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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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Nov 11, 2017

Welcome to Episode 83 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson sits down to do a quick recap of the 2017 National Communities Council that he attended in Chicago. It’s a great place to get industry-related news as well as to network! 

 

Key Takeaways:

[1:35] Around 400-500 attendees showed up at this years NCC trade show. 

[3:00] Hopefully we will see less regulation in the next couple of years. 

[5:15] Jefferson attended a seminar about using technology tools (ManageAmerica) to better manage your mobile home park. 

[7:25] ManageAmerica, like RentManager, works with cheque scanners! 

[9:55] There was a panel on how you can better manage natural disasters. 

[12:25] If you want to help the victims of East Texas, please use a reputable charity that’s helping those in need. 

[14:55] It is estimated that Florida has had over 2.5m claims for assistance, and 1/3 of those have been served. 2/3 of people who have been hit by hurricane Irma are still waiting for government assistance. 

[15:50] The government (Florida and Texas) is being extremely incentive towards mobile home tenants who have recently been knocked on their backs from the hurricane. 

[18:25] Encourage your residents to get flood insurance. Most mobile home insurance plans don’t come with flooding. 

[19:00] Jefferson recommends you attend next year’s NCC event, especially for networking! 

 

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

Manageamerica.com

Rentmanager.com

 

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