The MHP Show

From $0 to 6,000+ Lots in MHP | Episode 77 | Mike Conlon

Listen Later

In this episode, Mike Conlon joins Derek Vickers to share his 20-year journey in mobile home park investing, from his start in 2005 to building a portfolio of over 6,000 lots. Mike shares invaluable insights on scaling a MHP business, managing value-add projects, and adapting to the evolving market landscape.

Key Takeaways:

  • Evolution of MHP Industry: From mom-and-pop operations to institutional investments
  • Project Management Challenges: Insights on managing multiple value-add projects and infrastructure upgrades
  • Importance of investing in quality managers and proper compensation
  • Shift from pure cash flow focus to IRR-driven investments
  • Affordable Housing Crisis: Current market dynamics and supply constraints
  • Success Principles: Taking action, building resilience, and finding the right business formula

    • Resources from Guest:

    🔗 Mike's Book: "Unconventional Wealth" (Published 2015) 


    🆓 Resources to Boost Your MHP Success:

    ● Download Our Free Ebook: https://vicktorycapital.com/free-ebook

    ● Schedule a Strategy Call: https://derekvickers.com/free-strategy-session

    ● Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros



    Want to connect with Derek? 📧 Email: [email protected]
    🔗 Follow Derek on Social Media: @derekvickers885

     

    ...more
    View all episodesView all episodes
    Download on the App Store
    The MHP ShowBy Derek Vickers
    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    16 ratings

    More shows like The MHP Show

    View all
    BiggerPockets Real Estate Podcast by BiggerPockets

    BiggerPockets Real Estate Podcast

    16,836 Listeners

    The Cardone Zone by Grant Cardone

    The Cardone Zone

    3,912 Listeners

    The Best Ever CRE Show by Joe Fairless

    The Best Ever CRE Show

    990 Listeners

    REAL AF with Andy Frisella by Andy Frisella #100to0

    REAL AF with Andy Frisella

    32,534 Listeners

    THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

    THE ED MYLETT SHOW

    14,051 Listeners

    The Game with Alex Hormozi by Alex Hormozi

    The Game with Alex Hormozi

    4,318 Listeners

    Mobile Home Park Mastery by Frank Rolfe

    Mobile Home Park Mastery

    380 Listeners

    The Fort by Chris Powers

    The Fort

    472 Listeners

    Ken McElroy Show by Ken McElroy

    Ken McElroy Show

    715 Listeners

    Passive Mobile Home Park Investing by Andrew Keel

    Passive Mobile Home Park Investing

    241 Listeners

    The Mobile Home Park Lawyer Podcast by Ferd Niemann IV

    The Mobile Home Park Lawyer Podcast

    141 Listeners

    Action Academy | Replace The Job You Hate With A Life You Love by Brian Luebben

    Action Academy | Replace The Job You Hate With A Life You Love

    661 Listeners

    The BetterLife Podcast by Brandon Turner and Cam Cathcart

    The BetterLife Podcast

    833 Listeners

    The MHP Exchange Podcast by The MHP Exchange Podcast

    The MHP Exchange Podcast

    6 Listeners

    The 30-Day Mobile Home Park by The MHP Pros

    The 30-Day Mobile Home Park

    19 Listeners