The Mobile Home Park Broker's Tips & Tricks To Investing

In this episode of The MHP Broker's Tips and Tricks podcast, Maxwell Baker, president of The Mobile Home Park Broker, interviewed Cole Phillips, president of Phillips Investment Properties, on his experiences buying and managing the mobile home setup and major renovations of a Mobile Home Park in Perry, GA. We also chatted a bit about SECO22, this year's edition of the Southeast Community Owners a...

M HP Brokers Tips and Tricks Podcast, Underwriting 101 In this episode of The MHP Broker's Tips and Tricks podcast, Maxwell Baker, president of The Mobile Home Park Broker, will talk about the basics of underwriting mobile home parks and RV communities.   This and every Tips and Tricks podcast episode are brought to you by The MHP Broker's' proprietary Community Price Maximizer. Use this four-step...

In this episode of The MHP Broker's Tips and Tricks podcast, Maxwell Baker, president of The Mobile Home Park Broker, will explain the principles of Lifestyle Design and how it creates better work/life balance. Then he'll offer eight tips that can help get you and your company there. This and every Tips and Tricks podcast episode are brought to you by The MHP Broker's'  proprietary Community Price...

In this episode of The MHP Broker's Tips and Tricks podcast, the husband and wife team of Max and Kathryn Baker explain how they make the most of running a business while not neglecting to nurture a relationship.    Max and Kathryn are the married co-owners of The MHP Broker. This and all of the Tips and Tricks podcast episodes are brought to you by their proprietary Community Price Maximizer. Use...

In this brief Closing Cocktail episode of The MHP Broker's Tips and Tricks podcast, Max Baker interviews MHP broker Ryan Ramseur on his recent close on FL 46-pad Mobile Home Park, an RV community between Tampa and Gainesville on Florida's popular Gulf Coast.     Max is the co-founder of The MHP Broker. This and all of the Tips and Tricks podcast episodes are brought to you by our proprietary Commu...

In this brief episode of The MHP Broker's Tips and Tricks podcast, Max Baker explains the meaning behind the star system used to describe the layout and condition of mobile home parks.    Max is the co-founder of The MHP Broker. This and all of the Tips and Tricks podcast episodes are brought to you by our proprietary Community Price Maximizer. Use this four-step system to get the highest price po...

In this brief Closing Cocktail episode of The MHP Broker's Tips and Tricks, we chatted with superstar MHP broker Paul Schaaf about his experience selling SC 7-Pad Mobile Home Park in Greenville, South Carolina. As always, this episode is hosted by Maxwell Baker, the co-founder of The MHP Broker, and brought to you by our proprietary Community Price Maximizer. Use our four-step system through which...

In this brief "two-fer" Closing Cocktail episode of The MHP Broker's Tips and Tricks, we discussed two recent deals spearheaded by MHP Broker Eric Wanck. Both communities are in Georgia. We'll first go into the 60-Pad Mobile Home Park deal and then discuss GA 85-Pad Mobile Home Park As always, this episode is hosted by Maxwell Baker, the co-founder of The MHP Broker, and brought to you by our prop...

M HP Podcast Matt Cohen Interview for Gama Sonic In this episode of The MHP Broker's Tips and Tricks, we chat with Matt Cohen of Tel Aviv, Israel-based Gama Sonic Solar Lighting. The company produces top quality outdoor solar lighting solutions for mobile home parks and RV communities.  As always, this episode is hosted by Maxwell Baker, the co-founder of The MHP Broker, and brought to you by our...

In this brief Closing Cocktail episode of The MHP Broker's Tips and Tricks, we chatted with MHP broker Paul Schaaf and what he did to close on SC 77-Pad Mobile Home Park, a sweet park in South Carolina. As always, this episode is hosted by Maxwell Baker, the co-founder of The MHP Broker, and brought to you by our proprietary Community Price Maximizer. Use our four-step system through which we'll h...

In this episode of The MHP Broker's Tips and Tricks, we define stoicism and explain six ways its practice can yield benefits for the buyers, sellers, operators and brokers of mobile home and RV communities. As always, this episode is hosted by Maxwell Baker, the co-founder of The MHP Broker, and brought to you by our proprietary Community Price Maximizer. Just use this four-step system which we'll...

In this brief Closing Cocktails episode of The MHP Broker's Tips and Tricks, Max discussed with MHP broker Eric Wanck the inside story on two recent deals Eric handled: PA 37-Pad Mobile Home Park, and GA 34-Pad Mobile Home Park. As always, this episode is hosted by Maxwell Baker, the co-founder of The MHP Broker, and brought to you by our proprietary Community Price Maximizer. Use our four-step sy...

