In this power-packed episode of The MHP Show, Derek Vickers sits down with Daniel Wise Field, CEO of Three Pillar Communities, who owns an incredible 83 mobile home parks totaling 7,600 lots across 15 states. What You'll Learn: How a former corporate lawyer and diplomat built a $150+ million mobile home park portfolio The mental shift from high-achieving W-2 employee to successful entrepreneur Why "courage" is the #1 trait needed for real estate investing success How to raise capital with zero t...
Jun 17, 2025•1 hr 4 min•Ep. 96
In this solo episode of The MHP Show, I break down exactly why I'm doubling down on mobile home parks despite interest rates and inflated pricing. While others are sitting on the sidelines complaining, I'm going all-in – and here's why you should pay attention. Key Takeaways: Mobile home parks remain severely undervalued relative to demand constraints Supply is permanently restricted – you literally cannot develop new parks in major cities Rent gaps still exist in markets where $400 lot rent mee...
Jun 10, 2025•17 min•Ep. 95
In this no-BS solo episode of The MHP Show, I deliver the brutal truth about why aspiring mobile home park investors are still stuck on the sidelines. Drawing from my own early struggles starting in 2015, I break down the 10 real reasons (hint: it's not the market) that keep people from closing their first deal. This isn't about being nice – it's about getting you unstuck and into action. Key Takeaways: Your limiting beliefs are sabotaging your success before you even start Cold calling isn't de...
Jun 02, 2025•33 min•Ep. 94
This week on the podcast, we're throwing it back to an absolute classic conversation with Jimmy Johnson, CEO and Founder of Sand Dollar Communities. Jimmy breaks down his journey from having $600 in his bank account to closing 73 mobile home park deals in just 5 years. We dive into his unconventional strategies, the mindset shifts that changed everything, and why going door-to-door still works in 2025. Plus, some seller stories that'll make your jaw drop. Key Takeaways: Jimmy's entrepreneurial b...
May 26, 2025•43 min•Ep. 93
In episode #92 of the MHP Show podcast, I deliver a comprehensive breakdown of mobile home park underwriting fundamentals - the essential skill every successful investor must master. Using a real 26-pad Florida deal as a case study, I reveal how to gather critical data from sellers, calculate accurate expense ratios based on different utility setups (direct-billed, master-metered, private utilities), and properly value various park assets including park-owned homes, vacant lots, and RV spaces. Y...
May 19, 2025•35 min•Ep. 92
In this actionable episode of The MHP Show, host Derek Vickers sits down with Mario Dattilo, founder of Equity Growth and experienced mobile home park investor. Mario shares his remarkable journey from network marketing to building a thriving MHP empire, revealing key leadership lessons, operational insights, and wealth-building strategies that have helped him scale to over 40 properties. Key Takeaways: How Mario transitioned from a failed first business to building a multi-company MHP operation...
May 12, 2025•59 min•Ep. 91
As market conditions evolve in 2025, we're revisiting Ryan Narus' game-changing mobile home park strategy that took him from zero to 82 parks and 4,200+ units. This approach is delivering even stronger returns in today's high-interest environment than when Ryan first implemented it. In this must-watch conversation, Ryan shares how he left his banking career to actually LIVE in a mobile home park - gaining operational knowledge most investors never develop. His counter-intuitive approach to build...
May 05, 2025•46 min•Ep. 90
If you’re an investor eyeing mobile home parks in 2025, you better listen up. Rates are high. Inventory is tighter. Brokers are still slinging overpriced trash. And prefab housing? It’s creeping in fast. In this episode, I break down what’s actually happening in the mobile home park space right now - and how I’m adjusting our acquisition strategy at Vicktory Capital to stay 10 steps ahead. No fluff. Just hard numbers, real deals, and the truth about what’s working (and what’s not) in today’s mar...
Apr 28, 2025•25 min•Ep. 89
Let’s break down my no-BS system for finding undervalued mobile home parks while everyone else chases overpriced listings. In this Q&A, we’ll discover how to evaluate deals in 30 seconds, get banks to finance your CapEx, and identify which price-per-pad metrics actually matter in today's market. Perfect for both passive investors seeking steady cashflow and active investors tired of losing money on bad deals. We’ll dive into the exact questions I asks sellers, how to structures investor conv...
Apr 21, 2025•50 min•Ep. 88
In this episode, we dive into the real truths behind mobile home park investing—from breaking outdated stigmas to navigating unexpected challenges in the field. I share why affordable housing is one of the smartest plays in today's market, what most real estate "gurus" get wrong about building wealth, and why entrepreneurship isn’t for everyone. We also cover everything from trailer rehab costs and utility strategies to luxury short-term rentals, negotiation skills, and the myths of the 1% rule....
