Podcasts about park street partners

Today's Flash Back Friday Episode is from Episode #31, which originally aired on August 04, 2014 Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times and Bloomberg Magazine.  Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest, and consults to mobile home park owners in California.   Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign.  Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company.   In this episode, Jefferson shares with us the Top 10 mistakes he made when getting started in this business with the hopes that you can learn from his mishaps and avoid these same pitfalls Recommended Resources:  Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Where to find mobile home parks dealsThe mobile home park communityRaising money to investWhat kind of deals to look forRent-and-own business modelsHow to recognize a good dealLife and Money Impact RoundWhat is the one thing to do now to live a meaningful and intentional life by design?What is one life or money hack that you can share to make an impact on others' lives?One thing to do right now to make the world a better placeABOUT JEFFERSON LILLYJefferson is a mobile home park investment expert and educator. He is responsible for Park Avenue Partners’ strategic direction, acquisitions, and property operations. Before founding Park Avenue Partners, he co-founded Park Street Partners, a similar partnership also focussed on acquiring mobile home parks nationwide. Both personally and through his partnerships, Jefferson has acquired 25 MHPs in 13 states since 2007 totaling over $56mm in value. He started the industry’s first podcast and the largest group on LinkedIn dedicated to investing in mobile home parks. CONNECT WITH JEFFERSONWebsite: www.parkavenuepartners.comWebsite:  www.mobilehomeparkinvestors.comPodcast: Mobile Home Park InvestorsLinkedIn: Mobile Home Park Investors GroupCONNECT WITH USTo connect with Annie and Julie, as well as with other Investing For Good listeners, and to get the latest scoop on new and upcoming episodes, join Life and Money Show Podcast Community on Facebook.To learn more about real estate syndication investment opportunities, join the Goodegg Investor Club.Be sure to also grab your free copy of the Investing For Good book (just pay S&H)--Thanks for listening, and until next time, keep investing for good!

Gavin Devine, former chief executive of MHP, founder of public affairs boutique Park Street Partners and PRCA board member, joins Maja Pawinska Sims on the PRovoke podcast to talk through two big UK news stories: the David Cameron/Greensill lobbying scandal – and new proposed rules for lobbyists – and the communications failures of the proposed European Super League for football clubs.

Jefferson is a mobile home park investment expert and educator. He is responsible for Park Avenue Partners’ strategic direction, acquisitions, and property operations. Prior to founding Park Avenue Partners, he co-founded Park Street Partners, a similar partnership also focussed on acquiring mobile home parks nationwide. PSP’s investments are returning 8% - 12% cash annually to Limited Partners; appreciation is expected to increase returns further. Connect with Jefferson Lilly: Linkedin: https://www.linkedin.com/in/jeffersonlilly/ Facebook: https://www.facebook.com/jefferson.lilly Website: https://parkavenuepartners.com/     Connect with Seth Ferguson: http://www.SethFerguson.org        

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 biggest mentors; Jefferson Lilly with Park Avenue Partners. Jefferson talks about his first mobile home park deal in 2007, the demographics information on what would be his perfect mobile home park, what makes Park Avenue Partners different, and his predictions of where the mobile home market will be in 2021 and after.Jefferson is an expert and educator in the mobile home park asset class. As a founding member of Park Avenue Partners (and it's predecessor, Park Street Partners), he is responsible for their strategic direction, property operations, and new acquisitions. In this episode, Jefferson shares his expertise on the manufactured housing industry and also shares resources like his podcast and his Mobile Home Park Investors LinkedIn group.Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 1,400 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:00:21 - Welcome to the Passive Mobile Home Park Investing Podcast02:14 - Jefferson's background in the business06:22 - Jefferson's first park in 200709:37 - The most important thing passive investors (LPs) need to know or look for (risks)14:35 - The toughest hurdle17:19 - The current state and future of the mobile home park industry & manufactured housing21:55 - Value-add implements Jefferson uses in his new acquisitions25:30 - Jefferson's perfect mobile home park27:56 - The value proposition at Park Avenue Partners and what makes them different29:40 - Getting a hold of Jefferson Lilly37:39 - ConclusionLinks & Mentions from This Episode: Mobile Home Parks 2.0 presentation: https://www.mhvillage.com/pro/community-owner-presents-mhp-2-0/Mobile Home Park Investors LinkedIn Group: https://www.linkedin.com/groups/131404/Jefferson Lilly podcast: https://podcasts.apple.com/us/podcast/mobile-home-park-investors-jefferson-lilly-brad-johnson/id1069263193

On this episode of the TBG Real Estate Podcast, we're back with our Impact Real Estate Series and talking with Jefferson Lilly, founder of Park Avenue Partners -- a mobile home park investment firm. We take a dive with Jefferson to discuss investing in this niche of real estate, how he made himself the expert in this field and what the future looks like for this impactful industry. You won't want to miss this!Episode Notes01:28 - About Park Avenue Partners03:11 - Far more similar than different06:03 - How to buy a mobile home park09:37 - The investment strategy12:32 - Mom and Pop17:29 - The life cycle19:57 - The effects of Covid23:34 - The Big Boys26:24 - Getting into the business29:54 - Property management33:10 - The future of mobile home parks35:47 - Are millennials looking toward mobile homes?38:19 - Naturally occurring affordable housing39:39 - Mobile Home Park Investors Podcast -- take a listen!40:42 - The Hot Seat presented by KK ResetJefferson is a mobile home park investment expert and educator. He is responsible for Park Avenue Partners’ strategic direction, acquisitions, and property operations. Prior to founding Park Avenue Partners, he co-founded Park Street Partners, a similar partnership also focussed on acquiring mobile home parks nationwide.Both personally and through his partnerships, Jefferson has acquired 25 MHPs in 13 states since 2007 totaling over $56mm in value. He started the industry’s first podcast and the largest group on LinkedIn dedicated to investing in mobile home parks. Prior to beginning to manage investors’ money in 2014, Jefferson spent seven years investing his own capital in mobile home parks and consulting to high-net-worth families with interests in the manufactured housing industry.Earlier in his career he held a range of consulting and sales positions with Bain & Company, Viacom, and Verisign. Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the Real Money television show. He holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business.Jefferson’s favorite mobile home is the 1954 Spartan Imperial Mansion, upon which our logo is partially based. He finds the Bowlus Road Chief to be pretty appealing too.

