Making Millions in Mobile Home Parks
Manage episode 405903703 series 3552130
Episode 8 with Derek Vickers
“And so, I would tell people to go all in on something that you know is right. Like, I had a full understanding that these parks - we had done it before in another park - I was like, ‘Dude - these are sure fire things.’ There was no hesitation. If I have to hesitate to wire 50 grand. Then you shouldn't do it. But with the mobile home parks it was like boom, no hesitation.”
Join Glenn as he interviews Derek Vickers, a mobile home park owner from Orlando, Florida. Derek is the owner of 38 mobile park home communities, as well as the owner of Vicktory Real Estate Group. Since leaving his 9-to-5 in the insurance business, he now coaches others in mobile home park investments and hosts the podcast, The MHP Show.
Glenn and Derek discuss:
· Using experience from the insurance business as a real estate investor
· Derek’s first mobile home park property
· Challenges in managing mobile home parks
· Converting park owned homes to tenant owned homes
· Refinancing mobile park home properties
· Mobile home park properties versus apartment properties
· Knowing when to buy and invest in a deal
· Derek’s coaching business and podcast
Episode Links:
LinkedIn: @derek-vickers-0774b146/
Facebook: @DerekVickers
Instragram: @derekvickers885
X (formerly Twitter): @derekvickers885
Podcast: The MHP Show
https://vicktoryrealestategroup.com/
Mobile Home Park Investment Master Class
Shut Up and Listen! Hard Business Truths that WIll Help You Succeed by Tilman Fertitta
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THE MILLIONAIRE JOURNEY
https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney
Podcast Management by Kelly Carlson Creative Services
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