Welcome to another episode of the MHP Show. Today, Derek Vickers and guest Brett Swarts dive into some of the toughest challenges and best opportunities in the mobile home park investing world. They’ll cover how to build a rock-solid pipeline of deals, make the most of your resources, and navigate the complexities of contracts and financing. Plus, they’ll touch on crucial aspects like due diligence, negotiation tactics, and managing capital reserves to keep your investments safe. Brett Swarts is...
Aug 06, 2024•46 min•Ep. 66
In this episode of the MHP Show, host Derek Vickers welcomes Glenn Yaney from Vertical Equity Partners. They dive into the intricacies of the mobile home park business, sharing personal stories and experiences. Glenn recounts his journey from working at Red Lobster to becoming a successful real estate investor, highlighting the challenges and lessons learned along the way. They discuss the importance of operational efficiency, the realities of dealing with park-owned homes, and strategies for fi...
Jul 16, 2024•49 min•Ep. 65
In this episode of the MHP Show podcast, host Derek Vickers welcomes Eden Markowitz from Madison SPECS to discuss cost segregation studies and bonus depreciation in real estate investing, particularly within the mobile home park industry. Eden explains the basics of cost segregation, emphasizing accelerated depreciation for tax benefits. They delve into bonus depreciation, its impact on tax deductions, and the importance of having a knowledgeable CPA for effective tax planning. The conversation ...
Jul 01, 2024•47 min•Ep. 64
In this episode of the MHP Show podcast, host Derek Vickers interviews Kurt Kelly, president of Mobile Insurance, about insurance in the mobile home park business. Kurt is a commercial insurance agent specializing in Manufactured Home Communities and Retailers. They insure in most states with multiple carrier options. His background is in both Law and Insurance. He is married with two children. They discuss the importance of comprehensive insurance coverage, strategies to lower insurance rates, ...
Jun 24, 2024•39 min•Ep. 63
In this episode of the MHP Show podcast, host Derek Vickers and guest Adrian Smude from LifestyleREI.com discuss mobile home park investing. Adrian Smude got his start in real estate in 2002 when he was evicted which led him to become a landlord. After 11 years of being a hobby landlord, he discovered his passion for real estate investing by attending a real estate investor meeting. He tapped into the untapped gold-mine of mobile homes and has been following that path ever since. He is a member ...
Jun 18, 2024•43 min•Ep. 62
In this episode of the MHP Show podcast, Derek Vickers welcomes Hansel Rodriguez to discuss their experiences in the mobile home park and manufactured housing business. Hansel currently sits as Principal of investment strategy and acquisitions at COARE Communities, LLC., a real-estate investment company focused on acquiring manufactured housing communities across the U.S. Prior to COARE, Hansel worked as an Associate at Eastdil Secured, the premier real-estate investment banking and investment s...
Jun 10, 2024•50 min•Ep. 61
In this episode of the MHP Show podcast, our guest, Walter Johnson of Sonos Capital, delves into the niche of mobile home park investing. Johnson recounts his real estate background, from the mortgage industry to investing in single-family homes and apartment buildings, before transitioning to mobile home parks. He shares a missed opportunity that spurred his interest in this sector and discusses the benefits of using a fund model for raising capital. They explore investment criteria, market ana...
Jun 03, 2024•41 min•Ep. 60
In this podcast episode, host of the MHP Show interviews Pasha Esfandiary, a former professional poker player turned real estate investor, focusing on mobile home parks. They discuss how Pasha's poker skills, like adaptability and strategic thinking, have contributed to his success in real estate. Pasha highlights the importance of market selection, operational challenges, and the demand for affordable housing. He also delves into personal development, the impact of parenting on children's resil...
May 20, 2024•52 min•Ep. 59
In this episode of the MHP Show podcast, host Derek Vickers and guest Frank Rizzo of Stone Capital Investors delve into the intricacies of investing in mobile home parks. They discuss the challenges and rewards of transforming distressed properties into affordable housing communities, emphasizing the importance of community engagement and maintaining high standards. They explore the operational strategies for managing parks remotely, the impact of road improvements, and the increasing interest i...
May 13, 2024•50 min•Ep. 58
In this episode of the MHP Show podcast, host Derek Vickers talks with Ty Thompson, an army veteran and PGA golf professional, about his foray into mobile home park investing. Ty discusses the benefits of passive income and equity building in this niche real estate market. He shares insights on due diligence, the importance of mentorship, and strategies for automation and technology integration to streamline operations. The episode covers the inclusion of high-speed internet and HD channels in l...
May 06, 2024•56 min•Ep. 57
In this episode of the MHP Show podcast, host Derek Vickers and guest Shawn Dwyer delve into the intricacies of mobile home park investing. Shawn, balancing a corporate career with real estate, shares his journey into investing after the stock market crash and COVID-19. They discuss the importance of time management for investors with 9 to 5 jobs and address current market conditions, including interest rates and property value growth. The duo also explores Shawn's partnership with Julio Jaramil...
