Woodbridge, a multifamily real estate owner/operator, discusses working smarter, recognizing deal parameters, the benefits of appraisals, actions for successful refinancing, planning for unexpected challenges, and the significance of working with brokers in real estate investing.

Welcome to another episode. Today we talk to Max Baker, CEO of The Mobile Home Park Broker. With a history in mobile home parks dating back to 2000, Max shares his journey into this niche, which began with hands-on experience in park management, rehabilitation, and sales. As the driving force behind The MHP Broker, Max boasts a remarkable track record, having successfully closed over $600 million in mobile home community deals since founding the company in 2009. He excels in structuring complex transactions, utilizing owner financing, research, outsourcing, and deal-making. This episode features Max's insights on creative financing, market dynamics, and valuable tips for buyers and sellers in this specialized field. Discover his strategies for closing deals and sealing off-market opportunities. If you're interested in mobile home park investments, this episode is a treasure trove of knowledge. Don't miss the full episode - tune in now for a masterclass in this unique industry!   Highlights of the episode: 00:00:36 Guest Introduction & Background: Max Baker 00:01:16 Max Baker's Journey in Mobile Home Park Investing 00:05:02 Entering the Mobile Home Park Brokerage Business 00:10:01 Creative financing in real estate 00:15:01 Real estate market volatility 00:20:01 Real Estate Tips for Buyers and Sellers 00:25:01 Increasing the probability of closing a deal 00:30:01 Strategies for closing off-market deals 00:35:02 Navigating the Mobile Home Park Market 00:40:00 Assistance with buying/selling mobile home parks 00:40:55 Closing Connecting with MHP Law:    Website: https://themobilehomelawyer.com/ Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069 LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/ Instagram: https://www.instagram.com/themhplawyer Connecting with Guest:    Website: https://themhpbroker.com/ Linkedin: https://www.linkedin.com/in/maxwellbaker/ Instagram: https://www.instagram.com/themhpbroker/ Facebook: https://web.facebook.com/themhpbroker/?_rdc=1&_rdr Youtube: https://www.youtube.com/channel/UCy51Xc8WnS93x2AIxFATCAQ   #MobileHomeParks #MHPInvesting #CreativeFinancing

In this episode, we sit down with Jose Garcia, widely known as the 'Trailer Park King' and the best-selling author of 'How to Become the Next Mobile Home Millionaire.' With over seven years of experience in mobile home park investing, Jose covers the southeastern United States and is on a mission to expand even further. He's an investor, coach, and mentor, guiding others to tap into the potential of mobile homes and trailer parks. In this conversation, Jose shares his journey in mobile home park investing, the role of Lonnie dealers, tips for tenant screening, unique considerations in mobile home investing, and how to deal with delays in lot rent while maintaining transparency. If you're looking for valuable insights from an industry expert, this episode is a must watch. Tune in now!   Highlights of the episode: 00:00:36 Guest Introduction & Background: Jose Garcia 00:01:22 Jose's Journey to Mobile Home Park Investing 00:05:00 Investing in Mobile Homes with Lonnie dealers 00:10:01 Screening tenants for mobile home parks 00:15:01 Mobile Home Investing Considerations 00:20:00 Delays in lot rent and transparency 00:21:50 Closing   Connecting with MHP Law:    Website: https://themobilehomelawyer.com/ Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069 LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/ Instagram: https://www.instagram.com/themhplawyer Connecting with Guest:    Website: https://garciamobilehomeuniversity.com/ Linkedin: https://www.linkedin.com/in/jose-garcia-aba7b1158/ Instagram: https://www.instagram.com/garcia_mobile_home_university/ X: https://twitter.com/coach_investor Facebook: https://www.facebook.com/Garciamhu Youtube: https://www.youtube.com/channel/UCdrOrDV2nsxUOh-fS53S9zQ #MobileHomeInvesting #RealEstateMentor #FinancialIndependence

