Monday Sep 23, 2024
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!
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Have questions about MHP? Email me at derek@derekvickers.com
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