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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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Feb 22, 2018

Welcome to Episode 92 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson sits down with Jill Denlea, who is in the process of buying her first mobile home park. On the show, she discusses her experiences and what kind of lessons she’s learned so far about buying her first mobile home park!

 

Key Takeaways:

[2:30] Who is Jill and what is her background?

[8:15] Jill recently got into mobile home parks. How did Jill find her first park and how big is it?

[13:05] How did Jill get her legal contract?

[14:55] What kind of due diligence did Jill do before purchasing the property?

[16:55] How is Jill best finding her inspectors?

[20:15] What are Jill’s plans for the property?

[23:00] The mobile park does not have a website nor are they in the yellow pages.

[26:55] Will Jill be needing to enforce the rules in this park?

[29:35] It’s important to really educate yourself about this space because it’s a completely different animal than traditional real estate.

 

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
Jill on LinkedIn

Email Jill: JPDenlea@comcast.net

 

 

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