Property Prophets

Property Prophets

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Property Prophets episodes

  • Phase Two: Adding 40 More Homes

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    Craters for roads, a neglected property, and a community that needed real infrastructure, not hype. We’re in South Texas working through a phased mobile home park turnaround, and I’m sharing what phase two actually looks like when you’re serious about scaling: a large raise to bring in 40 more units and move the park from about 40 paying tenants to roughly 80 homes.

    I talk through the unsexy upgrades that make everything else possible, including electric work, water and sewer, meters, cleanup, mowing, and signage. We also get into the road situation, why potholes became a priority, and how partnering with people who do construction for a living can save you from getting crushed on costs. Then there’s the real-world side of doing visible work: you post progress, someone laughs at it, and you learn fast that you’re never going to make everybody happy.

    You’ll also hear a transparent budgeting breakdown for expansion, including how I think about an all-in cost per spot (around $25,000), what hauling can run, and why hookups and small items can quietly become the biggest line. If you’re into mobile home park investing, value-add real estate, raising capital, or building cash-flowing communities in phases, this is the play-by-play you can learn from. Subscribe, share this with a friend, and leave a review with the one question you want me to answer next.

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    7 min
  • Win In Any Market

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    Everyone’s got an opinion about why the market is “bad” right now, but I don’t think that story helps you close your next deal. I’m Travis Wells, and I want to reframe the whole conversation: cycles change, pricing moves, headlines get dramatic but disciplined investors still win because they focus on controllables. If you’re in real estate investing and your deal flow feels slower, this is the mindset and process check you need.

    I walk through what “buy right” actually means in practice, especially for real estate that’s driven by operations. We talk about underwriting based on NOI (net operating income), looking for real value add potential, and making sure the numbers make sense whether you’re buying a home, a mobile home, or a mobile home park. If prices are down, they’re down across the board. If they’re up, they’re up for everyone. Your challenges aren’t unique, and neither are your options.

    Then we get tactical. My business doesn’t depend on guessing the market, it depends on repeated drivers: making calls, generating leads, networking, talking to my sphere, and putting out content so opportunities find me. I also share why I pivoted from single family to mobile home parks to increase my output and align with bigger goals like building equity faster and growing a property management company.

    If you want results regardless of the market, get crystal clear on your goal, identify the drivers that create deals, and do them consistently and if they’re not working, overdo them. Subscribe to the Property Profits Podcast, share this with a friend, and leave a review so more investors hear it.

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    7 min
  • Cabins Beat RV Spots

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    A small RV park deal can look simple on paper until you hear the real questions behind the numbers. We’re on a call with Jeff, the owner of a South Texas built park near Mount Vernon, and Travis, an operator who buys and expands parks for a living. The property has 10 acres in the current park footprint with eight cabins and 10 RV spots, about $10K a month coming in, and a tenant base driven by long-term workers tied to solar farms and new lithium development. Right away, the conversation turns from surface stats to what actually holds value: occupancy, utilities, and the unit mix that keeps money predictable.

    We dig into expansion potential and infrastructure realities: how many more pads could fit, what a new septic system might cost, how electric is metered, and why fiber internet can change demand for long-term stays. Jeff explains why he chose cabins as competition increased for RV pads, then breaks down the real economics between pads and cabins when you include electric, water, trash, and internet in the monthly rate. If you care about RV park investing, cap rate, and NOI growth, this is the kind of practical detail you rarely get in a listing.

    Then we get into the negotiation. Jeff shares valuation expectations and what cash he needs to feel good walking away, while Travis floats a seller financing structure around a $675K price point and explains how “holding paper” typically works, from down payments to amortization and balloon terms. They also kick around upside ideas like glamping and a wellness angle, but the buyer’s focus stays clear: buy it as-is, stabilize cash flow, and only expand once operations are proven.

    Subscribe for more real-world deal talk, share this with a friend who’s shopping for their first park, and leave a review if you want more conversations like this. What would your offer look like, and why?

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    29 min
  • The Due Diligence Checklist That Saves Deals

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    A broker can send a pretty rent roll all day long, but that does not mean the money is real. We get into the due diligence moves we use to confirm income, uncover risk, and avoid the kind of “great deal” that quietly bleeds cash after closing.

    We walk through the core documents we request when buying a mobile home park or RV park, including trailing twelve months (T12) financials, the current rent roll, and the often-missed step that changes everything: bank statements. If the deposits do not reconcile with the rent roll and financials, we explain why that is a red flag and how to push for proof before you commit.