Apr 29, 2024•29 min•Ep. 56
In this episode of the MHP Show podcast, host Derek Vickers talks with Brad Rymer, Fund Co-Manager, and Chief Financial Officer / Chief Investment Officer (CFO/CIO) brings prior experience within the same roles for a top 25% Inc. 5000 company and top 5 largest MHC portfolios in the US. Brad currently is the Founder and President of Cloverleaf Capital Group; an MHC focused acquisition and financing consultancy. In his former CFO role, Mr. Rymer helped direct asset operations’ financial and accoun...
Apr 22, 2024•48 min•Ep. 55
In this episode of the MTP Show podcast, host Derek Vickers and guest Cory Harelson delve into the intricacies of mobile home park investing. Cory, a former structural engineer and founder of Freedom Investing Group, discusses his focus on value-add opportunities in mobile home parks, where he sees significant potential due to widespread mismanagement. He shares his approach to achieving high cap rates and the importance of being conservative in projections. The conversation also touches on the ...
Apr 15, 2024•39 min•Ep. 54
In this episode of the MHP Show podcast, host Derek Vickers talks with Matt Fore from Next Level Income about the intricacies of the mobile home park industry. They cover the economics of lot rent pricing, the effects of manufacturing jobs on inflation, and the challenges of managing mobile home parks. Matt highlights the importance of adapting investment strategies to market changes and the potential influence of loan modifications in 2024. Additionally, Matt shares his philosophy on intentiona...
Apr 08, 2024•53 min•Ep. 53
In this episode of the MHP Show podcast, host Derek Vickers talks with Simone Fraser, co-founder of Liberty Capital Group, about her impressive start in mobile home park investing during college and her acquisition of 14 parks. They discuss Simone's first business selling hot tubs, her effective cold calling and direct marketing strategies, and the benefits and challenges of working with a significant other in the business. The episode offers insights into the nuances of cold calling, the import...
Apr 01, 2024•33 min•Ep. 52
Hey there! I've got something special for you on today's episode of The MHP Show. I recently chatted with Roger Becker on the Street Smart Success Podcast, and let me tell you, it was a blast! I shared my story, my journey, and some nuggets of wisdom along the way. Trust me, you don't want to miss it! So kick back, relax, and tune in to hear what happened. Important Links and Mentions: Get Access to my Free Webinar here: https://derekvickers.com/home-page826333 Get Your Deal Calculator: https://...
Mar 25, 2024•41 min•Ep. 51
In this episode of the MHP Show podcast, host Derek Vickers interviews Jill Jensen, Chief Investment Officer of Sonos Capital, about her foray into mobile home park investing. They discuss Jill's entrepreneurial background, her strategies for raising capital, and the importance of networking in real estate. Jill shares her experience as a single mom and the balance between parenthood and entrepreneurship. She emphasizes the significance of serving others, leveraging retirement accounts for inves...
Mar 18, 2024•41 min•Ep. 50
In this episode of the MHP Show podcast, host Derek Vickers and guest Roger King delve into the intricacies of investing in mobile home parks. They discuss the challenges of market cycles, interest rates, and the importance of a clear exit strategy. Roger shares his experiences with property renovations, the necessity of reliable contractors, and managing regulatory hurdles. The conversation also touches on the need for additional capital to assist buyers who lack sufficient funds, the unpredict...
Mar 11, 2024•55 min•Ep. 49
In this episode of the MHP Show podcast, host Derek Vickers talks with Dave Foster, CEO of the 1031 Investor, about the intricacies of the 1031 exchange in real estate. They explore the benefits of tax deferral, the process of exchanging properties, and strategies to optimize investments. Dave shares anecdotes and emphasizes the importance of understanding the exchange to maximize wealth and create a legacy. The discussion also touches on the creative solutions investors use to navigate tax laws...
Mar 04, 2024•50 min•Ep. 47
Welcome to "The MHP Show" with Derek Vickers! In episode 46, I'm honored to have Spencer Davidson on board. Former Real Estate Broker/Owner at Simply Better Realty, Spencer orchestrated a remarkable growth from one to 20+ agents overseeing 160+ transactions and $50 million in sales volume across multiple regions. Post his stake exit, he transitioned to Commercial Real Estate Acquisitions. As a representative/consultant for real estate syndicate funds, Spencer excels in identifying distressed or ...
Feb 19, 2024•46 min•Ep. 48
Welcome to "The MHP Show" with Derek Vickers! In episode 45, I'm excited to have Jose Garcia, a Mobile Home Investor, Coach, and Mentor, join us. With an impressive track record, Jose has successfully completed over 400 mobile home transactions. Join me in this episode as we dive into the world of mobile home investing, gaining valuable insights and wisdom from Jose, exclusively on "The MHP Show." E-book: https://go.ondemandcontents.com/checklist #MobileHomes #MobileHomeParks #RealEstateInvestin...
