Tuesday Jun 10, 2025

Why I'm Still Bullish on Mobile Home Parks Despite High Rates & Crazy Prices | EP 95

In this solo episode of The MHP Show, I break down exactly why I'm doubling down on mobile home parks despite interest rates and inflated pricing. While others are sitting on the sidelines complaining, I'm going all-in – and here's why you should pay attention.

Key Takeaways:

  • Mobile home parks remain severely undervalued relative to demand constraints
  • Supply is permanently restricted – you literally cannot develop new parks in major cities
  • Rent gaps still exist in markets where $400 lot rent meets $1,500 park-owned home demand
  • Economic uncertainty makes MHPs MORE attractive as the cheapest housing option
  • Consolidation creates massive opportunities for operators who stay active

My Contrarian Strategy: While competitors retreat, we're scaling our acquisition outreach harder than ever. Interest rates aren't dropping soon, so I'm underwriting deals assuming current rates – creating additional margin of safety for our investors.

The Reality Check: Sacred cows of MHP investing (like the "$40K per pad" rule) are keeping investors broke. We've adjusted our thinking at Vicktory Capital and are finding severely undervalued off-market deals while others chase broker listings.

Why I'm Personally All-In: My entire net worth is in mobile home parks. I sell my insurance company stock annually to reinvest in our parks. When the CEO puts his money where his mouth is, that should tell you something.

The Bottom Line: These assets will only get harder to buy. We're buying now because we'll regret not buying later. While others wait for a market crash that won't come, we're acquiring another 2,000 units.

Resources to Boost Your MHP Success:

Connect with Me:

πŸ”— Follow on Social Media: @derekvickers885
πŸ“§ Email: derek@victorycapital.com

For passive investors: Book a call to learn about our investment opportunities for seven and eight-figure entrepreneurs focused on building generational wealth through mobile home park investing.

Ready to stop making excuses and start making deals? Hit play and prepare to get called out (in the best way possible).

Stay tuned for more episodes of The MHP Show!

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