The MHP Show
Welcome to the MHP Show, your go-to podcast for learning how to buy and operate mobile home parks successfully while still working a full-time job. Hosted by Derek Vickers, a successful mobile home park owner and industry expert, each episode features insights from guests and experts, discussing the current state of the industry and sharing tips for investing in mobile home parks. Learn from Derek’s personal experiences and avoid the mistakes he made when building his portfolio. So, tune in to the MHP Show and start your journey towards financial freedom through investing in mobile home parks. Connect with Derek. www.vicktoryrealestategroup.com Instagaram: derekvickers885 Youtube: derekvickers885 Twitter: derekvickers885 TikTok: derekvickers885 LinkedIn: Derek Vickers Facebook: Derek Vickers Substack: Derekvickers885
Episodes
Monday Apr 15, 2024
Monday Apr 15, 2024
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
Monday Apr 08, 2024
Monday Apr 08, 2024
In this episode of the MHP Show podcast, host Derek Vickers talks with Matt Fore from Next Level Income about the intricacies of the mobile home park industry. They cover the economics of lot rent pricing, the effects of manufacturing jobs on inflation, and the challenges of managing mobile home parks. Matt highlights the importance of adapting investment strategies to market changes and the potential influence of loan modifications in 2024. Additionally, Matt shares his philosophy on intentional living, the significance of financial freedom, and the role of health and fitness in success. He also talks about his experience with Ironman events and the mental toughness required for such challenges. The episode concludes with Matt's invitation to listeners to explore his podcast and connect with him further.
Tune in to learn more about…
The Future of Mobile Home Parks
Pricing Strategies and Economic Considerations
Infill Development and Investment Timelines
Managing Mobile Home Parks vs. Apartment Complexes
The Intentional Life: Beyond Financial Freedom
Health and Fitness: Pillars of Success
Running Your Own Race
Important Links and Mentions:Icecream with Investors Website: https://icecreamwithinvestors.com/
Matt Fore on LinkedIn: https://www.linkedin.com/in/forematt/
Matt Fore on X: https://twitter.com/mattfore11
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:@derekvickers885Join our Facebook Group: Mobile Home Park Investing ProsGot questions about MHP? Email me at derek@derekvickers.com
Monday Apr 01, 2024
Monday Apr 01, 2024
In this episode of the MHP Show podcast, host Derek Vickers talks with Simone Fraser, co-founder of Liberty Capital Group, about her impressive start in mobile home park investing during college and her acquisition of 14 parks. They discuss Simone's first business selling hot tubs, her effective cold calling and direct marketing strategies, and the benefits and challenges of working with a significant other in the business. The episode offers insights into the nuances of cold calling, the importance of relationship-building, and advice for aspiring investors on overcoming the fear of rejection.
Tune in to learn more about…
From College Junior to Investment Prodigy
The Hot Tub Prelude to Success
The Power of Cold Calling and Direct Marketing
Overcoming Challenges in Business and Life
The Couple That Works Together
Strategies for Successful Cold Calling
Tools of the Trade
Important Links and Mentions:Simon Fraser on LinkedIn: www.linkedin.com/in/simone-fraser-b5ab9a264
Liberty Capital Group on Instagram: https://www.instagram.com/libertycapitalgroup/
Get Access to my Free Webinar here: https://derekvickers.com/home-page826333
Get Your Deal Calculator: https://derekvickers.com/deal-calculator
Follow Derek on his Social Media:@derekvickers885Join our Facebook Group: Mobile Home Park Investing ProsGot questions about MHP? Email me at derek@derekvickers.com
Monday Mar 25, 2024
Monday Mar 25, 2024
Hey there! I've got something special for you on today's episode of The MHP Show. I recently chatted with Roger Becker on the Street Smart Success Podcast, and let me tell you, it was a blast! I shared my story, my journey, and some nuggets of wisdom along the way. Trust me, you don't want to miss it! So kick back, relax, and tune in to hear what happened.
