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Listen "Episode 89: Unlocking $30M Mobile Home Park Success with Andy Freeman"
Episode Synopsis
Andy Freeman, owner of Mobile Home Parks and founder of Enjoy Capital Group and Enjoy Communities, shares his journey into the mobile home park industry. With an impressive portfolio of $30 million spanning across 18 communities, Andy explains the advantages of investing in mobile home parks, including the tenant-owned model and the potential for long-term, stable income. He emphasizes the importance of building genuine relationships with sellers and creating great communities within the parks. He also discusses the challenges and barriers to entry in the industry, as well as the need for strategic planning and delayed gratification in order to achieve long-term success.Enjoy this episode on your favorite podcast platform✅ Apple → https://podcasts.apple.com/gb/podcast/unlocking-$30m-mobile-home-park-success-with-andy-freeman/id1625806145?i=1000642206711✅ Youtube → https://www.youtube.com/watch?v=WyvNPZ_LoTELet’s Stay Connected✅ LinkedIn → https://www.linkedin.com/in/hannes-hennche/Connect with Andy Freeman✅ LinkedIn → https://www.linkedin.com/in/freemanandy/✅ Website→ https://enjoycapitalgroup.com/Time Stamps01:13 Discovering Mobile Home Parks04:58 Advantages of Mobile Home Parks06:55 The Tenant-Owned Model09:17 Creating a Great Community11:58 Challenges and Barriers to Entry13:41 Limited Supply and Value Appreciation15:51 Motivations for Selling Mobile Home Parks19:51 Building Genuine Relationships with Sellers23:52 Investing for Freedom and Lifestyle27:56 Transitioning from a Sales Job to Real Estate30:47 Avoiding Lifestyle Creep34:52 Delayed Gratification and Long-Term Success38:48 The Pressure Tactics of Car Salesmen45:12 Increasing Sales by Taking Leads at Odd HoursQuotes"The best time to buy is always five, 10 years ago, right? But then the second best time to buy is right now.""They want to go someone that's going to treat it right and kind of carry on their legacy.""Being one of the common folk is what they want.""Not to brag, but I mean, I had years, mid 300,000 selling cars. I made over a million in five years selling Toyotas.""Many of the wealthiest, well-off people, you know, they're buying Toyotas. So, they're not even flashy people; they're just really relaxed."#thepathtowellth #realestate #realestateinvestment #mobilehomeparks #passiveinvestment #wealthbuilding #financialfreedom #investment
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