Podcasts about keel team

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Best podcasts about keel team

Latest podcast episodes about keel team

Real Grit
Affordable Housing & Great Investor Returns with Andrew Keel

Real Grit

Play Episode Listen Later Jan 8, 2024 17:17


To access a FREE collection of resources, go to www.TheMaverickVault.com    Experience a deep dive into real estate investing with Andrew Keel, where we explore the pivotal intersection of affordable housing and lucrative opportunities for investors. Unveil dynamic strategies, success stories, and uncharted potential within mobile home park investing by tuning in today!      Key Takeaways From This Episode Valuable lessons you should learn from a seasoned real estate investor  What makes up a deal in mobile home park investment  Strategies for efficiently communicating with investors Park-owned homes vs. tenant-owned homes in mobile home parks     References/Links Mentioned Deals on Wheels by Lonnie Scruggs | Paperback For You When I Am Gone by Steve Leder | Kindle and Hardcover     About Andrew Keel Andrew Keel owns Keel Team, LLC, an ‘MHU Top 100' owner of manufactured housing communities with over 2,000 lots under management. His team manages over 30 manufactured housing communities across more than ten states. His expertise is turning around under-managed manufactured housing communities by utilizing proven systems to maximize occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities.      Connect with Andrew Website: Keel Team Real Estate Investments  | Andrew Keel Podcast: Passive Mobile Home Park Investing LinkedIn: Andrew Keel | Keel Team Real Estate Investments   Are you a passive real estate investor seeking financial freedom? Almost daily, new headlines break on the latest financial market upset. Now is the time to get educated on how to strategically invest in commercial real estate for long-term financial freedom. Grab your copy of “How to Passively Invest in a Changing Economic Environment” Go to…www.MavericksInvest.com    Want to keep up to date on the commercial real estate market, trends, investing tips and know what Neil is buying right now? Connect with him at https://AgentOptional.com/ and be sure to register for his newsletter.    Connect with Neil Timmins on LinkedIn. If there is a topic you want to know more about or a guest that you would like to see on the show, shoot Neil a message on LinkedIn.      About Neil Timmins Neil is a commercial real estate syndicator, published author, and podcast host.   Neil's entry point into the Real Estate industry came after a few short years in banking. Recognized by the Wall Street Journal as a Top 100 team and the #1 REMAX agent in Iowa by the age of 29, Neil had solidified his role as a force in the industry.   Having completed hundreds of Fix & Flips, Wholesales, Wholetails, Novations, and Owner-Financed deals, Neil longed to quit forfeiting time for dollars. After building a portfolio of single-family rentals to produce passive income, he found the strategy to be anything but passive.   Neil, however, didn't go looking for his first commercial deal, he actually stumbled into it. Since then, he has refined the process of analyzing and buying commercial properties that produce stellar cash flow.   Neil has been involved in over $300,000,000 in real estate transactions. While his holdings in commercial asset classes include apartments, offices, mobile home parks, and self-storage units, his passion is industrial property. Neil now has verticals in residential real estate, multiple commercial asset classes, brokerage, publishing, and this successful podcast.   Neil and his wife, Emily, are the proud parents of three active teenagers. Those who know Neil say he is a competitor by nature, whether for the biggest fish on a deep-sea fishing trip, the best ribs at a barbeque, or playing football back in his day at his alma mater, the University of Nebraska at Omaha as a Maverick. Neil is always up for travel, spending time on the water, and of course, meeting people interested in learning about and investing in commercial properties.   Click here to see video of the podcast. 

Passive Wealth Strategies for Busy Professionals
Mobile Home Parks: Building Off-Market Deal Flow & Achieving Independence with Andrew Keel

Passive Wealth Strategies for Busy Professionals

Play Episode Listen Later Oct 19, 2023 30:46


How can busy professionals invest in mobile home parks to build wealth and passive income?   Andrew Keel joins host Taylor Loht to discuss investing in mobile home parks as a busy professional to build passive income. Andrew shares how he got started buying and wholesaling mobile homes, then transitioned to buying and syndicating entire mobile home parks. He provides insights into finding off-market deals, working with municipalities, building a property management company, and key lessons learned.   Andrew Keel is the CEO of Keel Team, LLC, a ‘MHU Top 100' owner of manufactured housing communities with over 2,500 lots under management. His team currently manages 40 manufactured housing communities and 11 self-storage facilities across more than 10 states. Andrew's current commercial real estate portfolio totals $125M+ in assets under management. His expertise is in turning around under-managed manufactured housing communities and self-storage facilities, by utilizing proven systems to maximize occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant MH lots, implementing self-storage revenue management, starting utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the properties.   00:00 - Opening Segment Andrew introduces his background as a sales manager who got into real estate investing on the side. He started wholesaling single-family homes before purchasing his first mobile homes, leading him to focus on that niche.   00:04:00 - Transitioning to Mobile Home Parks Mobile home parks provide recurring revenue through lot rents Parks are often owned by "mom and pop" owners, allowing for good deals Andrew went "all in" on mobile home park investing by leaving his job   00:09:00 - Finding Deals and Building a Team How cold calling helps find motivated sellers Follow-up and persistence is critical Building the right team took trial and error   00:15:00 - Working with Municipalities Building good relationships with municipalities is key Due diligence helps uncover potential regulatory issues Why some municipalities try to force redevelopment of parks   00:26:00 - Closing Segment: Best deal: A value-add 82 lot mobile home park purchased at a good price. Only 40 lots occupied initially. Worst deal: Purchased a 52 lot park in Dayton, Ohio that only had 8 lots occupied. Top lesson learned: Maintaining urgency and momentum on deals is critical   Quotes:   "If you want to get that type of debt, your mobile home community needs to be very nicely maintained. They're not going to lend on stuff that doesn't meet their criteria." - Andrew Keel "Our bottleneck is finding consistent good deals that make sense. If we have a good deal, the money isn't the issue." - Andrew Keel   Connect with Andrew: Website: https://www.andrewkeel.com/   Apply to Invest with Taylor at www.investwithtaylor.com   Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com   Please leave a review and help others escape Wall Street and build wealth on Main Street!

Lifetime Cash Flow Through Real Estate Investing
Ep #864 - Mastering The Mobile Home Park Real Estate Landscape

Lifetime Cash Flow Through Real Estate Investing

Play Episode Listen Later Aug 28, 2023 40:55


Andrew Keel, CEO of Keel Team, LLC, heads a 'MHU Top 100' company managing 2,000+ lots across manufactured housing communities. He has 30+ communities, 11 self-storage facilities, and a $97M+ real estate portfolio. As host of The Passive Mobile Home Park Investing Podcast with 150+ 5-star reviews, Andrew excels in transforming under-managed housing and storage sites. His hands-on strategies boost occupancy, trim costs, and heighten asset value, making him a driving force in the industry.   Here's some of the topics we covered:   From Sales Manager To Mobile Home Park Buyer Fix and Flip, Single Family, and Wholesaling Real Estate Cold Calling Pitch Example That Andrew's Team Uses Hidden Tricks For Mobile Home Park Deals Disadvantages of Mobile Home Parks As An Asset Class Advantages of Mobile Home Parks As An Asset Class Average Cap Rates For Mobile Home Parks How To Talk To Elderly Sellers & Build a Relationship Andrew's Ironman Experience   To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com   

Passive Income through Multifamily Real Estate
Episode #303: Tenacity and Mental Strength with Andrew Keel

Passive Income through Multifamily Real Estate

Play Episode Listen Later Jul 17, 2023 29:20


Mobile home parks are an interesting branch of passive real estate investments, and today we have a fascinating conversation about finding success and profit in this sector with Andrew Keel, from Keel Team. The CEO and Founder of the company, Andrew has managed to build a great portfolio and business around a hands-on approach to mobile homes, and we get the inside scoop from him on what has enabled him to do this. Andrew kicks things off by talking about how and why he landed in this type of asset class, and the factors and talents that have contributed to his passion and progress. From there, we get into a little about his geographic choices, how his philosophy has grown and evolved, and some of his thoughts on the current state of the market. We also touch on property management ideas, financing tools, and much more, so tune in to hear it all!Key Points From This Episode:How Andrew found his way into investing in mobile home parks. Andrew explains a little about the MHU and what they provide. The evolution of Andrew's investment and strategy. Andrew talks about the market, competition, and pricing over the last five years. How to go about building relationships and Andrew's approach with owners. The best value ad opportunities in Andrew's work. Low-hanging fruit that is not worth pursuing; Andrew talks about the hurdles he avoids. Andrew's best practices for property management.Financing and debt; Andrew talks about the typical practices at Keel Team.  The hold strategy that Andrew and his team prefer.  How the economic environment is impacting equity right now. The story of Andrew's third mobile home park and a close call with some gifted chili! How Andrew's experiences with Iron Man have improved his determination in business. The best place to find and connect with Andrew online!Links Mentioned in Today's Episode:Andrew Keel on LinkedIn Keel TeamThe Passive Mobile Home Park Investing PodcastMHUDeals on wheels Vertical Street Ventures VSV Academy Passive Income Through Multifamily Real Estate Facebook GroupPeter Pomeroy on LinkedInPeter Pomeroy Email

Multifamily Legacy Podcast
EP236: The Lucrative Landscape of Mobile Home Park Investing - Andrew Keel

Multifamily Legacy Podcast

Play Episode Listen Later May 30, 2023 27:53


In this week's episode, we will delve into a lucrative investment that not only generates cash flow but also addresses the need for affordable housing. Join us as Andrew Keel shares his insights on how mobile home park investing works and why it presents a compelling opportunity to start investing. Tune in and discover the potential returns it offers!   Topics on Today's Episode What makes mobile home parks a great investment  The stigma surrounding mobile home park investing Pros and cons of investing in mobile home parks  How does acquiring mobile home parks work? Financing options for mobile home parks   Resources/Links mentioned Deals on Wheels by Lonnie Scruggs | Paperback Leaders Eat Last by Simon Sinek | Kindle, Paperback, and Hardcover    About Andrew Keel Andrew is the CEO of Keel Team, LLC, a renowned owner of manufactured housing communities recognized as an 'MHU Top 100' company. With over 2,000 lots under management, his team oversees 30+ manufactured housing communities and 11 self-storage facilities across multiple states. The total value of Andrew's commercial real estate assets exceeds $97M. He also hosts The Passive Mobile Home Park Investing Podcast with 150 five-star reviews. Andrew specializes in revitalizing under-managed manufactured housing communities and self-storage facilities to optimize occupancy rates and reduce costs. His expertise includes filling vacant MH lots, implementing self-storage revenue strategies and utility bill-back programs, and improving overall management efficiency. Andrew's hands-on team ensures the successful implementation of their strategies during the initial ownership months.   Connect with Andrew Website: Keel Team Real Estate Investments    Are you ready to experience the cash flow life? Just text “BOOK” to (480) 500-1127 to get a FREE copy of Corey's book, Copy Your Way to Success, and learn how apartment investing can change your life today!   Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard, please leave a review on iTunes.  