Jefferson is a self-made millionaire, mobile home park investment (MHP) expert, educator, and industry consultant. http://parkstreetpartners.com/ (Park Street Partners) owns 17 MHPs coast-to-coast totaling over $32mm in value. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital acquiring and operating mobile home parks. Before becoming an investor full-time, Jefferson spent nine years in sales leadership roles with several venture-backed startups in Silicon Valley. He holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business. Jefferson started and hosts the https://podcasts.apple.com/us/podcast/mobile-home-park-investors/id1069263193 (Mobile Home Park Investors Podcast). He also founded the Mobile Home Park Investors group on LinkedIn – the world's largest professional networking group focussed on MHPs (3,500+ members). Key PointsWhy mobile home parks serve an important purpose in our country How to manage properties nationwide using the latest technology Supply and demand imbalances The MHP business model Value add opportunities in MHPs Fun FactsMobile homes have a VIN number, just as a boat, car, or trailer would 10% of the U.S. lives in mobile homes Lightning QuestionsWhat was your biggest hurdle getting started in real estate investing, and how did you overcome it? Jefferson was distracted by his job, personal life, etc. He's now completely focused and disciplined in his search for mobile home parks. Do you have a personal habit that contributes to your success? Jefferson has made an effort to hire people to help him out in his business. His goal is to make himself irrelevant to his business. Do you have an online resource that you find valuable? https://www.bestplaces.net/ (Bestplaces.net) What book would you recommend to the listeners and why? https://amzn.to/2IQhBcO (The Snowball: Warren Buffett and the Business of Life )by Alice Schroeder If you were to give advice to your 20-year-old self to get started in real estate investing, what would it be? Do the same things, but sooner. ResourcesVisit http://m/gp/product/B00NB86OYE/ref=as_li_tl?ie=UTF8&tag=jacob0ee-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=B00NB86OYE&linkId=100a9d2905599266aa7088bba0a33d55 (Audible) for a free trial and free audiobook download! http://parkstreetpartners.com/ (Park Street Partners) https://www.rentmanager.com/ (Rent Manager) – Property management software https://www.bestplaces.net/ (Bestplaces.net)  

Jefferson Lilly and Manuj Aggarwal discuss the business of real estate in this new episode of Bootstrapping Your Dreams Show. We will dig into a small and quirky niche, we will learn about the business of Mobile Home Parks. This dialog will serve us to explore how to find and build business opportunities where nobody sees them.What are you waiting for? Tune In Now!In this episode, we will learn to:How to discover new business opportunities where nobody sees themHow an obscure industry like mobile home park industry can be more profitable than a real estate consolidated nicheFocusing on your environment with business lensesBeing the big fish in the small pondHow to invest in quirky nichesHow to overcome challenges and learn from your mistakesLearn how business and social responsibility are interrelated How to take chances and manage risks in entrepreneurship About Jefferson LillyJefferson is a self-made millionaire, mobile home park investment expert, educator, and industry consultant. Park Street Partners owns 17 MHPs coast-to-coast totaling over $32mm in value. Education: Jefferson Lilly holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business.Experience: Before becoming an investor full-time, Jefferson spent nine years in sales leadership roles with several venture-backed startups in Silicon Valley.Accomplishments: Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the 'Real Money' television show.Fun Fact: Jefferson is committed with the education, transformation, and renewal of leaders for the society.Obstacles Overcame: Before co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital acquiring and operating mobile home parks.Links & Mentions from This Episode:Jefferson's business:  https://parkavenuepartners.com/TetraNoodle consulting services: https://go.tetranoodle.com/boot-podcastTetraNoodle professional training: https://courses.tetranoodle.comThanks for Tuning In!Thanks so much for being with us this week. Have some feedback you'd like to share? Please leave a note in the comments section!Enjoyed the episode? Kindly share it with your friends. Don't forget to subscribe to the show on iTunes to get automatic episode updates for our "Bootstrapping Your Dreams Show!" Support the show

Jefferson is a mobile home park investment expert and educator. He is the founder of Park Avenue Partners (ParkAvenuePartners.com) and co-founder of Park Street Partners. Collectively he owns 25 MHPs coast-to-coast totaling over $56m in value. Jefferson started the industry's first podcast dedicated to investing in MHPs (MobileHomeParkInvestors.com). Prior to managing investors' money in 2013, he spent seven years investing his own capital in mobile home parks. Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the Real Money television show. He holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business. What you'll learn about in this episode: How Jefferson got involved in the mobile home business and purchasing mobile home parks, after a successful tech career Why Jefferson sees mobile home parks as a great source of passive income, and how to get started with little startup money Why you should look at owning the real estate and not the “wheel-estate”, and why the business is flexible and has multiple potential strategies How Jefferson structures his investments and operates his mobile home parks, and why he only owns 10% of the homes on his land What options you have available if a tenant defaults on lot rent, and why default and eviction rates are lower than in the apartment world What avenues you can use to find a mobile home park deal, and why finding a deal is sometimes difficult Why mobile home parks are a niche that requires dedication, time, money, networking, and hard work What daily activities Jefferson follows every single day to be his best and to maximize his business success What books Jefferson recommends regarding the mobile home park investing niche, and what other investment books he suggests What important advice Jefferson would give his younger self, and why outside capital has been key to his growth How to connect with Jefferson Lilly: Website: https://parkavenuepartners.com/ Podcast: www.mobilehomeparkinvestors.com Additional resources: How to Find, Buy, Manage, and Sell a Manufactured Home Community by George Allen: https://amzn.to/2VgoztR The Snowball: Warren Buffet and the Business of Life by Alice Schroeder: https://amzn.to/2IdsS5s  

Jefferson is a self-made millionaire, mobile home park investment (MHP) expert, educator, and industry consultant. http://parkstreetpartners.com/ (Park Street Partners) owns 17 MHPs coast-to-coast totaling over $32mm in value. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital acquiring and operating mobile home parks. Before becoming an investor full-time, Jefferson spent nine years in sales leadership roles with several venture-backed startups in Silicon Valley. He holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business. Jefferson started and hosts the https://podcasts.apple.com/us/podcast/mobile-home-park-investors/id1069263193 (Mobile Home Park Investors Podcast). He also founded the Mobile Home Park Investors group on LinkedIn – the world's largest professional networking group focussed on MHPs (3,500+ members). Key Points Why mobile home parks serve an important purpose in our country How to manage properties nationwide using the latest technology Supply and demand imbalances The MHP business model Value add opportunities in MHPs Fun Facts Mobile homes have a VIN number, just as a boat, car, or trailer would 10% of the U.S. lives in mobile homes Lightning Questions What was your biggest hurdle getting started in real estate investing, and how did you overcome it? Jefferson was distracted by his job, personal life, etc. He’s now completely focused and disciplined in his search for mobile home parks. Do you have a personal habit that contributes to your success? Jefferson has mad an effort to hire people to help him out in his business. His goal is to make himself irrelevant to his business. Do you have an online resource that you find valuable? https://www.bestplaces.net/ (Bestplaces.net) What book would you recommend to the listeners and why? https://amzn.to/2IQhBcO (The Snowball: Warren Buffett and the Business of Life )by Alice Schroeder If you were to give advice to your 20-year-old self to get started in real estate investing, what would it be? Do the same things, but sooner. Resources Visit http://m/gp/product/B00NB86OYE/ref=as_li_tl?ie=UTF8&tag=jacob0ee-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=B00NB86OYE&linkId=100a9d2905599266aa7088bba0a33d55 (Audible) for a free trial and free audiobook download! http://parkstreetpartners.com/ (Park Street Partners) https://www.rentmanager.com/ (Rent Manager) – Property management software https://www.bestplaces.net/ (Bestplaces.net)  

