Property Prophets

Travis Wells

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. 18h ago

    Holiday Weekend Repairs

    Send us Fan Mail A holiday weekend is supposed to be quiet, right up until an RV tenant calls saying the power is out, it’s getting dangerously hot, and they’re sitting in the car with their dogs. I’m Travis Wells, and I’m sharing what a real “day in the office” looks like when you own and operate an RV park and you’re self-managing while building a growing park portfolio. The details matter here, because the difference between a $50 check and a blown-up maintenance budget often comes down to how you respond in the first five minutes. We talk through a common trap in RV park property management: assuming every electrical complaint is a pedestal or park wiring problem. I break down my thought process for staying calm, sending the right person to verify the issue, and setting expectations when the problem is actually inside the tenant’s unit. From there, the day escalates with a major water leak and a fast plumber dispatch, plus the practical rule that protects you in emergency repairs: get the price before digging starts. The bigger takeaway is vendor management. I explain why you need multiple reliable people, when to use a handyman versus a licensed plumber or electrician, and how to stop getting gouged by building a preferred vendor list. I also share how we track vendors by park and city inside an operations tracker so the system works even when the team is off. If you’re serious about RV park investing, mobile home park operations, and running lean without cutting corners, this one will sharpen your playbook. Subscribe, share it with someone who owns property, and leave an honest review so more operators can find 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 min
  2. 1d ago

    Tiny Home Cash Flow

    Send us Fan Mail The internet loves a hot take, especially when money is involved. I posted a tiny home I sold on a rent-to-own and got flooded with comments like “That’s just a $10,000 shed.” So I do what I always do on Property Profits: I pull the deal apart, show the math, and explain why the people yelling the loudest usually do not understand the real costs of a livable tiny home. I walk you through the full tiny home investing process from start to finish. You’ll hear how I found the unit through a bad OfferUp listing with blurry photos and almost no description, why price drops can signal opportunity, and how I negotiated from a low opening offer to a $17,000 purchase by identifying the seller’s real motivation. We also cover the practical stuff that makes or breaks your numbers: transporting the home, leveling, electrical and plumbing hookups, and small build-out costs like steps and a deck. Then we get into the structure that creates the cash flow. I explain how I market these homes, why I like rent-to-own agreements to limit maintenance responsibility, and how an $875 monthly payment over 16 years can add up to more than $150,000 in total revenue. I also share a quick example where I chose a straight rental instead, because the right strategy depends on the people and the situation, not your ego. If you’re interested in tiny homes, rent-to-own, creative real estate investing, or building predictable monthly cash flow, hit subscribe, share this with a friend who needs a push, and leave a review with what you want me to break down next. What part of the deal would you negotiate differently? 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

    11 min
  3. 2d ago

    When Your On-Site Manager Quits

    Send us Fan Mail Your on-site manager can make your RV park feel calm and profitable, or chaotic and exhausting. When mine quit with a simple text about “fully enjoying retirement,” it forced a hard look at what actually matters in on-site management: clear standards, tight communication boundaries, and a system that doesn’t depend on one person to hold the whole park together. We walk through what a strong on-site manager should do day to day, especially when you manage virtually and only visit monthly. Think practical updates, spotting small issues before they turn into big repairs, helping new tenants feel oriented, and keeping the property looking cared for without stirring up drama. I also share a real-time red flag I got from a potential replacement and the exact boundary I set around late-night messages and business-hours communication. The big takeaway for RV park investing and mobile home park operations is simple: don’t rush to hire just to “fill the role.” Instead, test a local handyman or handywoman with paid projects like steps, minor leaks, basic fixes, and property drive-throughs. You get proof of reliability, pricing, and professionalism before you ever offer free rent, a park host arrangement, or an on-site manager deal. We also talk about vendor pricing discipline, written agreements, and why separating property management from on-site help can save you from burnout. If you’re building a stable park business with steady cash flow, listen through the end and steal this playbook. Subscribe, share this with another park owner, and leave a review so more investors can find 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

    12 min
  4. 4d ago

    The Deal I Almost Skipped

    Send us Fan Mail I came dangerously close to passing on a real estate deal that turned into one of the best opportunities in my portfolio, and it wasn’t because the market was wrong. It was because my mindset was. I’m Travis Wells, and I walk you through a mobile home park investing story where the property had city sewer, city water, and over 100 spots in a location with real demand, but it kept expiring on the market because the pricing didn’t match the current income.  You’ll hear how I used a lease option to control the deal while I worked the value-add plan, why infrastructure and utility problems slowed my expansion, and how that pressure pushed me toward fear and scarcity thinking. Then the whole thing flips when I bring in the right partner. He sees what I missed: buying near land value can limit downside, and depreciation strategy can create real flexibility while you execute infill and improvements.  I also share the simple math that made me commit, including how added capital can translate into meaningful monthly revenue, plus the hard rules I live by: take emotions out, ask “how do I lose?”, and always do what you say you’ll do with sellers, investors, and partners. If you’re trying to raise capital, scale a portfolio, or get serious about value-add real estate, this is the kind of real-world story that can save you from walking away too early. Subscribe, share the show with a friend, and leave a review if it helps you think bigger with smarter risk. 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

