『The Mobile Home Park Broker's Tips & Tricks To Investing』のカバーアート

The Mobile Home Park Broker's Tips & Tricks To Investing

The Mobile Home Park Broker's Tips & Tricks To Investing

著者： Maxwell Baker
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 Welcome to another beautiful episode of The Mobile Home Park Broker's Tips and Tricks Podcast. This podcast is brought to you by the Community Price Maximizer. It is our proprietary system that will guarantee you a higher price when you exclusively list your community with our four-step program.2020-2021 マーケティング マーケティング・セールス 個人ファイナンス 経済学
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  • The MHP Brokers Tips and Tricks Podcast Interview with 3 Female Leaders in the Manufactured Home Park Industry in Recognition of International Women’s Day

    The MHP Brokers Tips and Tricks Podcast Interview with 3 Female Leaders in the Manufactured Home Park Industry in Recognition of International Women’s Day
    2025/03/07
    In this episode of The MHP Broker’s Tips and Tricks podcast, Maxwell Baker, president of The Mobile Home Park Broker, interviewed his wife, Kathryn Baker, and two more female business leaders. These were industry business owners Justine Natalie and Maria Horton. As with every Tips and Tricks podcast episode, this one is brought to you by The MHP Broker's proprietary Community Price Maximizer. Use this four-step system to get the highest price possible for your mobile home park or RV community when you sell it through The MHP Broker. Guaranteed. Call Max for details. Here Are the Show Highlights: Kathryn introduced herself as the co-owner and chief operating officer (COO) of The Mobile Home Park Broker. Her focus is on customer service excellence, optimizing workflow and driving growth. (Kathryn, 1:26)Justine Natalie introduced herself as the co-founder and co-owner of a company called Dynamic MH Solutions. THat’s a hybrid third-party park management operation she started with business partner Mike Scheffler in 2021.They started by offering sales and financing services, and then got into property operations. Their focus is in teaching and training community management. (Justine, 3:00)Maria Horton introduced herself as someone who has been in the business for about 23 years, mostly on the human side of the business: property management, community relations, and such. She said she loved watching her young residents grow up, get scholarships, and take on life. She also loves going to industry conferences and networking. (Maria, 4:10)Maria said she thinks the biggest challenge is trying to change the image and perception of her industry and the very concept of what a mobile home is. It’s also difficult to go up against the obstacles that local communities place on manufactured home parks to regulate them and seemingly control them out of existence. (Maria, 5:55)Max observed how intimidating an industry conference might be to some. For instance, the difficulty of someone just starting out trying to strike up a conversation with someone who owns 100 parks. (Max, 6:48)Maria noted that she has the social ability to approach anyone at a conference, and that she goes out of her way to meet someone who seems intimidated or on the outskirts of the social action, and introduce them to others. She’s also glad to see how many women there are at these shows now, compared to years before. Women are finally becoming a bigger part of the career path. (Maria, 7:07)Max then asked his guests to address the various business challenges they’ve had to take on, being women in the business. (Max, 8:00)Justine said that there are so many details and decisions she has to stay on top of, it’s easy to get imposter syndrome and wonder how she possibly has the talent and ability to thrive or survive in such an environment. She said that she thinks women might overthink this more than men, who might have a greater tendency to just “jump right in” with greater confidence and less insight. This, she thinks, is a daily challenge and one she’s always trying to overcome as a female business owner. (Justine, 8:23)Max said that he thinks women tend to be better business operators than men. The men prefer “flying by the seat of their plants” while women plan and strategize before taking action. (Max, 9:49)Justine and her husband have observed that the careful pre-planning is something she does in her business life, but not at all in her private life where she’s more spur of the moment. (Justine, 10:09)Maria thinks that might be because more people are affected by decisions she makes in the business life. At home, she can blunder her way through decisions because they affect fewer people. (Maria, 10:40)One of Maria’s biggest challenges is staying abreast of all of the organizations and associations she takes an active part in. She always wants to feel that she’s making a positive impact in her industry, but it’s easy to get sucked in and get overinvolved. Sometimes she just doesn’t know when or how to say no. (Maria, 11:29)Kathryn stated that she also sometimes experiences the impostor syndrome like Justine. She’s eventually come to realize that she doesn’t always have to have all of the answers, that she can rely on others on the topnotch team they’ve put together through the years. (Kathryn, 13:39)Justine has made a point of hiring great people who are good at what they do so she can let them make key decisions when they should. But it took her awhile to realize that she could trust others to help her run the business. (Justine, 14:21)Kathryn said that she learned how to accept the freedom to fail from a video biography of Spanx founder Sarah Blakely. She said that around the kitchen table as she was growing up her dad would ask her all the time, “Sarah, what did you fail at today?” The idea was to lose the fear of failing and be able to take decisions and get right back up on your feet if you failed...
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    47 分
  • The MHP Brokers Tips and Tricks Closing Cocktails Interview with MP Broker Eric Wanck Regarding His 2-Park Portfolio Closing in Talladega