How Did They Do It? Real Estate
SA697 | The Rise of Mobile Homes and Manufactured Housing with Andrew Keel

How Did They Do It? Real Estate

Play Episode Listen Later May 18, 2023 21:25


Join us for an exciting conversation with Andrew Keel as we delve into the world of mobile homes. With his extensive experience in property management, he will shed light on the advantages of mobile homes, including their market demand, affordability, and convenience. Keep tuning in for more valuable insights and informative data for your next potential investment!Key Takeaways to Listen forThe benefits of purchasing assets from mom-and-pop ownersEssential value-add renovations to mobile home units and parks for higher returnsMobile home utilities and their impact on determining asset profitabilityWhy there's great demand for mobile homes in today's marketHow mobile homes are unique in terms of affordability and convenience Resources Mentioned in This EpisodeDeals on Wheels by Lonnie Scruggs | PaperbackThe Predictive IndexClayton HomesFree Apartment Syndication Due Diligence Checklist for Passive Investor About Andrew KeelAndrew is the CEO of Keel Team, LLC, an 'MHU Top 100' owner of manufactured housing communities with over 2,000 lots under management. His team manages over 30 manufactured housing communities and 11 self-storage facilities across more than ten states. Andrew's current commercial real estate portfolio totals $97M+ in assets under management. Andrew also hosts The Passive Mobile Home Park Investing Podcast, with over 150 total 5-star reviews!Connect with AndrewWebsite: Keel Team Real Estate InvestmentsPodcast: Passive Mobile Home Park Investing PodcastTo Connect With UsPlease visit our website: www.bonavestcapital.com, and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

Passive Mobile Home Park Investing
Interview with Hansel Rodriguez from COARE Communities LLC

Passive Mobile Home Park Investing

Play Episode Listen Later Apr 6, 2023 47:53


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Hansel Rodriguez from COARE Communities LLC. Andrew and Hansel discuss why choosing the right team for your property management company is so important. They also discuss why finding the right mobile home park properties to buy can be the toughest hurdle when scaling as a mobile home park general partner, syndicator or operator. They touched on why increasing lot rent in mobile home communities without it being justified can have negative consequences and why the most recent population and migration changes are creating new opportunities within the MHP and land-lease community marketplace. Hansel is the principal of investment strategy and acquisitions at COARE Communities. COARE communities focuses on acquiring manufactured housing communities across the U.S. Hansel began his real-estate career in multi-family and affordable housing development at Taft Development Group, a multi-family developer with 4,500+ multifamily units and 100,000 sq. ft. of commercial developments to date. Hansel also supported the advisory efforts of numerous transactions including Stanley Black & Decker's $1.9 Billion takeover of Newell Tools. In his free time Hansel likes to volunteer on the Friends of St. Judes fundraising committee for St. Jude Children's Research Hospital and serves as a Disaster Response Volunteer for the American Red Cross. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 200 total 5-star reviews by the end of 2023, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 00:51 - Hansel Rodriguez introduction and journey into the mobile home park industry 06:40 - House flipping as a side hustle 08:30 - The toughest hurdle to overcome in mobile home park investing 12:46 - The evolution of Hansel's mobile home park strategy 19:00 - Mistakes we can learn from in MHP investing 20:30 - Hansel's property management style 23:50 - Most important thing passive investors should look out for when investing in mobile home parks 27:03 - Hansel's perfect mobile home park 28:50 - Go-to val

Passive Mobile Home Park Investing
Interview with Dylan Stewart from Northstar Investors

Passive Mobile Home Park Investing

Play Episode Listen Later Mar 14, 2023 25:36


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Dylan Stewart from Northstar Investors. Today Andrew and Dylan discuss how consistent messaging from management and proper maintenance in mobile home parks can lead to consistent distributions to investors. They also discuss the differences in quality on newer land-lease community assets versus older assets and how scaling too quickly can negatively impact mobile home park operations. Dylan is CEO of Northstar Investors, Northstar specializes in Mobile home park & RV Park investments in Texas & Ohio. Their current portfolio totals over 500 lots. After graduating from high school in 2017 Dylan dove right into single-family real estate investing, he completed many wholesale deals in his local market then pivoted in 2018 to run a virtual wholesaling operation primarily in St. Louis, MO. Since the spring of 2020, his company only focuses on finding, buying, and stabilizing value-add mobile home parks & RV parks. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 200 total 5-star reviews by the end of 2023, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 00:41 - Dylan's history and journey into mobile home park investing 03:39 - Toughest hurdles in mobile home park investing 06:32 - How Dylan's MHP investing strategy has changed over the years 10:10 - RV park dynamic 13:20 - Financing for mobile home park and RV park hybrids 15:17 - Where Dylan sees opportunity right now 17:55 - Mistakes we can learn from 19:24 - What passive investors should know before investing in mobile home parks 21:24 - The future of mobile home park investing 24:27 - Getting a hold of Dylan 24:50 - Conclusion Resources/Links:

Passive Mobile Home Park Investing
Interview with Craig Schneider from RYZE Communities

Passive Mobile Home Park Investing

Play Episode Listen Later Feb 21, 2023 34:08


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Craig Schneider from RYZE Communities. Craig and Andrew discuss why park-owned homes can work when you have scale in a specific geographic area, they also discuss how a good team is all the difference with park-owned home maintenance and why building relationships with nearby owners of other mobile home communities is important. Craig and Andrew also discuss lifestyle changes and why mobile home parks might not be as affected by a down economy like other asset classes will be. Craig Schneider is the managing partner at RYZE communities and RYZE focuses on value-add opportunities in the mobile home park, RV park and multi-family real estate space. Their team focuses on revitalizing under-performing assets and partnering with local leaders and communities to improve neighborhoods throughout the country. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than 10 states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 200 total 5-star reviews by the end of 2023, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 00:46 - Craig Schneider’s introduction 01:14 - Craig Schneider’s background 02:10 - Craig’s history as a commercial real estate appraiser 03:30 - Toughest hurdles to overcome in mobile home park investing and ownership 05:37 - Why it can take so long to close a deal 07:11 - Craig’s target market 08:00 - Craig’s first park and current real estate portfolio 10:28 - Park-owned mobile home models 17:26 - Crai

Passive Mobile Home Park Investing
Interview with Gabe Petersen from Kaizen Properties

Passive Mobile Home Park Investing

Play Episode Listen Later Feb 1, 2023 33:18


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Gabe Petersen from Kaizen Properties. Gabe and Andrew discuss utility infrastructure in Gabe's 1st mobile home park and how Gabe got educated on due diligence within the mobile home park space. Gabe also shares what he would have done differently before buying a mobile home park and his take on how the impending recession will affect mobile home parks and self-storage. Gabe Petersen is the founder of Kaizen Properties and the host of The Real Estate Investing Club podcast. Gabe started his career as a management consultant for Fortune 500 companies in Seattle, Washington, he soon realized the corporate world did not fit the vision he had for his life. It wasn't until he bought his first broken-down triplex in Tacoma, Washington that he truly found his path in real estate. He now repositions commercial real estate across the United States - with a special focus on RV and Mobile home parks. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 200 total 5-star reviews by the end of 2023, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:23 - How Gabe Petersen got started in real estate 04:18 - Gabe's first mobile home park purchase 08:48 - Gabe's current portfolio 10:42 - Education on mobile home parks and RV parks 12:40 - Gabe's move to Self-Storage 13:25 - The hardest part of the business 16:35 - Self-Storage versus Mobile Home Parks 21:56 - The most important things that passive investors need to look out for before investing in mobile home parks 27:49 - The impending recession and mobile home parks 29:07 - "Your tenant base is the most fragile" 31:15 - Gabe's perfect mobile home park 32:07 - Getti

Passive Mobile Home Park Investing
Interview with Derek Vickers from Vicktory Real Estate Group

Passive Mobile Home Park Investing

Play Episode Listen Later Jan 10, 2023 34:55


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Derek Vickers from Vicktory Real Estate Group. Derek and Andrew discuss the most important aspects that limited partners and passive investors need to look out for when investing into mobile home parks passively. They also discuss how interest rates are changing investing strategies and how park owned homes are likely a higher risk than tenant owned homes during a tougher economy. Derek started his mobile home park investing journey with his first mobile home park purchase in September 2020 after 10 years in the insurance business as a sales manager. He currently owns and operates 2,000 lots across 38 different mobile home parks throughout the southeast, 23 of those being in Florida. Victory Real Estate Group specializes in turning around neglected mobile home parks by increasing occupancy, converting park owned homes to tenant owned mobile homes and reducing operating expenses. With a busy schedule Derek enjoys spending time with his wife and daughter and has another baby on the way! Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 200 total 5-star reviews by the end of 2023, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points: 00:21- Welcome to the Passive Mobile Home Park Investing Podcast 02:10- Derek's journey into manufactured housing communities 08:00- Balancing mobile home park management and sales when you're going through a lot of growth 10:40- Derek's first mobile home park deal 11:40- How Derek self-educated before cold calling mobile home parks 13:40- The toughest hurdle to overcome in mobile home park investing 18:04- Derek's current mobile home park investing strategy 21:10- How Derek converts parks from park-owned homes to tenant-owned homes 23:50- Smaller parks versus bigger parks: management and expense ratios 25:30- Mistakes that Derek made 28:30- The most important things that limited partners and passive investors need to look out for when investing into mobile home parks 29:49- Derek's perfect mobile home park 31:00- What the future of mobile home park investing looks like 33:24- Getting a hold of Derek 34:03- Conc

Passive Mobile Home Park Investing
Interview with Craig Napoliello of 40 Oaks Properties

