Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. In this episode, Andrew Keel sits down with Jeff Flynn, a Navy veteran and founder of Aspen Ridge Capital, to discuss his remarkable transition from military service to mobile home park investing.
Jeff Flynn’s journey began during his final year in the Navy, when he worked as a mobile home park broker. Just three days after leaving the military, he fully immersed himself into his first mobile home park acquisition. In a short span, Jeff Flynn scaled his portfolio to eight mobile home parks and continues to focus on expanding his business.
Join Andrew Keel and Jeff Flynn as they explore the strategies that drive successful mobile home park investments. Topics include:
This episode is packed with actionable insights for anyone interested in mobile home park investing, uncovering value-add opportunities, or scaling quickly and effectively in this niche market.
Listen now and start your journey toward passive MHP investing success!
***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 50 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.
Book a 1 on 1 consultation with Andrew Keel to discuss:
Click Here to book the 1 on 1 consultation: https://intro.co/AndrewKeel
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Would you like to see value-add mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions.
00:21 – Introduction to The Passive Mobile Home Park Investing Podcast
01:00 – Jeff Flynn’s inspiring journey: From serving in the military to investing in mobile home parks
06:30 – Building a strong mobile home park portfolio: Jeff Flynn’s experience with syndication and scaling his investments
13:20 – Proven strategies for raising rents effectively in mobile home parks
17:00 – Remote management success: Utilizing virtual assistants and on-site teams to streamline operations
19:45 – The risks of scaling too quickly and how to avoid common pitfalls in mobile home park investing
21:30 – Leveraging artificial intelligence (AI) to optimize mobile home park systems and processes
26:00 – The power of networking: Gaining valuable insights from mobile home park investor conversations and learning through experience
29:18 – Striking the balance: Creativity and discipline in mobile home park buying criteria
30:50 – Unlocking value-add opportunities: Targeting smaller to mid-sized mobile home parks and building relationships with mom-and-pop owners
42:20 – Crafting a solid exit strategy: Why planning your endgame is crucial in mobile home park investing
45:00 – Septic systems vs. city sewer: Weighing the pros and cons for mobile home parks
47:07 – Creative infill strategies and niche tips for optimizing mobile home park occupancy
53:00 – How to connect with Jeff Flynn
53:30 – Closing thoughts and takeaways
SUBSCRIBE TO THE PASSIVE MOBILE HOME PARK INVESTING PODCAST YOUTUBE CHANNEL: https://www.youtube.com/channel/UCy9uI3KGQmFgABsr9lUtRTQ
Links & Mentions from This Episode:
Jeff Flynn on LinkedIn: https://www.linkedin.com/in/jeffaflynn
Aspen Ridge Equity: https://www.aspenridge.info/
Keel Team’s official website: https://www.keelteam.com/
Andrew Keel’s official website: https://www.andrewkeel.com/
Andrew Keel’s LinkedIn: https://www.linkedin.com/in/andrewkeel
Andrew Keel’s Facebook page: https://www.facebook.com/PassiveMHPinvestingPodcast
Andrew Keel’s Instagram page: https://www.instagram.com/passivemhpinvesting/
“It’s easier to get lucky when you’re working hard.” - Jeff Flynn
“Nobody wants to pay more in rent, but they also want to make sure that the (mobile home park) community that their home is–more or less–stuck in, is continuing to be maintained.” - Jeff Flynn
“A lot of it was just sitting down and figuring out, ‘What am I doing that’s working? What am I doing that’s not?’ A lot of it is just learning on the job.” - Jeff Flynn