    The MHP Brokers Tips and Tricks Closing Cocktails Interview with MP Broker Eric Wanck Regarding His 2-Park Portfolio Closing in Talladega
    2024/11/16

    In this episode of The MHP Broker’s Tips and Tricks Closing Cocktails podcast, Maxwell Baker, president of The Mobile Home Park Broker, interviewed The MHP Broker Eric Wanck regarding his recent two-park mobile home park sale in Talladega, Alabama.

    As with every Tips and Tricks podcast episode, this one is brought to you by The MHP Broker's proprietary Community Price Maximizer. Use this four-step system to get the highest price possible for your mobile home park or RV community when you sell it through The MHP Broker. Guaranteed. Call Max for details.

    Here Are the Show Highlights:

    • Max introduced broker Eric Wanck and told how Eric had recently closed on two mobile home parks in Talladega, Alabama with good value-add opportunities. (Max, 00:22)
    • With both being small parks, Eric knew he had his work cut out for him. Smaller parks tend not to attract big portfolio owners or Wall Street investors from outside the market, and can take longer to find more localized buyers. Both parks were on city water, which was an advantage. He did get a good all-cash offer for both from a local, but had obstacles that kept the park deals from closing for several months. (Eric, 1:39)
    • The delay was caused by the need of the buyer to move money around, selling some properties in order to raise the cash they needed to complete the Talladega deal. (Eric, 3:03)
    • The deal was of particular value to the buyer because the lot rents were very much below market at about $175 a month. This would create a strong value-add opportunity to raise rents and increase revenue soon after the purchase. (Eric, 3:17)
    • Although the sale took five or six months, it turned out to be a smooth transition and everyone was happy. In fact, the seller was so pleased with the sale that they gave Eric a referral on another park sale. (Eric, 4:30)
    • The delayed closing was something Eric hadn’t seen before, but it worked out to the satisfaction of everyone. The lesson here was that every sale is unique, and you just have to stay flexible an deal with it. (Eric, 5:01)

    The Mobile Home Park Broker is experienced at brokering parks that have a hiccup or two during the course of the transactions. We can handle it. If you’re thinking of putting your park on the market, call Eric Wanck or Max Baker at The MHP Broker, (678) 932-0200 and we’ll help you find–and find financing for–a qualified buyer. Or drop us a line at info@themhpbroker.com.

    Power Quotes in This Episode:

    “The small parks are always a little bit of a wild card. How are they going to sell? Typically, we always look at it as a smaller buyer pool. These folks are likely going to be local to the park, instead of your bigger national portfolio buyers coming in and buying these 30-pad parks. So they sit on the market, and that's typical, sometimes a little bit longer than most.” (Eric, 1:39)

    “Anytime we see anything under $200 (in lot rents) in the southeast, we know that they're asking for a rental bump at some point.” (Eric, 3:17)

    “It was a pretty smooth transaction. At the end of the day, the seller was happy and, believe it or not, this seller turned around and gave us a referral on some other parks.” (Eric, 4:30)

    “We just essentially needed to kind of hang on for that closing date. So, it worked out nice, man!” (Eric, 5:01)

    (Regarding the market for mobile home park sales) “...as rates continue to push down here, this is a prime time to get back out there and start looking to buy parks, sell parks. Movement is happening for the most part. 2024 was probably slower across all asset classes, but things are definitely picking up. Give us a call, we can help get parks moved and find you something if you want to get on the acquisition side.” (Eric, 5:43)
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    7 分
  • The MHP Brokers Tips and Tricks Interview with Non-Profit founder Drew Toothman

