Welcome to Episode 58 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This episode is a continuation of last week’s interview with Donald Westphal. Jefferson, Brad, and Donald discuss how older mobile home parks change overtime as the city grows bigger, creating a good image for mobile home parks, and what it takes to make a community as a whole look good. Key Takeaways: [3:15] What kind of land makes it difficult to build a mobile home park? [6:15] As the city gets built up around mobile home parks, the industry begins to lose a lot of older mobile home communities to higher density and higher value property development. [7:35] How many mobile home parks got re-development last year? [10:25] How many new mobile home pads or mobile home park expansions were added last year? [14:35] Donald tries hard to inform people in the community of the benefits of a new mobile home park in the area. [16:30] What do the conversations look like when speaking one-on-one to a mobile home park owner? [21:55] Donald shares a funny story that have happened to him while on the job. 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.net DCWestphal.com Email Donald: Don@DCWestphal.com Call Donald: 248-651-5518
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