Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
About This Show
The Mobile Home Park Investors Podcast is the world’s first podcast dedicated to mobile home park investing. This weekly podcast explains the intricacies of this unique real estate niche and details why an investor would want to own a mobile home park, either directly or through a real estate fund. Current manufactured housing community owners will find this podcast helpful in improving their mobile home park’s operations and profitability.
The Podcast is hosted by Jefferson Lilly and Brad Johnson who are the co-founders of Park Street Partners, a private real estate investment firm focused on mobile home parks. The company seeks to deliver its investors superior cash flow returns by acquiring and investing in undervalued mobile home parks. Park Street Partners does this while helping to solve America’s affordable housing crisis by improving communities and increasing the supply of housing in the markets it operates in.
Most Recent Episode
EP050: Is Your Soil Contaminated? with Mike Renz
Welcome to episode 50 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson and Brad interview Mike Renz, an environmental geologist & consultant. Mike’s clients hire Mike to test the soil of properties and sites prior to purchase. Mike talks in detail about the type of work he does for property investors, and why it’s so important to understand what kinds of toxins are in your soil. Key Takeaways: [1:35] Mike takes long motorcycle rides just to go look at rocks. [2:45] How did Mike into this work? [6:25] Jefferson and Brad call in Mike and he usually does a ‘Phase 1’ on the property. What does that entail? [12:50] For Phase 1, some of the work can be done remotely. [20:55] It takes Mike around 2-3 weeks to do both the onsite and offsite work. [21:35] When does a phase 2, 3, 4, or 5 happen? Is there a phase 11? [26:45] Mike’s goal with his clients is to discover the property’s deal breaker as quickly and as cheaply as possible. [28:25] What’s the worst ’bad stuff’ Mike has ever found on a property? [30:45] Once it’s been established the soil has been contaminated, who removes the toxins from the ground? [33:55] What advice does Mike have for a new investor? Mentioned in This Episode: Park Street Partners Mobile Home Park Investors Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to: email@example.com