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Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

The Mobile Home Park Investors Podcast is the world’s first podcast dedicated to mobile home park investing. This weekly podcast explains the intricacies of this unique real estate niche and details why an investor would want to own a mobile home park, either directly or through a real estate fund. Current manufactured housing community owners will find this podcast helpful in improving their mobile home park’s operations and profitability. The Podcast is hosted by Jefferson Lilly and Brad Johnson who are the co-founders of Park Street Partners, a private real estate investment firm focused on mobile home parks. The company seeks to deliver its investors superior cash flow returns by acquiring and investing in undervalued mobile home parks. Park Street Partners does this while helping to solve America’s affordable housing crisis by improving communities and increasing the supply of housing in the markets it operates in.
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Now displaying: October, 2018
Oct 25, 2018

Welcome to Episode 113 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Rich Voboril is the General Manager and one of the five Owners and Founders of PEP Lending; he shares how he helps tenants with bad credit get back on their feet and become a reliable and good tenant for mobile home park owners. Rich details his services and how he can help people who are looking to invest in a mobile home.

Key Takeaways:

[1:40] What did Rich do prior to joining PEP?

[4:00] What types of lending programs does Rich offer to his customers?

[4:40] Most of Rich’s customers have dealt with credit problems in the past.

[7:10] The biggest loan Rich and his team have made was around $80,000.

[7:40] Does a park owner have to become a licensed dealer in order to work with PEP?

[11:00] How are the agreements usually structured between the park owner and tenant?

[12:15] Rich explains what a typical loan structure looks like and how much a tenant pays, on average.

[14:00] Do tenants need to find their own mobile parks or does PEP handle that?

[16:30] Why does Rich not rely on bluebook mobile home values?

[17:45] Are there characteristics of a mobile home that Rich and team will not finance?

[19:35] What happens if the tenant is paying PEP but not the park owner lot rent? Or vice versa?

[22:20] What happens if a customer defaults?

[26:30] Rich prides himself and his company for being very accessible. You will always get a real, live person answering your call!

 

Mentioned in This Episode:

Park Street Partners

Investment Opportunities

Park Street Partners Business Resources

LinkedIn: Mobile Home Park Investors Group

Send deals to Deals@parkstreetpartners.com

PEPlending.com

Call Rich: 708-478-5251

Email Rich: RVoboril@PepLending.com

Oct 4, 2018

Welcome to Episode 112 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today’s guest brings an interesting perspective and talent to the industry. Marisa Murrow is a visual artist and painter, and her subject matter? Mobile homes! Marisa explains on today’s show why mobile homes make her feel peaceful and free on today’s episode!

 

Key Takeaways:

[2:25] What did Marisa do before she became a visual artist?

[5:30] What kind of paint styles does she use?

[6:30] How did Marisa get started in painting mobile home parks?

[8:15] Marisa has been making mobile home park paintings for the last 15 years.

[9:05] How many mobile homes has Marisa painted over the years?

[11:35] What is Marisa process and how does she get started on painting a mobile home?

[13:55] Marisa also does mobile home park sculptures!

[17:10] What do people think of Marisa’s work?

[22:10] How much does Marisa’s artwork sell for?

[23:05] Marisa explains how her style has evolved over the years.

[27:15] Marisa shares some funny stories about dealing with mobile home park owners and tenants.

 

Mentioned in This Episode:

Park Street Partners

Investment Opportunities

Park Street Partners Business Resources

LinkedIn: Mobile Home Park Investors Group

Send deals to Deals@parkstreetpartners.com

Marisamurrow.com

Wayne Thiebaud

Oct 4, 2018

Welcome to Episode 112 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today’s guest brings an interesting perspective and talent to the industry. Marisa Murrow is a visual artist and painter, and her subject matter? Mobile homes! Marisa explains on today’s show why mobile homes make her feel peaceful and free on today’s episode!

 

Key Takeaways:

[2:25] What did Marisa do before she became a visual artist?

[5:30] What kind of paint styles does she use?

[6:30] How did Marisa get started in painting mobile home parks?

[8:15] Marisa has been making mobile home park paintings for the last 15 years.

[9:05] How many mobile homes has Marisa painted over the years?

[11:35] What is Marisa process and how does she get started on painting a mobile home?

[13:55] Marisa also does mobile home park sculptures!

[17:10] What do people think of Marisa’s work?

[22:10] How much does Marisa’s artwork sell for?

[23:05] Marisa explains how her style has evolved over the years.

[27:15] Marisa shares some funny stories about dealing with mobile home park owners and tenants.

 

Mentioned in This Episode:

Park Street Partners

Investment Opportunities

Park Street Partners Business Resources

LinkedIn: Mobile Home Park Investors Group

Send deals to Deals@parkstreetpartners.com

Marisamurrow.com

Wayne Thiebaud

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