003 Park Manager Due Diligence with John and Bill

Today on the Mobile Home Investing Lessons Podcast we are excited to welcome back a very active mobile home investor to share his insights on a very important topic: Park management due diligence.

Bill Neves is an active Mobile Home Formula investor that loves building incredible returns with mobile homes and helping the local community. Bill has completed over 20 mobile home deals in the past 2 years alone and discusses so recent mobile home park manager stories in this week’s podcast episode. If you’re someone asking yourself, “How am I going to work with local mobile home park managers?” Then this show is for you.

Over 17 minutes Bill and I discuss some of the juicy details of his last few deals. Let’s get started…

In this show we cover:

• Bill opens up about working and co-existing with local mobile home park managers.
• 3 types of mobile home park managers you’ll see
• How Bill made a quick $6,500 cash profit?
• Selling mobile homes for cash versus payments.
• Why newer folks should stay away from mobile homes with moderate to major repairs needed?
• Understanding who your buyers are and why.
• Following the path of least resistance.
• Making your invested capital back in a few months or less.
• and much more!