Passive Mobile Home Park Investing

Play Episode Listen Later Dec 13, 2022 39:56


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Craig Napoliello of 40 Oaks Properties. Andrew and Craig discuss the benefits of geographical targeting when managing mobile home parks from an operational standpoint, monetizing park owned homes versus tenant owned homes, and the significant benefits of scalability when buying mobile home parks. Craig worked as a fixed-income trader for a large portion of his career and now works at a fintech firm. After he acknowledged his growing interest in real estate and dabbled in single-family home investments, he began his multi-family journey in the beginning of 2019. When he's not at his W-2 job, Craig loves to learn new ways to build generational wealth through mobile home parks and other investment real estate. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:25 - Craig's journey into real estate investing 06:25 - Funding: raising money for deals or personal money 09:30 - Craig's first MHP deal in North Carolina 15:06 - The toughest hurdle to overcome in mobile home park investing 15:31 - Craig's management company 17:45 - Learning from mistakes in manufactured housing communities 19:20 - Tenant-owned homes, park-owned homes, and rent-to-own 24:30 - Changes in viewpoints from when Craig bought his first MHC portfolio 28:15 - Buying smaller mobile homeparks 31:48 - Important points passive investors should know about the mobile home park space 35:33 - Bringing over skills from Craig's W2 job. 37:32 - Getting a hold of Craig 37:52 - One final tip 39:15 - Conclusion    

Passive Mobile Home Park Investing
Interview with John Squartino of Keel Team Real Estate Investments

Passive Mobile Home Park Investing

Play Episode Listen Later Nov 23, 2022 30:46


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with his business partner, John Squartino of Keel Team Real Estate Investments. Andrew and John discuss a few things including: park owned home sales within mobile home parks, rent collections protocols and the management of capital expenditure projects within mobile home parks. Andrew and John also talk about some of refinancing difficulties they have experienced this year during the FED's interest rate hikes, how value-add manufactured housing communities are their chosen investment strategy and what a perfect mobile home park looks like from a Chief Operating Officer's view point. Born and raised in Orlando, Florida John Attended the University of Central Florida graduating in 2013 with a Major in Marketing and a Minor in Sports Business Management. Upon graduation, John landed a job with a start-up sports technology company where he assisted in product development, marketing, and customer support. After four years of employment there a life-changing event occurred when he ran into a childhood friend; Andrew Keel. After a couple conversations revolving around mobile home parks, John decided to put a bow on the sports tech career and take this journey with Andrew in the mobile home park space. Fast forward 5 years, they have been able to acquire 34 mobile home communities and employ over 40 people across the world in their mobile home park property management company. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 200 total 5-star reviews by the end of 2022, and it would mean the absolute world to me if you could help contribute to that.Thanks ahead of time for making my day with your five-star review of the show. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 02:11- How John got into mobile home parks 04:36 - Frank and Dave MHU Bootcamp 05:31- Preconceptions about mobile home parks and the STIGMA 07:20 - Their first mobile home park 09:30 - The toughest hurdle for most operators in mobile home park ownership 10:37 - Comparisons of other asset classes: Apartments vs self storage vs mobile home parks 12:33 - Hardest value add component in mobile home park investing and the story of Norfolk MHC 18:12 - Best opportunity or strategy in the marketplace right now for mobile home park investing 21:18- Mistakes he has made in mobile home park investing 23:50 - Most important things that passive investors need to look out for when investing into mobile home parks 25:07 - J

Passive Mobile Home Park Investing
Interview with Miles Noland from Treeside Capital

Passive Mobile Home Park Investing

Play Episode Listen Later Nov 8, 2022 34:12


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Miles Noland from Treeside Capital. Miles and Andrew discuss why mobile home parks are one of the best performing asset classes and the stability that mobile home park investments have previously provided during recessions. They also discuss the hurdles operators must overcome with on-site managers managing the mobile home parks and the important role the operations team plays to improve the income and expenses of mobile home park investments.Miles is a principal at Treeside capital and they invest in manufactured housing communities, RV parks, and self-storage facilities. They are based out of Cincinnati, OH and currently own and operate around 1,300 unitsworth around $33 million. Miles is also a former college baseball player and coach.Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improvingoverall management and operating efficiencies, all of which significantly boost the asset valueand net operating income of the communities.Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com.Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five -star review. Thanks ahead of time for making my day with your five-star review of the show.Would you like to see mobile home park CAPEX projects in progress? If so, follow us on Instagram:@passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:00:21- Welcome to the Passive Mobile Home Park Investing Podcast01:21 - Miles’ story and how he got into manufactured housing05:44- Miles’ first MHP deal07:23 -The story behind Treeside Capital and their portfolio12:57 - The team at Treeside Capital15:30 - The toughest hurdle for operators in mobile home parks18:00 - The hardest value add component in mobile home park investments20:00- Infill in mobile home parks22:00- The best opportunity or strategy for mobile home park investing25:05- Mistakes to learn from27:47- What LP's need to look out for when investing in MHP's31:05 - Preparations for the future and possible recession32:43 - Getting a hold of Miles Noland33:22 - Conclusion Links & Mentions from This Episode: Treeside Capital: https://treesidecapital.com/ Miles Noland, LinkedIn: https://www.linkedin.com/in/miles-noland-62a60a119/ Keel Team's official webs

Passive Mobile Home Park Investing
Interview with Andy Freeman of Enjoy Communities

Passive Mobile Home Park Investing

Play Episode Listen Later Oct 25, 2022 35:02


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Andy Freeman from Enjoy Communities. Andrew and Andy discuss what passive investors should look out for before investing into mobile home parks. They also discuss how agency financing (Fannie Mae and Freddie Mac) and supplemental loans fit into the mobile home park model and the lessons that they have learned from managing mobile home parks in northern colder states. Andy Freeman is the founder of Enjoy Capital Group. Enjoy Capital is an emerging real estate private equity investment group with a growing portfolio of mobile home parks. They currently have over 300 lots under contract. Before this, Andy worked as the Vice President of acquisitions for Third IV Properties from 2020 - 2022 helping to facilitate the purchase of 10 mobile home parks in the midwest and actively participated as a member of the general partnership to help operate, enhance, and add value to these mobile home parks. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space,click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. Inorder to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. Thanks ahead of time for making my day with your five-star review of the show. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:30 - Andy's story and how he got into manufactured housing 04:22 - Partnering with others 05:05 - Mobile home parks in the midwest 06:21 - Enjoy Communities 08:00 - Utilities in mobile home parks 09:23 - The toughest hurdle for acquisitions 11:37 - Finding deals and cap rates for acquisition 15:30 - The hardest value-add component 17:53 - How Andy's strategy has changed over the years 19:20 - Mistakes to learn from 21:05 - Important things passive investors should look out for 24:55 - Tenant owned homes versus park owned homes 26:08 - Andy's team at Enjoy Communities 28:40 - Andy's perfect mobile home park 30:07 - The future of mobile home parks 00:00 - Getting a hold of Andy 00:00 - Conclusion Links & Mentions from This Episode: Andy’s email: andy@enjoycommunities.com Enjoy Communities: http://www.enjoycommunities.com/ Keel Team's official website: https://www.keelteam.com/ Andrew Keel's official website:

Passive Mobile Home Park Investing
Interview with Ryan Murdock of Open Door Capital

Passive Mobile Home Park Investing

Play Episode Listen Later Oct 11, 2022 31:32


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Ryan Murdock from Open Door Capital. Ryan and Andrew discuss the benefits of having a vertically integrated mobile home park property management company as an owner/ operator. They also discuss the opportunities available today in the MHP space and the proactiveness needed in the current economic market in order to transact. They also discuss in depth what Ryan thinks are the most important things that passive investors should look out for when investing in mobile home parks. Ryan spent 10 years in the semiconductor manufacturing industry before moving into real estate investing and property management in 2007. Since then, he has acquired an extensive portfolio of multifamily rental properties. He has operations and management experience in many facets of real estate including retail: office, multifamily, homeowners associations, and eour favorite mobile home parks. Ryan also has experience managing and consulting on nationwide commercial real estate turnaround projects. As a co-founder of Open Door Capital, Ryan played a critical role in setting up the early operations and in assembling some of the experienced team members they have today. In his spare time Ryan is an avid scuba diver and adventure seeker from his home base in Maui, Hawaii. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 200 total 5-star reviews by the end of 2022, and it would mean the absolute world to me if you could help contribute to that. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:51 - How Ryan Murdock got into manufactured housing communities 03:00 - Open Door Capital and Ryan's current projects 05:09 - The toughest hurdle for most operators in mobile home park ownership 06:55 - The hardest value add component in mobile home park investing 07:58 - The easiest value add component in trailer park investing 09:00 - Ryan's mobile home park investment strategy 11:49 - Running a property management company 13:55 - The best opportunity in the marketplace NOW for mobile home park investing 15:43 - Mobile home pa

It’s 2020 And We’re Reading Twilight
Episode 50: Warm Bodies - Keel Team 6 & the J-Dog

It’s 2020 And We’re Reading Twilight

Play Episode Listen Later Oct 10, 2022 78:48


I honestly have no idea what's happening in this final episode of our series on Warm Bodies. Next time we'll be back with episode one of our series on House of Night, starting with chapters 1-10 of book 1: Marked! Follow us on twitter @litmasterspod, Emi is @EmOfManyNames, and Serra is @sarahswilton!

Apartment Investing Journey
$90 Million in Mobile Home and Self Storage Deals Direct From Owner, Building an Overseas Acquisitions Team, & The Unmanned Management Model - with Andrew Keel | TLS 223

Apartment Investing Journey

Play Episode Play 22 sec Highlight Listen Later Sep 20, 2022 37:51


Andrew Keel is the CEO of Keel Team, LLC, a ‘MHU Top 100' owner of manufactured housing communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities and 9 self-storage facilities across more than ten states. Andrew's current commercial real estate portfolio totals $92M+ in assets under management.Join Our Passive Investor NetworkDownload Our Passive Investor Guide to Multifamily SyndicationsCONNECT WITH OUR GUEST:Keelteam.comSHOW HIGHLIGHTS:His background in flipping houses and how that lead to mobile home parksWhat his current portfolio consists of todayWhy he has started to pursue self-storage facilities in addition to mobile home parksHow he has bought 90% of his deals directly from the ownerHow his Acquisitions Team is set upThe tools and techniques he uses on his acquisitions team and management teamThe biggest challenge he is facing today in his business.CONNECT WITH US! Visit our Website: https://www.canovocapital.com/podcastConnect with us on Facebook: https://www.facebook.com/theleadsponsorFollow us on YouTube: https://www.youtube.com/c/TheLeadSponsorFollow us on Instagram: https://www.instagram.com/theleadsponsor/Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-lead-sponsor-podcast-real-estate-investing/id1464256464LOVE THE SHOW? PLEASE SUBSCRIBE, RATE, REVIEW & SHARE!

