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A broker asks why we’re not interested in a mobile home park deal and then gets mad at the answer. That tension turns into a practical mini-masterclass on real estate underwriting, because the fastest way to avoid a bad investment isn’t more confidence, it’s better math.
We break down a 12-unit mobile home park listed around $975,000 that only brings in about $5,000 a month and has no clear value-add path: no extra land, no room to add units, and tenant-owned homes that limit upside. We translate that rent roll into annual income, apply a conservative expense assumption, and land on an estimated NOI that simply cannot justify the asking price. If you’ve ever wondered how investors size up a listing in minutes, you’ll hear the exact steps.
Then we pressure-test the deal using an amortization schedule, because “creative financing” doesn’t change the fact that debt service plus expenses can crush cash flow. We also share simple filters for mobile home park investing like cap rate targets, the 2% rule for smaller parks, and when a 1.5% rule can make sense with seller financing. The bigger takeaway is mindset: don’t argue, don’t force deals, and don’t pay sticker price when the numbers don’t pencil.
If you want a cleaner way to evaluate real estate deals, subscribe, share this with a friend who’s shopping listings, and leave an honest review so more people can learn to underwrite before they buy.
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🎧 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!
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A “for sale” sign in a mobile home park window can be worth more than a week of online scrolling, and we prove it by doing the work live. I’m driving the rows, calling owners, and making offers in real time, including a deal structure that protects cash and still gets the seller to say yes. If you’ve been trying to figure out how to find motivated sellers, buy mobile homes creatively, or build a consistent lead pipeline for mobile home investing, this is the boots-on-the-ground playbook.
We talk through seller financing like we actually use it: how I frame the offer, why I lead with monthly payment and down payment, and how I give the seller two clear options (less cash now or more if they hold paper). You’ll hear the numbers, the language, and the decision points that keep the conversation moving, plus why confidence matters when you’re negotiating. This is especially useful if you’re filling lots in a mobile home park or trying to scale a value-add mobile home park strategy without draining your bank account.
We also get practical about what kills returns: moving costs, setup costs, and the difference between a single wide and a double wide when you’re thinking about relocating a unit. I share the quick filters I use to walk away from overpriced deals, and why physically driving parks and looking for raised hands often beats cold calling.
If you got value from this, subscribe, share the show with a friend who’s into real estate investing, and leave a quick review so more people can find it. What’s your biggest challenge right now: finding deals, negotiating terms, or running the numbers?
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🎧 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
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Everybody wants a partner in real estate until the partnership becomes the deal’s biggest problem. We get honest about why most partnerships are a mistake, how investors give away equity too quickly, and what to do instead when you’re feeling unsure about money, experience, or the unknowns that come with buying property.
I share the two rules I use before I ever consider a real estate partner: they need to be smarter than me in the exact asset class or they need to bring more money than me. We talk through what that looks like in the real world, especially in mobile home parks and RV parks where operations matter, and why “comfort blanket” partnerships can quietly destroy your upside. You’ll also hear why small deals often don’t justify splitting ownership, even if people are asking for a piece of the action.
We also dig into the mechanics that keep partnerships from turning into a mess: operating agreements, clear roles, who does what, how distributions work, and what happens if someone doesn’t perform. And if your real goal is raising capital, we cover alternatives like promissory notes and fixed interest so you can fund a deal without handing away long-term equity.
If you’ve ever had a bad partner, considered bringing someone in just to feel safer, or wondered what a fair structure really looks like, this will help you think with clarity instead of fear. Subscribe, share this with a friend, and leave a review, then message me with your best or worst partnership lesson.
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🎧 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
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Most mobile home park deals that get blasted around social media or shoved into a buyer’s inbox are not deals at all, they are just listings with wishful pricing. We talk about the frustration behind that, but more importantly, we give you a simple way to stop wasting time on parks that will never pencil. If you have ever heard “it makes $10K a month” and felt tempted to chase it without real numbers, this is your reset.
We break down a quick mobile home park underwriting process you can run in about 30 seconds: turn monthly gross income into annual gross, apply a rough expense assumption to estimate NOI, then use a basic cap rate check to ballpark value. You will learn why that $10K/month park is not magically worth $2 million, how to explain the math without getting dragged into endless debates, and how better deal screening protects your name with sellers and buyers.