    The MHP Brokers Tips and Tricks Interview with Non-Profit founder Drew Toothman
    2024/11/11
    In this episode of The MHP Broker’s Tips and Tricks podcast, Maxwell Baker, president of The Mobile Home Park Broker, chats with old friend and fellow former U.S. Marine Andrew Toothman about his Mental Grenade blog site and FOB Truth non-profit plans. As with every Tips and Tricks podcast episode, this one is brought to you by The MHP Broker's proprietary Community Price Maximizer. Use this four-step system to get the highest price possible for your mobile home park or RV community when you sell it through The MHP Broker. Guaranteed. Call Max for details. Here Are the Show Highlights: Max has known and been good friends with Andrew “Drew” Toothman since they met at U.S. Marine boot camp. They later attended the Marine Music School together. Max invited Drew on to discuss his non-profit ambitions for vets, first responders, and others needing moral, emotional and spiritual support. (Max, 0:22)After their School of Music time together, the two friends got separated. Drew was sent to Okinawa for a year. He got married to Misty, then got sent to Twentynine Palms, in the Mojave Desert. He was trained in explosive ordnance disposal and was deployed to Afghanistan. After experiencing multiple concussive hits and serious concussions, Drew was medically discharged from the Marines after more than 12 years. (Drew, 4:14)Drew, Misty and their three kids moved to Pennsylvania, and Drew attended auto diesel school. He had extensive problems transitioning from military to civilian life because of the relative lack of structure. He didn’t feel like he had a community any longer. (Drew, 5:42)Drew was dealing with PTSD from his military days and before, and going through a period of intense self-reflection. 7:38)Drew helped establish, then worked on, a non-profit organization dealing with the mental health needs of veterans, until he left the organization at the end of 2019. He learned the importance of community, so he worked to set up his own online community, which became FOB Truth. In the military, FOB stands for “forward operating base.” But in his new life, Drew had FOB Truth mean “fundamentals of Biblical truth.”) (Drew, 8:53)Drew started a blog called Mental Grenade, and used it to draw people to his regular Thursday evening Zoom meetings where they discuss the Bible and their own spiritual and emotional needs. That’s FOB Truth. (Drew, 17:50)The way FOB Truth is structured, the first two hours are Bible study, and the next two are support group chat. People check in and check out whenever they want, so it’s not a matter of having to commit to a four-hour Zoom meeting every Thursday evening. (Drew, 31:02)The stories that attendees tell can be very dark and personal, which is why Drew would never record or put the meetings online. (Drew, 32:46)While Drew’s community is currently online, he’d like to get to where he could meet with his community in person. To that effort, he invited two men who’d found him online to stay with the family for a while and help prepare his eight-acre property for future community events such as meeting around a campfire and talking in-depth. What Drew is trying to do is the opposite of establishing a mega church. He’s following Christ’s example of talking with small groups of people rather than large crowds. His efforts are more one-on-one. (Drew, 35:33)Drew’s weekly FOB Truth online meetings have drawn veterans, law enforcement personnel, nurses, EMT workers, therapists, pastors and civilians from all walks of life. Some just attend a meeting or two while others have become long-time regulars. (Drew, 38:11)The way to join FOB Truth is to reach out to Drew through his blog, MentalGrenade.com, or reach him at his personal phone number: (434) 473-8886. Join the community. (Drew, 45:29)You can also go to FOBTruth@gmail.com. (Drew, 47:06) If you’re thinking of selling your mobile home park or RV community, contact Max Baker at The Mobile Home Park Broker, (678) 932-0200. You can also drop us a line at info@themhpbroker.com. Power Quotes in This Episode: (On leaving the military) “But then you get out and you're suddenly saying, ‘Who am I outside of this uniform? And what am I supposed to do with my life? Because if my rank is no longer part of my name, and my job title doesn't mean anything to anybody on the outside? What am I supposed to do,’ and you have these veterans who are left without structure.” (Drew, 5:42) “It takes more avenues of approach than you think it does to find stability in your mental health if there's been trauma and other things.” (Drew, 7:38) “Humans are tribal, they're meant to be in community. And when they're not, and they're in their own environment, and they can just order their groceries online and have them delivered to the dorm and they don't really have to go anywhere…I mean, imagine that the American knowledge worker sits at a computer all day, gets paid by direct deposit, doesn't have to go pick ...
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    48 分

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