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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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Feb 25, 2016

Welcome to episode 11 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with Park Street Partners. This is part 2 of 3 episodes where Jefferson and Brad discuss what you should do over the first 30 days that you own your park. Following up on last week’s cliff hanger, today’s episode will cover advice on setting up your park’s website, marketing and advertising, and installing or managing your park’s water meters.  

 

Key Takeaways:

[1:28] You can easily set up your property’s website using Square Space or Wix.

[3:44] Square Space has some cool analytics that show traffic volume.

[4:20] What are the key things to put up on your website? 

[6:58] You can advertise across various sources such as Zillow, Craigslist, and Trulia.

[8:48] Include your URL in the medium you advertise in.

[11:32] Make sure to get new signage for your park.

[13:56] Jefferson discusses details and importance of installing a water meter in your park. 

[19:13] Don’t try to make a profit on the water.

[22:05] How to manage if your park already has water meters, meaning it’s sub-metered.

[25:19] Listen to next week’s podcast for part 3 on the first 30 days of owning your park.


Mentions:

http://www.parkstreetpartners.com/

http://www.parkstreetpartners.net/real-estate-syndication/

http://www.parkstreetpartners.net/resources/

http://www.mobilehomeparkinvestors.net/

https://www.linkedin.com/groups/131404/profile

http://www.squarespace.com/

http://www.wix.com/

http://www.zillow.com/

https://www.craigslist.org/about/sites

http://www.trulia.com/

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