    Then we shift from spreadsheets to the stuff you actually inherit. Utilities and infrastructure are yours the moment you close, so we talk through reviewing utility bills, understanding who pays what, and paying qualified pros to inspect water lines, sewer lines, wells, and septic systems. We also cover tax assessments and why a reassessment can impact your underwriting, plus the tenant realities you need to understand before you meet residents.

    If you are planning a value-add strategy, we explain why we email counties and jurisdictions during due diligence to confirm what you can and cannot do, especially when “extra land” is tempting but septic capacity, permits, and rules can block growth. Subscribe to Property Profits Podcast, share this with a friend buying their first park, and leave a review so more operators learn to verify before they buy.

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    9 min
  • Discipline Shows

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    A lot of people treat fitness like a side quest. I’m making the case that it’s closer to due diligence. When I’m choosing business partners, I pay attention to discipline, energy, and standards, and one of the clearest signals I see is how someone takes care of their body. That opinion will rub some people the wrong way, and that’s fine, but it comes from a simple belief: how you do one thing is how you do everything.

    We break down what “being in shape” actually means beyond showing up at the gym. I talk through the unglamorous stack that creates real health: sleep, nutrition, training, mental health, and lifestyle choices that stay consistent when life gets busy. For entrepreneurs, real estate investors, and operators, this connects straight to productivity and performance. If your brain drives your decision making, and decision making drives your business results, then protecting your cognitive abilities is not optional.

    Then we go deeper on consistency versus motivation. Motivation fades fast. Consistency is identity. I share how I track meals, train on a structured schedule, and apply the same tracking mindset to business data and relationships, including planned date nights. If you want more money, better decisions, and healthier relationships, start by treating your body like an asset you refuse to neglect. Subscribe to Property Profits Podcast, share this with a driven friend, and leave a review with your honest take: do you agree with my “fitness equals discipline” rule?

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    9 min
  • Say No And Win

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    If you keep telling yourself you “really want” a certain business, but your days are still packed with everything else, you’re not stuck you’re split. I’m Travis Wells, and I’m walking through the mindset and operating shift that finally got me to stop chasing single family house leads and go all in on mobile home park investing and RV park investing. That one decision changed what I work on, who I talk to, and how my deal flow shows up.

    I share the real reasons I moved away from the constant grind of competing for wholesale deals, watching half of them die, and getting pulled into distractions that looked profitable on paper. Parks gave me the kind of cash flow, equity growth, and long-term control I couldn’t ignore, but it only started working at a higher level when I put 100% of my energy there. That meant building systems, talking to park owners and brokers every day, underwriting consistently, and even wholesaling park deals that don’t fit while buying the ones that do.

    We also get honest about delayed gratification. Choosing your lane doesn’t mean the money instantly appears. You have to solve the day-to-day income problem, keep pushing through the learning curve, and protect your focus like it’s part of the business model. If you’ve been doing your “real goal” part time, or you’ve been thinking about making the leap, this will help you pressure-test what you want and commit with intention.

    Subscribe for more real estate investing lessons, share this with a friend who keeps getting distracted, and leave a review with the one thing you’re ready to say no to.

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    7 min
  • Incentive Drives Behavior

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    Incentives can quietly shape everything your team does, for better or worse. Travis Wells shares the simple principle he heard from a high-level mentor and never stopped using: incentive drives behavior. From virtual assistants to in-person staff, the way you pay people becomes the way you train people, because your compensation plan tells them what “winning” looks like every single day. 

    We walk through how we structure pay for a fully remote VA team using a steady base plus performance-based commissions, and why salary alone often turns stale over time. Travis explains the “fat cat syndrome” problem, how over-comfort can reduce urgency, and why a base should create stability without removing the drive to grow. Then we get specific about a teamwide commission model where everyone gets paid when any deal closes, including how this changes collaboration, onboarding, training, and deal velocity. 

    We also dig into why we rarely give base raises and instead revisit commission structure as the main incentive lever, especially when the goal is more revenue. If you run a business with measurable outcomes such as leasing, rentals, sales, or service delivery, you’ll leave with practical ideas for building an incentive structure that rewards results, encourages teamwork, and keeps motivation high without creating internal competition. Subscribe to the Property Profits Podcast, share this with a business owner who’s rebuilding their pay plan, and leave an honest review with your biggest incentive question.

