The MHP Show

Buying the right mobile home park isn’t about chasing cap rates—it’s about mastering the fundamentals that actually drive long-term success. In this episode of The MHP Show, Derek Vickers shares what 40+ mobile home park acquisitions have taught him about finding the best mobile home park investments, analyzing mobile home park deals, and building reliable mobile home park cash flow through smarter decisions.
From identifying high-growth markets and evaluating mobile home park locations, to understanding utilities, rent spreads, and operational upside—Derek reveals the exact checklist he uses before buying any park. Whether you’re a mobile home park investor, real estate entrepreneur, or business owner, this episode shows how to buy right and scale confidently.
00:00 – Intro & The 40+ Acquisitions Journey05:00 – Why Location Always Wins10:00 – City Water, Sewer & Infrastructure Tips18:00 – Rent Spreads & Market Position25:00 – Park-Owned Homes & Value Creation32:00 – Operational Upside & Exit Strategy
Learn how to evaluate deals like a pro and buy mobile home parks the right way.
Resources to Boost Your MHP Success:• Download Our Free Ebook: https://vicktorycapital.com/free-ebook• Schedule a Strategy Call: https://derekvickers.com/free-strategy-session• Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
Connect with Me:🔗 Follow on Social Media: @derekvickers885 📧 Email: derek@vicktorycapital.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!•

Raising capital for MHPs isn’t easy—but it’s the difference between stalled growth and scalable success. In this episode of The MHP Show, Derek Vickers sits down with Jeff Flynn to uncover the real challenges and strategies nobody talks about when it comes to raising capital in mobile home parks.
From navigating your first raise, structuring syndications vs. funds, and understanding what serious investors want, this conversation reveals the unfiltered truth about raising capital for mobile home parks. Whether you’re a mobile home park owner, a real estate investor, or a business owner, these lessons can help you attract smarter capital and scale faster.
00:00 – Intro & Jeff’s First Deal08:00 – Syndications vs. Funds Explained15:00 – Investor Expectations & K-1 Headaches25:00 – Raising Capital Mindset Shifts40:00 – Market Selection & Deal Sourcing55:00 – Lessons Learned & Advice for Operators
Gain clarity, avoid costly mistakes, and raise capital for MHPs the right way.
 
Resources to Boost Your MHP Success:
• Download Our Free Ebook: https://vicktorycapital.com/free-ebook
• Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
• Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
 
Connect with Me:
🔗 Follow on Social Media: @derekvickers885
📧 Email: derek@vicktorycapital.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!•

Raising Capital in Mobile Home Parks: Lessons from $25M in Funds
 
Raising capital in mobile home parks isn’t easy—but it’s the make-or-break factor for scaling. In this must-watch episode, we break down real lessons from managing over $25M in funds dedicated to mobile home park investing. Whether you’re an ambitious mobile home park owner, a seasoned real estate investor, or a business owner seeking stability, this playbook can help you scale smarter.
 
We cover the truth about mobile home park funds, syndications vs funds, and how operators structure deals to attract serious capital. Learn what top investors look for, how to de-risk acquisitions, and why mobile home parks remain one of the strongest asset classes.
 
00:00 – Intro & First $500K Deal
08:00 – Scaling to 25 Mobile Home Parks
14:00 – Market Selection: Florida, Texas, Arizona
20:00 – Raising Capital: Syndications vs Funds
34:00 – Managing Risk & Insurance Costs
48:00 – Lessons from $25M in Funds
 
Gain clarity, avoid costly mistakes, and raise capital the right way.
 
Resources to Boost Your MHP Success:
• Download Our Free Ebook: https://vicktorycapital.com/free-ebook
• Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
• Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
 
Connect with Me:
🔗 Follow on Social Media: @derekvickers885
📧 Email: derek@vicktorycapital.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!•

This MHP Mistake Could Cost You Everything literally. In this must-watch episode, we expose the most critical misstep that new and even experienced mobile home park investors make when buying or scaling parks. Whether you're a seasoned real estate investor, one of many ambitious mobile park owners, or a growth-focused business owner, this warning can save you millions.
 
We cover the biggest oversight in mobile home park investing, including construction risk, deal underwriting, and poor project management. Learn how the top mobile park owners avoid disaster and build scalable portfolios.
 
This is real talk from the trenches, with practical advice every real estate investor and business owner needs to hear before closing their next MHP deal. If you're in the game or getting started, don’t let this mistake derail your investment journey.
 
