#923: Community, Cash Flow, and Scale: Derek Vickers on MHP Investing

Derek Vickers is the CEO of Vicktory Capital, a rapidly growing investment firm focused on acquiring and operating mobile home communities across the Southeast. Derek got his start as a door-to-door insurance salesman prior to transitioning into real estate and ultimately found his niche in the affordable housing space. Since then, he's built an impressive portfolio and team, all while navigating a tough interest rate environment, rising competition, and shifting macro trends. Learn about Derek's strategies and trends!

Connect with Derek: wellingscapital.com, Resources page: wellingscapital.com/resources 

Highlights:

3:10 – From Insurance Sales to Mobile Home Parks

5:50 – First Deal Failures and Lessons

9:30 – The Systems That Scaled

13:45 – Remote Management Without On-Site Managers

16:20 – Value-Add Strategy That Works

20:15 – How to Attract & Keep Quality Tenants

 

Quote: "We're not just filling lots—we're building communities people are proud to live in."

 

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. 
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.