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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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Oct 18, 2017

Welcome to Episode 77 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson recently attended the Southeastern Community Owners Trade Show, which is a smaller version of the NCC Show. There were only about 300 people who attended this year, which makes it a great place to meet fellow homeowners and industry professionals. Jefferson does a recap of some of the key takeaways he’s learned while he attended the conference.

 

Key Takeaways:

[:50] Just a quick update on the SECO conference.

[1:25] SECO was held on the 11th and 12th of October in Atlanta.

[1:45] Jefferson recommends owners should attend next year’s SECO conference.

[2:50] Jefferson recently learned that you are 50% less likely to close a sale if you take more than 5 minutes to return a call to a tenant.

[5:50] Next Step Homes is trying to help more people qualify to buy a mobile home.

[8:20] Tenants equate cleanliness to a higher rate of safety in your park. So keep that place clean!

[12:00] At the conference, they raffled off a brand new $30,000 home! Unfortunately, Jefferson did not win it this time.

[15:10] Credit Human will now lend to mobile home owners directly. Minimum score has to be 700.

[18:35] Jefferson also did a presentation at the conference. His talk was titled, “Mobile Home Park 2.0.”

 

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

Seco2017.com

Mhvillage.com

Nextstepus.org

Rentertext.com

Credithuman.com

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