Passive Mobile Home Park Investing
Interview with Andrew Keel of Keel Team Real Estate Investments

Passive Mobile Home Park Investing

Play Episode Listen Later Sep 20, 2022 30:22


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew tells his story. Today Andrew is on the other side of the mic as he is interviewed by his current COO and business partner, John Squartino. On today's episode Andrew shares with us where his passion for mobile home parks started, his personal opinion on what to look for before investing with mobile home park operators and the hardest component of value add in a mobile home park investment. Andrew also shares some of the mistakes and lessons he has learned over the years he has invested in mobile home parks. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under - managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew is also a father, husband and an entrepreneur who enjoys competing in Ironman triathlon events. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership.Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five - star review. I have a goal of hitting over 200 total 5 - star reviews by the end of 2022, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five - star review of the show. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 03:35 - Andrew’s journey into manufactured housing 08:00 - Andrew’s first park and how he built The Keel Team 10:30 - The toughest hurdle for most operators in the MHP ownership world 12:11 - The hardest value-add component 16:00 - How Andrew’s strategy has changed over the years 18:13 - The best opportunity or strategy right now for MHP investors 19:28 - The mistakes that Andrew has made and learned from 22:50 - The most important thing passive investors need to look out for 24:15 - Andrew’s perfect mobile home park 26:22 - The future of MHP investing 28:35 - The best way to reach out to Andrew 29:05 - Conclusion Links & Mentions from This Episode: Keel Team's official website: https://www.keelteam.com/ Andrew Keel's official website: https://www.andrewkeel.com/ Andrew Keel LinkedIn: https://www.linkedin.com/in/andrewkeel Andrew Keel Facebook page: https://www.facebook.com/PassiveMHPinvestingPodcast Andrew Keel Instagram page:

Passive Mobile Home Park Investing
Interview with Elias Weiner from the BoaVida Group

Passive Mobile Home Park Investing

Play Episode Listen Later Sep 6, 2022 42:39


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with experienced mobile home park owner/ operator Elias Weiner from the BoaVida Group. Today Andrew and Elias converse about how the mobile home park business has changed, interest rates and cap rates when refinancing, different value-add initiatives and the upcoming tiny homes movement. Elias is the founder and President at The BoaVida Group. The BoaVida Group is a mobile home park and RV park real estate investment company that owns and operates over 165 properties with more than 20,000 home spaces. Elias is the 10th largest owner and operator of manufactured housing communities in the country. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Would you like to see mobile home park projects in progress? If so, follow us on Instagram:@passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 02:38 - Elias Weiner's story 10:05 - Raising money: syndications versus investment funds (in mobile home park investing)14:10 - The toughest hurdle for MHP operators18:20 - Management of mobile home parks19:58 - How Elias' mobile home park investment strategy has changed over the years22:24 - Utilities in mobile home parks25:33 - Value add components inside manufactured housing communities27:30 - The best investment opportunity right now (MHP related)31:14 - Projections for rent growth32:40 - Interest rates and cap rates (Are MHP's recession resistant?)36:13 - The most important things that passive investors need to look for before they invest into mobile home parks39:10 - Tiny homes movement40:27 - Getting a hold of Elias Weiner41:55 - Conclusion Links & Mentions from This Episode: BonaVida Group: https://www.theboavidagroup.com/ Elias email: eli@theboavidagroup.com Keel Team's official website: https://www.keelteam.com/ Andrew Keel's official website: https://www.andrewkeel.com/ Andrew Keel LinkedIn: https://www.linkedin.com/in/andrewkeel Andrew Keel Facebook page: https://www.facebook.com/PassiveMHPinvestingPodcast Andrew Keel Instagram page: https://www.instagram.com/passivemhpinvesting/ Twitter

Passive Mobile Home Park Investing
Interview with Edwin Byler of Blue State Capital

Passive Mobile Home Park Investing

Play Episode Listen Later Aug 23, 2022 27:05


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Edwin Byler from Blue State Capital. Edwin and Andrew discuss getting started in the mobile home park business, the learning curves experienced as a new investor and how to stay well informed on the journey of becoming an active investor within the mobile home park industry. Edwin Byler is a commercial real estate broker and mobile home park investor. Starting at age 19, Edwin began investing in real estate as a means for additional income while still working his W-2 job. He has since built a portfolio of 60 mobile home park lots and just over 25,000 sq. ft of commercial mixed-use space. Edwin continues to invest throughout the state of North Carolina (the blue state). He enjoys using creative financing, including zero money down and building long term relationships to get deals done. Edwin is also a two-time world record holder for deadlifting. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. Thanks ahead of time for making my day with your five-star review of the show. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:40 - Edwin's story and the story of Blue State Capital 03:30 - Edwin's first mobile home park deal 06:16 - From a 6-unit to a 51-unit 09:43 - The process of closing on a MHP property 15:00 - Utility preference 18:30 - Mistakes to learn from 21:17 - The perfect mobile home park for Edwin 22:00 - The most important things passive investors need to look out for 23:23 - The future for Edwin and Blue State Capital 24:05 - Getting a hold of Blue State Capital 25:00 - The history of Blue State Capital's name 25:20 - Deadlift world record 26:12 - Conclusion Links & Mentions from This Episode: Edwin Byler, LinkedIn: https://www.linkedin.com/in/edwin-byler-771867170/ Edwin's email: edwin@bluestatecap.com Blue State Capital: https://bluestatecap.com/ Blue State Captial, Instagram: https://www.instagram.com/bluestatecapital/ Keel Team's official website: https://www.keelteam.com/

Passive Mobile Home Park Investing
Interview with Alex Ramirez of Lucky Communities

Passive Mobile Home Park Investing

Play Episode Listen Later Aug 2, 2022 43:06


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Alex Ramirez of Lucky Communities. Alex and Andrew discuss Alex's strategy when it comes to investing in mobile home parks. They also touch on Alex's experience in the hospitality industry and how he journeyed into mobile home communities. Alex and Andrew also talk about the future of the mobile home park industry given the uncertainties in the economy, the opportunities mobile home park investing presents and they give advice to new investors.With his partner Zach Kupperman, Alex co-founded Lucky Communities.They have a combined 25 years of experience in the housing industry. Alex oversees all company and park operations. He is responsible for property management, tenant management, acquisitions, underwriting, facilities, human resources, and deal origination. Alex previously founded the real estate firm CSM Realty, a real estate development and management firm based in New Orleans, Louisiana specializing in boutique hotel and multi-family assets.Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities.Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews:https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. Thanks ahead of time for making my day with your five-star review of the show!Would you like to see mobile home park projects in progress? If so, follow us on Instagram:@passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions Talking points 00:21-Welcome to the Passive Mobile Home Park Investing Podcast02:00-Alex's journey into mobile home park investing09:15-The hospitality business and boutique hotels in 202014:17-Lessons from the hospitality business19:00-Lucky Communities21:47-Property management25:21-The hardest value-add component in mobile home parks: infill26:27-Value-adds in Alex's current acquisitions28:40-The best opportunity or strategy in mobile home park investing right now32:36-Mistakes Alex has made in mobile home park investing34:32-Finding deals35:50-The most important things passive investors need to look out for when investing in mobile home parks37:59-Alex's perfect mobile home park39:00-The future of mobile home park investing41:39-Getting a hold of Alex42:17-Conclusion Links & Mentions from This Episode:

Passive Mobile Home Park Investing
Interview with James Cook of Yale Advisors

Passive Mobile Home Park Investing

Play Episode Listen Later Jul 19, 2022 28:56


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with James Cook from Yale Advisors. As a broker in the niche market of manufactured housing communities, James has excelled and is known by sellers for selling top quality assets at extremely low cap rates. James and Andrew discuss how to identify bad mobile home park deals, the hardest value add component in Mobile Home Parks and the trade- off between current interest rates and the exit cap rates that are currently at a record low. Andrew and James also discuss what MHP's looked like during the Great Recession of 2008 - 2011. Yale Advisors handle all aspects from confidential displacements, to running full marketing and the call for offers process. Yale focuses on institutional grade mobile home communities ranging from 50 sites to 1,000+ site portfolios. James' primary focus as a broker at Yale Realty & Capital Advisors is assisting buyers and sellers of quality Manufactured Home Communities and RV Resorts. He has successfully closed on the sale or financing of roughly $1 billion in production and could be considered one of the top brokers in the Mobile Home Park space.. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
Interview with Ryan Hill and Brett Bowman of Suncrest Capital

Passive Mobile Home Park Investing

Play Episode Listen Later Jul 5, 2022 36:40


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Brett Bowman and Ryan Hill from Suncrest Capital. Brett, Ryan and Andrew discuss the following in this value packed episode: different tools/ software they use for managing mobile home parks, some lessons they have learned along the way and their preference in regards to tenant-owned homes and park-owned homes. Both Ryan and Brett have full time day jobs in addition to managing their portfolio of mobile home parks, on this episode they share with us how they balance their time and what transferable skills they've obtained from their initial profession. Suncrest Capital is a fast-growing real estate management company with over 600 lots and over $30 million in assets under management. Brett has previously invested in a variety of property types, from multi-family and single-family rentals, industrial lots, to mobile home communities. Ryan has more than thirteen years of experience in real estate and has had over $41 million in sales transactions over his career. He is both a mobile home park owner and an operator. Both Brett and Ryan are chief officers at Suncrest Capital, with Brett being a chief investment officer and Ryan wearing the hat of chief operating officer. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Po

Passive Mobile Home Park Investing
Interview with John Hall of Newby Management

Passive Mobile Home Park Investing

Play Episode Listen Later Jun 21, 2022 28:10


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with John Hall of Newby Management. John and Andrew discuss several items including: overcoming tough hurdles, advice for passive MHP investors and the unique perspectives John has on managing mobile home park communities from his long career in the space. In addition, John Newby and Andrew Keel also discuss the similarities and differences when it comes to the property management of RV parks and mobile home parks. John grew up in the manufacturing housing community industry, as his mother and father managed RV communities throughout their careers. John started at Newby Management in 2012 as a regional manager and has worked his way up to now being the President of Newby Management since 2020. Newby management oversees forty-five higher-end amenity rich properties primarily in the Southeast and Florida. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. Talking Points:

Passive Mobile Home Park Investing
Interview with Rudy Curtler of Sawgrass Capital Partners

Passive Mobile Home Park Investing

Play Episode Listen Later Jun 14, 2022 39:03


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Rudy Curtler from Sawgrass Capital Partners. Andrew and Rudy discuss the ideology of having a win-win situation with tenants, the formation of different partnerships and the end goal being profitable while still sustaining a win-win between your investors and tenants.Rudy began investing in real estate in 2007 as a means to diversify his investments as he had been overweighted in growth stocks. Rudy and his brother in law bought their first mobile home park almost by accident as they continued to get shut out of multifamily investing. Rudy and his team at Sawgrass Capital Partners are taking a unique perspective on the mobile home park industry by exploring 3D printed housing. By vertically integrating the construction of 3D homes, they would be able to fill vacant lots inside of their portfolio of mobile home parks.Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than 10 states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities.Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at http://AndrewKeel.com/.Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Andy Tallone from CCI Investments