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    7 min
  • The Virtual Office Blueprint

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    Your real estate business shouldn’t require you to answer every call, chase every vendor, write every agreement, and babysit every task just to keep the wheels on. We share how we built a completely virtual office where virtual assistants handle the daily operations across properties and parks so we can actually lead, not just react. If you’ve wondered whether a VA team can do more than basic admin work, this conversation lays out what it looks like when VAs truly run the machine. 
     
    We walk through the progression: starting with a personal assistant VA, then adding a VA bookkeeper to keep transactions organized long before tax time, and building specialized support for acquisitions, dispositions, leasing, screening, background checks, and tenant communication. We also get into real-world property management and RV park operations, including vendor lists, escalation paths, and coordinating with boots-on-the-ground on-site managers. When urgent tenant issues hit at night or on weekends, coverage matters, so we explain why a dedicated evening shift can protect both your sanity and your marketing spend by responding to leads fast. 
     
    The backbone is process. We talk about turning daily work into SOPs by having team members document what they do in the moment, often with video recordings that become written steps. That documentation makes onboarding faster, improves consistency, and reduces the need to retrain the same tasks over and over. We also cover a key hiring filter: every role needs a clear ROI, either by generating revenue or by giving you more capacity to do the work only you can do. 
    If you found this helpful, subscribe to Property Profits Podcast, share it with a real estate operator who’s buried in tasks, and leave a quick review. What’s the first responsibility you’d hand off to a VA?

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    7 min
  • Consistency Wins

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    You can feel tired and still be reliable, and that might be the most valuable skill you ever build. Travis Wells records on a low-energy day on purpose, because that’s when your habits either hold or collapse. If you’ve ever told yourself “I’ll do it tomorrow,” this is the gut-check you need, delivered with the honesty of someone who’s hungry, worn out, and still getting the work done anyway. 

    We talk about consistency and discipline through two lenses that make it impossible to hide from the truth: bodybuilding and real estate investing. On the fitness side, it’s the unsexy stuff that creates transformation, planned meals, tracked data, daily steps, treadmill work, and sticking to targets even when cravings hit. On the business side, it’s the same principle applied to calls, team meetings, team building, and the daily operations that create real momentum in entrepreneurship. The big point is identity: when you repeatedly do what you said you’d do, you become the kind of person who follows through everywhere. 

    Travis also challenges the “one miss doesn’t matter” story. Whether you break a streak on day one or day one hundred, you’re teaching your mind that promises are negotiable. The alternative is stacking base hits: consistent daily actions that look small until they compound into undeniable results. If you want more discipline, a stronger mindset, better fitness, or more consistent business growth, press play and borrow this framework. Subscribe to Property Profits Podcast, share this with a friend who needs a push, and leave a review telling us what habit you’re locking in this week.

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    8 min
  • Seller Financing For Mobile Home Parks

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    A park owner tells you their mobile home park is worth top dollar. Your math says it is not even close. So what do you do next without burning the relationship or wasting a week chasing a fantasy? We walk through two real seller calls that show how we handle high asking prices, find the real reason someone wants out, and use a simple valuation framework to stay disciplined. 

    We start with the process: training a VA to talk to mobile home park owners, pull the basics, and tee up the leads that are worth a direct call. From nine leads, we narrow down to the conversations that have a chance. Then we break down a 22-space park where the owner is a multifamily guy who is tired of being hands-on with park management. That motivation matters, because it makes owner financing and a clean transition more appealing than a perfect price. We talk through the numbers, the NOI reality check, and the terms that can bridge the gap. 

    You will hear how we structure seller financing for a mobile home park with clear components: 20% down, interest that makes sense to the seller, a long amortization for cash flow, and a five-year balloon to give everyone an exit. We also hit the underwriting pitfalls that show up fast, like understated expenses when owners self-manage and how adding property management can change the true deal. We close with a second 19-space park call and the lesson that keeps repeating: price moves when terms solve the seller’s problem. 

    If you care about mobile home park investing, seller financing, underwriting, due diligence, and negotiating with motivated sellers, this one is built for you. Subscribe, share this with a friend who is chasing their first park, and leave a review with the one term you negotiate first.

    Support the show

    🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

    Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

    Instagram :  / travisclaywells  ​

    TikTok: / travisclaywells  ​

    Linkedin: / traviscwells



    8 min

About Property Prophets

From the publisher's feed

Welcome to "Property Prophets," the ultimate podcast for real estate enthusiasts and investors. I'm your host, Travis Wells, and I'm thrilled to have you join me every single week as we dive into…