Welcome to Episode 120 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Anna and Justin Scribner restore vintage trailers for a living at Flyte Camp. On today’s show, Anna and Justin share how they got into this line of work, some of their favorite restoration projects, and why they no longer work on trailer models that are beyond the 1964 year mark.    Key Takeaways: [2:20] What did Anna and Justin do prior to fixing up vintage homes?  [5:45] How do Anna and Justin sell their vintage trailers?  [12:40] How does Anna and Justin find all the parts to their trailers?  [14:30] Justin shares his favorite restoration project to date.  [17:00] How much does a typical renovation cost?  [20:15] Were Spartans really built differently than other trailers back then? [23:20] Anna and Justin don’t renovate mobile homes past the 1964 year mark. What changed after that era?  [27:40] How doe Anna and Justin find and train their employees?  [33:20] Anna shares some funny client restoration stories.    Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Flytecamp.com Email: Contact@Flytecamp.com

Welcome to Episode 120 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Anna and Justin Scribner restore vintage trailers for a living at Flyte Camp. On today’s show, Anna and Justin share how they got into this line of work, some of their favorite restoration projects, and why they no longer work on trailer models that are beyond the 1964 year mark.    Key Takeaways: [2:20] What did Anna and Justin do prior to fixing up vintage homes?  [5:45] How do Anna and Justin sell their vintage trailers?  [12:40] How does Anna and Justin find all the parts to their trailers?  [14:30] Justin shares his favorite restoration project to date.  [17:00] How much does a typical renovation cost?  [20:15] Were Spartans really built differently than other trailers back then? [23:20] Anna and Justin don’t renovate mobile homes past the 1964 year mark. What changed after that era?  [27:40] How doe Anna and Justin find and train their employees?  [33:20] Anna shares some funny client restoration stories.    Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Flytecamp.com Email: Contact@Flytecamp.com

Jefferson is a self-made millionaire, mobile home park investment expert, educator, and industry consultant. Park Street Partners owns 17 MHPs coast-to-coast totaling over $32mm in value. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital acquiring and operating mobile home parks. Before becoming an investor full-time, Jefferson spent nine years in sales leadership roles with several venture-backed startups in Silicon Valley. Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the ‘Real Money’ television show. He holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business. Jefferson started and hosts the Mobile Home Park Investors Podcast with over 10,000+ D/L per month. He also founded the Mobile Home Park Investors group on LinkedIn - the world’s largest professional networking group focussed on MHPs (3,500+ members).

Welcome to Episode 119 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson is back after a short podcast hiatus with some interesting updates from the latest trade show he attended. Jefferson recommends you attend the NCC trade show to learn about the latest industry news and to network with others. He’s even gotten a deal out of it himself by attending this event!   Key Takeaways: [1:50] Who should go to the NCC trade show? [2:50] What economic trends have been affecting the housing industry? [7:50] Around 100,000 long-haul truck drivers will be put out of business in the next five years due to automation. [11:45] Interest rates are predicted to keep rising and we might see a mini-recession in the second half of the year. [15:00] A quick legislative and regulatory update. [21:45] Roughly 12% of all housing in Georgia is manufactured. [22:25] Nothing in section 107 of the 2155 law impacts rent-to-own agreements. [24:15] Invite all your local representatives to come to see your park and your community. Talk to them about what you’re doing. [24:51] The next talk was about how to properly manage your PR during a crisis. [30:25] Think about your positive tenants. Who are your allies? [31:35] Set Google Alerts for your name or for your park. [35:55] What is the state of the market currently? [39:25] Biggest challenge currently is hiring talented employees. [42:50] Preliminary data shows that pad rents increase faster than apartment rents do. [44:45] Have some questions or thoughts? Feel free to email Jefferson.   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Meltwater.com Chatmeter.com

Welcome to Episode 119 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson is back after a short podcast hiatus with some interesting updates from the latest trade show he attended. Jefferson recommends you attend the NCC trade show to learn about the latest industry news and to network with others. He’s even gotten a deal out of it himself by attending this event!   Key Takeaways: [1:50] Who should go to the NCC trade show? [2:50] What economic trends have been affecting the housing industry? [7:50] Around 100,000 long-haul truck drivers will be put out of business in the next five years due to automation. [11:45] Interest rates are predicted to keep rising and we might see a mini-recession in the second half of the year. [15:00] A quick legislative and regulatory update. [21:45] Roughly 12% of all housing in Georgia is manufactured. [22:25] Nothing in section 107 of the 2155 law impacts rent-to-own agreements. [24:15] Invite all your local representatives to come to see your park and your community. Talk to them about what you’re doing. [24:51] The next talk was about how to properly manage your PR during a crisis. [30:25] Think about your positive tenants. Who are your allies? [31:35] Set Google Alerts for your name or for your park. [35:55] What is the state of the market currently? [39:25] Biggest challenge currently is hiring talented employees. [42:50] Preliminary data shows that pad rents increase faster than apartment rents do. [44:45] Have some questions or thoughts? Feel free to email Jefferson.   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Meltwater.com Chatmeter.com

Welcome to Episode 118 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today’s guest is Dennis Smith from Freddie Mac. Freddie Mac is considered a GSE (government-sponsored enterprise) and with that comes the Duty to Serve mandate, which focuses on three underserved markets for those who make under 80% of the median income. On today’s show, Dennis explains what the Duty to Serve initiative means and how that affects both mobile home residents and owners.   Key Takeaways: [2:20] What did Dennis do prior to joining Freddie Mac? [3:40] Dennis dives into a little bit of the history of Freddie Mac and what GSE (government-sponsored enterprise) is. [4:15] Where did the ‘Duty to Serve’ mandate/regulation come from? [6:10] Duty to serve focuses on three underserved markets; Rural housing, affordable housing, and manufactured housing. How is rural housing defined? [7:40] How is affordable housing defined? [10:15] What does Duty to Serve mean for the residents of mobile home parks? [11:25] And, finally, what does Duty to Serve mean for the owners of mobile home parks?   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Freddiemac.com Freddiemac.com/about/duty-to-serve