We also touch negotiation basics and the moment seller financing can change the outcome. When the price is close, “holding paper” and a simple amortization schedule can reveal whether the deal cash flows. And if the owner cannot clearly state income, we show how to build it from pad count, occupancy, and lot rent so you can still underwrite with discipline.
If you want to get better at mobile home park investing, wholesaling, and deal analysis, subscribe, share this with a friend, and leave a review with your biggest underwriting question so we can tackle it 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
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Divorce can make you think smaller. I went the other way. When I needed a place to live, I didn’t sign a lease or lock myself into a new mortgage. I bought a mobile home park, then bought a better one and moved into the on-site cabin. That decision became my first real taste of “mobile home park hacking,” and it set the direction for everything I do in real estate today.
I walk through how the first park was cash flowing but located in a spot I didn’t want to live, and why that pushed me to find a higher-quality park where I could live quietly, learn the operations, and see the real problems up close. From meeting tenants to working on units and tightening up management, the lesson is simple: parks can produce strong cash flow and equity, but they don’t run themselves. If you’re searching for passive income, this isn’t that. If you want a business that can grow net worth fast when you run it well, it’s worth a serious look.
You’ll also hear the numbers behind the transformation: buying a park for $750,000, refinancing at $1.1 million, and seeing an appraisal around $2.2 million after improving the asset. We talk about creative real estate financing, value-add strategy, and the bigger “why” behind it all: freedom as control of your time. If you get value from this, subscribe to Property Profits Podcast, share it with a friend, and leave a quick review so more investors can find 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
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You can tell who’s serious by what they’re willing to do when nobody’s clapping. Lying backstage between pre-judging and finals at a bodybuilding show, I connect the discipline of competition prep to what actually creates wealth in real estate and business: delayed gratification, long feedback loops, and doing the boring work with precision.
We talk about why chasing quick money feels productive but often keeps you stuck, and why bigger goals demand patience and a longer timeline. I share how that mindset pushed me to focus on mobile home parks and other scalable real estate investing strategies, where deal flow can take longer but the payoff can be dramatically larger. You’ll hear how building a track record turns into better opportunities, including partnerships where the operator creates value through execution instead of simply “having cash.”
We also get practical about the mechanics behind the scenes: why the monthly income isn’t always the operator’s paycheck right away, how preferred returns and reinvestment affect timing, and where the real “drips” of income can come from, like acquisition work, infill projects, and dispositions. Then we bring it back to the personal side: taking feedback, staying in alignment with your goal, saying no to distractions, and letting compounding do what it always does for consistent people.
If you want stronger work ethic, clearer goals, and a mindset built for long-term real estate success, press play, then subscribe, share with a friend, and leave a review. What goal are you committing to for the long haul?
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
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Wiring money for a tiny home can feel like a gamble if you don’t have a process, and I’ve learned the hard way that “good deals” can still bleed you with moving costs, bad paperwork, or sellers who change their mind. I’m Travis Wells, and I’m walking you through how I just lined up two new tiny homes at steep discounts and how I protect myself so I can keep buying consistently without cash stress.
You’ll hear the exact checkpoints I use before I accept an assignment from a wholesaler, including why I won’t let anyone rush me with fake urgency. I share what I look for during a fast walk-through, how I split deposits to keep both sides safe, and how seller motivation (like converting space into high-demand RV spots near Austin, Texas) can create opportunity if you ask the right questions.
Then we get tactical on the stuff that quietly destroys returns: transport, decks, fencing, plumbing, and electrical. I break down how one question took moving quotes from $5,000 down to about $700, how I stack vendors to get work done cheaper, and how bundling electrical repairs in my park got my tiny home hookups handled without the usual multi-thousand-dollar hit. We also talk contracts for tiny homes, including using ChatGPT to draft simple agreements when you’re dealing with bill of sale style paperwork.
If you’re into tiny home investing, mobile home park investing, RV park cash flow, and practical negotiation, this one is built for you. Subscribe, share this with a friend who’s buying off-market deals, and leave a review so more investors can find the playbook.
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
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One text message and one phone call can change the economics of a real estate deal, if you know how to use due diligence and timing. We tell the full story of a small 24-unit mobile home park that sat on the market for over a year, then got locked up on seller financing and turned into a stronger deal after inspections revealed a costly surprise.