Passive Mobile Home Park Investing

Play Episode Listen Later Jun 7, 2022 56:58


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Andy Tallone from CCI Investments. Andy and Andrew discuss several topics related to passive mobile home park investing. Andy talks about what he thinks the perfect Mobile home park looks like, also why he likes tenant-owned homes over park-owned homes and how inflation will impact the real estate industry and mobile home parks specifically. Andy is currently the Vice President of CCI Investments, LLC. He is a licensed California Real Estate Broker and a Broker-Associate with CCI Investments. Andy started in residential real estate at the age of 22 and gained experience in real estate auctions soon thereafter. Andy got his Brokers License in 1991 and opened Sierra Pacific Properties in San Jose, CA doing residential real estate, land deals and real estate development. From there, he moved on to Dutra Realty, who at the time was the largest independent real estate firm in Alameda County. CCI Investments currently manages over 50 Mobile home parks and has turned around over 300 Mobile home parks. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:25 - Andy's background and journey into real estate 03:50 - Andy and Robert's current parks and their clients' parks

Passive Mobile Home Park Investing
Interview with Christopher Nelson of Thrive Communities

Passive Mobile Home Park Investing

Play Episode Listen Later May 31, 2022 32:28


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Christopher Nelson of Thrive Communities. Andrew and Christopher discuss Thrive Communities and how Thrive uses certain strategies for growth in the manufactured housing community space. Christopher also shares his journey into real estate and why mobile home parks are a good investment opportunity. Christopher Nelson is the Co-Founder and Principal of Wealthward Capital, a real estate private equity investment firm. Wealthward Capital invests in cash flowing, institutional grade assets - such as mobile home parks, apartment buildings and ATM's. His focus is meeting with operators and finding the next investment opportunity. When not looking for cash flowing investment opportunities, Christopher is spending time with investors educating them on building thriving passive income portfolios. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully i

co founders owner llc thrive principal communities atm top podcasts christopher nelson wealthward capital keel team
Passive Mobile Home Park Investing
Interview with Lee Meekcoms of Parkbridge Capital Group

Passive Mobile Home Park Investing

Play Episode Listen Later May 24, 2022 47:09


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Lee Meekcoms, from Parkbridge Capital Group. Lee and Andrew discuss many mobile home park related topics including: the future of interest rates, the demand for affordable housing, expense ratios associated with owning Mobile Home Parks, and passive investing tips for Mobile Home Park investors. Andrew and Lee also awards us advice for recessions and the current mobile home park investing climate. Lee initially entered the real estate investing arena in the apartment and self-storage sectors with a private equity firm based in the northwest. He later formed Parkbridge as an affiliate company in the mobile home parks and RV resort investment business. Lee's company was instrumental in the affiliate growing to over 60 communities across 13 states and 28,000 mobile home sites. Lee participated in the first CMBS (conduit) financing in the United States, in the early 1990's resulting in $106 million in financing for his affiliate company. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 200 total 5-star reviews by the end of 2022, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
Ground Up Mobile Home Park Development with Jim Glasgow of Palace Way Management LLC

Passive Mobile Home Park Investing

Play Episode Listen Later May 17, 2022 36:41


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Jim Glasgow of Pa at lace Way Management. Jim and Andrew have a great discussion about various topics including: property zoning needs for manufactured housing, different housing types and the need for affordability, ground up development processes, budgeting within a ground up mobile home park development and also what backlogs and supply chain constraints there are in the current construction market and how this is effecting real estate. Jim has over a decade of experience in real estate investing and syndication. He also has experience on the corporate side as an executive and business owner. His experience in real estate includes residential properties, mobile home park investing, commercial real estate properties, land, real estate development, and construction. He is a general partner at Palace Way Management and Palace Way Syndicates and is currently developing mobile home parks and industrial business parks in Texas. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Talking Points:

Passive Mobile Home Park Investing
Interview with Mike Conlon of Affordable Communities Group

Passive Mobile Home Park Investing

Play Episode Listen Later May 10, 2022 46:49


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with MHP legend Mike Conlon. Mike is currently leading Affordable Communities Group, also known as ACG, with his vast knowledge of the manufactured housing industry having been in it for over 15 years. Andrew and Mike discuss the future of the mobile home park industry and how it will fare with our potentially rocky economy. Mike also answers Andrew's questions about property managers, mobile home park investments versus apartment investments, and mobile home park value-add components. Mike Conlon is President and CEO of Affordable Communities Group, LLC who currently owns 44 mobile home communities and RV parks with approximately 6,200 spaces in 6 states. Mike is also the author of "Unconventional Wealth: How to Become A Main Street Millionaire Helping Others Get What They Need." Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,100 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Victor Alves of Vecno Capital

Passive Mobile Home Park Investing

Play Episode Listen Later Apr 26, 2022 25:15


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Victor Alves of Vecno Capital. Victor shares his thoughts on why paying attention to the small details in regards to mobile home park property management is super important. Andrew and Victor also discuss the most important things they think passive investors need to look out for when investing into mobile home parks. Victor shares why budgeting out repairs ahead of time are important in the real estate industry and specifically mobile home park investing. Victor and his wife Nina Alves are real estate entrepreneurs. Together, they founded Vecno Capital which is a vertically integrated real estate investment company. They have experience in managing and acquiring investment properties such as multi-family apartments, manufactured housing communities and single family homes. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:27 - Victor’s history and journey into the mobile home park industry 03:12 - His first mobile home park related education

Passive Mobile Home Park Investing
Interview with Steven Blank of Blank Family Communities

Passive Mobile Home Park Investing

Play Episode Listen Later Apr 12, 2022 32:15


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Steven Blank of Blank Family Communities. Steven shares his perspective on the future of the mobile home park industry, and the lessons he has learned through growing up in the mobile home park industry. Steven and Andrew have a great discussion on mobile home parks and how to be successful as a passive investor in the space. Steven started in the mobile home park industry at the age of 15, working on a maintenance crew at Franklin Companies. In 2011, Steven stepped into the corporate side and learned the ins and outs of the mobile home park industry from his family’s mobile home park portfolio. He then proceeded to help grow two of the fastest growing MHP operators in the country and was involved in over 80 mobile home communities’ acquisitions and sales. He founded Blank Family Communities in 2019. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Talking Points:

Passive Mobile Home Park Investing
Interview with Chad Freeman of MHPinvestors

Passive Mobile Home Park Investing

Play Episode Listen Later Mar 29, 2022 31:38


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Chad Freeman from MHPinvestors. Chad has a unique perspective on the manufactured housing industry and the real estate businesses as a whole. He shares his insights on the future of the mobile home park industry, mobile home park investing, and the lessons he has learned throughout his time investing in real estate. Chad and Andrew discuss the hurdles the industry could potentially face, as well as the perks during recessionary times. Chad has been a part of the real estate industry since 2005. He made the jump from residential real estate to commercial real estate and has overseen all aspects of a business. Chad, is a pilot currently and also is taking the lead in scaling his company MHPinvestors to new heights with his co-founder. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:21 - Chad’s story and journey into manufactured housing 05:50 - Chad’s first mobile home park and his current portfolio 11:11 - T

Passive Mobile Home Park Investing
Interview with Dan Gibson of 43 Properties

Passive Mobile Home Park Investing

Play Episode Listen Later Mar 15, 2022 40:18


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Dan Gibson from 43 Properties. Dan answers Andrew's questions with a unique perspective, as he is someone who stumbled accidently into mobile home park investing. Dan is based out of St. Louis, MO and he along with his brother and father have learned a great deal from owning mobile home parks. Dan emphasizes the importance of keeping good documentation so it's easier when you sell, he also recommends sticking to the basics. In this episode Dan shares his tips for passive investors who want to invest passively as limited partners into the mobile home park asset class via syndications. Dan is passionate about helping people and doing a great job and it shows through his enthusiasm and expertise. Dan has been investing in real estate for over 12 years now and is the CEO of his commercial real estate investment company based in St. Louis, MO. His company 43 Properties specializes in mobile home parks and self storage investments. He started the business with his Dad and brother and grew their company's portfolio to over $50 Million in assets under management. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Talking Points:

Passive Mobile Home Park Investing
Interview with Nick Najjar of Elephant Capital Partners

Passive Mobile Home Park Investing

Play Episode Listen Later Mar 1, 2022 33:12


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Nick Najjar from Elephant Capital Partners. Nick Najjar is a promising mobile home park owner, entrepreneur, and real estate investor. He is passionate about the MHP space and has learned a lot in his first few years in the manufactured housing industry. Nick shares some of his lessons learned through direct mobile home park ownership along with his best tips for passive mobile home park investors. Nick also shares with us his opinions on the future of mobile home parks. Besides being a mobile home park owner, Nick is an entrepreneur and passive investor. Nick is also a husband and father of four children. He’s a franchise owner of Real Producers Magazine and is the founder of Elephant Capital Partners. Elephant Capital Partners is growing at a rapid pace and they currently manage 5 mobile home parks with over 270 lots located throughout Missouri and Illinois. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Justin Donald the Lifestyle Investor

Passive Mobile Home Park Investing

Play Episode Listen Later Feb 15, 2022 36:16


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Justin Donald. Justin is the author of “The Lifestyle Investor”, a book discussing non-traditional ways investors can create the lifestyle they want through cash flow investing. Today, Andrew and Justin discuss mobile home park investing in-depth. In this episode, the guys discuss what passive investors should look out for when investing into their first mobile home park. Justin Donald shares a few of his stories from his first mobile home park investment and what he has learned since in this alternative commercial real estate asset class. Justin Donald’s ethos is to create wealth without creating a job. Tune in for several golden nuggets and don’t forget to pickup a copy of “The Lifestyle Investor” book today! Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com.Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
Interview with the MHP Expert: Glenn Esterson

Passive Mobile Home Park Investing

Play Episode Listen Later Feb 1, 2022 42:13


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Glenn Esterson, one of the leading brokers in the mobile home park industry. Glenn has over 20 years of experience as a real estate broker and in this episode he gives us his advice for limited partner investors getting started in the mobile home park space. Glenn and Andrew also discuss the current state of the mobile home industry given the recent woes in the economy with inflation and all. Glenn is the author of the Mobile Home Park Manifesto and is currently a Marcus and Millichap commercial real estate broker with a speciality in manufactured housing. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com.Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Denis Shapiro of SIH Capital Group