Merry Christmas from Park Street Partners

Merry Christmas from Park Street Partners

Welcome to Episode 116 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today’s guest is the first ever historian to appear on the show! Al Hesselbart is an RV and Mobile Home historian and has some very insightful knowledge into the evolution of the camper vehicle and what it has turned into today. Find out more about their history as we go all the way back to the beginning in 1910!   Key Takeaways: [3:05] What did Al do prior to getting into RVs and mobile homes? [4:55] What types of RVs does Al own currently? [10:50] The first automotive units available for camping purposes were identified in 1910. [11:55] What did the first ‘camping car’ look like? [15:35] What kind of features did a ‘Tin-Can Tourist’ have? [18:25] After the war in 1945, what kind of changes were made to the ‘RV’? [22:05] Americans saw a big shift in RVs in the 1960s and that’s how the mobile home was born! [23:00] As big capital invests more into RVs and mobile homes, has Al seen any changes in the way they’re structured? [25:00] What kinds of trends has Al seen in people who own RVs?   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com RVHistoryprograms.com Email Al: AlHesselbart@Aol.com Call Al: 574-361-7061

Welcome to Episode 115 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Denny Stone is based out of San Diego, California and is the owner of So Cal Vintage Trailer, which restores vintage trailers to running and functional condition. Denny shares his restoration process, what he likes about these vintage trailers and the types of people who are most attracted to these trailers.   Key Takeaways: [1:30] What did Denny do before he got into vintage RVs? [2:55] How does Denny find his trailers? [5:35] How long does it typically take to renovate a trailer? [7:50] How does Denny find the right parts for the vintage trailers? [10:10] Denny shares how he finds his talent and what the process looks like. [15:20] What makes a Spartan trailer different than the ones available today? [19:10] What other brands of trailers does Denny work on? [20:25] How much does the average restoration cost? [23:25] What kinds of modern upgrades does Denny add to these trailers? [25:45] Are there some aspects of the trailers in the 40s and 50s built better than trailers today? [28:50] Does Denny work on any mobile homes? [30:25] There are three types of markets or people who buy these types of trailers. [34:35] Denny shares some funny restoration stories. [36:15] Does Denny do any modifications for pets?   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Socalvintagetrailer.com Call Denny: 619-857-1847

Welcome to Episode 115 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Denny Stone is based out of San Diego, California and is the owner of So Cal Vintage Trailer, which restores vintage trailers to running and functional condition. Denny shares his restoration process, what he likes about these vintage trailers and the types of people who are most attracted to these trailers. Key Takeaways: [1:30] What did Denny do before he got into vintage RVs? [2:55] How does Denny find his trailers? [5:35] How long does it typically take to renovate a trailer? [7:50] How does Denny find the right parts for the vintage trailers? [10:10] Denny shares how he finds his talent and what the process looks like. [15:20] What makes a Spartan trailer different than the ones available today? [19:10] What other brands of trailers does Denny work on? [20:25] How much does the average restoration cost? [23:25] What kinds of modern upgrades does Denny add to these trailers? [25:45] Are there some aspects of the trailers in the 40s and 50s built better than trailers today? [28:50] Does Denny work on any mobile homes? [30:25] There are three types of markets or people who buy these types of trailers. [34:35] Denny shares some funny restoration stories. [36:15] Does Denny do any modifications for pets?   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Socalvintagetrailer.com Call Denny: 619-857-1847

Welcome to Episode 114 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson is back with another SECO Trade Show Recap. Find out more about some of the interesting things that were featured in this year’s conference and we hope to see you next year!   Key Takeaways: [1:00] This week, Jefferson is doing a review of the SECO Conference he just attended last month. [1:50] The conference first started off with a session on social media marketing that was very interesting and filled with some great resources. [4:25] The next session was about five key ways to bringing in new homes. [7:00] There’s really always a risk and that includes even doing nothing. [8:30] Craigslist tends to attract a lower quality tenant, so it’s best to advertise on Facebook, Zillow, Instagram, and Mhvillage instead. [12:10] The next session was about internet marketing and the importance of mobile-friendly websites. [13:35] It is estimated that by 2020, all search will be done by voice. [15:45] HUD has filed a complaint against Facebook for violating fair housing. [18:25] Video media still dominates the internet! [20:15] Credit Human was there and they directly lend to mobile home owners. [21:10] Next session was about lessons that were learned from new park owners. [23:55] Have conversations with your tenants! Don’t make improvements that they won’t want. [25:15] The next talk was about determining the value of your mobile home park. [27:00] Thinking of selling? Plan a year or two in advance. [31:05] You should have roughly 10% of the purchase price in cash reserves when you purchase a property. [32:25] Ozone generators are a great way to remove smells from a house as well as kill bed bugs. [33:05] Jefferson lists some excellent resources for mobile home financing. [34:55] Like what you heard? Please rate us on iTunes!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Secoconference.com Mhvillage.com Nos.twnsnd.co Hootsuite.com Purechat.com Fourleafprop.com Buy.matterport.com Usertesting.com Gatherup.com Sproutsocial.com Adespresso.com Rightcolumn.com Credithuman.com Rustiquerapidwall.com Designcrowd.com Freelancer.com Renttext.com Americancommercebank.com Vmf.com

Welcome to Episode 114 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson is back with another SECO Trade Show Recap. Find out more about some of the interesting things that were featured in this year’s conference and we hope to see you next year!   Key Takeaways: [1:00] This week, Jefferson is doing a review of the SECO Conference he just attended last month. [1:50] The conference first started off with a session on social media marketing that was very interesting and filled with some great resources. [4:25] The next session was about five key ways to bringing in new homes. [7:00] There’s really always a risk and that includes even doing nothing. [8:30] Craigslist tends to attract a lower quality tenant, so it’s best to advertise on Facebook, Zillow, Instagram, and Mhvillage instead. [12:10] The next session was about internet marketing and the importance of mobile-friendly websites. [13:35] It is estimated that by 2020, all search will be done by voice. [15:45] HUD has filed a complaint against Facebook for violating fair housing. [18:25] Video media still dominates the internet! [20:15] Credit Human was there and they directly lend to mobile home owners. [21:10] Next session was about lessons that were learned from new park owners. [23:55] Have conversations with your tenants! Don’t make improvements that they won’t want. [25:15] The next talk was about determining the value of your mobile home park. [27:00] Thinking of selling? Plan a year or two in advance. [31:05] You should have roughly 10% of the purchase price in cash reserves when you purchase a property. [32:25] Ozone generators are a great way to remove smells from a house as well as kill bed bugs. [33:05] Jefferson lists some excellent resources for mobile home financing. [34:55] Like what you heard? Please rate us on iTunes!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Secoconference.com Mhvillage.com Nos.twnsnd.co Hootsuite.com Purechat.com Fourleafprop.com Buy.matterport.com Usertesting.com Gatherup.com Sproutsocial.com Adespresso.com Rightcolumn.com Credithuman.com Rustiquerapidwall.com Designcrowd.com Freelancer.com Renttext.com Americancommercebank.com Vmf.com

