The MHP Show

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

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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:

    â—Ź Download Our Free Ebook: https://vicktorycapital.com/free-ebook

    â—Ź Schedule a Strategy Call: https://derekvickers.com/free-strategy-session

    â—Ź Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros



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

     

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