Passive Mobile Home Park Investing

Play Episode Listen Later Jan 18, 2022 32:08


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Denis Shapiro of SIH Capital Group. Denis has a unique background that has enabled him to build the skills necessary to be successful throughout his investing career. Today, Denis shares his background and previous experiences with Passive Mobile Home Park Investing Podcast listeners. On this episode Denis Shapiro offers advice to limited partner investors as he discusses his thoughts on the economic future of the mobile home park industry, inflation and interest rates in the United States. Denis began investing in real estate in 2012 when the market was just beginning to recover from the global financial crisis. He built a cash flowing portfolio with alternative assets such as notes, ATMs, mobile home parks, tech startups, and commercial properties. He co-founded an investment club for accredited investors in 2019. Following the success of his investor club, he launched SIH Capital Group. SIH provides accredited investors with a simplified strategy to invest for passive income. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:32 - Denis Shapiro's background and journey 05:33 - Investing in a fund of fund with m

Operators and Allocators Podcast
Getting started in MH Investing with Andrew Keel

Operators and Allocators Podcast

Play Episode Listen Later Jan 6, 2022 33:34


During this episode we had the chance to speak with a mobile home community rockstar Andrew Keel. He gives us a look at the inner workings of this investment space, from browsing to owning to operating multiple lots inside of a mobile housing park. There are a lot of do's and don'ts when entering this capital raising property opportunity. Let Andrew be your teacher this episode, grab a pen and paper. it's going to be an information filled ride on this episode of Operators & Allocators.   A little bit about our guest,  Andrew Keel is the owner of Keel Team, which owns and operates over 20 mobile home parks across 10 states. He was raised in an upper middle class neighborhood, his father was a small business owner and entrepreneur as Andrew grew up and that is where he gets his entrepreneur drive from. He didn't instantly start out investing on his own. Starting out as an apprentice to a local Central Florida real estate wholesaler. Using the knowledge he gained he started to look at ways to generate monthly cash flow and found a YouTuber by the name Lonnie Scruggs and followed his series and purchased his first of many mobile home units. Currently he owns and operates 1,030 lots across 20 mobile home parks in 10 states and we have a few mobile home parks under contract.   Andrew digs deep into giving you advice if you are looking to enter the mobile home communities Due Diligence is key   Start with small communities with public utility   Find inspiration & devise a strategy   Take a look at some of the topics in this interview 1:14 - Andrew opens up about his story 6:19 - Views on the market from then to now? 7:23 - What are some of your criteria for a property purchase? 13:30 - Park owned home communities 17:24 - Devising a strategy 18:50 - Unpopular opinion 23:00 - Finding Inspiration 27:00 - Best practices 31:00 - Important closing notes   Andrew Keel socials Personal Website https://www.andrewkeel.com Passive Mobile Home Investing Podcast https://podcasts.apple.com/us/podcast/passive-mobile-home-park-investing/id1520681893  Instagram https://www.instagram.com/keelteam  Youtube https://www.youtube.com/channel/UCKIPwBKFMD8JMAbLsXoZF-A    Learn more about the podcast and it's presenters at: https://therequitygroup.com/ Register to Invest with The Requity Group: https://investors.appfolioim.com/trg/investor/request_access Learn more about the podcast and it's presenters at: https://therequitygroup.com/ Register to Invest with The Requity Group: https://investors.appfolioim.com/trg/investor/request_access

Passive Mobile Home Park Investing
Interview with Sumeet Makhijani of Easy Living Communities

Passive Mobile Home Park Investing

Play Episode Listen Later Dec 28, 2021 36:49


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Sumeet Makhijani of Easy Living Communities. Sumeet brings a unique perspective to mobile home park investing as he is a plastic surgeon with a deep passion for mobile home parks. Summit tells his story about how he got into manufactured housing, he also answers questions about his biggest infill project and why he chooses to invest in the midwest compared to coastal cities. Summit has his Master’s of Real Estate degree from Georgetown University and also has a medical career he manages on the side, Sumeet shares what he has learned in this episode of the Passive Mobile Home Park Investing Podcast. Sumeet started off with a medical degree from the University of Tennessee College of Medicine. He completed an integrated plastic surgery residency program in New York and began a career as an Assistant Clinical Professor of Plastic Surgery at Columbia University. But, his passions didn’t just reside in medicine. Sumeet has always been interested in real estate. It is a family affair after all, since both of his parents worked in the industry. Not only is he the co-founder of Easy Living Communities, he is also the co-general partner on a 96-unit multi-family development in Nebraska, called Benson Mill. Easy Living Communities focuses on acquiring value-add mobile home parks all over the country. They provide their homeowners with affordable housing that is both safe and clean. They also ensure their investors have dependable returns. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Gabe Petersen of Kaizen Properties

Passive Mobile Home Park Investing

Play Episode Listen Later Dec 14, 2021 29:23


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Gabe Petersen of Kaizen Properties. Gabe brings his unique perspective on manufactured housing, being that he has just acquired his second mobile home park. Today he shares his story of how he left corporate America so he could pursue financial freedom through real estate investing (mobile home parks and self storage facilities specifically). Now with two mobile home parks under his belt, he discusses the importance of property management, what he has learned from being a passive investor, and his company Kaizen Properties. Gabe has had quite the transition in his professional life, he went from pursuing a philosophy degree at the University of Washington to dreams of law school and landing his first job in consulting. He went on to become a project manager and business analyst, then finally fell into wholesaling and flipping real estate in the Pacific Northwest. After that, everything fell into place for him as he settled into mobile home park and self storage facility investing, where he feels he fits best currently. Gabe also hosts the top ranked 'Real Estate Investing Club’ Podcast where he focuses on helping real estate investors take their businesses to the next level. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com (http://andrewkeel.com/) . Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 200 5-star reviews by the end of 2022, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
Interview with Samuel Sells of Wild Mountain Capital

Passive Mobile Home Park Investing

Play Episode Listen Later Dec 1, 2021 34:03


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Mr. Samuel Sells of Wild Mountain Capital. Sam shares his unique story of starting out in the military while also flipping houses, surviving and thriving in 2008, and the many lessons he has learned from his time investing in mobile home parks. Sam Sells has a great mindset when it comes to real estate. He knows what to focus on when it comes to treating people right, but also making money. Those things don’t need to be mutually exclusive after all. Sam is a retired US Air Force officer and combat veteran who founded Wild Mountain Capital in 2018 with his hero dad. The Wild Mountain team has individually owned, invested in, developed, or rehabbed 75 single and multifamily projects, and have 60+ years of commercial and residential real estate experience. Since 2019, the team has syndicated 20 development /rehab properties, creating equity growth, nearly twice the initial investment in less than two years. Projects include mobile home communities, apartment complexes, and self storage facilities. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Charlotte Dunford of Johns Creek Capital

Passive Mobile Home Park Investing

Play Episode Listen Later Nov 2, 2021


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Charlotte Dunford, the managing partner of Johns Creek Capital. Charlotte brings a unique perspective to mobile home park investing as she comes from humble beginnings being a first-generation American citizen and college graduate. After leaving China with just her belongings at age 16, she has come a long way to now owning over 20 mobile home parks. Today, she shares her journey as well as her processes for finding trailer park deals, property management, and her tips for passive investors. Charlotte has great insights for anyone interested in investing into mobile home parks. Johns Creek Capital is an investment management company which focuses on mobile home park assets. They currently have over $4.2 million worth of total investor subscriptions and currently own 20 mobile home park investments. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
Interview with Gabriel Hamel of Hamel Investments

Passive Mobile Home Park Investing

Play Episode Listen Later Oct 5, 2021 25:49


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Gabriel Hamel of Hamel Investments. Gabriel brings his enthusiasm and energy into answering Andrew’s toughest questions about mobile home parks including: his current acquisition criteria, what to look for in mobile home park utility infrastructure, the toughest hurdle he has faced through mobile home park ownership, and what passive investors need to look for when investing into mobile home park deals. Gabriel’s passion for mobile home parks is apparent when he talks about the future of the manufactured housing space along with the future of Hamel Investments and what makes them different. Gabriel Hamel is a real estate investor with a passion for mobile home parks. Financial freedom has allowed him to amass a multi-million dollar real estate portfolio consisting of single-family homes, multifamily apartments, and our favorite: cash-flowing mobile home parks. Currently, he owns four mobile home parks and has three under contract right now. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park value add projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Jeremiah Boucher of Patriot Holdings

Passive Mobile Home Park Investing

Play Episode Listen Later Sep 21, 2021 24:00


Welcome to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Jeremiah Boucher, the founder and CEO of Patriot Holdings. Jeremiah shares his story from starting out cold-calling and wholesaling mobile home parks to building his commercial real estate empire. Jeremiah also gives his advice about active mobile home park ownership along with several tips for limited partner passive mobile home park investors. Mr. Boucher shares his insights on what the “perfect” mobile home park looks like in his eyes and also touches on the stigma in manufactured housing. Jeremiah Boucher is passionate about the mobile home park industry and his passion shines through in this quick 20 minute episode. Jeremiah is the founder and CEO of Patriot Holdings, which is an alternative commercial real estate investment firm based out of Las Vegas, Nevada. Patriot Holdings focuses on cash flow producing properties, including: mobile home parks, self-storage facilities, and industrial properties. The firm has over 20 years of experience in these alternative investment classes and has built up a portfolio of over $90 million in assets under management. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
Interview with Jeremiah Boucher of Patriot Holdings

Passive Mobile Home Park Investing

Play Episode Listen Later Sep 21, 2021 24:00


Welcome to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Jeremiah Boucher, the founder and CEO of Patriot Holdings. Jeremiah shares his story from starting out cold-calling and wholesaling mobile home parks to building his commercial real estate empire. Jeremiah also gives his advice about active mobile home park ownership along with several tips for limited partner passive mobile home park investors. Mr. Boucher shares his insights on what the “perfect” mobile home park looks like in his eyes and also touches on the stigma in manufactured housing. Jeremiah Boucher is passionate about the mobile home park industry and his passion shines through in this quick 20 minute episode. Jeremiah is the founder and CEO of Patriot Holdings, which is an alternative commercial real estate investment firm based out of Las Vegas, Nevada. Patriot Holdings focuses on cash flow producing properties, including: mobile home parks, self-storage facilities, and industrial properties. The firm has over 20 years of experience in these alternative investment classes and has built up a portfolio of over $90 million in assets under management. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
20 things I learned from MHI's 2019 MHC of the year!