00:00 – Intro & Why Mobile Parks Aren’t Really Passive
04:50 – The Moment They Almost Quit the Business
10:45 – Biggest Surprises from Interviewing Millionaires
14:35 – The Truth About Scaling & “Enough”
20:10 – Defining Your Ideal Deal as a Mobile Park Owner
27:00 – Construction & Project Management Pitfalls
34:00 – Raising Capital + Bank Financing Strategy
52:00 – Underpromising ROI & Overdelivering
 
Gain clarity, avoid rookie mistakes, and get ahead in your mobile park investing journey. Ideal for real estate investors and business owners looking to scale smarter.
 
Resources to Boost Your MHP Success:
• Download Our Free Ebook: https://vicktorycapital.com/free-ebook
• Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
• Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
 
Connect with Me:
🔗 Follow on Social Media: @derekvickers885
📧 Email: derek@vicktorycapital.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!•

In this episode of The MHP Show, we reveal how we tripled the value of a mobile home park in under 12 months turning a $4.1M off-market deal into an $11.5M asset. If you're a mobile home park investor, real estate entrepreneur, or business owner looking for high-ROI opportunities, this is your blueprint.
 
We cover how mobile home park conversions, utility bill-backs, and hands-on management led to 3X cash flow. Discover why mobile home park investing is recession-resilient and how our team created a 380% return for investors.
 
Want to learn how to scale mobile home park operations or find undervalued parks? We break it all down in this real-world case study.
 
Watch to learn proven strategies in mobile home park investing that are working today and how we’re doing it again in Fund One.
 
Key Takeaways:
• Why off-market, mom-and-pop-owned parks are gold mines if you know what to look for
• How park-owned home conversions unlocked massive value with minimal capital
• Reimbursing tenants for siding/skirting turned into a win-win for curb appeal and pride of ownership
• Why market rent alignment, utility bill-backs, and simple ops upgrades matter more than flashy amenities
• The real reason we returned investor capital within a year and 3.8X’d it on paper
 
Our Strategy: We don't wait on cap rate compression or rate cuts. We create value through proven playbooks. Our acquisition team is hunting down distressed assets that others overlook, and our ops team is trained to execute fast.
 
Why It Matters: This deal could’ve died in the wrong hands. Instead, we turned it into a generational win for our investors and the residents. And we’re doing it again in Fund One.
 
The Bottom Line: These deals are harder to find but they’re out there. We’re buying them now.
 
Resources to Boost Your MHP Success:
• Download Our Free Ebook: https://vicktorycapital.com/free-ebook
• Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
• Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
 
Connect with Me:
🔗 Follow on Social Media: @derekvickers885
📧 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!•

This MHP Mistake Could Cost You Everything literally. In this must-watch episode, we expose the most critical misstep that new and even experienced mobile home park investors make when buying or scaling parks. Whether you're a seasoned real estate investor, one of many ambitious mobile park owners, or a growth-focused business owner, this warning can save you millions.
 
We cover the biggest oversight in mobile home park investing, including construction risk, deal underwriting, and poor project management. Learn how the top mobile park owners avoid disaster and build scalable portfolios.
 
This is real talk from the trenches, with practical advice every real estate investor and business owner needs to hear before closing their next MHP deal. If you're in the game or getting started, don’t let this mistake derail your investment journey.
 
00:00 – Intro & Why Mobile Parks Aren’t Really Passive
04:50 – The Moment They Almost Quit the Business
10:45 – Biggest Surprises from Interviewing Millionaires
14:35 – The Truth About Scaling & “Enough”
20:10 – Defining Your Ideal Deal as a Mobile Park Owner
27:00 – Construction & Project Management Pitfalls
34:00 – Raising Capital + Bank Financing Strategy 52:00 – Underpromising ROI & Overdelivering
 
Gain clarity, avoid rookie mistakes, and get ahead in your mobile park investing journey. Ideal for real estate investors and business owners looking to scale smarter.
 
Resources to Boost Your MHP Success:
• Download Our Free Ebook: https://vicktorycapital.com/free-ebook
• Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
• Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
 
Connect with Me:
🔗 Follow on Social Media: @derekvickers885
📧 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!•
 