Feb 12, 2024•35 min•Ep. 47
Welcome to "The MHP Show" with your host, Derek Vickers! In episode 44, I'm delighted to sit down with Craig Schneider, the Managing Partner at RYZE Communities. Craig brings a wealth of expertise, focusing on value-add opportunities in the mobile home park, RV park, and multi-family real estate space. Join us for an insightful conversation as we explore the dynamic world of real estate investment with Craig, exclusively on "The MHP Show." E-book: https://go.ondemandcontents.com/checklist #Mobil...
Feb 05, 2024•41 min•Ep. 46
Welcome to "The MHP Show" hosted by Derek Vickers! In episode 43, I'm thrilled to be joined by Glenn Esterson, a seasoned figure in commercial real estate with over 20 years of experience. Glenn has brokered nearly a billion dollars in manufactured housing communities and RV parks across the United States, showcasing his expertise in every region. Beyond his brokerage work, Glenn's diverse background includes being a former farmer, MHC operator/owner, and the current owner of several small busin...
Jan 29, 2024•51 min•Ep. 45
Hello, listeners! I'm Derek Vickers, your host on The MHP Show. In episode 42, we dive deep into a common challenge: 'WHY YOU DON'T GET YOUR FIRST DEAL DONE' As an experienced voice in mobile home park investing, I explore the hurdles many face and share practical insights to overcome them. Join me on this episode for valuable strategies, real-world advice, and a roadmap to break through barriers on your journey to sealing that crucial first deal. Let's turn challenges into opportunities togethe...
Jan 22, 2024•28 min•Ep. 44
Welcome to "The MHP Show" with your host, Derek Vickers! In episode 41, I have the pleasure of sitting down with Julio Jaramillo, the visionary Founder at Evergreen Communities, LLC. Join us for a captivating conversation as we delve into Julio's insights and experiences in the realm of mobile home park ownership and operations. Don't miss this exclusive episode on "The MHP Show" for valuable discussions with your host, Derek Vickers! E-book: https://go.ondemandcontents.com/checklist #MHP #Mobil...
Jan 15, 2024•54 min•Ep. 43
Welcome to "The MHP Show" with Derek Vickers! In episode 40, I'm excited to sit down with Garrett Terrell for a compelling conversation. Garrett brings a unique perspective as we explore his insights and experiences in the real estate industry. Join us on this episode of "The MHP Show" for valuable discussions on mobile home park investing and more, as we delve into the expertise and stories that Garrett has to share. Don't miss out on this insightful conversation with your host, Derek Vickers! ...
Jan 08, 2024•38 min•Ep. 42
Welcome to "The MHP Show" with Derek Vickers! In episode 39, I'm honored to host Jeremiah Boucher, a seasoned real estate investor and Managing Member of TK Solutions, LLC. Jeremiah's wealth of experience extends to being the Founder and CEO of Patriot Holdings, a private equity firm managing over $350 million in assets. With two decades in the industry, Jeremiah's expertise in acquiring, developing, and managing self-storage facilities, industrial properties, and mobile home parks has consisten...
Jan 01, 2024•53 min•Ep. 41
Welcome to The MHP Show, hosted by Derek Vickers! In this episode, we'll dive into various acquisition strategies for mobile home park (MHP) investing, providing you with valuable insights on how to identify and secure lucrative deals. Join us as we explore strategies such as direct-to-seller and direct-to-seller referrals, email marketing, cold calling, mailers, working with brokers, and wholesalers. We'll discuss the pros and cons of each approach and share practical tips for success. By the e...
Dec 25, 2023•26 min•Ep. 40
Welcome to "The MHP Show" hosted by Derek Vickers! In episode 38, I'm thrilled to have Tim Woodbridge join us. Tim, a seasoned real estate investor and Managing Member of TK Solutions, LLC, brings his expertise in mobile/manufactured home park ownership and operations to the table. Join our conversation as we delve into the intricacies of the industry and gain valuable insights from Tim, exclusively on "The MHP Show." E-book: https://go.ondemandcontents.com/checklist #MobileHome #Investment #Fin...
Dec 18, 2023•43 min•Ep. 39
Welcome to "The MHP Show" with Derek Vickers! In episode 37, I'm joined by two outstanding guests—Armand Violi, a Licensed Real Estate Agent at OtherStreet Advisors, specializing in the sales and acquisitions of manufactured home communities with over $100M in transactions. Alongside him is Spencer Davidson, the Managing Partner at Davidson Capital LLC. Join us as we explore their expertise in real estate, commercial brokerage, and strategic investments. Don't miss this episode filled with insig...
Dec 11, 2023•1 hr 9 min•Ep. 38
