The MHP Show

From Setbacks to Success: Jordan's Journey in Real Estate Investing | Episode 74 | Jordan Savitsky

In this episode of The MHP Show Podcast, hosted by Derek Vickers, they explore the world of mobile home park investing with a special guest, Jordan Savitsky from 50 West Capital. Jordan shares his entrepreneurial journey, revealing how he discovered the immense potential of mobile home park investments and why this asset class has become a key focus in his portfolio.Key Takeaways:
Jordan Savitsky’s Entrepreneurial Journey
Strategies for Adding Value to Mobile Home Parks
The Importance of Patient and Thorough Due Diligence
Avoiding Costly Tenant Pitfalls
Why Long-Term Thinking Pays Of
Golden Opportunities in Neglected Parks
The Future of Mobile Home Park Investments
For more tips and ideas, stay updated on future episodes!
Unlock free resources to boost your mobile home park investing success!🆓 Access my Free Webinar: https://derekvickers.com/home-page826333🆓 Get Your Free Deal Calculator: Use code MHPSHOW at checkout https://derekvickers.com/deal-calculator🔗 Follow Derek on Social Media: @derekvickers885🔗 Join our Facebook Group: Mobile Home Park Investing Pros
Have questions about MHP? Email me at derek@vicktorycapital.com
 

Why CapEx Is Critical for Mobile Home Park Investments | Episode 73

Welcome back to The MHP Show! In this episode, host Derek Vickers talks about the role of CapEx (capital expenditures) in the mobile home park investment game. CapEx is more than just a budget line; it’s the backbone of adding value and reducing expenses in your investment. Derek explains the difference between CapEx and regular maintenance, shares real-life examples of the impact of strategic improvements, and discusses why planning for CapEx can make or break your deal.If you're a passive investor or active operator, tune in to learn how Victory Capital approaches CapEx to maximize value, reduce operational headaches, and ultimately increase net operating income (NOI). Plus, get tips on evaluating an operator’s CapEx budget before jumping into a deal.Episode Highlights:
Overview of CapEx in Mobile Home Park Investing
The difference between CapEx projects and regular maintenance
Why CapEx planning is essential for long-term success
Real-world examples of CapEx improvements, like paving roads and upgrading infrastructure
How CapEx raises property value and affects appraisals
The importance of selecting experienced operators with solid CapEx budgets
How CapEx projects improve tenant satisfaction and create community pride
For more tips and ideas, stay updated on future episodes!
Unlock free resources to boost your mobile home park investing success!🆓 Access my Free Webinar: https://derekvickers.com/home-page826333🆓 Get Your Free Deal Calculator: Use code MHPSHOW at checkout https://derekvickers.com/dealcalculator🔗 Follow Derek on Social Media: @derekvickers885🔗 Join our Facebook Group: Mobile Home Park Investing Pros
Mentorship Program: Reach out on social media if you're interested in the last spot for our mentorship program.Have questions about MHP? Email me at derek@vicktorycapital.com
 

Triumphs and Trials in MHP Investing | Episode 72 | John Fisher of Mr.Landman, LLC

In this episode of The MHP Show, hosts Derek Vickers and John Fisher talked about the nitty-gritty of mobile home park (MHP) investing, sharing hard-earned lessons and strategies that can take your game to the next level. From the art of negotiation to the ins and outs of appraisals, John brings a wealth of experience to the table. He discusses the importance of building rapport with sellers and how to differentiate yourself in a competitive landscape.
Derek and John tackle common misconceptions about MHP investing and highlight the unique challenges that come with this niche market. You’ll hear about John’s experiences, what keeps him motivated, and how his vision for MHP investing has evolved over the years.
Tune in for:● Proven negotiation tactics that work in the real world.● How to prepare for the unpredictable nature of MHP appraisals.● The significance of a strong personal brand when approaching sellers.● Insights into the hidden potential of less-competitive markets.● John’s key takeaways from his journey and what fuels his passion for MHPs.
For more tips and ideas, stay updated on future episodes!
Unlock free resources to boost your mobile home park investing success!🆓 Access my Free Webinar: https://derekvickers.com/home-page826333🆓 Get Your Free Deal Calculator: Use code MHPSHOW at checkout https://derekvickers.com/dealcalculator🔗 Follow Derek on Social Media: @derekvickers885🔗 Join our Facebook Group: Mobile Home Park Investing Pros
Have questions about MHP? Email me at derek@vicktorycapital.com

