Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Justin Donald. Justin is the author of “The Lifestyle Investor”, a book discussing non-traditional ways investors can create the lifestyle they want through cash flow investing. Today, Andrew and Justin discuss mobile home park investing in-depth. In this episode, the guys discuss what passive investors should look out for when investing into their first mobile home park. Justin Donald shares a few of his stories from his first mobile home park investment and what he has learned since in this alternative commercial real estate asset class. Justin Donald’s ethos is to create wealth without creating a job. Tune in for several golden nuggets and don’t forget to pickup a copy of “The Lifestyle Investor” book today!
***Andrew Keel and Keel Team Real Estate Investments (Keel Team, LLC) do not endorse any interviewee. This interview is for informational purposes only and should not be depended upon for investment purposes. ***
Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities.
Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com.
Book a 1 on 1 consultation with Andrew Keel to discuss:
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Talking Points:
00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 02:16 - How Justin started investing 05:45 - Justin’s first few mobile home parks 15:30 - Mistakes we can learn from 17:57 - The most important things that LPs need to look out for when investing in MHPs 21:36 - Justin’s perfect mobile home park 23:55 - How Justin implements his philosophy into investing 29:15 - The future of the mobile home park industry 31:40 - Getting a hold of Justin 33:32 - How Justin stays up to date on investment strategies 35:22 - Conclusion
Links & Mentions from This Episode:
Justin Donald Website: https://justindonald.com/ A free copy of the book: lifestyleinvestorbook.com Love Justice International: https://www.lovejustice.ngo/ “The
Information
- Show
- FrequencyUpdated Weekly
- PublishedFebruary 15, 2022 at 10:30 AM UTC
- Length36 min
- Season1
- Episode71
- RatingClean