Monday May 06, 2024
How Can Automation and Technology Revolutionize Mobile Home Park Operations? | Episode 56 | Ty Thompson
In this episode of the MHP Show podcast, host Derek Vickers talks with Ty Thompson, an army veteran and PGA golf professional, about his foray into mobile home park investing. Ty discusses the benefits of passive income and equity building in this niche real estate market. He shares insights on due diligence, the importance of mentorship, and strategies for automation and technology integration to streamline operations. The episode covers the inclusion of high-speed internet and HD channels in lot rent, the use of pet screening software, and the necessity of strict rent collection processes. The discussion also touches on unexpected challenges, such as storm damage and on-site incidents, emphasizing the need for preparedness in park management.
Tune in to learn more about…
- From Tees to Tenants: Ty Thompson's Diverse Background
- The Allure of Mobile Home Park Investing
- Due Diligence and Mentorship: The Pillars of Success
- Embracing Automation and Technology
- Lessons Learned and Unforeseen Challenges
Important Links and Mentions:
Ty Thompson on LinkedIn: https://www.linkedin.com/in/ty-thompson-pga-a7320532/
Website: https://tythompsonpga.com/
Get Access to my Free Webinar here: https://derekvickers.com/home-page826333
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
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