Info

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.
RSS Feed Subscribe in Apple Podcasts
Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
2019
February
January


2018
December
November
October
September
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December


All Episodes
Archives
Now displaying: Page 1
Jun 15, 2017

Welcome to Episode 59 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Dick Ernst has been involved with the Manufactured Housing Institute (MHI) for the last 25 years, and currently serves on the board of directors. On the show, Dick discusses MHI’s financial lobbying efforts, and offers a behind-the-scenes look at what it takes to help people buy mobile homes.

 

Key Takeaways:

[1:20] Who is Dick, and how did he get into manufactured housing?

[5:45] How did Dick end up on the board of directors for MHI?

[9:05] What’s MHI’s vision for mobile home park financing?

[13:40] The whole reason banks and mortgage companies are not in this business right is because they don’t have any place to sell their loans. However, that’s about to change.

[16:10] Fannie & Freddie have dipped their toes in manufactured housing, and it has not ended well for them.

[18:30] The industry continues to grow every year at about an 8% annual rate.

[23:00] Dick believes that direct lending is the best way to deal in the manufactured housing business.

[26:25] Join us next week to listen to part 2 of Dick’s interview!

 

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.net

Mfghome.org

Finmarkusa.com

 

0 Comments
Adding comments is not available at this time.