From $0 to 6,000+ Lots in MHP | Episode 77 | Mike Conlon

In this episode, Mike Conlon joins Derek Vickers to share his 20-year journey in mobile home park investing, from his start in 2005 to building a portfolio of over 6,000 lots. Mike shares invaluable insights on scaling a MHP business, managing value-add projects, and adapting to the evolving market landscape.

Key Takeaways:

• Evolution of MHP Industry: From mom-and-pop operations to institutional investments
• Project Management Challenges: Insights on managing multiple value-add projects and infrastructure upgrades
• Importance of investing in quality managers and proper compensation
• Shift from pure cash flow focus to IRR-driven investments
• Affordable Housing Crisis: Current market dynamics and supply constraints
• Success Principles: Taking action, building resilience, and finding the right business formula

Resources from Guest:
🔗 Mike's Book: "Unconventional Wealth" (Published 2015) 


🆓 Resources to Boost Your MHP Success:

● Download Our Free Ebook: https://vicktorycapital.com/free-ebook

● Schedule a Strategy Call: https://derekvickers.com/free-strategy-session

● Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros


Want to connect with Derek? 📧 Email: derek@vicktorycapital.com
🔗 Follow Derek on Social Media: @derekvickers885