In this episode, we sit down with Ben Braband, the owner of Saddleback Valley Communities, a mobile home park portfolio spanning 46 parks across 9 states. With experience as a former Los Angeles Police Officer and Naval Intelligence Specialist, Ben brings a unique perspective to real estate investment. Ben shares his journey in mobile home park investments, focusing on mitigating risks to compete with REITs. He also discusses raising capital in uncertain times and the challenges of borrowing money in today's real estate market. Listeners will gain insights into the current real estate market challenges and strategies for growing and scaling a business. If you're seeking tips and tricks from a seasoned pro, don't miss this episode. Tune in now!   Highlights of the episode: 00:00:36 Guest Introduction & Background: Ben Braband 00:01:19 Ben Bravin's Mobile Home Park Journey 00:05:01 Mitigating risk to compete with REITs 00:10:00 Raising capital in uncertain times 00:15:00 The Challenges of Borrowing Money in Today's Market 00:20:01 Real Estate Market Challenges 00:25:01 Strategies for Growing a Business 00:30:01 Strategies for scaling a business 00:35:01 Scaling a business: Considerations and Challenges 00:37:50 Tips and Tricks 00:39:28 Closing   Connecting with MHP Law:    Website: https://themobilehomelawyer.com/ Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069 LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/ Instagram: https://www.instagram.com/themhplawyer Connecting with Guest:    Website: https://saddlebackpro.com/ Linkedin: https://www.linkedin.com/in/ben-braband-5661519/ Facebook: https://www.facebook.com/saddlebackvalley.communities #RealEstateInvesting #MobileHomeParks #RaisingCapital

In this podcast episode, we interview Shawn Dwyer, the founder of Golden Oak REI and a seasoned Mobile Home Community Real Estate Investor. Shawn's mission is to assist busy professionals in creating passive income through recession-resistant real estate investments, offering solid returns with minimal risk. During this insightful discussion, Shawn delves into the nuances of Mobile Home Park analysis. He shares practical insights on navigating the market, considering the impact of narrow target criteria on deal discovery. Drawing from his extensive experience, Shawn reflects on the challenges and successes of managing his first park, offering valuable lessons for prospective investors. The conversation goes deeper as Shawn provides pragmatic advice for finding deals in today's competitive landscape. A notable highlight is Shawn's exploration of seller receptiveness, revealing the percentages of sellers open to discussion versus those who are more hesitant. He also discusses negotiation strategies, a crucial skill for successful real estate investing. For those seeking to embark on the path to passive income through recession-resistant real estate investing, this episode is a valuable resource. Shawn Dwyer's expertise and commitment to assisting busy professionals will leave you informed and well-prepared to navigate the mobile home community real estate sector. Tune in to gain insights on your journey toward financial security!   Highlights of the episode: 00:00:42 Guest Introduction & Background: Sean Dwyer 00:03:22 Analysing Mobile Home Parks 00:04:59 How narrow targets affect finding deals 00:06:29 Managing the first park 00:07:34 Best lessons learned from the first park 00:10:50 Finding deals now 00:11:37 Percentage of sellers  that are open to discussion  vs. unwilling to discuss 00:17:45 Dealing with sellers 00:22:41 Tips Tricks and suggestions 00:23:30 Closing   Connecting with MHP Law:    Website: https://themobilehomelawyer.com/ Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069 LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/ Instagram: https://www.instagram.com/themhplawyer Connecting with Guest:    Website: https://goldenoakrei.com/ Linkedin: https://www.linkedin.com/in/shawn-dwyer-go/ #MobileHomeInvesting #PassiveInvesting #MobileHomeParkDeals

In this captivating podcast episode, we have the privilege of interviewing Steve Case, a retired Air Force pilot turned mobile home park investor and the mastermind behind mobilehomeuniversity.com. With a wealth of experience and a strong emphasis on education, mentorship, and networking, Steve has established himself as a seasoned veteran in the industry.   In this insightful discussion, Steve delves into the topic of using the master lease and option to buy strategy for mobile home parks. He shares his expertise on how this unique approach can be leveraged to unlock hidden potential and maximize returns in the mobile home park investing space.   Drawing from his own experiences and the guidance of his mentors, Steve emphasizes the critical role that education, mentorship, and networking have played in shaping his successful journey in mobile home park investing. He provides valuable insights and actionable advice for aspiring investors, highlighting the importance of learning from those who have paved the way to success.   If you're interested in mobile home park investing or seeking guidance on utilizing the master lease and option to buy strategy, this episode is a must-listen. Steve Case's wealth of knowledge and passion for education will leave you inspired and equipped with valuable tools to embark on your own mobile home park investment journey. Highlights of the episode: 00:00:37 Guest Introduction & Background: Steve Case 00:05:40 SECO 00:09:05 Being Physically Present to Negotiate 00:14:03 Using the Right Custodian 00:18:53 Why Would One Want to Master Lease of the Option 00:23:13 How to Deal With Payment Issues 00:27:32 The Importance of Really Knowing the Seller 00:32:00 Taking Proper Due Diligence 00:36:05 Perry Alliance 00:38:58 “Secret Sauce” 00:42:16 The Networking 00:43:12 Closing   Connecting with MHP Law:    Website: https://themobilehomelawyer.com/ Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069 LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/ Instagram: https://www.instagram.com/themhplawyer   #MobileHomeInvesting #MasterLeaseAndOption #LearnFromTheVeteran