Welcome to episode 38 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Brad is off this week, so it’s just your co-host Jefferson! Today, in this quick 12-minute episode, Jefferson goes through the steps he takes -- what a typical diligence trip looks like for him.
[1:00] On today's show, Jefferson will cover what a typical diligence trip looks like for him.
[2:15] Jefferson flew into Detroit, and made it a point to see the property while the sun was still up.
[4:40] Jefferson also didn’t let the manager know he was coming.
[5:20] Before leaving this part of Michigan, Jefferson visited other mobile home parks in the area to do a comparison.
[6:20] Jefferson drove to Dayton, Ohio to visit another property. Again, he didn’t tell the manager he was coming.
[8:40] Jefferson asked one of the tenants what he thought of the manager.
[9:30] It’s important to capture video on all of these properties, so you can remember them at a later time.
[9:55] Jefferson went to Michigan, Ohio, accidentally drove to Kentucky, and then onward to Indiana, before going back home.
[10:45] Only do these types of trips when you have properties under contract.
Mentioned in This Episode:
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