Monday Apr 15, 2024
The Most Lucrative Opportunities in Mobile Home Park Investing Unveiled | Episode 53 |Cory Harelson
In this episode of the MTP Show podcast, host Derek Vickers and guest Cory Harelson delve into the intricacies of mobile home park investing. Cory, a former structural engineer and founder of Freedom Investing Group, discusses his focus on value-add opportunities in mobile home parks, where he sees significant potential due to widespread mismanagement. He shares his approach to achieving high cap rates and the importance of being conservative in projections. The conversation also touches on the affordable housing crisis and how mobile home parks offer a viable solution. Cory highlights the resilience of mobile home park demand, even with fluctuating apartment rents, due to their affordability. He concludes by promoting his company's free guide to investing and invites listeners to reach out for more information on syndications.
Tune in to learn more about…
- The Leap from Engineering to Real Estate
- Embracing the Value-Add Strategy
- Scaling Up and Syndication
- Managing a Multi-State Portfolio
- A Near-Death Experience and a Shift in Priorities
- The Affordable Housing Crisis and Future Solutions
- Investment Criteria and Market Trends
- Resources for Aspiring Investors
Important Links and Mentions:
Freedom Investing Group Website: https://freedominvestinggroup.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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