Property Prophets

Travis Wells
  • 5.0 (24)
  • Entrepreneurship
  • Updated Weekly

Welcome to "Property Prophets," the ultimate podcast for real estate enthusiasts and investors. I'm your host, Travis Wells, and I'm thrilled to have you join me every single week as we dive into the world of property profits. In each episode, we bring on a specialist who excels in a specific area of real estate. Whether it's retail, big commercial properties, luxury real estate, flipping houses, or even land development, we've got you covered. Our guests are true masters of their craft, and they're here to share their expertise, insights, and success stories with you. But it doesn't stop there. At the end of each podcast, we have a special segment where our mastermind group joins in. This group is filled with avid learners and aspiring investors who bring their real-time, real-life questions for our guests. Together, we create an engaging Q&A session that provides practical knowledge and solutions for everyone. Join us on "Property Prophets" as we explore the intricacies of the real estate industry and unlock the secrets to property profits. Whether you're a seasoned investor or just starting out, this podcast is designed to inspire, educate, and empower you to achieve your goals in the world of real estate. So, don't miss out on this incredible opportunity to learn from the best in the business. Tune in to "Property Prophets" and let's embark on this exciting journey together!

  1. 2d ago

    The Million Dollar Park Play

    Send us Fan Mail A mobile home park under contract for $1,000,000 that’s already bringing in roughly $30,000 a month sounds like a headline, but the real story is how the deal got done. I’m Travis Wells, and I walk you through the exact thinking behind locking up another park and why this one stood out even though it was listed publicly. The key signals were simple and practical: highway frontage outside a metro, strong affordable housing demand, and clear operational upside through expansion and better use of the property. Then we get into the part most investors avoid talking about honestly: financing friction. This park had been under contract before, but banks wouldn’t fund the buyers. Mobile home park financing and RV park financing can be tough when lenders don’t understand the asset class or the buyer doesn’t have the right track record. That gap is where cash, strong partners, and sometimes seller financing can create a huge advantage. I explain why the initial loan is often the hardest step, why refinancing can get easier later, and how to identify the seller’s real constraint so you can solve it cleanly. We also go deep on getting deals on repeat without playing games. I share how I use VAs to call owners daily, why I focus on a few core numbers early, and why I don’t believe in lowballing everything and hoping something sticks. If you want a repeatable system for mobile home park investing, due diligence, and making offers you can defend, hit play. If it helps, subscribe, share it with a friend chasing deals, and leave a review, what part of the process do you want me to unpack next? Support the show 🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587 Instagram :  / travisclaywells  ​ TikTok: / travisclaywells  ​ Linkedin: / traviscwells

  2. Sep 4

    He Bought His First Mobile Home Park

    Send us Fan Mail A blurry listing sat on the market, the seller was tired, and Mat Koym saw an opening that most investors miss: a small mobile home park where the upside comes from discipline, not hype. We break down how Matt closed on a 24-lot manufactured housing community, why the first month was smoother than he expected, and what he did immediately after taking over to protect tenants and stabilize operations. We get specific on the numbers and the process. Matt shares the $315,000 purchase price, the 20% down structure, and how seller financing plus a negotiated retrade helped the deal pencil after inspections flagged sewer, plumbing, and electrical issues. Then we dig into the unglamorous fixes that move NOI fast: calling vendors, verifying bills, and walking the property. Trash went from about $600 to $125 for the same service, and the water bill dropped from roughly $1,400 to $846 by fixing leaks and getting residents to report running toilets. You’ll also hear how he builds a long-term deal pipeline with a virtual assistant, why “the leads suck” is usually a follow-up problem, and what it really takes to get a park ready for an infill and refinance plan. We talk underwriting with real contractor input, breaking even while repairs hit, the insurance headache nobody warns you about, and the importance of clean books and systems if you want financing options later. If you’re serious about mobile home park investing, seller financing, and value-add operations that actually hold up in the real world, hit play. Subscribe for more, share this with a friend who’s hunting their first park, and leave a review with your biggest takeaway. Support the show 🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587 Instagram :  / travisclaywells  ​ TikTok: / travisclaywells  ​ Linkedin: / traviscwells

