Welcome back to the Passive Mobile Home Park Investing Podcast. My name is Andrew Keel.

On today’s episode, we’re going to talk about the fifth reason why you should invest in mobile home parks: and this is because mobile home parks have low repairs and maintenance expenses. I’ll share my personal experiences and I’ll explain why mobile home parks have such low repairs and maintenance expenses.

Are you interested in diving deeper into mobile home park investing? Would a community of passive investors, experienced operators and beginners be helpful to you? If so, check out the Mobile Home Park Mastermind Facebook group. It can be found at facebook.com/groups/mhpmastermind. This group is updated daily with new content and has over 1000 current members. This is a great resource for you to get all of your questions answered in one place.

 

Talking Points:

00:20 - Hi and Welcome

00:30 - Reason #5: Low repair and maintenance expenses

01:30 - My first multi-family complex

02:37 - My first mobile home park

03:09 - Reducing risk

04:20 - Higher profits for passive investors

04:25 - Conclusion and teaser for the next episode

04:38 - Facebook MHP Mastermind Group

 

Resources/Links:

Keel Team, official website

Andrew Keel, official website

Andrew Keel, LinkedIn

Facebook page

Instagram page

Twitter: @MHPinvestors

YouTube channel

 

Quotes:

“Most mobile home park owners do not own the mobile homes themselves, just the dirt underneath of them.” - Andrew Keel

“For a short period, I owned the 9-unit apartment complex in Daytona Beach, and the 67-lot mobile home park in St. Louis Missouri at the same time. It didn’t take long to see which was taking up most of my time, and soon thereafter, I chose to sell the 9-unit apartment complex.” - Andrew Keel

“The tenant-owned home ownership structure ultimately reduces risk.” – Andrew Keel

“Mobile home parks have low repairs and maintenance expenses and this can result in higher profits for passive investors.” – Andrew Keel