In this episode of The MHP Broker's Tips and Tricks, we outline the multiple risks in selling your mobile home or RV community through a broker who represents buyers. Maxwell Baker explains the drawbacks for sellers in terms of fewer prospects, weaker or missed due diligence and a broker working for the buyer－not for you.   As always, this episode is narrated by Max, co-founder of The MHP Broker,...

This episode of The MHP Broker's Tips and Tricks podcast is short, but oh-so-sweet. It serves as an introduction to our critically important State of the Industry Report video link. You can get the link by simply submitting your profile to the MHP Broker website here . (link to web page to submit profile and get access?) This episode is narrated by Max, co-founder of The MHP Broker, and brought to...

M HP Podcast Levi Parham Interview Episode In this episode, we interview mobile home broker and used mobile home expert Levi Parham. We talked about market trends for used mobile homes and the benefits of such purchases to mobile home park owners. Then we touched on what's happening in the industry of mobile home movers. As always, this episode is hosted by Maxwell Baker, co-founder of The Mobile...

M HP Podcast Episode 8: Interview with MHP Broker Craig Nielson   Mobile Home Park Broker associate Scott Nielson is a Texas-based broker who joined Maxwell Baker to discuss the very successful marketing strategy and sale of Branching Pines Mobile Home Park in southern Alabama.   Branching Pines is a rather unique community in that it has both mobile home park and RV tenants and the ability to gro...

M HP Podcast Green Acres Deal Review with Eric Wanck In this episode, we check in with The Mobile Home Park Broker Eric Wanck and one of his most recent successes. Eric was the broker who sold Green Acres Mobile Home Park in the Atlanta metro. As always, this episode is hosted by Maxwell Baker, co-founder of The Mobile Home Park Broker, and brought to you by our proprietary Community Price Maximiz...

MHP Podcast Episode 12: Dr. Becker Interview In this episode, we interview Dr. Charles Becker, a Duke University professor of economics and leading expert on the national economics of mobile homes and the mobile home park industry. As always, this episode is hosted by Maxwell Baker, co-founder of The Mobile Home Park Broker, and brought to you by our proprietary Community Price Maximizer. With our...

In this episode, we explain a deal that had its challenges from the first. It shows the value-add from getting the involvement of experienced brokers who've "seen it all" and can save even the most run-away deal. As always, this episode, hosted by Maxwell Baker and featuring MHP Broker's Eric Wanck, was brought to you by our proprietary Community Price Maximizer. With our system and our very exper...

M HP Podcast Episode 9: POH vs. TOH and How Each Type of Residence Should Be Valued In this episode, we explain the difference between a park-owned home (POH), a tenant-owned home (TOH) and a hybrid model that's a little of both. Then you'll learn how each type of housing unit is valued when determining a market price for the community you're thinking of buying or selling.   As always, this episod...

M HP Podcast Episode 8: How to Get Your Mobile Home Park Appraisal Right Every Time   No matter how many mobile home park or RV community deals investors have made in their careers, they can fall victim to three major errors when getting an appraisal for the purpose of buying a property. I'll explain these common errors, or obstacles, and show you how to maximize your profit potential by avoiding...

M HP Podcast Episode 7: Interview with Ziv Carmel and Terry Johnson from Capstan Tax Strategies   Terry Johnson and Ziv Carmel joined Maxwell Baker to discuss tax depreciation strategies that can optimize the value of your mobile home park investment.   Terry and Ziv are with Capstan Tax Strategies, an engineering company that conducts cost segregation strategies for real estate investments to hel...

There's a big misconception in business that people run companies. People don't run companies; processes do.  With the right processes in place, you can double the amount of homes you sell (without worrying that your employees will get burnt out). And the right processes make the entire sales process so easy a child could do it.  In this episode, Ken Corbin — who has sold more homes at his address...

Minimalist living is all the rage — especially for millennials who can't afford the houses their parents bought.  But the minimalist revolution is two-pronged: elderly people also want a place to downsize to in the neighborhoods they lived in for most of their life.  That's why tiny home communities are one of the best investments to make right now.  In this episode, Will Johnston, founder of the...

RTO mobile park homes can be a powerful way to add coins to your piggy bank.  The trouble is there are a lot of variables that can wreck your deal.  In this episode, Eric Wanck, a fellow mobile home park broker, joins me to share his story about closing a RTO mobile park home in Arrowood.  Here Are The Show Highlights: The 5 most important "closing variables" that help you make an extra 20% during...