    11 min
  5. 5d ago

    Buying Ugly Mobile Home Parks

    Send us Fan Mail Ugly mobile home parks can be the best deals you’ll ever find and the fastest way to lose money if you don’t know what you’re walking into. We talk candidly about why distressed assets like tall grass, big vacancy, unpaid bills, and back taxes often signal real opportunity, and why the only way it works is if you can actually fix the problems instead of inheriting them. We break down how we underwrite mobile home park investments based on the income the property brings in today, not the rent the seller wishes they were collecting. From a park with massive vacancy to the reality of infill, we dig into the questions that protect your downside: Do the water, sewer, and electric hookups actually support new homes, or will you be rebuilding infrastructure pad by pad? What does it cost to replace cast iron sewer lines or locate buried water taps? And when the seller is in distress, how often is the real issue simply that they ran out of capital and couldn’t keep up? On the operations side, we get specific about what we change on day one: moving rent payments to a digital tenant portal, tightening collections, enforcing leases, and running evictions with clear processes even when you manage remotely. We also share our tenant screening approach for lower-income areas, how we set expectations upfront to protect good residents, and how small standards add up to a cleaner, safer community. Finally, we talk deal sourcing for off-market mobile home parks: driving parks, talking to managers and residents, skip tracing owners, and using expired listings as a powerful distress signal. If you got value from this, subscribe, share it with a friend, and leave a review. What’s the biggest red flag you look for when a “deal” seems too cheap? 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

    14 min
  6. Jun 27

    Infill Mobile Homes That Cash Flow

    Send us Fan Mail Empty pads don’t just look bad, they quietly drain your mobile home park cash flow every month they sit vacant. We put real numbers behind a value-add infill plan and show what it actually costs to place four homes, hook up utilities, and get to stable monthly income without relying on a glossy pro forma. I’m Travis Wells, and I break down phase one of an infill project inside a 140-unit park, including why I only bring in four units at a time to prove the model. You’ll hear the exact budget line items that decide whether your deal works: purchase structure, transport pricing, electrical pedestal upgrades, breaker and wiring requirements, plumbing reroutes in older parks, and the often-missed HVAC costs like refrigerant and licensed disconnects. I also share the sourcing paths that produced these homes, from wholesaler relationships to auction saves to subto-style takeovers that preserve cash. Then we get into the real-world problems investors don’t post about: vacant units getting broken into, auction logistics that require cash and perfect timing, transport damage that forces unexpected repairs, and a brutal lesson when a home is placed too close to a power line easement and has to be moved again. We close with the math on returns, how rent-to-own shifts maintenance responsibility, and why vendor relationships plus city cooperation can make phase two far easier than phase one. If you want more transparent mobile home park investing breakdowns and real infill lessons, subscribe, share the show, and leave a review. What cost line item do you think gets underestimated the most? 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

    19 min
  7. Jun 26

    Off-Market Or Bust

    Send us Fan Mail Most investors waste months fighting over the same listed deals, then act surprised when the numbers don’t work. We take the opposite route: call owners who aren’t “selling” yet, build real relationships, and uncover off-market mobile home park opportunities where price and terms are actually negotiable. That’s where the repeatable wins live, especially if you’re chasing value-add, infill, and cash flow instead of trophy assets.  We break down why on-market listings get brutally competitive, how “highest and best offer” pushes buyers into overpaying, and what makes off-market acquisitions far more controllable. Then we walk through real deal examples, including a recent contract driven by follow-up after an expired listing, seller financing with a 35-year amortization to hit a target payment, and another negotiation aiming for a 0% interest seller finance structure. We also talk about when assignments make sense if a park doesn’t fit our buy box.  You’ll get the exact, no-magic sourcing playbook we use: pull expired listings, scan Google Maps for every park in an area, get owners into a simple spreadsheet, and start calling. We explain how we label leads in a clean pipeline, why “not selling” can still mean “buying,” and how a buyers list increases your options when a deal doesn’t match your personal criteria. If you want more off-market mobile home park deals, stronger negotiating leverage, and a system you can repeat every week, hit play, subscribe, and share this with a friend who’s still only chasing listings. 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

    10 min
  8. Jun 23

    Mobile Home Park Due Diligence Checklist

    Send us Fan Mail A mobile home park can look perfect at the first walkthrough and still turn into a money pit once you start pulling threads. We put our full mobile home park due diligence checklist into plain language and explain the mindset that keeps investors out of trouble: get a good deal on paper, then prove it’s real, and don’t get emotionally attached before the facts show up. We start with income verification that goes beyond a rent roll. We talk about confirming rents by speaking with tenants, documenting every lot, and understanding what residents like and hate about the property. From there, we dig into the biggest hidden risk areas in mobile home park investing: utilities and infrastructure. City sewer vs septic, city water lines and plumbing condition, drainage after heavy rain, and why flood zone insurance quotes can make a deal stop penciling fast. Along the way, we share real numbers from the field, including what septic pumping can cost when you inherit deferred maintenance. Then we connect the physical reality to the financing reality. We cover park-owned homes vs tenant-owned homes, electrical hookups and meter box upgrades, road quality, and the “livability” factors that drive occupancy like bus stops, groceries, and laundromats. We also hit the non-negotiable professional reports that protect you on resale, including a Phase I environmental study and a proper survey so you know exactly what you own. If you want the free PDF version of the checklist, reach out, then subscribe to Property Profits Podcast, share this with an investor friend, and leave a quick review so more buyers learn due diligence the right way. 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

    12 min
5
out of 5
26 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!

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