Interest Rates & Current Economics | Episode 71 | Jordan

In this episode of the MHP show podcast, host Derek Vickers dives into the mobile home park industry, covering operations, raising capital, and the current market environment. He introduces special guest Lee Meekcoms from Park Bridge Capital Group, who shares his extensive experience in the mobile home park business. 
Key Takeaways:
Lee's Journey into Mobile Home Parks
The Evolution of Mobile Home Parks
Current Market Trends and Challenges
Investment Strategies and Advice
The Future of Mobile Home Parks
 
For more tips and ideas, stay updated on future episodes!
Unlock free resources to boost your mobile home park investing success!🆓 Access my Free Webinar: https://derekvickers.com/home-page826333🆓 Get Your Free Deal Calculator: Use code MHPSHOW at checkout https://derekvickers.com/deal-calculator🔗 Follow Derek on Social Media: @derekvickers885🔗 Join our Facebook Group: Mobile Home Park Investing Pros
Have questions about MHP? Email me at derek@vicktorycapital.com

Identifying Value-Add Opportunities | Episode 70

In this episode of The MHP Show, host Derek Vickers, founder of Vicktory Capital, explores how to spot value-add opportunities in mobile home parks. He covers key strategies like targeting inefficient 'mom and pop' operators, billing back utilities, converting park-owned homes, and filling vacant lots. Derek also shares real-world examples and stresses the importance of a clear business plan for boosting park profitability.Key Takeaways:
Why Mobile Home Parks?
Identifying Value Add Opportunities
Utility Billing Strategies
Rent and Home Conversions
Filling Vacant Lots
Improving Infrastructure
For more tips and ideas, stay updated on future episodes!
Unlock free resources to boost your mobile home park investing success!🆓 Access my Free Webinar: https://derekvickers.com/home-page826333🆓 Get Your Free Deal Calculator: Use code MHPSHOW at checkout https://derekvickers.com/deal-calculator🔗 Follow Derek on Social Media: @derekvickers885🔗 Join our Facebook Group: Mobile Home Park Investing Pros
Have questions about MHP? Email me at derek@derekvickers.com
 

The Key Metrics to Evaluate Before Buying a Mobile Home Park in 2024 | Episode 69

In this episode of The MHP Show, Derek Vickers breaks down the essential factors to evaluate before buying a mobile home park. Learn the key financial metrics like cap rates, NOI, and ROI, and how to choose the right market.
Derek also shares real-world lessons from his recent acquisitions, and offers updates on how current market trends—such as rising interest rates and inflation—are impacting mobile home park investments.
Key Takeaways:
How to select the best market for your mobile home park
Critical financial metrics every investor should understand
Real-life deal stories and how to navigate today’s market conditions
 
For more tips and ideas, stay updated on future episodes!
Unlock free resources to boost your mobile home park investing success!
🆓 Access my Free Webinar: https://derekvickers.com/home-page826333
🆓 Get Your Free Deal Calculator: Use code MHPSHOW at checkout https://derekvickers.com/deal-calculator
🔗 Follow Derek on Social Media: @derekvickers885
🔗 Join our Facebook Group: Mobile Home Park Investing Pros
Have questions about MHP? Email me at derek@derekvickers.com
 

Inside the Mobile Home Park Industry: My Journey, Challenges, and Strategies | Episode 68 | MHP Nation