Passive Mobile Home Park Investing

Play Episode Listen Later Sep 7, 2021 14:02


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks about the 20 items he learned after going to the Manufactured Housing Institute’s 2019 Land Lease Community of the Year; Memphis Blues which is located in Memphis, TN. UMH Properties is doing some wonderful things to help the mobile home park asset class shake free of the “trailer park” stigma. From what Andrew saw, UMH and everyone at Memphis Blues makes it apparent that the people are the most important part of their community. Today he shares twenty things he learned from Memphis Blues and UMH Properties. Memphis Blues, formerly called Memphis Mobile City, is a gorgeous all-rental manufactured home community located in Memphis, Tennessee. It is currently owned by UMH Properties, which is a mobile home park REIT. The community went through a complete overhaul, completely shutting down for six years after flooding in 2011. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Demetre Booker and Gretchen Zucker of Elevate Commercial

Passive Mobile Home Park Investing

Play Episode Listen Later Aug 24, 2021 40:21


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Demetre Booker and Gretchen Zucker of Elevate Commercial. The big topic today is “social impact” and “social responsibility” when it comes to mobile home park investing and management. Investing, managing, and operating mobile home parks isn’t just about the property, it’s also about the people. One would argue, it’s mostly about the people. Demetre, Gretchen, and Andrew talk about how to handle non-paying residents, how to look at a deal in a “socially responsible” way, and what “social impact” means for passive mobile home park investors. Demetre and Gretchen also tackle Andrew’s questions on the toughest hurdles they have faced in manufactured housing community ownership, their advice for limited partner investors, and their process of sourcing deals. Elevate Commercial Investment Group is a real estate firm that focuses on acquiring value-add multifamily assets. They are a full-service, socially responsible, and vertically integrated and has either acquired, partnered, or consulted on over 1,300 work-force housing multi-family units, over 1,400 mobile home park lots, and over 113,000 sq ft of retail and medical office buildings since 2015. Demetre Booker Jr. is the Principal Partner of Elevate Commercial, a full service, socially responsible, and vertically integrated commercial real estate firm. Gretchen Zucker has a career working with social entrepreneurs. She works with around 4,000 entrepreneurs, in over 90 countries to blend profits with social impact. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
Interview with MHP Loan Broker Judah Aderet of Princeton Capital Group

Passive Mobile Home Park Investing

Play Episode Listen Later Jul 27, 2021 41:37


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Judah Aderet of Princeton Capital Group. Judah’s background is in finance and his experience with mobile home community lending gives him keen insights and a unique perspective. Andrew and Judah talk about tips for Limited Partner passive investors, Judah’s perfect mobile home park, and mistakes that new manufactured housing community operators make. Judah also shares his knowledge about financing mobile home parks for operators and investors. Andrew and Judah also talk about some tips and buzzwords that new passive investors might not be familiar with yet. Judah is the Principal and Founder of Princeton Capital Group, a commercial real estate loan broker with a specialty in manufactured housing communities. Judah has closed 40 manufactured housing community loans over the last 12 months and 150 over the last five years! Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com.Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Kolman Bubis of Sunstone Real Estate Advisors

Passive Mobile Home Park Investing

Play Episode Listen Later Jul 13, 2021 33:11


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Kolman Bubis, a founding partner of Sunstone Real Estate Advisors (or Sunstone REA). Andrew and Kolman talk about what passive investors (Limited Partners) need to look out for prior to investing into the mobile home park asset class, in addition to what Kolman’s perfect mobile home park looks like. They also discuss Kolman’s advice for LP’s, and discuss Sunstone REA and mobile home park operations. Kolman also uses his background and expertise to answer questions about the future of the Manufactured Housing business as well as his personal vetting process for deal sponsors. Kolman has been instrumental to the success of Sunstone REA in their completion of brokerage, capital placement and consulting assignments. He is also founding partner of Sunstone Mortgage Capital, a sister company of Sunstone Real Estate Advisors, founded in 2013. Before Sunstone, he worked at Marcus & Millichap, where he focused on the brokerage of mobile home park properties. Kolman helped clients with fine-tuning their property disposition, acquisition and investment strategies. He went to school at Indiana University and holds a Bachelor of Science degree in Public Finance. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
Interview with Sydney Barker of Open Door Capital LLC

Passive Mobile Home Park Investing

Play Episode Listen Later Jul 6, 2021 28:35


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Sydney Barker of Open Door Capital LLC. Sydney’s hard work and background in finance has helped her become the Vice President of Finance at Washington Street Properties. Sydney also is in the asset management division at Open Door Capital LLC, a mobile home park investment fund co-founded by it’s CEO Brandon Turner, who is also the host of the BiggerPockets real estate investing podcast. Sydney is also an active real estate investor and owner of SOHO Properties LLC. Today, Sydney and Andrew talk about everything mobile home park investing. Including what her perfect mobile home park looks like, her toughest hurdles in the business and her thoughts on a $15 per hour minimum wage affecting the MH space. She talks about her experience with her first mobile home park acquisition, and gives some advice to new investors getting into the trailer park business. Sydney talks about impulse versus experience, and goes over the changes she’s seen in her first community since she started working on it two years ago. Sydney shares her vast knowledge on the manufactured housing space during this VALUE PACKED episode you won’t want to miss. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. It would mean the absolute world to me if you could help contribute to our reviews. Thanks ahead of time for making my day with your five-star review of the show! Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Jimmy Johnson of Sanddollar Communities

Passive Mobile Home Park Investing

Play Episode Listen Later Jun 22, 2021 42:35


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Jimmy Johnson of Sanddollar Communities. Jimmy shares his story about his unique entry into the manufactured housing industry. He also gives his advice for new passive mobile home park investors and active trailer park operators. Jimmy offers his expertise on a few items including: the future of the mobile home park industry and his process for hiring and employing great on-site managers. He also shares his insights on working with significant others. Jimmy Johnson is the founder of Sanddollar Communities, which focuses on the sourcing of off market, direct to seller, mobile home parks. He has closed 34 mobile home parks in 14 different states. Jimmy also has founded Sanddollar Communities Management, a mobile home park property management firm that manages a growing portfolio of over 1,300 sites across the country. Jimmy lives in Tampa, Florida and is an avid boater & fisherman. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show! Talking Points:

Passive Mobile Home Park Investing
Interview with Ryan Groene of Groene Capital

Passive Mobile Home Park Investing

Play Episode Listen Later Jun 15, 2021 38:46


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Ryan Groene, of Groene Capital. Ryan has had experience in every aspect of mobile home park investing and operations including finding, running, flipping, refinancing, and selling mobile home park communities. Ryan answers some of Andrew’s toughest and most interesting questions with his unique perspective and vast experience in the manufactured housing space. While he may be a part of the younger generation of owners and operators, Ryan is knowledgeable, eager to teach, and is excited to share what he has learned about the mobile home park industry. Ryan started off his journey with a degree in finance after being a student athlete in college. He worked in the finance industry before diving into mobile home parks full time. His portfolio currently boasts nine mobile home parks with over 400 lots throughout the midwest and the southeast. He is also the Director of Operations for Buckeye Communities where he oversees the operations of over 500 lots throughout Ohio and Michigan. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Dylan Stewart and Alex Donnolo of Mavdon Investments

Passive Mobile Home Park Investing

Play Episode Listen Later Jun 8, 2021 49:33


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Dylan Stewart and Alex Donnolo of Mavdon Investments. Dylan and Alex bring their youthful enthusiasm and excitement to this week’s episode as they talk about their first mobile home park deal, the future of Mavdon Investments, their due diligence process, and their journey into the manufactured housing industry. Don’t let their youth fool you, Dylan and Alex are very knowledgable on the mobile home park business. They share what they’ve learned and how they continue to learn about this evolving industry. Don’t miss all of the golden nuggets this episode has to offer! Dylan and Alex have always had entrepreneurship in their blood. Separately, they were both in the single-family home investing business before partnering and forming Mavdon investments. Their first mobile home park deal came about at the end of 2018 just outside of St. Louis, Missouri. They’ve gone on to close on six more parks. They currently own 117 lots and are closing on another 176 this month! They have created and maintained a fantastic team and their goal is to help educate others in the business. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points:

Passive Mobile Home Park Investing
Interview with Corey Woodruff of CMH Capital

Passive Mobile Home Park Investing

Play Episode Listen Later Jun 1, 2021 23:02


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Corey Woodruff of CMH Capital. Corey shares how his background in vacation timeshare sales gave him a unique perspective and edge when paired with his knowledge of manufactured housing. Andrew and Corey also talk about what they think the future of the manufactured housing industry will look like. In addition to sharing some insight on CMH Capital and what makes them different, Corey also talks about his perfect mobile home park and the toughest hurdle he had to face when getting into mobile home park investing. Corey shares some common mistakes he sees by other operators and he also shares his advice for passive investors who want to jump into the lucrative world of mobile home parks. CMH Capital owns 1,600 lots with another 1,200 set to close over the next 60 days! Corey used to work as the President of Sales in the RV/ travel world before leaving his full-time, six-figure paying job in August of 2020 to go into mobile home park investing full time. Corey has 3 kids, and is getting married in August 2021. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 1,600 lots under management. His team currently manages over 20 manufactured housing communities across ten states - AR, GA, IA, IL, IN, MN, NE, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Would you like to see mobile home park value-add projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions! Talking Points:

Passive Mobile Home Park Investing
Interview with MHP Operator Ian Tudor of the Archimedes Group

Passive Mobile Home Park Investing

Play Episode Listen Later May 25, 2021 30:51


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with mobile home park owner/ operator Ian Tudor of the Archimedes Group. Ian is apart of the younger, next generation of mobile home park owner/ operators. He brings his unique experiences, background, and perspective when talking with Andrew on this episode about topics including: what his perfect mobile home park looks like, common mistakes made by new operators, and hurdles the manufactured housing industry faces moving forward. Ian offers new enlightening ideas and standpoints when giving tips to passive investors on today’s episode. Virginia Tech graduate, Ian Tudor started his career in the financial world. He joined Parkway Properties, a class A office REIT, as a member of their investments analyst team. During his tenure at Parkway, Ian underwrote over $1B in acquisitions and dispositions as a senior investment analyst. Currently Ian works full-time on operating and growing the Archimedes Group manufactured housing community portfolio. He is the co-founder of both the Archimedes Group and Mobile Home Park Mentors, where he and previous podcast guest Ryan Narus team up to coach new mobile home park investors towards buying and operating their first mobile home park. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 1,500 lots under management. His team currently manages over 20 manufactured housing communities across ten states - AR, GA, IA, IL, IN, MN, NE, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show! Talking Points:

Passive Mobile Home Park Investing
Interview with Jon Carcone of 4 Brothers Commercial