  3. Aug 30

    The 90-Day Park Mentorship Plan

    Send us Fan Mail If you’ve ever stared at a mobile home park listing and thought, “I want this… but I don’t know what to say to the owner,” you’re not alone, and you’re not broken. Confidence doesn’t come from motivation. It comes from having the skills to evaluate a deal, explain your numbers, and run the asset like an operator. I’m Travis Wells, and I’m sharing the exact framework behind my 90-day mentorship designed to help motivated buyers land their first park. We talk through the real building blocks of mobile home park investing and RV park investing: how to spot a deal, how to underwrite fast without lying to yourself, and how to use the right lingo so seller calls don’t feel awkward. I also explain why due diligence is where park deals are truly made, what I’ve learned through trial and error, and how to protect yourself from the hidden problems that can wreck cash flow. You’ll also hear my take on raising capital for your first park, including why I usually wouldn’t give up equity on a smaller first deal, and the mindset shift that helped me most: good deals find money. To make it practical, I share a specific deal-sourcing tactic that most people ignore, expired mobile home park listings, plus how to skip trace owners and start real conversations that lead to opportunities. If you want more operator-first content like this, subscribe to the Property Profits Podcast, share this with a friend chasing their first park, and leave a review or comment with the market you’re buying in and what’s holding you back right now. Support the show 🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587 Instagram :  / travisclaywells  ​ TikTok: / travisclaywells  ​ Linkedin: / traviscwells

  4. Aug 26

    Subject To Made Simple

    Send us Fan Mail Subject to sounds simple on the surface: someone buys your house and starts making your mortgage payments. But the details are where the real decision lives, especially if you’re the seller trying to walk away without wrecking your credit, or the investor trying to buy a property without jumping through bank hoops. We walk through the core “sub to” concept in plain English: the mortgage stays in the seller’s name while ownership can transfer to the buyer. That single sentence explains why subject to real estate investing can be so attractive when an existing loan has a low interest rate, and why it can also feel scary for homeowners. We also clarify the difference between a true loan assumption and a subject to purchase, so you can spot confusion before it costs you. Then we get into the risks everyone whispers about but rarely explains well. What happens if the buyer misses payments? How does that hit the seller’s credit? What safeguards actually help, like third party loan servicing, payment tracking, and clear proof that the mortgage is being paid on time? Finally, we tackle the big “do-on-sale clause” question: yes, a lender can call the note due under certain terms, and we talk about how to think about that risk with full transparency. If you want a straightforward primer on subject to the existing mortgage deals, with the pros, cons, and practical guardrails, hit play. Subscribe, share this with a friend who’s curious about sub to, and leave a review with your biggest question so we can tackle it next. Support the show 🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587 Instagram :  / travisclaywells  ​ TikTok: / travisclaywells  ​ Linkedin: / traviscwells

  5. Aug 19

    Fill Every Spot Fast

    Send us Fan Mail Vacancy is not a branding problem. It is a pricing and feedback problem, and we treat it like a living science experiment. Travis Wells walks through how we fill spots with tiny homes, mobile homes, and RVs by pushing listings everywhere we can, then watching what the market does in real time. Facebook Marketplace, Facebook groups, rental sites, and quick iteration are the engine. When leads slow down, we do not “set it and forget it” and hope. We adjust, measure, and keep moving until the unit is producing income. We also get honest about rent pricing. Sometimes the right move is a small $25 to $50 cut. Sometimes it is an incentive like a bills-paid option. The point is to find the market, not to cling to a number that only works on a spreadsheet. We talk through what leasing speed tells you about demand, why certain rent-to-own terms can flood you with applicants, and what changes when you introduce nicer, newer units that require higher income and tighter qualification. Higher rent can be worth it, but only if the market confirms it without dragging your vacancy out for weeks. Then we zoom out to the long game of mobile home park and RV park cash flow. Chasing premium rent can backfire if it costs you months of lost income or increases turnover. We break down why turnover is expensive, how damage and admin time eat your upside, and why a fair, comfortable rent that tenants can afford often creates the best outcome for everyone. If you want more practical park management and occupancy tactics, subscribe, share this with another park owner, and leave a review so more people can find the show. Support the show 🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587 Instagram :  / travisclaywells  ​ TikTok: / travisclaywells  ​ Linkedin: / traviscwells

  6. Aug 17

    Phase Two: Adding 40 More Homes

    Send us Fan Mail Craters for roads, a neglected property, and a community that needed real infrastructure, not hype. We’re in South Texas working through a phased mobile home park turnaround, and I’m sharing what phase two actually looks like when you’re serious about scaling: a large raise to bring in 40 more units and move the park from about 40 paying tenants to roughly 80 homes. I talk through the unsexy upgrades that make everything else possible, including electric work, water and sewer, meters, cleanup, mowing, and signage. We also get into the road situation, why potholes became a priority, and how partnering with people who do construction for a living can save you from getting crushed on costs. Then there’s the real-world side of doing visible work: you post progress, someone laughs at it, and you learn fast that you’re never going to make everybody happy. You’ll also hear a transparent budgeting breakdown for expansion, including how I think about an all-in cost per spot (around $25,000), what hauling can run, and why hookups and small items can quietly become the biggest line. If you’re into mobile home park investing, value-add real estate, raising capital, or building cash-flowing communities in phases, this is the play-by-play you can learn from. Subscribe, share this with a friend, and leave a review with the one question you want me to answer next. Support the show 🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587 Instagram :  / travisclaywells  ​ TikTok: / travisclaywells  ​ Linkedin: / traviscwells