We break down the practical side of mobile home park due diligence: bringing in a plumber to scope lines, getting an electrician to inspect service, and collecting real bids instead of guessing. When the numbers came back at $30,000 for electrical and $30,000 for plumbing, we didn’t argue or posture. We sent a simple retrade text that tied the requested $60,000 discount directly to undisclosed condition, then we waited a full day before making the call. That cooling-off window is a negotiation tool most investors ignore, and it’s often the difference between a dead deal and a signed amendment.
Then we get into seller financing strategy and deal structure. The seller pushed back with “split it,” and we countered with a trade: a $60,000 price reduction for one extra point of interest. When you understand how principal, interest rate, and payment interact, you can offer terms that feel like a win to the seller while still improving your cash flow and protecting your equity. If you want better results in real estate negotiation, underwriting, and retrades, this is the playbook.
Subscribe for more real-world mobile home park investing tactics, share this with an investor friend, and leave an honest review so more people can find the show. What’s the biggest surprise you’ve uncovered during due diligence?
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🎧 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!
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A tiny home owner says they want $12,000 and most buyers stop at the price. I don’t. I ask one more question, then another, until the deal stops being a “purchase” and starts becoming a problem-solving plan that creates monthly cash flow. That mindset shift is what turns an ordinary lead into something you can repeat again and again.
I walk you through a real tiny home deal from the first text to the final structure, including how a bird dog brought it in, why the seller’s number wasn’t the real story, and how the financing details changed everything. We get into creative finance with clear definitions and real-world decision points, comparing sub-to real estate with a loan assumption when the seller doesn’t want the debt staying in their name. When the finance company confirms the assumption is simple and there’s no prepayment penalty, the strategy opens up: lower upfront cash, flexible payoff timing, and better cash-on-cash returns.
Then we do the investor math. I explain how I look at all-in costs, moving and setup, and the rent-to-own exit price, plus why a stable monthly payment and market-accurate rent can turn one tiny home into a long runway of income. Finally, I connect it to the bigger picture of filling an 88-unit park, improving occupancy, and increasing property value by adding units consistently.
If you get value from this, subscribe, share it with a friend, and leave a review or comment with the extra question you’re going to start asking on your next deal.
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
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I woke up to something I’ve been trying to engineer for a long time: an RV spot got booked on my website without me touching anything. The guest paid through Stripe, automatically received the park rules, site map, check-in details, and even the laundry codes, and all I saw was the confirmation. That’s the kind of “runs while you sleep” automation RV park owners talk about, and I’m sharing exactly how I set it up so you can copy the playbook.
We get practical about the stack and the process: using Claude AI (including voice mode) to build a better campground website through quick iterations, then deploying it on Netlify with a simple index file workflow. I explain what I hated about the old placeholder site, what guests actually need to see to feel confident booking, and how to think about short-term stays vs long-term applications. If you’re trying to improve your RV park marketing, boost conversions, and modernize your guest experience, this is the blueprint.
Then we zoom out to the bigger experiment: how far can we push automation without losing hospitality? I walk through my plan to let the system run, collect feedback, and potentially add automated texts so we’re not relying on manual calls. I also share a fast way to build tested landing pages for ads by modeling proven funnels and deploying them quickly.
If you get value from this, subscribe, share it with a friend, and leave a review so more park owners can find it. What would you automate first in your business?
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
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Linkedin: / traviscwells
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…
In each episode, we bring on a specialist who excels in a specific area of real estate. Whether it's retail, big commercial properties, luxury real estate, flipping houses, or even land development, we've got you covered. Our guests are true masters of their craft, and they're here to share their expertise, insights, and success stories with you.
But it doesn't stop there. At the end of each podcast, we have a special segment where our mastermind group joins in. This group is filled with avid learners and aspiring investors who bring their real-time, real-life questions for our guests. Together, we create an engaging Q&A session that provides practical knowledge and solutions for everyone.
Join us on "Property Prophets" as we explore the intricacies of the real estate industry and unlock the secrets to property profits. Whether you're a seasoned investor or just starting out, this podcast is designed to inspire, educate, and empower you to achieve your goals in the world of real estate.
So, don't miss out on this incredible opportunity to learn from the best in the business. Tune in to "Property Prophets" and let's embark on this exciting journey together!