Passive Mobile Home Park Investing

Play Episode Listen Later May 18, 2021 18:42


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with one of his current business partners; Jon Carcone of 4 Brothers Commercial. Jon brings his own flavor and sense of humor to the episode as they talk about Jon’s journey into mobile home parks and real estate as a whole. Jon discusses what his perfect mobile home park looks like, and what he thinks the future of the industry looks like. Jon Carcone attended Wake Forest University and majored in business. After graduating he worked for Corporate Executive Board (CEB), a management consulting company based in Arlington, VA. He rose in ranks at CEB before eventually discovering real estate in 2009 after purchasing property in Arlington. He eventually left CEB after learning as much as he could about the real estate flipping business, he then proceeded to buy and sell more than 200 properties since 2010. Andrew and Jon partnered up on their first deal in 2020, after realizing they each were pursuing two mobile home parks in the same town outside of Grand Forks, North Dakota. The two have partnered up on seven mobile home park acquisitions since then to date. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 1,500 lots under management. His team currently manages over 20 manufactured housing communities across ten states - AR, GA, IA, IL, IN, MN, NE, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Charlie Ansanelli of RockStack Capital

Passive Mobile Home Park Investing

Play Episode Listen Later May 11, 2021 42:36


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Charlie Ansanelli. Charlie is currently the principal of RockStack Capital, he is a former tech entrepreneur turned full-time mobile home park investor and operator. He owns and operates 11 mobile home parks comprising of over 600 units and over $20 million in current market value. In addition to mobile home park investing, Charlie is also an angel investor and enjoys mentoring other entrepreneurs or people new to the real estate investing space. Charlie brings his knowledge and experience from not only real estate and affordable housing but also from his entrepreneurial projects including what he learned from start up: ParkPlease. Andrew and Charlie do a deep dive into what they want to see change about the stigma of mobile home parks and “trailer parks”. They also talk about Charlie’s advice for passive investors who are interested in this asset class, along with his views on the future of the manufactured housing industry. They also touch on Charlie’s perfect mobile home park and what makes RockStack different from other operators in the space. Listen in to get several golden nugget take aways from Andrew and Charlie! Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 1,500 lots under management. His team currently manages over 20 manufactured housing communities across ten states - AR, GA, IA, IL, IN, MN, NE, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show. Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 01:40 - How Charlie got into the real estate business

Passive Mobile Home Park Investing
Interview with Mark Khuri of SMK Capital Management

Passive Mobile Home Park Investing

Play Episode Listen Later May 4, 2021 35:27


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with manufactured housing community investment fund manager Mark Khuri. Mark is the co-founder of SMK Capital Management, an investment firm which provides investors with passive income and growth through the creation of partnerships in private commercial real estate opportunities. Mark has been investing in real estate for over 15 years and has transacted in over $1 billion worth of real estate, including mobile home parks, self-storage, multifamily, and others. Today, Andrew and Mark talk about what the future of mobile home park investing looks like. They discuss Mark’s unique perspective as he provides his expert opinion on the industry direction with possible inflation on the horizon. They also talk about Mark’s niche alternative investments, including ATM’s. The guys also touch on the $15 minimum wage, Mark’s perfect mobile home park, and the story of how Mark got into real estate and mobile home parks specifically. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 1,500 lots under management. His team currently manages over 20 manufactured housing communities across ten states - AR, GA, IA, IL, IN, MN, NE, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

Passive Mobile Home Park Investing
Interview with Brad Rymer the former CFO of RV Horizons

Passive Mobile Home Park Investing

Play Episode Listen Later Apr 27, 2021 41:55


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Brad Rymer about mobile home park investing, tips for getting into the manufactured housing industry, and stories from his point-of-view as the president of Cloverleaf Capital Group and formerly as the CFO of one of the top five manufactured home community portfolio owners in the United States (RV Horizons). Currently based out of Denver Colorado, Brad Rymer has been president of Cloverleaf Capital Group. Cloverleaf Capital is a mobile home park loan broker which specializes on loans under $1 million dollars. Prior to co-founding and becoming President of Cloverleaf, Mr. Rymer served as the CFO of RV Horizons. At RV Horizons, he had many responsibilities including serving as the company's Business Intelligence Officer in 2018. Brad received an MBA from Regis University and a BA in Fine Arts from Wabash College and began his real estate career with Marcus & Millichap in 2000 as a specialist in sales and marketing. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 1,500 lots under management. His team currently manages over 20 manufactured housing communities across ten states - AR, GA, IA, IL, IN, MN, NE, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 100 total 5-star reviews by the end of 2021, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show! Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast

Passive Mobile Home Park Investing
Interview with Mobile Home Park Owner/ Operator Mario Dattilo of The REA Group

Passive Mobile Home Park Investing

Play Episode Listen Later Apr 20, 2021 35:20


Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Mario Dattilo of The REA Group. Mario owns and operates mobile home parks throughout the southeastern United States. Andrew taps into Mario’s expertise and asks him about his take on important questions Limited Partner (LP’s) investors should ask an operator prior to investing with them. They also discuss what LP’s should look out for when investing into mobile home parks and the future of the economy and how mobile home parks could be affected. Mario has unique experience operating and managing manufactured housing communities in the state of Florida, which is known for it’s hurricanes as much as it is known for it’s sunshine. Mario explains how he hedges the risks of investing in such a natural disaster heavy state. Mario Dattilo, originally born in Minnesota, currently resides in the Sunshine State of Florida. With over 13 years of real estate investment experience under his belt, he is an expert in the industry. That experience ranges from being a managing partner of a real estate brokerage to co-managing REA USA’s residential, multifamily, and commercial portfolios since it was first established. At REA USA, he oversees acquisitions, management of general operations, and investor relations. Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 1,500 lots under management. His team currently manages over 20 manufactured housing communities across ten states - AR, GA, IA, IL, IN, MN, NE, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com. Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions. Talking Points:

The Real Estate Investing Experience
Ep 56: The Mobile Home Park Investing Scene with Andrew Keel

The Real Estate Investing Experience

Play Episode Listen Later May 26, 2020 43:56


Andrew Keel is the owner of Keel Team, LLC. He started out as a Lonnie Dealer, selling individual mobile homes out of several parks throughout central Florida. After graduating to the mobile home park investing scene and buying his first park in June of 2017, he has quickly amassed an impressive portfolio, and his team currently manages 17 manufactured housing communities across seven states in the US. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. Andrew's strategy involves buying directly from small Mom and Pop owners, bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficacies, ultimately increasing NOI. In this episode, Andrew tells us how he found financial freedom for himself and his family by getting out of the fix-and-flip world and into mobile home parks.

The Mobile Home Park Investing Podcast - Real Estate Investing Niche
Ep #112: Managing the Covid-19 Pandemic with Fellow Mobile Home Park Investor Andrew Keel

The Mobile Home Park Investing Podcast - Real Estate Investing Niche

Play Episode Listen Later Apr 3, 2020 46:33


Andrew is the owner of Keel Team, LLC and his team currently manages 16 manufactured housing communities across six states – AR, IL, IN, IA, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Recommended Resources: Check out our company and our investment opportunity by visiting SunriseCapitalInvestors.com Self Directed IRA Investment Opportunity – Click HereTo Learn More About How You Can Invest With Us Through Your SDIRA Accredited Investors Click Hereto learn more about partnering with me and my team on Mobile Home Park deals! Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them click here Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

The Real Estate Locker Room Show with John Carney
JC 080: Investing in Manufactured Homes with Andrew Keel

The Real Estate Locker Room Show with John Carney

Play Episode Listen Later Dec 2, 2019 32:13


Andrew Keel is the founder of the Keel Team, LLC. He and his team currently manage 16 manufactured housing communities and are continuing to grow. Andrew uses his expertise to turn around under-managed, manufactured housing communities by utilizing proven systems to maximize occupancy while reducing operating costs, thus generating revenue.  The Keel Team specializes in bringing in mobile homes to fill vacant lots, implementing utility bill pay back programs, and improving overall management and operating revenue. The result of his efforts significantly boosts the asset value and net operating income of these communities. Andrew Keel joins John Carney today in The Real Estate Locker Room to amplify your mobile home game.

The Forever Cash Life Real Estate Investing Podcast: Create Cash Flow and Build Wealth like Robert Kiyosaki and Donald Trump

Andrew Keel is the owner of Keel Team, LLC and his team currently manages 16 manufactured housing communities across seven states – AR, IL, IN, IA, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. In this episode, Jack Bosch chats to Andrew about his experience in the mobile home market and what he does to optimize his investments. Andrew has chosen a specific niche in the mobile home sector and this has enabled him to achieve amazing success as a real estate investor. What's inside: Find out how Andrew Keel got into the mobile home market Discover why there is a huge demand for mobile homes in the USA Understand how to optimize your investments Learn more about the mobile home market Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn how to flip land for pennies on the dollar: http://www.landprofitgenerator.com Learn more about Andrew Keel at https://www.keelteam.com

The Entrepreneur Way
1311: Training Your Mind and Getting into the Entrepreneurial Mindset with Andrew Keel Founder and Owner of Keel Team LLC

The Entrepreneur Way

Play Episode Listen Later Aug 23, 2019 39:36


Andrew Keel is the owner of Keel Team, LLC and his team currently manages 14 manufactured housing communities across six states - IL, IN, IA, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Two interesting facts about Andrew are that he started out as a “Lonnie Dealer” investing in individual mobile homes and that in order to successfully implement his management strategy, Andrew usually moves on location during the first several months of ownership to implement his management plan. “hire right and take the time. Because a bad hire, I've learned the hard way, it sets you back more than it puts you forward. In the beginning I hired my friends and family because I could trust them and I believe that that was the best fit. But looking back I probably would have gone about things differently. I would have hired people with more experience in that field and we would be in a different atmosphere right now had we have done that but I did was comfortable and I had to learn the hard way”…[Listen for More] Click Here for Show Notes To Listen or to Get the Show Notes go to https://wp.me/p6Tf4b-79P

Simple Wholesaling With Brett Snodgrass
SWP: 174 Building Wealth with Mobile and Manufactured Housing

Simple Wholesaling With Brett Snodgrass

Play Episode Listen Later Aug 20, 2019 59:17


Andrew Keel is the owner of Keel Team, LLC and his team currently manages 14 manufactured housing communities across six states—Illinois, Indiana, Iowa, Ohio, Pennsylvania, and Tennessee. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He also specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boosts the asset value and net operating income of the communities. Two interesting facts about Andrew: he started out as a “Lonnie Dealer,” investing in individual mobile homes and that in order to successfully implement his management strategy, Andrew usually moves on location during the first several months of ownership to implement his management plan.