Apr 14, 2025•56 min•Ep. 87
In this episode, we dive deep into the key strategies for successful mobile home park investing. We’ll explore the importance of building strong relationships with brokers to unlock the best deals, maximizing your real estate investments for long-term growth, and weighing the pros and cons of self-management versus hiring a property management company. Plus, we’ll cover critical red flags to watch for before buying a mobile home park, the ins and outs of expanding wastewater treatment plants, an...
Apr 07, 2025•25 min•Ep. 86
In this episode, we’re diving deep into the world of mobile home park investing! We’ll cover how much money you really need to buy your first MHP directly from a seller, the keys to effective rent collection, and why park managers and regional managers play a crucial role in your success. Plus, we’ll explore the benefits of online rent payments, strategies for maintaining your park, and why MHPs are one of the best affordable housing options. Whether you’re a beginner or a seasoned investor, thi...
Mar 31, 2025•36 min•Ep. 85
Are you considering investing in mobile home parks but unsure where to start? In this episode, we dive into the key questions every MHP investor should ask before getting started. From whether you should hire a management company to how much capital you really need, we break it all down with practical insights and real-world experience. Key Takeaways: ✅ The pros and cons of hiring a management company ✅ Closing deals without an attorney—what you need to know ✅ Typical ROI for mobile home parks ✅...
Mar 24, 2025•33 min•Ep. 84
This week on the podcast, we’re sitting down with Morgan Ehrenzeller, CEO and Founder of Ehrenzeller Capital, to dive deep into the world of real estate investing. Morgan shares his journey into the industry, the mindset that separates action-takers from excuse-makers, and how he scaled his portfolio. We discuss why real estate is the common denominator among the wealthy, how to overcome analysis paralysis, why mobile homes are such an attractive asset class, and so much more. Key Takeaways: Mor...
Mar 17, 2025•39 min•Ep. 83
In this episode, we sit down with Kevin Bupp, CEO of Sunrise Capital Investors, to dive deep into his real estate journey and the lessons he's learned along the way. We explore high-stakes deals, why investors are shifting toward stabilized properties, building a strong team, growing an investor network, and the future of mobile home park investing. Tune in for invaluable insights from a seasoned industry leader! Key Highlights: The big “why” (what motivates and drives you) [02:20] The shift fro...
Mar 10, 2025•1 hr 1 min•Ep. 82
Got questions about mobile home park investing? Let’s answer them! In this episode, we're sharing a recent Q&A session that covered everything from the best states for MHPs to crucial due diligence timelines. Learn about hiking lot rent for fixed incomes, the realities of pay increases for seniors, and why low-income workers are often targeted by MHP investors. Plus, insights on lagoon systems, private utilities, and practical tips like incentivizing autopay and preventing dumpster misuse. K...
Mar 03, 2025•24 min•Ep. 81
In this value-packed episode of The MHP Show, host Derek Vickers talks with John Evans from Six Rock Properties about his journey from spending two decades in the oil and gas industry to building a successful mobile home park portfolio. John shares candid insights about how he got started without a college degree, found his first deals on Craigslist, and built his way up to owning over $8M in mobile home park assets. Key Takeaways: How to find deals in today's high-interest rate environment Why ...
Feb 24, 2025•49 min•Ep. 80
In this value-packed episode of The MHP Show, host Derek Vickers sits down with Paul Moore, founder of Wellings Capital, to dive deep into the world of mobile home park investing and passive real estate opportunities. Paul shares his journey from engineering to entrepreneurship, and why he believes mobile home parks represent the strongest investment opportunity in today's market. Key Takeaways: Mobile home parks offer unique advantages: shrinking supply, increasing demand 10,000 people turn 65 ...
Feb 17, 2025•38 min•Ep. 79
In this episode, Maxwell Baker, founder of The MHP Broker, joins Derek Vickers to share his journey from Marine Corps musician to leading mobile home park broker. Max discusses building his brokerage business, managing a virtual team, and his approach to both brokering and owning mobile home park communities. With over 15 years in the industry, Max offers valuable insights on scaling businesses, maintaining humility, and finding the right work-life balance. Key Takeaways: ● Journey from Marine C...
Feb 10, 2025•55 min•Ep. 78
In this episode, Mike Conlon joins Derek Vickers to share his 20-year journey in mobile home park investing, from his start in 2005 to building a portfolio of over 6,000 lots. Mike shares invaluable insights on scaling a MHP business, managing value-add projects, and adapting to the evolving market landscape. Key Takeaways: Evolution of MHP Industry: From mom-and-pop operations to institutional investments Project Management Challenges: Insights on managing multiple value-add projects and infras...