In this episode, I had the pleasure of joining Dustin Kircher and Ben Dreicer from MHP Nation to discuss my journey as an entrepreneur in the mobile home park industry. We touched on everything from my background and business strategy to our company’s performance and future plans. I also shared insights on overcoming challenges in the business, such as insurance, investor relations, and the unpredictable nature of real estate deals. We also emphasized the importance of teamwork, transparency, and the role of social media in our operations. This episode is a must-listen for anyone interested in real estate investing or the mobile home park space.Key Takeaways:
My background and entrepreneurial journey in the mobile home park industry.
Business strategy, company performance, and future growth plans.
The importance of teamwork and transparency in building a successful business.
How social media plays a key role in our business operations.
Navigating industry challenges, including insurance and investor relations.
Managing the unpredictable nature of real estate transactions.
For more tips and ideas, stay updated on future episodes!
Unlock free resources to boost your mobile home park investing success!🆓 Access my Free Webinar: https://derekvickers.com/home-page826333🆓 Get Your Free Deal Calculator: Use code MHPSHOW at checkout https://derekvickers.com/deal-calculator🔗 Follow Derek on Social Media: @derekvickers885🔗 Join our Facebook Group: Mobile Home Park Investing Pros
Have questions about MHP? Email me at derek@derekvickers.com

The MHP Show Syndications, Stocks, Inflation, and Mobile Home Parks | Episode 67

In this episode, we dive deep into the world of Mobile Home Park (MHP) investing. We explore the impacts of inflation on the market, strategies for syndications, and how stocks play a role in your investment portfolio. Whether you're new to MHP investing or looking to refine your strategy, this episode has valuable insights for you.
Key Takeaways:
Understanding the current market trends.
Syndication strategies and how to maximize returns.
The role of stocks and inflation in real estate investments.

Toughest challenges and best opportunities in the MHP investing world | Episode 66 | Brett Swarts

Welcome to another episode of the MHP Show. Today, Derek Vickers and guest Brett Swarts dive into some of the toughest challenges and best opportunities in the mobile home park investing world. They’ll cover how to build a rock-solid pipeline of deals, make the most of your resources, and navigate the complexities of contracts and financing. Plus, they’ll touch on crucial aspects like due diligence, negotiation tactics, and managing capital reserves to keep your investments safe.
Brett Swarts is the founder of Capital Gains Tax Solutions and a Deferred Sales Trust expert, Brett brings incredible insights to the table. Check out his FREE EBOOK and explore more at Capital Gains Tax Solutions. 
This episode is loaded with practical tips and strategies to help you sharpen your approach and hit your investment goals. Get ready to unlock new insights and take your mobile home park investing game to the next level!
For more tips and ideas, stay updated on future episodes!
Unlock free resources to boost your mobile home park investing success!🆓 Access my Free Webinar: https://derekvickers.com/home-page826333🆓 Get Your Free Deal Calculator: Use code MHPSHOW at checkout https://derekvickers.com/deal-calculator🔗 Follow Derek on Social Media: @derekvickers885🔗 Join our Facebook Group: Mobile Home Park Investing Pros
Have questions about MHP? Email me at derek@derekvickers.com

Navigating the Mobile Home Park Industry with Glenn Yaney

In this episode of the MHP Show, host Derek Vickers welcomes Glenn Yaney from Vertical Equity Partners. They dive into the intricacies of the mobile home park business, sharing personal stories and experiences. Glenn recounts his journey from working at Red Lobster to becoming a successful real estate investor, highlighting the challenges and lessons learned along the way. They discuss the importance of operational efficiency, the realities of dealing with park-owned homes, and strategies for finding reliable contractors in new markets. Tune in for an insightful conversation filled with practical advice and industry wisdom.
 
Important Links and Mentions:The Millionaire Journey Podcast - Glenn Yaneyhttps://podcasts.apple.com/us/podcast/the-millionaire-journey-podcast/id1728886342https://open.spotify.com/show/1j8SyZxIeQnVWWl9Dagitt
LinkedIn : https://www.linkedin.com/in/glenn-yaney-3a5594a1–
 
Get Your Deal Calculator For FREE! Use the code MHPSHOW upon checking out: https://derekvickers.com/deal-calculator
 
Follow Derek on his Social Media:@derekvickers885
Join our Facebook Group: Mobile Home Park Investing Pros
Got questions about MHP? Email me at derek@derekvickers.com