New Mobile Home Park and Multi Family Investor Grand Rapids, MI

[Andy Albrecht]

Hello BP,

My name is Andy Albrecht and I'm 38 years old from Rockford, MI which is just North of Grand Rapids, MI and I am married with two boys, ages 4 and 2. I work full time in the Commercial Insurance/Risk Management/Financial Services industry and have been very successful in these industries. I am new to Real Estate Investing but not investing in General. I have been extensively researching Mobile Home Park and Multi Family investing and my goals are to buy and hold for passive income and wealth. I realize though there could be opportunities for 1031 exchanges down the road and I am open to this opportunity if it presents itself. In the next 6 months to a year I would like to purchase my first mobile home park as well as my first one to two multi family units. My goals are to supplement my full time job with $250,000/year in passive income and then revisit my goals once I accomplish this. I have a potential private investor for the Mobile Home Park but obviously I have to find the right opportunity and if I can go the seller financing route for my first go-around, that would be great until I can establish myself as a Real Estate Investor and earn the trust of banks. I also am in the process of developing a list for my direct mail campaign and cold call campaign, as I have had a lot of luck with these two marketing tools with my current job and really believe I can find some gems by utilizing these tools. I look forward to connecting with like-minded investors that can guide me down this exciting journey!!