Welcome to Episode 113 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Rich Voboril is the General Manager and one of the five Owners and Founders of PEP Lending; he shares how he helps tenants with bad credit get back on their feet and become a reliable and good tenant for mobile home park owners. Rich details his services and how he can help people who are looking to invest in a mobile home. Key Takeaways: [1:40] What did Rich do prior to joining PEP? [4:00] What types of lending programs does Rich offer to his customers? [4:40] Most of Rich’s customers have dealt with credit problems in the past. [7:10] The biggest loan Rich and his team have made was around $80,000. [7:40] Does a park owner have to become a licensed dealer in order to work with PEP? [11:00] How are the agreements usually structured between the park owner and tenant? [12:15] Rich explains what a typical loan structure looks like and how much a tenant pays, on average. [14:00] Do tenants need to find their own mobile parks or does PEP handle that? [16:30] Why does Rich not rely on bluebook mobile home values? [17:45] Are there characteristics of a mobile home that Rich and team will not finance? [19:35] What happens if the tenant is paying PEP but not the park owner lot rent? Or vice versa? [22:20] What happens if a customer defaults? [26:30] Rich prides himself and his company for being very accessible. You will always get a real, live person answering your call!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com PEPlending.com Call Rich: 708-478-5251 Email Rich: RVoboril@PepLending.com

Welcome to Episode 112 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today’s guest brings an interesting perspective and talent to the industry. Marisa Murrow is a visual artist and painter, and her subject matter? Mobile homes! Marisa explains on today’s show why mobile homes make her feel peaceful and free on today’s episode!   Key Takeaways: [2:25] What did Marisa do before she became a visual artist? [5:30] What kind of paint styles does she use? [6:30] How did Marisa get started in painting mobile home parks? [8:15] Marisa has been making mobile home park paintings for the last 15 years. [9:05] How many mobile homes has Marisa painted over the years? [11:35] What is Marisa process and how does she get started on painting a mobile home? [13:55] Marisa also does mobile home park sculptures! [17:10] What do people think of Marisa’s work? [22:10] How much does Marisa’s artwork sell for? [23:05] Marisa explains how her style has evolved over the years. [27:15] Marisa shares some funny stories about dealing with mobile home park owners and tenants.   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Marisamurrow.com Wayne Thiebaud

Welcome to Episode 112 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today’s guest brings an interesting perspective and talent to the industry. Marisa Murrow is a visual artist and painter, and her subject matter? Mobile homes! Marisa explains on today’s show why mobile homes make her feel peaceful and free on today’s episode!   Key Takeaways: [2:25] What did Marisa do before she became a visual artist? [5:30] What kind of paint styles does she use? [6:30] How did Marisa get started in painting mobile home parks? [8:15] Marisa has been making mobile home park paintings for the last 15 years. [9:05] How many mobile homes has Marisa painted over the years? [11:35] What is Marisa process and how does she get started on painting a mobile home? [13:55] Marisa also does mobile home park sculptures! [17:10] What do people think of Marisa’s work? [22:10] How much does Marisa’s artwork sell for? [23:05] Marisa explains how her style has evolved over the years. [27:15] Marisa shares some funny stories about dealing with mobile home park owners and tenants.   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Marisamurrow.com Wayne Thiebaud

Welcome to Episode 111 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In this last and final installment, Jefferson wraps up his book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read Sam’s book for his real estate and mobile home knowledge and shares what he has learned in this 3-part series. Key Takeaways: [1:05] Sam noticed that young people were delaying marriage in the early 2000’s and staying in ‘24-hour cities.’ So, he redistributed his capital. [4:15] In 2006, Sam bought the Chicago Tribune newspaper and gave his staff skin in the game. [6:20] Sam believes in globalization and has increased his international investments over the years. [7:20] However, Sam is not a fan of Europe due to too many pensioners, which he predicts would mean for higher taxes. [10:40] How was Sam able to grow his business to the next level? [11:40] Sam doesn’t want to be treated like a boss and he makes sure he is not surrounded by ‘yes men.’ [12:05] What is Sam’s hiring process? [14:10] Can entrepreneurship be taught? Sam believes that people have an entrepreneurial gene and that it’s stronger in some than others. [15:10] You cannot be successful without giving to others. [16:55] Jefferson lists nine of Sam’s philosophy principles for success. [25:45] Jefferson recommends the book! If you happen to know Sam, Jefferson would love to interview him.   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Samzellbook.com

Welcome to Episode 111 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In this last and final installment, Jefferson wraps up his book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read Sam’s book for his real estate and mobile home knowledge and shares what he has learned in this 3-part series.   Key Takeaways: [1:05] Sam noticed that young people were delaying marriage in the early 2000’s and staying in ‘24-hour cities.’ So, he redistributed his capital. [4:15] In 2006, Sam bought the Chicago Tribune newspaper and gave his staff skin in the game. [6:20] Sam believes in globalization and has increased his international investments over the years. [7:20] However, Sam is not a fan of Europe due to too many pensioners, which he predicts would mean for higher taxes. [10:40] How was Sam able to grow his business to the next level? [11:40] Sam doesn’t want to be treated like a boss and he makes sure he is not surrounded by ‘yes men.’ [12:05] What is Sam’s hiring process? [14:10] Can entrepreneurship be taught? Sam believes that people have an entrepreneurial gene and that it’s stronger in some than others. [15:10] You cannot be successful without giving to others. [16:55] Jefferson lists nine of Sam’s philosophy principles for success. [25:45] Jefferson recommends the book! If you happen to know Sam, Jefferson would love to interview him.   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Samzellbook.com