Important Links and Mentions:
Get Access to my Free Webinar here: https://derekvickers.com/home-page826333
Get Your Deal Calculator: https://derekvickers.com/deal-calculatorFollow Derek on his Social Media:@derekvickers885Join our Facebook Group: Mobile Home Park Investing ProsGot questions about MHP? Email me at derek@derekvickers.com
Monday Mar 18, 2024
Monday Mar 18, 2024
In this episode of the MHP Show podcast, host Derek Vickers interviews Jill Jensen, Chief Investment Officer of Sonos Capital, about her foray into mobile home park investing. They discuss Jill's entrepreneurial background, her strategies for raising capital, and the importance of networking in real estate. Jill shares her experience as a single mom and the balance between parenthood and entrepreneurship. She emphasizes the significance of serving others, leveraging retirement accounts for investments, and the "who, not how" approach to finding expertise. The episode offers insights into real estate investment and the mindset required for success.
Tune in to learn more about…
From Door-to-Door Sales to Real Estate Success
The Entrepreneurial Mindset and Single Parenthood
Sonos Capital and the Leap into Mobile Home Park Investments
Raising Capital and Securing Deals
Serving Others and Finding Your Target Market
Important Links and Mentions:Sonos Capital Website: https://sonoscapital.com/Email Jill Jensen: jill@sonoscapital.comOr contact her at: 385-424-5230
Get Access to my Free Webinar here: https://derekvickers.com/home-page826333
Get Your Deal Calculator: https://derekvickers.com/deal-calculatorFollow Derek on his Social Media:@derekvickers885Join our Facebook Group: Mobile Home Park Investing ProsGot questions about MHP? Email me at derek@derekvickers.com
Monday Mar 11, 2024
Monday Mar 11, 2024
In this episode of the MHP Show podcast, host Derek Vickers and guest Roger King delve into the intricacies of investing in mobile home parks. They discuss the challenges of market cycles, interest rates, and the importance of a clear exit strategy. Roger shares his experiences with property renovations, the necessity of reliable contractors, and managing regulatory hurdles. The conversation also touches on the need for additional capital to assist buyers who lack sufficient funds, the unpredictability of investment outcomes, and the value of learning from each unique property. Both speakers wanted to help others through their courses, sharing knowledge and experience to empower aspiring real estate investors. Derek reflects on his journey to finding peace amidst business challenges and the fulfillment he finds in giving back and teaching from his serene beachside location in Puerto Rico.
Tune in to learn more about…
Roger King and his experience in real estate
Roger's early entrepreneurial experiences and transition into real estate
The importance of persistence and mindset in achieving success
Influence of influential figures on mindset and success
Filtering valuable information and focusing on goals and criteria
Significance of market cycles and strategic decision-making in real estate
Insights into the real estate market cycle and investing in mobile home parks
Challenges and lessons learned from mobile home park investments
Criteria for future investments and the need for economies of scale
Discussion on property renovations and finding reliable contractors
Important Links and Mentions:Roger King’s Website: https://www.rogerking.com/Roger King’s YouTube: https://www.youtube.com/@therealrogerkingRoger King’s on Instagram: https://www.instagram.com/therealrogerking/
Get Your Deal Calculator: https://derekvickers.com/deal-calculatorFollow Derek on his Social Media:@derekvickers885Join our Facebook Group: Mobile Home Park Investing ProsGot questions about MHP? Email me at derek@derekvickers.com
Monday Mar 04, 2024
Monday Mar 04, 2024
In this episode of the MHP Show podcast, host Derek Vickers talks with Dave Foster, CEO of the 1031 Investor, about the intricacies of the 1031 exchange in real estate. They explore the benefits of tax deferral, the process of exchanging properties, and strategies to optimize investments. Dave shares anecdotes and emphasizes the importance of understanding the exchange to maximize wealth and create a legacy. The discussion also touches on the creative solutions investors use to navigate tax laws and the educational resources available at the1031investor.com, including Dave's book on the subject.
