Welcome back to The MHP Show! In this episode, host Derek Vickers talks about the role of CapEx (capital expenditures) in the mobile home park investment game. CapEx is more than just a budget line; it’s the backbone of adding value and reducing expenses in your investment. Derek explains the difference between CapEx and regular maintenance, shares real-life examples of the impact of strategic improvements, and discusses why planning for CapEx can make or break your deal.

If you're a passive investor or active operator, tune in to learn how Victory Capital approaches CapEx to maximize value, reduce operational headaches, and ultimately increase net operating income (NOI). Plus, get tips on evaluating an operator’s CapEx budget before jumping into a deal.

Episode Highlights:

Unlock free resources to boost your mobile home park investing success!

🆓 Access my Free Webinar: https://derekvickers.com/home-page826333

🆓 Get Your Free Deal Calculator: Use code MHPSHOW at checkout https://derekvickers.com/dealcalculator

🔗 Follow Derek on Social Media: @derekvickers885

🔗 Join our Facebook Group: Mobile Home Park Investing Pros

Mentorship Program: Reach out on social media if you're interested in the last spot for our mentorship program.

Have questions about MHP? Email me at [email protected]