Welcome to Episode 110 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In part 2, Jefferson continues his book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read Sam’s book for his real estate and mobile home knowledge and shares what he has learned in this 3-part series.   Key Takeaways: [1:40] Sam recognized there was an unfilled demand in secondary and tertiary markets. [2:45] At 24 years old, Sam had already made a million dollars in today’s money. [3:30] Sam applied to 43 law firms and got rejected at all of them. He had no idea why! [6:15] Just off of referrals alone, Sam was making 3x what junior partners were making at a small law firm. [7:40] Sam met billionaire real estate mogul, Jay Pritzker and Jay would later become his mentor. [11:05] For the first 10 years of business, Sam had a relatively small team and he split profits with everyone, including the secretary. [14:10] Sam predicted there would be a real estate crash due to how easy it was to lend money in commercial real estate. [23:15] In the late 80’s, Sam warned that there were structural changes happening in the real estate market and predicted another crash. [26:45] How did Sam discover mobile home parks? [30:15] In 2005, Sam and his company began to diversity in RV parks. [31:45] Stay tuned for part 3!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Samzellbook.com  

Welcome to Episode 110 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In part 2, Jefferson continues his book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read Sam’s book for his real estate and mobile home knowledge and shares what he has learned in this 3-part series.   Key Takeaways: [1:40] Sam recognized there was an unfilled demand in secondary and tertiary markets. [2:45] At 24 years old, Sam had already made a million dollars in today’s money. [3:30] Sam applied to 43 law firms and got rejected at all of them. He had no idea why! [6:15] Just off of referrals alone, Sam was making 3x what junior partners were making at a small law firm. [7:40] Sam met billionaire real estate mogul, Jay Pritzker and Jay would later become his mentor. [11:05] For the first 10 years of business, Sam had a relatively small team and he split profits with everyone, including the secretary. [14:10] Sam predicted there would be a real estate crash due to how easy it was to lend money in commercial real estate. [23:15] In the late 80’s, Sam warned that there were structural changes happening in the real estate market and predicted another crash. [26:45] How did Sam discover mobile home parks? [30:15] In 2005, Sam and his company began to diversity in RV parks. [31:45] Stay tuned for part 3!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Samzellbook.com

Welcome to Episode 108 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In a first ever for this podcast, Jefferson does a book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read his book for Sam’s real estate and mobile home knowledge and shares what he has learned in a 3-part series.   Key Takeaways: [2:40] Jefferson shares why he decided to read Sam’s book. [5:20] Sam basically invented business casual back in the 1970s and wore jeans to work. [6:00] Jefferson explains the types of investments Sam has made over the years. [8:25] Sam has lived through several real estate crises. [11:20] A bit of background about Sam and his family. [15:00] Sam has issues with being called ‘self-made’ [17:25] How did Sam get in real estate? [21:50] Sam became a homeowner for the first time in 1965 at 24 years of age. [26:25] Jefferson shares Sam’s thoughts on persistence. [29:45] Ask the right questions to get the deal done. [31:50] Find out more next week!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Email: andrew@keelteam.com Samzellbook.com

Welcome to Episode 109 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In a first ever for this podcast, Jefferson does a book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read his book for Sam’s real estate and mobile home knowledge and shares what he has learned in a 3-part series.   Key Takeaways: [2:40] Jefferson shares why he decided to read Sam’s book. [5:20] Sam basically invented business casual back in the 1970s and wore jeans to work. [6:00] Jefferson explains the types of investments Sam has made over the years. [8:25] Sam has lived through several real estate crises. [11:20] A bit of background about Sam and his family. [15:00] Sam has issues with being called ‘self-made’ [17:25] How did Sam get in real estate? [21:50] Sam became a homeowner for the first time in 1965 at 24 years of age. [26:25] Jefferson shares Sam’s thoughts on persistence. [29:45] Ask the right questions to get the deal done. [31:50] Find out more next week!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Email: andrew@keelteam.com Samzellbook.com

Welcome to Episode 108 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson invites Andrew Keel to share his story as a new park owner. Andrew discusses how he found his first mobile home, the resources he uses to find new tenants and the nitty-gritty details that go into owning and managing a park!   Key Takeaways: [2:05] What did Andrew do prior to mobile home parks? [5:45] Andrew explains how he found his first mobile home park. [6:55] What kind of relationship did Andrew have with the park owner? [10:35] What kind of diligence did Andrew do for the park before purchasing it? [13:30] Andrew shares the business plan he had for the park. [15:50] How did Andrew find the service providers he needed to take care of the park from a different part of the state? [18:25] Why did Andrew decide to keep the previous property manager? [20:00] Andrew shares why he uses Venmo and how it works with his bank accounts. [23:15] How does Andrew market his properties? [26:30] How many people are on Andrew’s team? [28:30] Andrew shares lessons learned and mistakes he’s made. [30:30] What are Andrew’s plans for the future? [31:10] What advice does Andrew have for newbies?   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Keelteam.com Email: andrew@keelteam.com Venmo.com

Welcome to Episode 108 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson invites Andrew Keel to share his story as a new park owner. Andrew discusses how he found his first mobile home, the resources he uses to find new tenants and the nitty-gritty details that go into owning and managing a park!   Key Takeaways: [2:05] What did Andrew do prior to mobile home parks? [5:45] Andrew explains how he found his first mobile home park. [6:55] What kind of relationship did Andrew have with the park owner? [10:35] What kind of diligence did Andrew do for the park before purchasing it? [13:30] Andrew shares the business plan he had for the park. [15:50] How did Andrew find the service providers he needed to take care of the park from a different part of the state? [18:25] Why did Andrew decide to keep the previous property manager? [20:00] Andrew shares why he uses Venmo and how it works with his bank accounts. [23:15] How does Andrew market his properties? [26:30] How many people are on Andrew’s team? [28:30] Andrew shares lessons learned and mistakes he’s made. [30:30] What are Andrew’s plans for the future? [31:10] What advice does Andrew have for newbies?   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Keelteam.com Email: andrew@keelteam.com Venmo.com

Jefferson is a self-made millionaire, mobile home park investment expert, educator, and industry consultant. Park Street Partners owns 25 MHPs coast-to-coast totaling over $50MM in value. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital acquiring and operating mobile home parks. Before becoming an investor full-time, Jefferson spent nine years in sales leadership roles with several venture-backed startups in Silicon Valley. Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the ‘Real Money' television show. He holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business. In this fun and off-the-cuff conversation, Shecky gets all of the great info out of Jefferson. You'll learn... - How you could make MORE with MHP Investing Than Any Other Strategy - Why There Is So LIttle Competition In This Space - Where To Find Deals - Why This Typically Unsexy Niche Is So Lucrative Visit http://parkstreetpartners.com/ and http://mobilehomeparkinvestors.com/ to learn more about Jefferson's diverse investments.

