100 episodes

Are you looking to invest in MHP’s without the headaches of tenants, toilets and trash? If so, you've come to the right place! Welcome to the Passive Mobile Home Park Investing Podcast! This is where you can get most of the education you need to passively invest in the highly profitable investment niche of mobile home parks. Hosted by active mobile home park investor and operator Andrew Keel, this show will guide you through 5 different series, which are: Why invest in mobile home parks?, How to invest in mobile home parks?, What to look for when investing in mobile home parks?, How to vet a mobile home park operator?, And finally, an interview series with mobile home park rockstars! Join us today to find out how you can retire early through the lucrative niche of passive mobile home park investing! This podcast is for informational purposes only and should not be depended upon for investment decisions.

Passive Mobile Home Park Investing Andrew Keel

    • Business
    • 4.9 • 229 Ratings

Are you looking to invest in MHP’s without the headaches of tenants, toilets and trash? If so, you've come to the right place! Welcome to the Passive Mobile Home Park Investing Podcast! This is where you can get most of the education you need to passively invest in the highly profitable investment niche of mobile home parks. Hosted by active mobile home park investor and operator Andrew Keel, this show will guide you through 5 different series, which are: Why invest in mobile home parks?, How to invest in mobile home parks?, What to look for when investing in mobile home parks?, How to vet a mobile home park operator?, And finally, an interview series with mobile home park rockstars! Join us today to find out how you can retire early through the lucrative niche of passive mobile home park investing! This podcast is for informational purposes only and should not be depended upon for investment decisions.

    Interview with Dave Foster of The 1031 Investor

    Interview with Dave Foster of The 1031 Investor

    Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. In this episode of the Passive Mobile Home Park Investing Podcast our host Andrew Keel interviews Dave Foster, Founder and CEO of The 1031 Investor.
    Dave Foster, a seasoned 1031 intermediary investment professional, brings over two decades of expertise in all aspects of real estate investing, ranging from commercial to residential properties. With a degree in Accounting and a Master’s in Management, Dave possesses a deep understanding of 1031 exchanges, enabling investors to strategically leverage these funds for passive investments.
    In this episode, Andrew Keel and Dave Foster dive into the complexities of 1031 exchanges. They explore the advantages of these exchanges for both active and passive investors, strategies for transitioning to passive investing using 1031 funds, and forward-thinking retirement planning, including converting properties into retirement residences. Additionally, they discuss the impact of the 2018 changes on furnishings, fixtures, and equipment (FF&E), as well as the nuances of capital gains taxes and the current tax rates.
    Join the conversation today as Dave Foster shares his extensive real estate investing knowledge and offers invaluable insights into the intricacies of the 1031 Exchange.
    ***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 3,000 lots under management. His team currently manages over 40 manufactured housing communities across more than 10 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. Check out KeelTeam.com to learn more.
    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.
    Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick review. I have a goal of hitting over 500 total 5-star reviews, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your review of the show.
    Would you like to see value-add mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions.
     
    Talking Points:
    00:21 - Welcome to the Passive Mobile Home Park Investing Podcast
    01:11 - A crash course on the 1031 exchange for commercial real estate investors
    08:43 - Using 1031 funds to move into p

    • 29 min
    Interview with Steve Edel & Justin Gonzales from Due Diligence Partners