  7. Aug 12

    Win In Any Market

    Send us Fan Mail Everyone’s got an opinion about why the market is “bad” right now, but I don’t think that story helps you close your next deal. I’m Travis Wells, and I want to reframe the whole conversation: cycles change, pricing moves, headlines get dramatic but disciplined investors still win because they focus on controllables. If you’re in real estate investing and your deal flow feels slower, this is the mindset and process check you need. I walk through what “buy right” actually means in practice, especially for real estate that’s driven by operations. We talk about underwriting based on NOI (net operating income), looking for real value add potential, and making sure the numbers make sense whether you’re buying a home, a mobile home, or a mobile home park. If prices are down, they’re down across the board. If they’re up, they’re up for everyone. Your challenges aren’t unique, and neither are your options. Then we get tactical. My business doesn’t depend on guessing the market, it depends on repeated drivers: making calls, generating leads, networking, talking to my sphere, and putting out content so opportunities find me. I also share why I pivoted from single family to mobile home parks to increase my output and align with bigger goals like building equity faster and growing a property management company. If you want results regardless of the market, get crystal clear on your goal, identify the drivers that create deals, and do them consistently and if they’re not working, overdo them. Subscribe to the Property Profits Podcast, share this with a friend, and leave a review so more investors hear it. Support the show 🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587 Instagram :  / travisclaywells  ​ TikTok: / travisclaywells  ​ Linkedin: / traviscwells

  8. Aug 11

    Cabins Beat RV Spots

    Send us Fan Mail A small RV park deal can look simple on paper until you hear the real questions behind the numbers. We’re on a call with Jeff, the owner of a South Texas built park near Mount Vernon, and Travis, an operator who buys and expands parks for a living. The property has 10 acres in the current park footprint with eight cabins and 10 RV spots, about $10K a month coming in, and a tenant base driven by long-term workers tied to solar farms and new lithium development. Right away, the conversation turns from surface stats to what actually holds value: occupancy, utilities, and the unit mix that keeps money predictable. We dig into expansion potential and infrastructure realities: how many more pads could fit, what a new septic system might cost, how electric is metered, and why fiber internet can change demand for long-term stays. Jeff explains why he chose cabins as competition increased for RV pads, then breaks down the real economics between pads and cabins when you include electric, water, trash, and internet in the monthly rate. If you care about RV park investing, cap rate, and NOI growth, this is the kind of practical detail you rarely get in a listing. Then we get into the negotiation. Jeff shares valuation expectations and what cash he needs to feel good walking away, while Travis floats a seller financing structure around a $675K price point and explains how “holding paper” typically works, from down payments to amortization and balloon terms. They also kick around upside ideas like glamping and a wellness angle, but the buyer’s focus stays clear: buy it as-is, stabilize cash flow, and only expand once operations are proven. Subscribe for more real-world deal talk, share this with a friend who’s shopping for their first park, and leave a review if you want more conversations like this. What would your offer look like, and why? Support the show 🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587 Instagram :  / travisclaywells  ​ TikTok: / travisclaywells  ​ Linkedin: / traviscwells

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5
out of 5
24 Ratings

About

Welcome to "Property Prophets," the ultimate podcast for real estate enthusiasts and investors. I'm your host, Travis Wells, and I'm thrilled to have you join me every single week as we dive into the world of property profits. In each episode, we bring on a specialist who excels in a specific area of real estate. Whether it's retail, big commercial properties, luxury real estate, flipping houses, or even land development, we've got you covered. Our guests are true masters of their craft, and they're here to share their expertise, insights, and success stories with you. But it doesn't stop there. At the end of each podcast, we have a special segment where our mastermind group joins in. This group is filled with avid learners and aspiring investors who bring their real-time, real-life questions for our guests. Together, we create an engaging Q&A session that provides practical knowledge and solutions for everyone. Join us on "Property Prophets" as we explore the intricacies of the real estate industry and unlock the secrets to property profits. Whether you're a seasoned investor or just starting out, this podcast is designed to inspire, educate, and empower you to achieve your goals in the world of real estate. So, don't miss out on this incredible opportunity to learn from the best in the business. Tune in to "Property Prophets" and let's embark on this exciting journey together!

Information

  • Creator
    Travis Wells
  • Years Active
    2023 - 2026
  • Episodes
    263
  • Rating
    Clean
  • Copyright
    © 2026 Property Prophets
  • Show Website
    Property Prophets

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