One of the criteria when we are wholesaling houses is we don't really buy mobile homes. Our guest, Jefferson Lilly is taking advantage of the concept and is now buying mobile home parks. He is absolutely killing it! He went from working in a corporate job to investing in real estate. Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show. Prior to co-founding Park Street Partners in 2013, he spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest. Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign. If you are interested in investing in mobile home parks, this is one episode you shouldn't miss!

One of the criteria when we are wholesaling houses is we don't really buy mobile homes. Our guest, Jefferson Lilly is taking advantage of the concept and is now buying mobile home parks. He is absolutely killing it! He went from working in a corporate job to investing in real estate. Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show. Prior to co-founding Park Street Partners in 2013, he spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest. Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign. If you are interested in investing in mobile home parks, this is one episode you shouldn’t miss!

Jefferson Lilly is a mobile home park investment expert who co-founded Park Street Partners which owns 17 Mobile Home Parks coast-to-coast. He is the host of the Mobile Home Park Investors podcast with over 10,000+ D/L per month. He spent seven years investing his own capital acquiring and operating mobile home parks. He is definitely the go-to-person when it comes to mobile home park investing. During the episode, Jefferson educates us on what a mobile home park is and what investment opportunities surround it. He corrects the misconception of most people when it comes to mobile home owners. He presents the ups and downs of owning and operating mobile homes. He explains the Who, What, and How in the world of mobile homes. This is a very unique investment platform that will surely get you hooked!   Where we are: Johnny - Ukraine Sam - Barcelona   Links: Mobilehomeparkinvestors.com Parkstreetpartners.com   Time Stamps: 12:14 – How he got into Mobile Home Park Investing 15:49 – What got him into value investing 17:39 – What is a Mobile Home? 20:52 – Problems in building a Mobile Home Park 23:07 – Mobile Home Parks vs. Other types of Real Estate 25:43 – Who are Mobile Home Parks for? 28:53 – Moving of Mobile Homes 30:03 – Timespan of tenants 32:21 – How long has he been in this business? 36:31 – His journey in this business 39:20 – Average size of a Mobile Home Park 43:18 – What is a Cap Rate? 48:47 – Investment Opportunities 50:52 – Returns   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.  

Welcome to Episode 106 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Patrick McKenna joins Jefferson on today’s show to share his journey into mobile home park ownership. He shares mistakes and lessons learned from buying his second park, the quality of RV tenants, and his plans to acquire a third park! Key Takeaways: [1:15] Patrick originally had some issues with brokers behaving unprofessionally. How did he handle that? [3:15] How did Patrick find his second park? [6:50] What was occupancy like when Patrick bought the second park? [12:15] Since all the pipes need to be replaced in this second park, how did Patrick find a reliable and good contractor? [14:35] How has Patrick been able to finance this infrastructure upgrade? [18:05] How do Patrick and his business manage these two parks from out-of-state while also working a day job? [19:45] Does Patrick have any plans to buy a third park?   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Call Patrick: 978-204-4242 Email Patrick: PatrickMcKenna@gmail.com

Welcome to Episode 106 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Patrick McKenna joins Jefferson on today’s show to share his journey into mobile home park ownership. He discusses how he did his due diligence on his first park and why he and his business partner are a great business match. This is a two-part episode, so be sure to check back next week to find out more about Patrick’s second mobile home park!   Key Takeaways: [2:30] What did Patrick do before he became a mobile home park owner? [6:15] Since Patrick has a business partner helping him manage the mobile home park, how did Patrick structure that partnership? [9:50] How did Patrick find his first mobile home park? [13:15] What kind of due diligence process did Patrick undergo? [17:50] How did Patrick and his business partner market their park? [19:30] Why did Patrick decide to keep the current park manager? And how does he compensate him? [22:40] What was the lot rent when Patrick purchased the park and what is it now? [26:20] Patrick’s first park is on a lagoon! How was he comfortable buying that? [29:35] Please join us next week for part two of this interview!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com

Welcome to Episode 105 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Brad Huffines is the Chief Meteorologist and VP of Risk Communication for Weathercall Services. Brad discusses the benefits of using Weathercall's product, HazardCall, and how it can inform hundreds of tenants if they're in danger within a couple of seconds.   Key Takeaways: [2:50] What did Brad did prior to joining HazardCall? [5:10] What is HazardCall about and why was it Founded? [8:00] Did you know there hasn't been a mobile home manufactured in this country since 1976? [11:25] Brad believes there are no HOA organizations as big or as successful as MHI. [12:00] You can lower someone's risk from a level 7 to a level 5 just by equipping them with good information. [12:40] What types of hazards will HazardCall alert tenants with? [17:25] What other benefits can HazardCall offer tenants and park owners? [24:40] What's the best way for a park owner to incorporate a product like this into their park? [30:55] How many alerts has HazardCall sent out to this day? [34:00] By telling people in one simple text to 'drip your pipes', for example, you've already saved yourself huge insurance deductibles when it gets cold at night.   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Hazardcallcommunity.com Weathercallservices.com Brad on LinkedIn Email: Bradh@Hazardcall.com Call Brad: 256-682-9217  

Welcome to Episode 104 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson with the Park Street Partners. Kurt Kelly joins us once again to cover all of your insurance questions. He dives into what mobile homeowners need to know about insurance, how to properly cover and insure your staff, and what to do when you have damages.   Key Takeaways: [3:00] What do listeners need to know about insuring their rental home? [8:55] Unfortunately, there is no perfect decision when it comes to homeowner insurance options. [9:20] Do park owners have to pay more money for insurance on older homes than new homes? [12:45] Does a park owner’s claim history have an impact on their insurance rates? [18:45] What do park owners need to know about workers comp insurance? [23:55] Is it possible to get workers comp on an independent contractor? [26:25] How do you make sure you’re not discriminating against your tenants? [33:15] In the state of Oklahoma, you do not want to lie about your dog being an emotional support animal. They are taking serious measures to stop people from faking it. [38:25] Have more insurance-related questions? Feel free to reach out to Kurt!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Episode 33 with Kurt Kelly Mobileagency.com Email: Kurt@mobileagency.com Call: 800-458-4320.

