Monday Jun 03, 2024
From Single-Family Homes to Mobile Home Parks | Episode 59 | Walter Johnson
In this episode of the MHP Show podcast, our guest, Walter Johnson of Sonos Capital, delves into the niche of mobile home park investing. Johnson recounts his real estate background, from the mortgage industry to investing in single-family homes and apartment buildings, before transitioning to mobile home parks. He shares a missed opportunity that spurred his interest in this sector and discusses the benefits of using a fund model for raising capital. They explore investment criteria, market analysis, and the potential for value-add opportunities in secondary markets. The episode wraps up with personal anecdotes on the importance of hard work, perseverance, and maintaining physical fitness for success in real estate investing.
Tune in to learn more about…
From Mortgages to Mobile Homes: Walter Johnson's Real Estate Journey
The Shift to Mobile Home Parks
Embracing the Fund Model for Capital Raising
Strategies for Raising Capital
Investment Criteria and Strategies
The Complexities of Mobile Home Park Investments
Financing, Rental Structures, and Diversification
Important Links and Mentions:
https://sonoscapital.com/
https://www.linkedin.com/in/walterjohnson2/
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