003 Park Manager Due Diligence with John and Bill

003 Park Manager Due Diligence with John and Bill

Author: John Fedro March 26, 2024 Duration: 16:49

Today on the Mobile Home Investing Lessons Podcast we are excited to welcome back a very active mobile home investor to share his insights on a very important topic: Park management due diligence.

Bill Neves is an active Mobile Home Formula investor that loves building incredible returns with mobile homes and helping the local community. Bill has completed over 20 mobile home deals in the past 2 years alone and discusses so recent mobile home park manager stories in this week’s podcast episode. If you’re someone asking yourself, “How am I going to work with local mobile home park managers?” Then this show is for you.

Over 17 minutes Bill and I discuss some of the juicy details of his last few deals. Let’s get started…

In this show we cover:
  • Bill opens up about working and co-existing with local mobile home park managers.
  • 3 types of mobile home park managers you’ll see
  • How Bill made a quick $6,500 cash profit?
  • Selling mobile homes for cash versus payments.
  • Why newer folks should stay away from mobile homes with moderate to major repairs needed?
  • Understanding who your buyers are and why.
  • Following the path of least resistance.
  • Making your invested capital back in a few months or less.
  • and much more!

John Fedro hosts the Mobile Home Investing Podcast, a resource built from real experience in the manufactured housing market. This isn't about abstract theory; it's a practical dialogue drawn directly from the trenches of a unique investment niche. Each episode focuses on a specific aspect of buying, selling, or managing mobile homes, breaking down strategies, pitfalls, and opportunities in straightforward language. You'll hear from John and his guests-practitioners who are actively building portfolios-as they share what actually works, and what doesn't, in their own businesses. The conversations are designed to be accessible, whether you're just curious about alternative real estate or you're looking to scale an existing operation. By tuning in, you gain access to a community-focused perspective on building wealth and personal freedom through this often-overlooked asset class. This podcast serves as a steady guide, emphasizing actionable education and the mindset shifts needed to succeed in entrepreneurial investing. It’s where the specifics of mobile home parks, resident-owned communities, and single-section home deals get the detailed, candid discussion they deserve.
Author: Language: en-us Episodes: 61

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