Interview with Owner/ Operator Roger King of Kings Unlimited LLC

Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew interviews Roger King, founder of Kings Unlimited LLC.

Roger King operates a multifaceted real estate portfolio exceeding $50 million in asset value, strategically spread out across 13 states throughout the United States. Notably, his main focus is on fixing up and investing in mobile home parks.

In this episode, Andrew Keel and Roger King explore the importance of avoiding analysis paralysis and embracing calculated risks for substantial success in mobile home park investing. They discuss and emphasize the necessity of taking chances to achieve significant (above market average) returns. Additionally, they dive into their mobile home park investing deal criteria, with Andrew setting a threshold of above 50 lots and access to public utilities within 40 minutes of a metropolitan statistical area (MSA) and a population of at least 50,000. Roger, on the other hand, discusses his preference for properties at least hovering around 60% occupancy to ensure cash flow from day one.

Roger King shares pearls of wisdom detailing his proven model and strategy for mobile home park investing, along with insights from his 27 year real estate investing journey. Through his experience, listeners will gain valuable insights into the actions that have propelled Roger to success in mobile home park investing, affording him the luxury of reaping rewards while unwinding on the beaches of Puerto Rico where he lives for the tax benefits(which they talk about) and lifestyle preference.

***Andrew Keel and Keel Team Real Estate Investments (Keel Team, LLC) do not endorse any interviewee. This interview is for informational purposes only and should not be depended upon for investment purposes. ***

Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 3,000 lots under management. His team currently manages over 40 manufactured housing communities across more than 10 states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Check out KeelTeam.com to learn more.

Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews:  https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy, Andrew’s team usually moves on location during the first several months of ownership. Find out more about Andrew’s story at AndrewKeel.com.

Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 500 total 5-star reviews, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show.

Would you like to see value-add mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome vide