Tune in to learn more about:
1031 exchange and its benefits for real estate investors
Misconceptions about the 1031 exchange
The process of a 1031 exchange
Impact of the exchange on the economy
Long-term benefits of the 1031 exchange
Common misconceptions about the 1031 exchange
The role of a qualified intermediary in the 1031 exchange
The 45-day identification period in a 1031 exchange
Combining a 1031 exchange with cost segregation studies
Reverse 1031 exchange and seller financing in a 1031 exchange
Important Links and Mentions:Dave Foster’s book: Lifetime Tax-Free Wealth: The Real Estate Investor's Guide to The 1031 ExchangeThe 1031 Investor Website: https://www.the1031investor.com/The 1031 Investor YouTube Channel: https://www.youtube.com/@The1031InvestorDave Foster on LinkedIn: https://www.linkedin.com/in/davefoster1031/Follow Derek on his Social Media: @derekvickers885Join our Facebook Group: Mobile Home Park Investing ProsGot questions about MHP? Email me at derek@derekvickers.com
Monday Feb 19, 2024
Monday Feb 19, 2024
Welcome to "The MHP Show" with Derek Vickers!
In episode 46, I'm honored to have Spencer Davidson on board. Former Real Estate Broker/Owner at Simply Better Realty, Spencer orchestrated a remarkable growth from one to 20+ agents overseeing 160+ transactions and $50 million in sales volume across multiple regions. Post his stake exit, he transitioned to Commercial Real Estate Acquisitions. As a representative/consultant for real estate syndicate funds, Spencer excels in identifying distressed or non-distressed income-producing assets, navigating acquisitions intricately.
Join us for a deep dive into his insights exclusively on "The MHP Show."
E-book: https://go.ondemandcontents.com/checklist #mobilehomeparkinvesting
#MHP #MobileHomes #mobileHomePark #MobileHomeParks #Investing #TrailerParks #RealEstate #Business #CommercialRealEstate #Realestate101 #AffordableHousing #WealthBuilding #BusinessInsights #TheMHPShow #BusinessInvestments
Monday Feb 12, 2024
Monday Feb 12, 2024
Welcome to "The MHP Show" with Derek Vickers!
In episode 45, I'm excited to have Jose Garcia, a Mobile Home Investor, Coach, and Mentor, join us.
With an impressive track record, Jose has successfully completed over 400 mobile home transactions. Join me in this episode as we dive into the world of mobile home investing, gaining valuable insights and wisdom from Jose, exclusively on "The MHP Show."
E-book: https://go.ondemandcontents.com/checklist
#MobileHomes #MobileHomeParks #RealEstateInvesting #InvestmentOpportunities #BusinessVentures #RealEstateWealth #MobileHomeInvestor #Entrepreneurship #MHPInvesting #AffordableHousing #WealthBuilding #BusinessInsights #TheMHPShow #BusinessInvestments
Monday Feb 05, 2024
Monday Feb 05, 2024
Welcome to "The MHP Show" with your host, Derek Vickers!
In episode 44, I'm delighted to sit down with Craig Schneider, the Managing Partner at RYZE Communities. Craig brings a wealth of expertise, focusing on value-add opportunities in the mobile home park, RV park, and multi-family real estate space.
Join us for an insightful conversation as we explore the dynamic world of real estate investment with Craig, exclusively on "The MHP Show."
E-book: https://go.ondemandcontents.com/checklist
#MobileHomeParks #MobileHomeParksInvesting #TrailerParks #MobileHomeParkInvesting #RealEstateInvesting #PropertyInvestment #MHPInvestment #AffordableHousing #WealthBuilding #RealEstateOpportunities #InvestmentInsights #MHPShow #RealEstate101
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