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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 30, 2017

Welcome to Episode 86 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This episode is a continuation of last week’s interview with Ben Braband, a park owner who owns 2,300 pads and has been in business for the last 12 years. On the show, Ben shares how he organizes and manages his mobile homes and where he sees his business heading in the future.

 

Key Takeaways:

[1:40] With 2,300, how does Ben keep organized?

[5:20] How empowered are Ben’s managers? What do they handle?

[7:45] How does Ben compensate his managers?

[16:40] Would Ben like to grow and expand his business in the next couple of years?

[17:45] How does Ben approach his deal sourcing opportunities?

[18:55] Does Ben plan on selling anytime soon?

[20:40] How has Ben involved his kids in the business that they may inherit one day?
[22:25] What advice does Ben have for those who want to get into the business?

 

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

MobileHomeUniversity.com

Dave Reynolds, MHP Funds

Waste Water Treatment Plant

WWTP Inspections and Reporting

CAPEX

Saddlebackcommunities.com

 

 
 
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