Feb 03, 2025•58 min•Ep. 77
In this episode, Derek Vickers shares a powerful strategy guide for mobile home park investing success in 2025. Whether you're looking to acquire your first park or scale your existing portfolio, this episode provides actionable insights on mindset, goal setting, and execution. Derek breaks down the key elements needed to overcome current market challenges and achieve your mobile home park investing goals. Key Takeaways: Transforming Your Mindset for Success Setting Strategic Targets and Goals C...
Jan 27, 2025•25 min•Ep. 76
In this episode, Amanda Cruise joins Derek Vickers to discuss the current market landscape, including the impact of inflation, interest rates, and the shifting real estate market. They share their insights on mobile home park investing and how it remains a strong investment strategy, especially in today’s economic climate. Whether you're a seasoned investor or just getting started, this episode offers practical advice and valuable perspectives on navigating the complexities of the market. Key Ta...
Nov 25, 2024•47 min•Ep. 75
In this episode of The MHP Show Podcast, hosted by Derek Vickers, they explore the world of mobile home park investing with a special guest, Jordan Savitsky from 50 West Capital. Jordan shares his entrepreneurial journey, revealing how he discovered the immense potential of mobile home park investments and why this asset class has become a key focus in his portfolio. Key Takeaways: Jordan Savitsky’s Entrepreneurial Journey Strategies for Adding Value to Mobile Home Parks The Importance of Patien...
Nov 19, 2024•51 min•Ep. 74
Welcome back to The MHP Show! In this episode, host Derek Vickers talks about the role of CapEx (capital expenditures) in the mobile home park investment game. CapEx is more than just a budget line; it’s the backbone of adding value and reducing expenses in your investment. Derek explains the difference between CapEx and regular maintenance, shares real-life examples of the impact of strategic improvements, and discusses why planning for CapEx can make or break your deal. If you're a passive inv...
Nov 11, 2024•15 min•Ep. 73
In this episode of The MHP Show, hosts Derek Vickers and John Fisher talked about the nitty-gritty of mobile home park (MHP) investing, sharing hard-earned lessons and strategies that can take your game to the next level. From the art of negotiation to the ins and outs of appraisals, John brings a wealth of experience to the table. He discusses the importance of building rapport with sellers and how to differentiate yourself in a competitive landscape. Derek and John tackle common misconceptions...
Oct 30, 2024•42 min•Ep. 72
In this episode of the MHP show podcast, host Derek Vickers dives into the mobile home park industry, covering operations, raising capital, and the current market environment. He introduces special guest Lee Meekcoms from Park Bridge Capital Group, who shares his extensive experience in the mobile home park business. Key Takeaways: Lee's Journey into Mobile Home Parks The Evolution of Mobile Home Parks Current Market Trends and Challenges Investment Strategies and Advice The Future of Mobile Hom...
Sep 30, 2024•48 min•Ep. 71
In this episode of The MHP Show, host Derek Vickers, founder of Vicktory Capital, explores how to spot value-add opportunities in mobile home parks. He covers key strategies like targeting inefficient 'mom and pop' operators, billing back utilities, converting park-owned homes, and filling vacant lots. Derek also shares real-world examples and stresses the importance of a clear business plan for boosting park profitability. Key Takeaways: Why Mobile Home Parks? Identifying Value Add Opportunitie...
Sep 23, 2024•33 min•Ep. 70
In this episode of The MHP Show, Derek Vickers breaks down the essential factors to evaluate before buying a mobile home park. Learn the key financial metrics like cap rates, NOI, and ROI, and how to choose the right market. Derek also shares real-world lessons from his recent acquisitions, and offers updates on how current market trends—such as rising interest rates and inflation—are impacting mobile home park investments. Key Takeaways: How to select the best market for your mobile home park C...
Sep 16, 2024•39 min•Ep. 69
In this episode, I had the pleasure of joining Dustin Kircher and Ben Dreicer from MHP Nation to discuss my journey as an entrepreneur in the mobile home park industry. We touched on everything from my background and business strategy to our company’s performance and future plans. I also shared insights on overcoming challenges in the business, such as insurance, investor relations, and the unpredictable nature of real estate deals. We also emphasized the importance of teamwork, transparency, an...
Sep 09, 2024•53 min•Ep. 68
In this episode, we dive deep into the world of Mobile Home Park (MHP) investing. We explore the impacts of inflation on the market, strategies for syndications, and how stocks play a role in your investment portfolio. Whether you're new to MHP investing or looking to refine your strategy, this episode has valuable insights for you. Key Takeaways: Understanding the current market trends. Syndication strategies and how to maximize returns. The role of stocks and inflation in real estate investmen...
Aug 19, 2024•38 min•Ep. 67
