Mobile Home Parks In Real Life (mhp_irl)

~500 lots, 11 parks, and 2 more under contract and Paul Stout STILL nearly went bankrupt using a 3rd party management company. Everyone coming from multifamily NEEDS to listen to this and heed Paul's warning. Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: www.archimedesgrp.com #MHP_IRL

Pick one: Cash Flow or Appreciation? Well, both, right? This exercise will push you to decide what you really want out of the space and help you realize chasing an in-place cap rate may be exactly what's causing you to plateau.   Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: www.archimedesgrp.com #MHP_IRL

Sam Hales, CEO of Saratoga Group, closed on 2,300 lots in 1 year. How? Two things: clear strategy and visionary underwriting. Sam has the experience to know the right questions to ask, understands his strategy well enough, and can see where the market is going, to pounce quickly in an overly competitive landscape. Sam Hales Sam@SaratogaGroup.com https://www.linkedin.com/in/samhales/ Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: www.archimedesgrp.com #MHP_IRL

Return on Equity = Net Income / Shareholder's Equity What does this mean for MHPs? Well, it means you need to reconsider long term holds and skipping on refinances. For this MMW, we'll take a deep dive into the math behind using the old DuPont Analysis applied to MHPs.   Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: www.archimedesgrp.com #MHP_IRL

What I discovered at 1,000 lots will shock you. This may prove my most controversial episode to date. Once you hit 1,000 lots, you begin to see the MHP world from a different light. Some opinions and convictions will get uprooted. And then uprooted again. But what can you learn from my experience? Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: www.archimedesgrp.com #MHP_IRL

My cousin-in-law tells her children to avoid "tricky people". By that, she means to teach her children that the majority of crimes occur by those you know, not total strangers. Brilliant. So who are "tricky people" that seek to intentionally, or unintentionally, subvert our growth mindsets? On this MMW, I'll share with you a pivotal moment in my career in which I later realized how the limiting beliefs of others can impede your own goals. Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: www.archimedesgrp.com #MHP_IRL

Ryan Groene had no options. Like us, he started with nothing: no money, no network, and no experience. With his back against the wall, he bootstrapped his way into ~500 lots in a few short years. So, how? And what lessons can we learn from a bold action taker like Ryan?   Ryan Groene: ryan.groene55@gmail.com   Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: www.archimedesgrp.com #MHP_IRL

What stops you from going full time into MHPs? A salary? Time commitments? Lack of good deals? On this Mid Month Wisdom, we will discuss a recent conversation I had with someone stopping himself from going full time because of a self imposed mental barrier. Perhaps you, too, limit your progress forward due to mental barriers.   Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL

What do you NEED to know about MHP investing to achieve true mailbox money? The risks can be scary serious. Join my friend Andrew Keel and I for an in-depth look at passively investing within the MHP space.   Check out Andrew's Podcast: https://www.keelteam.com/passive-mobile-home-park-investing​ Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL

Our minds hate being bored. So, we create wartime problems even during peaceful moments. For this MMW, we'll take a dive into an example from the sports world to illustrate how your wartime mind could negatively affect your MHP business.   Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL

What types of legal risks do you not know you take on as you grow your business? Join the Mobile Home Park Lawyer, Ferd, and I for a discussion about all things legal within MHPs.   Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL

Real Estate was, is, and likely will always be a game of information asymmetry. Those with a firm finger on the pulse of their chosen market(s) will thrive while others employing a "shotgun" approach may struggle, overpaying for opportunities if they ever even find opportunities. On this MMW, we'll discuss why Real Estate is like legal insider trading, and how you can use that to your advantage. Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL http://members.mobilehomeparkmentors.com/order

People get stuck. People fail to start. Why? Flawed strategies almost always play a major role in this. So, we will cover examples of how others with flawed strategies identified and improved their strategies to burst through their plateaus so you, too, can get to that next level.   Strategy formation categories: Lot count Geography Portfolio size Population Value add level Quality Speed to acquire, Spectrum of multiplication to preservation   Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL

2020 rocked countless lives. But we shouldn't let losing the battle cost us the war. On this Mid Month Wisdom, I'm going to call myself out. I'm going to share with you my low points, failures, and outright tough times that made my question what I do. I know you have struggled at times this year too. This feels like the most appropriate send off for 2020.

Common underwriting issues cause even highly skilled underwriters to miss deals. With years of experience helping others get into the game, we felt now we should explain common errors people of all skill levels make. On this Skills Series, we will cover the most common underwriting errors so you can avoid them.   Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL

We've all heard chatter about the MHP space consolidating. But how will that look? Most likely, three steps will occur: 1) Mom & Pops will sell, allowing for better record keeping (thus better financing) and more efficient operations 2) Rents will be raised to ACTUAL market (not what Billy Bob charges down the street) 3) Bigger players will gobble up the rest What this means for you is opportunity. However, it also means a quickly closing window. Connect with us! Mentorship Program: https://mobilehomeparkmentors.com/ Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com

If pricing will continue to be high, why not just build a new MHP? Meet Ryan Gibson, CIO of Spartan-Investors, who set out to develop a new Mobile Home Park. On this interview, Ryan will break down the steps, costs, and effort that developing a new MHP entails. Connect with Ryan Gibson: https://spartan-investors.com/ ryan@spartan-investors.com   Connect with us! Mentorship Program: http://www.archimedesgrp.com/mentorship-program Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL

To sign up for our mentorship program, click the link below: http://www.archimedesgrp.com/mentorship-program   For more information on our mentorship program: https://mobilehomeparkmentors.com/

Why do some people get rich while others never break the middle / working class cycle? It comes down to mindset. On this Mid Month Wisdom, we'll break down how each class thinks in a general sense, so you can shift your own mindset to achieve your financial goals. Connect with us! Mentorship Program: http://www.archimedesgrp.com/mentorship-program Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL

Why does it ever make sense to pay sub 4 cap? It turns out, some BIG TIME players know how to play that game well. Join us for a look at MHPs from a macro viewpoint, with Elevation Capital's Ryan Smith.   Ryan Smith: https://elevationfund.com/ ryan@elevationcg.com 407-602-7662 Mentorship Program: http://www.archimedesgrp.com/mentorship-program Podcast: http://www.archimedesgrp.com/podcast LinkedIn: https://www.linkedin.com/in/iantudor/ https://www.linkedin.com/in/ryan-narus-87293417/ Twitter: https://twitter.com/mobilehomemogul Facebook Group: https://www.facebook.com/groups/MHPMastermind/ Website: https://www.archimedesgrp.com #MHP_IRL