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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 3, 2016

Welcome to episode 36 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. It’s just Jefferson on this week’s podcast, as Brad is out of the office. Jefferson does a quick recap of the SECO (Southeast Community Owners Symposium) conference he attended in Atlanta. It’s a three-day conference jammed pack with helpful information for mobile home park owners. If you’re a mobile park owner located in the Southeast, or hoping to become a mobile home park owner, please be sure to check out the details for next year’s conference!

 

Key Takeaways:

[1:55] John writes in and asks, “How much do you pay your on-site managers?”

[3:45] Jefferson believes there were about 250 people who attended the SECO conference.

[7:00] The first session talked about how to sell homes and what kind of homes you should put in your park.

[10:10] Jefferson discovered the company Renter Text, which will help you qualify your tenants for $195 a month. Jefferson expands a bit more on this.

[12:00] Another service that was mentioned at the conference was called Roof Wrap, which offers a dense rubber ‘wrap’ to put on your leaky mobile home roof.

[14:25] The Manufacturing Housing Association is a great resource for new mobile park owners.

[16:10] When you move into a new mobile home park, make sure you use a licensed bonded mover from your state. It will save you a lot of hassle.

[17:50] Towards the end of the conference, Jefferson attended a panel that discussed what your mobile home park is worth in today’s market.

[19:40] There you go! That was the SECO conference in a nutshell.

 

Mentioned in This Episode:

Park Street Partners www.parkstreetpartners.com

Mobile Home Park Investors www.mobilehomeparkinvestors.net

 

Investment Opportunities

Park Street Partners Business Resources

LinkedIn: Mobile Home Park Investors Group

Send deals to: deals@parkstreetpartners.net

SECO Conference

Renter Text

Roof Wrap

ABT Water

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