    Interview with Steve Edel & Justin Gonzales from Due Diligence Partners

    Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. In this episode of the Passive Mobile Home Park Investing Podcast our host Andrew Keel interviews Steve Edel and Justin Gonzales from Due Diligence Partners.
    Due diligence plays a pivotal role in every mobile home park acquisition, whether you're on the buying side or selling side, of a trailer park investing transaction. However, navigating this process can often feel overwhelming, with numerous boxes to check and paperwork to organize before making a final decision. Fortunately, this is where Justin Gonzales and Steve Edel step in from DueDiligencePartners.com.
    As the founders of Due Diligence Partners, Justin and Steve, offer a comprehensive national due diligence service tailored specifically for manufactured housing communities. Managing partner Justin Gonzales, a Navy veteran, entrepreneur and an active real estate investor with over 14 years of experience, has overseen well over a hundred mobile home park due diligence acquisitions. His partner Steve Edel, transitioned from the information technology (IT) field to become an active investor in the mobile home park asset class. Together, they recognized a critical gap in the mobile home park investment industry: the lack of proper and professional due diligence services.
    In this episode, Andrew Keel sits down with Justin Gonzales and Steve Edel to dive into the complexities of evaluating and completing due diligence on mobile home parks. They explore key questions investors should pose to general partners (GPs) before committing capital to a mobile home park syndication, they dive into essential due diligence documentation that should be required, they outline the minimum requirements for a thorough mobile home park due diligence process, and they shed light on the costly mistakes often made by mobile home park operators during due diligence.
    Join the conversation as Justin Gonzales and Steve Edel (also known as Stathis Edel on LinkedIn) from Due Diligence Partners share their extensive knowledge and recount some eye-opening due diligence anecdotes, offering invaluable insights into this essential aspect of mobile home park investing.
    ***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 3,000 lots under management. His team currently manages over 40 manufactured housing communities across more than 10 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. Check out KeelTeam.com to learn more.
    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.
    Are you getting value out of this show? If so, please head

    • 55 min
    Interview with Jordan Nodel of Nodel Parks

    Interview with Jordan Nodel of Nodel Parks

    Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. In this episode of the Passive Mobile Home Park Investing Podcast our host Andrew Keel interviews Jordan Nodel of Nodel Parks.
    Jordan Nodel, the Principal of Nodel Parks headquartered in Bloomfield Hills, Michigan, oversees a diverse portfolio of over 40 mobile home parks spanning across 10 states, including the unique landscape of Alaska.
    On this episode of the Passive Mobile Home Park Investing Podcast, Andrew Keel and Jordan Nodel discuss Jordan's journey into mobile home park investing and the nuanced generational differences in approach when evaluating mobile home park investments and making mobile home park management decisions. They also discuss strategic considerations such as optimal locations for mobile home park investments, emphasizing areas with burgeoning growth and employment opportunities. They also discuss competing in the mobile home park sales market and how short-term investment perspectives often clash with long-term sustainability goals. They both agree on investing in larger, more attractive mobile home park properties, particularly those equipped with essential public utilities for operational efficiency and ideal scale.
    Tune in to uncover Jordan Nodel’s comprehensive outlook on the Mobile Home Park Industry, including his strategies for effectively managing his mobile home park portfolio scattered across the entire United States (from Alaska to Alabama), and Jordan’s insights into what defines “the perfect mobile home park.”
    ***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 3,000 lots under management. His team currently manages over 40 manufactured housing communities across more than 10 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. Check out KeelTeam.com to learn more.
    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.
    Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick review. I have a goal of hitting over 500 total 5-star reviews, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your review of the show.
    Would you like to see value-add mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park

    • 28 min
    Interview with LP Investor Advisor Aleksey Chernobelskiy of Centrio Capital Partners

    Interview with LP Investor Advisor Aleksey Chernobelskiy of Centrio Capital Partners

    Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. In this episode of the Passive Mobile Home Park Investing Podcast our host Andrew Keel interviews LP (limited partner) Investor Advisor, Aleksey Chernobelskiy of Centrio Capital Partners
    Aleksey Chernobelskiy, a prominent figure in the real estate private equity investing community engages with over 3,500 LP investors weekly through his Substack platform and he adds value to a substantial following of over 20,000 on Twitter and LinkedIn. His background includes overseeing a staggering $10 billion real estate portfolio at STORE Capital, a notable public REIT, which comprised over 3,000 commercial real estate properties. Moreover, he spearheaded a 20-member underwriting team at the firm.
    Aleksey holds a quadruple major from the University of Arizona in Finance, Mathematics, Economics, and Accounting.
    In this episode, Andrew Keel and Aleksey Chernobelskiy dive into the intricate world of Limited Partner Investments. They discuss REIT underwriting, effective methods for vetting General partners, identifying reputable GP’s, and establishing investment safety thresholds. They also shed light on the intricacies of commercial real estate deal structuring, evaluating downside risks, navigating assumptions as a LP, along with providing invaluable insights into PPM recommendations and crucial elements to scrutinize within them.
    Join us on this episode as Aleksey Chernobelskiy (LP advisor helping investors with passive real estate positions) shares his wealth of knowledge and expertise on LP investments with us.
    This is an episode not to be missed if you are considering passive mobile home park investments.
    ***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 3,000 lots under management. His team currently manages over 40 manufactured housing communities across more than 10 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. Check out KeelTeam.com to learn more.
    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.
    Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick review. I have a goal of hitting over 500 total 5-star reviews, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your review of the show.
    Would you like to see value-add mobile home park projects in progress? If so, follow us on Instagram:

    • 40 min
    Interview with Tracy Renna of MH Title Brokers

    Interview with Tracy Renna of MH Title Brokers

    Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. In this episode of the Passive Mobile Home Park Investing Podcast our host Andrew Keel interviews Tracy Renna, the Founder and CEO of MH Title Brokers.
    One of the most frustrating things in the mobile home park investing realm is trying to get lost mobile home titles. Getting these mobile home titles fixed and in the correct name of the new owner is where Tracy Renna and MH Title brokers can assist.
    Tracy Renna founded MH Title Brokers over 4 years ago to specialize in the organization and investigative work required to identify and retrieve mobile home titles. Tracy and her team engage with local DMV offices, legal institutions, and title companies, saving mobile home park owners and investors time and frustration.
    In this episode, Andrew and Tracy dive into the topic of sourcing abandoned Mobile Home Titles, not the most glamorous topic, but one that can be an expensive one. They discuss Tracy’s journey and how she founded MH Title Brokers, what you need to know about sourcing abandoned mobile home titles, risks of owning a mobile home, what to do when you can’t find a title or the previous owner of a manufactured home, selling a mobile home without a title, and which states are the most difficult to deal with when it comes to issuing new Mobile Home Titles.
    Join us as Tracy Renna shares her wisdom and experience on the in’s and out’s of sourcing abandoned Mobile Home titles in this episode.
    ***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 3,000 lots under management. His team currently manages over 40 manufactured housing communities across more than 10 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. Check out KeelTeam.com to learn more.
    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.
    Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick review. I have a goal of hitting over 500 total 5-star reviews, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your review of the show.
    Would you like to see value-add mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions.
     
    Talking Points:
    00:21 - W

    • 25 min
    Interview with Jordan Savitsky of 50West Capital

    Interview with Jordan Savitsky of 50West Capital

    Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. In this episode of the Passive Mobile Home Park Investing Podcast our host Andrew Keel interviews Jordan Savitsky from 50West Capital.
    Jordan Savitsky is the principal of 50West Capital, who acquired their first mobile home park in Canton, OH, in mid-2023. Jordan and 50West Capital have several more mobile home parks in their acquisition pipeline. Based in New York, Jordan Savitsky holds a dual degree in Marketing and Supply Chain Management from the University of Maryland.
    Join us on this episode as Jordan Savitsky dives into why he found the mobile home park asset class intriguing, the advantages of owning a storage business, and his approach to acquiring mobile home park investments.
    ***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 3,000 lots under management. His team currently manages over 40 manufactured housing communities across more than 10 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. Check out KeelTeam.com to learn more.
    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.
    Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick review. I have a goal of hitting over 500 total 5-star reviews, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your review of the show.
    Would you like to see value-add mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions.
     
    Talking Points:
    00:21 - Welcome to the Passive Mobile Home Park Investing Podcast
    01:25 - Stumbling into mobile home parks, and loving it because it’s *not* sexy
    06:20 - Why your second mobile home park deal is the hardest
    10:00 - Mobile Home Park Property Management and Utilities
    12:50 - Getting educated in Mobile Home Park Investing
    14:56 - Discovering that initial mobile home park opportunity, seizing on what's intriguing
    17:00 - Aim small, miss small
    19:20 - Storage units and tenants
    21:30 - Mobile Home Park Operators are important
    25:20 - Perfect mobile home parks are different

    • 34 min

Customer Reviews

4.9 out of 5
229 Ratings

229 Ratings

Tayasay ,

Awesome Podcast!!!

Love this podcast! Great information, with thorough research and data. Keep up the good work!!

Iberian Fan ,

Content Frequently Updated

This podcast is ALWAYS posting new content! Very much appreciated; a lot of different perspectives with a real focus on the limited partner aspect of the asset class. Glad I found it!

Clubpenguin1 ,

Insightful podcast

Andrew provides a thorough, transparent insight into the realm of mobile home parks. I have learned a great amount from his episodes. — Manny / MSS Capital

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