Welcome to Episode 104 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson with the Park Street Partners. Kurt Kelly joins us once again to cover all of your insurance questions. He dives into what mobile homeowners need to know about insurance, how to properly cover and insure your staff, and what to do when you have damages.   Key Takeaways: [3:00] What do listeners need to know about insuring their rental home? [8:55] Unfortunately, there is no perfect decision when it comes to homeowner insurance options. [9:20] Do park owners have to pay more money for insurance on older homes than new homes? [12:45] Does a park owner’s claim history have an impact on their insurance rates? [18:45] What do park owners need to know about workers comp insurance? [23:55] Is it possible to get workers comp on an independent contractor? [26:25] How do you make sure you’re not discriminating against your tenants? [33:15] In the state of Oklahoma, you do not want to lie about your dog being an emotional support animal. They are taking serious measures to stop people from faking it. [38:25] Have more insurance-related questions? Feel free to reach out to Kurt!   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Episode 33 with Kurt Kelly Mobileagency.com Email: Kurt@mobileagency.com Call: 800-458-4320.

Jefferson Lilly is a self-made millionaire, mobile home park investment expert, educator, and industry consultant. Park Street Partners owns 17 mobile home parks coast-to-coast totaling over $32mm in value. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital acquiring and operating mobile home parks. Before becoming an investor full-time, Jefferson spent nine years in sales leadership roles with several venture-backed startups in Silicon Valley. Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the ‘Real Money' television show. He holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business. Jefferson started and hosts the Mobile Home Park Investors Podcast with over 10,000+  D/L per month. He also founded the Mobile Home Park Investors group on LinkedIn - the worlds largest professional networking group focused on MHPs (3,500+ members)   During this show we dive into… Why the mobile home park niche is better than any other type of real estate investment How fast mobile home parks are diminishing now About how many parks there re in existence around the country Why a lack of affordable housing makes mobile home parks so appealing Why now is such a great time to be a mobile home park investor Whether people usually start with buying single units or actual parks The most effective ways to find parks for sale How to know if the park is worth what it is being sold for The biggest mistakes people make when investing in mobile home parks How to effectively manage parks all around the country The best ways to get financing for investing in mobile homes The types of loans do Fannie Mae and Freddie Mac provide How to use self-directed IRAs being for real estate investing How to use podcasting to raise money for real estate investing How you can retire in 10 years by getting started today buying mobile home park How Park Street Partners helps people get into this space

Today's guest on the Investor Empowerment Series Radio show is Jefferson Lilly of Park Street Partners.  Jefferson and his business partner Brad have built a massive Mobile Home Park business totally 1540 pads in 19 different parks throughout the United States. Jefferson is a self-made millionaire, mobile home park investment expert, educator and industry consultant. Prior to Co-founding Park Street Partners in 2013, Jefferson spent 7 years investing his own capital, building his "unofficial" advisory board, owning and managing his own mobile home parks. On today's show we discuss how to retire in 10 years by getting starting with mobile home parks, sourcing new park deals, and managing parks for maximum efficiency utilizing technology to simplify the business processes. Thanks again for tuning in to another great episode!!

Take your business to the next level with Jefferson Lilly Looking for the perfect business opportunity? Be prepared to do your homework to make sure it is indeed the right fit. Jefferson Lilly easily spent hundreds of hours researching his investment in mobile home parks. It's a real estate market that's not often talked about, not when you consider single family homes, apartment buildings, and commercial complexes are also part of the conversation. But Jefferson decided to take the leap, with some incredible results. You'll hear how he started investing while he had a successful day job, and how he really scaled up after finding a business partner. Park Street Partners now owns 13 mobile home parks in the Midwest. If you're trying to figure out how to grow your company bigger and better, and what you need to have in place for a business partnership to succeed, take a listen to our conversation. What you'll learn in this episode: *Why investing in a little-known real estate market had its appeal *Why real estate in general became a passion *The kind of research Jefferson carried out to make sure he was on the right path *How to scale a business that focuses on buying mobile home parks *How to find a partner to help grow your company *The partnership vetting process *What safeguards should be in place in a business partnership Links mentioned in this episode: Real estate investment resources - Loopnet Crowdfunding resources - RealtyMogul and Crowdstreet Parkstreetpartners.net Mobile Home Park Investors with Jefferson Lilly & Brad Johnson podcast Did you enjoy the show? Please subscribe to the STANDOUT with Cheryl Tan podcast on iTunes here.

Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show.  Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest.  Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign.  Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company. Key Takeaways: [2:30] The history of Jefferson's investing and value investing with mobile home parks [4:38] Whether the mobile home park scene is too crowded or if there's still room [7:07] How to find a broker for mobile home parks [11:22] If Jefferson prefers park or tenant owned homes [14:02] The interest rates being charged to tenants when they're buying homes [18:20] Why mobile home parks aren't being built anymore [19:25] The biggest mistake Jefferson made in the mobile home park real etate market [22:20] How Jefferson went about turning a mobile home park into a better investment after purchase Websites Mentioned: www.parkstreetpartners.net www.tulsaestatesmhp.com

Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show.  Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest.  Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign.  Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company. Key Takeaways: [2:30] The history of Jefferson's investing and value investing with mobile home parks [4:38] Whether the mobile home park scene is too crowded or if there's still room [7:07] How to find a broker for mobile home parks [11:22] If Jefferson prefers park or tenant owned homes [14:02] The interest rates being charged to tenants when they're buying homes [18:20] Why mobile home parks aren't being built anymore [19:25] The biggest mistake Jefferson made in the mobile home park real etate market [22:20] How Jefferson went about turning a mobile home park into a better investment after purchase Websites Mentioned: www.parkstreetpartners.net www.tulsaestatesmhp.com

Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show.  Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest.  Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign. Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company. Jefferson holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business.   During this show we dive into…   Why it's a brilliant idea to invest in mobile home parks How you can earn 20% returns with mobile home park investing Some of the little-known about advantages of investing including low maintenance cost How to get involved with owning a mobile home park with as little as $1,000 2 of the biggest mistakes to avoid when investing How you can get paid just by finding parks for sale How to spend $2,000 and get 100% of your money back within the first year when investing Why no more mobile home parks can be built, and how this benefits you as demand continues to rise And much more...

Sam McElroy, Co-Founder and Managing Member of financial spoken has a doctorate in psychology and a work background as a management consultant at a full service investment firm. His consulting revealed that in their marketing role the firm's managers were biased in promoting the products and services under their direct control. Sam's firm uses a holistic approach focused on the clients' wants and needs. 2. Park Street Partners was co-founded by Jefferson Lilly a self-made millionaire. For retirees dealing with today's low yields and high volatility, mobile home parks are an undiscovered real estate niche that offers easy entry, and relatively high and stable returns. Lilly is a mobile home park expert and industry consultant featured in The NewYorkTimes, Bloomberg Magazine,and on TV's Real Money.