EP079: MHP 2.0 - Taking Your Investing To The Next Level (1 of 2)

Welcome to Episode 79 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. On today’s show, Jefferson plays the talk he did at the SECO conference about how you can take your mobile home investing to the next level and scale up! This is a part 1 of a two-part interview, so keep your eyes peeled for the second recording coming out soon!

 

Key Takeaways:

[7:25] Jefferson will discuss today how he’s grown from being a sole proprietorship to running an organization that runs parks, buys parks, and produces financial reports for his investors.

[11:00] When Jefferson first started Park Street Partners, he was working 3 jobs.

[14:20] Jefferson discusses the staff he’s brought on and the kinds of responsibilities they each have.

[20:15] Jefferson discusses the growth his company has had over the last 3 years.

[20:45] If Jefferson had to do it all over again, the first person he should have brought on should have been the asset manager.

[22:15] If you have over 1,000 pads, that’s when you should consider finding someone to help manage deal flow.

[24:40] Jefferson uses a project management software called Asana to help keep track of each property.

[26:50] How does Jefferson manage the accounting side of things?

[27:55] Stay tuned to the second part of this talk to hear more of what Jefferson has to say about Rent Manager!

 

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

Asana.com

Rentmanager.com