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Updated over 6 years ago on . Most recent reply
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Getting an education on Mobile home park investing
Hello
Ive flipped houses for a few years and have saved up $250+k and am looking into taking my business more in the direction of the passive income strategy. I believe I've settled on MHP as where I'd like to be. Does any one have any advise on boot camp style training seminars to help me understand how to acquire, Improve, and hold these types of Investments
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@Jarrod Gregory Definitely attend the MHU Bootcamp. There are 5-6 held throught the year. I believe the next one is planned for mid Nov in Austin, TX.
Here are a few resources that I found valuable when I was learning about the details of investing in mobile home parks:
Books:
- Mobile Home Park 10/20 Investment System by Dave Reynolds, Frank Rolfe
- Mobile Home Wealth Part 2: How to Become Even Wealthier investing in Mobile Home Parks by Zalman Velvet, Stuart Silver
- The New Investor's Guide to Owning A Mobile Home Parkby Laura Cochran, Erin Cochran
- The 21 Biggest Mistakes Investors Make When Purchasing Their First Park and How To Avoid Them by Charles DeHart and Kevin Bupp (available for free from www.mobilehomeparkacademy.com)
Podcasts:
- The Mobile Home Park Investing Podcast with Kevin Bupp and Charles DeHart
- Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
- Mobile Home Park Mastery with Frank Rolfe
Websites/Blogs:
- Park Street Partners - http://parkstreetpartners.com - This is the investment firm run by Jefferson Lilly and Brad Johnson. They focus on mobile home parks and have solid educational content on their website.
- Mobile Home Park Investors - http://mobilehomeparkinvestors.com - This is the LinkedIn group led by Jefferson Lilly. It's the largest group on LinkedIn that is exclusively focused on mobile home park investing.
- Mobile Home Park Academy - https://mobilehomeparkacademy.com - This is the educational site that's run by Kevin Bupp and Charles DeHart. They also run an investment firm, Sunrise Capital Investors, that is focused on investing in mobile home parks.
- BP Member Blog - Mobile Home Park Academy- https://www.biggerpockets.com/blogs/9911-mobile-ho... - This is the BP blog maintained by Charles DeHart from the Mobile Home Academy. In various posts, he walks through the basics of finding and analyzing mobile home parks. In recent posts, he walks through case studies and outlines how to analyze and underwrite opportunities.
- Mobile Home University - http://www.mobilehomeuniversity.com - This is the site maintained by Dave Reynolds and Frank Rolfe. I recommend subscribing to their newsletter.