In this power-packed episode of The MHP Show, Derek Vickers sits down with Daniel Wise Field, CEO of Three Pillar Communities, who owns an incredible 83 mobile home parks totaling 7,600 lots across 15 states.
What You'll Learn:
How a former corporate lawyer and diplomat built a $150+ million mobile home park portfolio
The mental shift from high-achieving W-2 employee to successful entrepreneur
Why "courage" is the #1 trait needed for real estate investing success
How to raise capital with zero track record (Daniel started by passing the hat for $5,000 checks)
The reality of building wealth while managing 100+ employees
Mobile home park underwriting secrets from someone who's closed 80+ deals
Why affordable housing is the most recession-proof investment class
About Daniel Weisfield:
Daniel is a third-generation mobile home park investor, operating more than 80 manufactured housing communities in 15 states and serving over 10,000 residents. His grandfather immigrated to the U.S., saved money by fixing cars in his backyard, and eventually bought a mobile home park. To build on that legacy, Daniel’s professional mission is to turn the “trailer park” stereotype on its head. He believes manufactured housing is the best way to close our country’s housing gap and to create affordable home-ownership opportunities. Daniel holds a JD/MBA from Yale and previously worked as a strategy consultant at McKinsey & Company and as a U.S. diplomat at the State Department. When he’s not operating mobile home parks he loves surfing, wilderness conservation, speaking foreign languages badly, and spending quality time with his wife and two young kids.
Resources Mentioned:
Three Pillar Communities: https://threepillarcommunities.com/
Resources to Boost Your MHP Success:
Download Our Free Ebook: https://vicktorycapital.com/free-ebook
Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
Connect with Me:
🔗 Follow on Social Media: @derekvickers885 📧 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.
Stay tuned for more episodes of The MHP Show!

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:
Download Our Free Ebook: https://vicktorycapital.com/free-ebook
Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
Connect with Me:
🔗 Follow on Social Media: @derekvickers885 📧 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!

In this no-BS solo episode of The MHP Show, I deliver the brutal truth about why aspiring mobile home park investors are still stuck on the sidelines. Drawing from my own early struggles starting in 2015, I break down the 10 real reasons (hint: it's not the market) that keep people from closing their first deal. This isn't about being nice – it's about getting you unstuck and into action.
Key Takeaways:
Your limiting beliefs are sabotaging your success before you even start
Cold calling isn't dead – your willingness to pick up the phone is
Chasing 12-cap deals in good locations will leave you empty-handed forever
Park-owned homes aren't toxic – they built my entire $150M portfolio
You don't need perfect credit or millions to get bank financing on solid deals
The "I want to own 100% myself" mentality is keeping you broke
Most people would rather research for 2 years than make calls for 2 hours
Knowledge creates confidence, confidence creates action, action creates results
One great deal can 3X your money in under 12 months
Stop making excuses and start executing - action beats perfection every time
My Million-Dollar Case Study:
The Tampa Portfolio Transformation:
Purchase Price: $4.15 million (May 2021)
Property: 103 park-owned homes, private utilities, terrible density
Refi Appraisal: $11.5 million (March 2022)
Investor Returns: 3.87X multiple on capital in 10 months
Strategy: Convert all park-owned homes to tenant-owned
The Kicker: This deal checked every "don't buy" box on traditional MHP lists
The Reality Check:
I don't sugarcoat it. If you've been "learning" about mobile home parks for months (or years) without making offers, this episode will wake you up. The people getting deals aren't smarter than you – they're just doing the uncomfortable work consistently.
Resources to Boost Your MHP Success:
Download Our Free Ebook: https://vicktorycapital.com/free-ebook
Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
Connect with Me:
🔗 Follow on Social Media: @derekvickers885 📧 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!

This week on the podcast, we're throwing it back to an absolute classic conversation with Jimmy Johnson, CEO and Founder of Sand Dollar Communities. Jimmy breaks down his journey from having $600 in his bank account to closing 73 mobile home park deals in just 5 years. We dive into his unconventional strategies, the mindset shifts that changed everything, and why going door-to-door still works in 2025. Plus, some seller stories that'll make your jaw drop.
 
Key Takeaways: 
Jimmy's entrepreneurial beginnings - taking $10 photos of foreclosure houses
How he narrowed down to mobile home parks through process of elimination
Living with grandparents and borrowing earnest money for his first deal
The $30K first wholesale that proved the model
Why he goes door-to-door at every single acquisition
Managing 2,000+ units across small towns with $25/month managers
The craziest seller stories you've ever heard
His biggest regret: being too picky in 2019 when deals were "insane"
Why small town parks are goldmines nobody wants
The one thing that separates closers from talkers
Jimmy's advice: stop overthinking and just do something
If you're tired of analysis paralysis and ready to see what real execution looks like, this throwback episode is exactly what you need.
Guest Information: Jimmy Johnson, CEO and Founder of Sand Dollar Communities, went from $600 in his bank account to 73 closed mobile home park deals in 5 years. He specializes in small town acquisitions and third-party management, with over 2,000 units under management. Jimmy's known for his door-to-door approach and willingness to do what others won't.
Resources from Guest: 
Email: jimmy@jimmyjohnson.co ● Instagram: @FloridaJimmy
 
🆓 Resources to Boost Your MHP Success:
Download Our Free Ebook: https://vicktorycapital.com/free-ebook
Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
Connect with Derek:
🔗 Follow on Social Media: @derekvickers885
📧 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 parks.
 
Stay tuned for more episodes of The MHP Show!