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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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Mar 8, 2018

Welcome to Episode 94 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today’s guest is DJ Pendleton, the Executive Director of the Texas Manufactured Housing Association. DJ discuss the behind-the-scenes of what goes into lobbying for the manufactured housing industry in Texas and what kinds of things the Association pushes for in the legislature.

 

Key Takeaways:

[3:15] What did DJ do prior to getting into the mobile home park industry?

[6:10] What is the main mission or objective of the Texas Manufactured Housing Association?

[9:05] The Texas MHA has both annual and quarterly meetings with the members.

[10:45] What kind of data does the Texas MHA collect among its members?

[12:45] How does DJ prioritize what to lobby against?

[18:15] In what areas is Texas leading the charge in legislature compared to other states?

[22:15] What kind of legislature wins has Texas had over the years?

[29:30] DJ discusses how the Texas MHA was able to get rid of over a million tax liens on mobile homes.

[37:25] What are some of the Texas MHA goals for this year?

[41:05] If a septic field fails, you can not rebuild it in Texas if it’s within 50 ft of a property line. Is this true?

[44:15] What happens to the victims of the hurricane disaster who were living in mobile homes? Will they be able to move back into their homes?

 

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
Texasmha.com

Email DJ: dpendleton@texasmha.com

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