Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
Business:Investing
Welcome to Episode 115 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Denny Stone is based out of San Diego, California and is the owner of So Cal Vintage Trailer, which restores vintage trailers to running and functional condition. Denny shares his restoration process, what he likes about these vintage trailers and the types of people who are most attracted to these trailers.
Key Takeaways:
[1:30] What did Denny do before he got into vintage RVs?
[2:55] How does Denny find his trailers?
[5:35] How long does it typically take to renovate a trailer?
[7:50] How does Denny find the right parts for the vintage trailers?
[10:10] Denny shares how he finds his talent and what the process looks like.
[15:20] What makes a Spartan trailer different than the ones available today?
[19:10] What other brands of trailers does Denny work on?
[20:25] How much does the average restoration cost?
[23:25] What kinds of modern upgrades does Denny add to these trailers?
[25:45] Are there some aspects of the trailers in the 40s and 50s built better than trailers today?
[28:50] Does Denny work on any mobile homes?
[30:25] There are three types of markets or people who buy these types of trailers.
[34:35] Denny shares some funny restoration stories.
[36:15] Does Denny do any modifications for pets?
Mentioned in This Episode:
Park Street Partners
Investment Opportunities
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to Deals@parkstreetpartners.com
Socalvintagetrailer.com
Call Denny: 619-857-1847
EP015: Tales from the Road to Closing
EP014: How to Partner with Park Street Partners and/or 'Bird Dog' for us
EP013: Capital Expenditure (CAPEX) Items and Your Mobile Home Park
EP012: Part 3 - What to Do Over the First 30 Days of Owning Your Mobile Home Park
EP011: Part 2 - What to Do Over the First 30 Days of Owning Your Mobile Home Park
EP010: Part 1 - What to Do Over the First 30 Days of Owning Your Mobile Home Park
EP009: Closing – Money Goes One Way and Title Goes the Other
EP008: The Benefits of Seller Carry – aka Seller Financing
EP007: Third Party Reports – The Phase 1, The Survey, and The Appraisal
EP006: Persistence Pays – Financing Your Mobile Home Park Investment
EP005: Initial On-Site and Off-site Diligence on Mobile Home Parks (Part 2)
EP004: Initial Off-Site Diligence on Mobile Home Parks
EP003: Demographic trends - stable and growing need for affordable housing
EP002: How To Find a Mobile Home Park to Purchase
EP001: Why the Mobile Home Park Industry Is A Compelling Business
EP000: Introduction: World's First Podcast Dedicated to Mobile Home Park Investing, And Why You Should Care
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