On this episode of The Mobile Home Park Lawyer, Ferd talks about the top 10 formulas you need to know to be a real estate investor or syndicator. These 10 formulas will help you secure a bank loan if you’re considering syndication. HIGHLIGHTS: 0:00 – Intro 1:50 – What are the top 10 formulas you need to know to be a real estate investor or syndicator? 4:24 – Net operating income – Amount by which operating revenue exceeds operating expenses … Continue reading “Ep. 38 | 10 Financial Metrics Every Syndicator Must Master”
Ep. 37 | Syndication – Start with The Basics
On this episode of The Mobile Home Park Lawyer Podcast, Ferd goes through all things syndication, discussing the high-level layout of what syndication is. Enjoy! HIGHLIGHTS: 0:00 – Intro 1:11 – A syndication is a partnership or a joint project 1:47 – Usually there are distinct roles within the syndication 1:48 – There are many different splits with returns which should all be documented 3:45 – If there’s someone doing work for money, they are a promoter 4:18 – The … Continue reading “Ep. 37 | Syndication – Start with The Basics”
Ep. 36 | MHP Owner Interview with Jonathan Tuttle – Using Digital Marketing To Generate More Leads and Sell More Homes
On this episode of The Mobile Home Park Lawyer Ferd talks to Jonathan Tuttle, a digital marketing expert and mobile home park owner. Jonathan explains how to use marketing to boost your online presence and shares some tips on how to get more interest in your ads. “Psychology is the number one thing when it comes to marketing, it’s just understanding your audience.” HIGHLIGHTS: 0:00 – Intro and background on Jonathan 6:14 – Facebook Marketplace is like an ad in … Continue reading “Ep. 36 | MHP Owner Interview with Jonathan Tuttle – Using Digital Marketing To Generate More Leads and Sell More Homes”
Why investors investing in MHPs prefer private funds over public REITs
REITs have long been a favorite vehicle of Main Street investors looking to invest in the commercial real estate (“CRE”) class without the high capital requirements, learning curve, and headaches involved with investing directly. For investors interested in the manufactured home/mobile home (“MH”) segment, REITs focused on operating mobile home parks (“MHP”) are a favorite option. For example, Equity Lifestyle Properties (ELS), Sun Communities(SUI), and UMH Properties (UMH)s are three popular MHP REITs, accounting for roughly $25 billion in market value. While many investors are … Continue reading “Why investors investing in MHPs prefer private funds over public REITs”