Mobile Home Parks In Real Life (mhp_irl)

Believe it or not, in place Tenant Owned Homes come with a TON of risk no one seems to want to talk about. So, for this Mid Month Wisdom, we will take a deep dive into why you should think twice about all TOH communities. 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

Join seasoned broker Kolman Bubis and I for a discussion on: -What makes a MHP NOT trade? -Do spread out portfolios hamper your ability to trade? -Pros / cons for Midwest investment? -How can one think through risky markets? -What risks do not enough people talk about?   Kolman Bubis: (O) 312-568-4818 Kolman@sunstonerea.com   #MHP #MHP_IRL http://www.archimedesgrp.com/ Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

On this MMW, we'll zoom in on how you can inject rocket fuel into your networking. And with a mere $299, you too could land a deal that adds $299k to your networth.   Registration Link:  SECO21  Or copy and paste: https://www.eventbrite.com/e/seco21-national-conference-of-manufactured-housing-community-owners-tickets-163400283647 Your $25 discount code (All caps): MHPIRL     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

The best negotiations are prepared negotiations.   Join coaching client Jordan and I on a recap of preparations and negotiations on a live lead he unearthed so you too can better prepare to pitch and secure seller carry.   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

Believe it or not, most people couldn't spend each day of their lives on a beach, drinking Pina Coladas, and soaking up the sun. We humans need meaning, purpose, and a sense of importance else we face the onset of depression. For this Mid Month Wisdom, we'll discuss the dark side of time freedom, and what you can do to prepare for the day your passive income sets you free. #MHP #MHP_IRL http://www.archimedesgrp.com/ Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

#MHP #MHP_IRL http://www.archimedesgrp.com/ Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks Apply now for free to our mentorship program: http://www.archimedesgrp.com/mentorship-program

On the first Ian Interview Series, my business partner Ian Tudor hosts an interesting discussion with Corey Allen Woodruff, covering cold calls, negotiating seller carry, and even his journey from living in a MHP to owning several.   This version is edited. For the uncut version, please visit our Facebook page and/or YouTube page.   #MHP #MHP_IRL http://www.archimedesgrp.com/ Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

What's your backup plan if you lose an employee? We recently had to enact ours. Thankfully, it worked. But what contingencies should you set up if / when that happens? What limitations and issues present themselves with each contingency plan? On this Mid Month Wisdom, we will take a deep, blunt dive into a situation we recently experienced and discuss how we overcame.   What's your backup plan if you lose an employee? We recently had to enact ours. Thankfully, it worked. But what contingencies should you set up if / when that happens? What limitations and issues present themselves with each contingency plan? On this Mid Month Wisdom, we will take a deep, blunt dive into a situation we recently experienced and discuss how we overcame. #MHP #MHP_IRL http://www.archimedesgrp.com/ Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Your ability to collect is the number one indicator as to how successful you run your properties. MHPs die with no revenue, as would most businesses. So for this skills series, we will take a deep dive into what it'll take for you to become a strong collector.   http://www.archimedesgrp.com/   #MHP #MHP_IRL   Join our Facebook group!   https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Big data has lifted the veil covering the unknowns in so many industries. So what does it tell us about MHPs? More importantly, how can we use big data to more efficiently achieve our goals? On this MMW, we'll take a deep dive into how to do the math. http://www.archimedesgrp.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

“Diligence is the mother of good fortune,” quote by Benjamin Disraeli. Due diligence can be FUN. You'll play detective, but for your own investment purposes. But this crucial step in the acquisition cycle must not be taken lightly, with thousands if not millions at stake. So for this Skills Series, we will cover the ins and outs of the inspection period.    Join our Facebook Group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks For more, check out our website: http://www.archimedesgrp.com/

On this COVID-19 update, I'll discuss April collections along with conversions I've had all month with lenders, investors, owners and operators.   Fear permeates the marketplace. Bankers have hit the pause button for 30 days. SBA PPP loans saturate lenders capacity to underwrite loans. Sure, investors still have strong interest, but what happens if lending dries up for a longer period of time?   http://www.archimedesgrp.com/   #MHP #MHP_IRL   Join our Facebook group!   https://www.facebook.com/groups/225028118382839/?ref=bookmarks   Reference links: https://www.nytimes.com/2020/04/08/business/economy/coronavirus-rent.html https://www.mpamag.com/commercial/multifamily-rent-growth-slowed-by-covid19-in-march-219383.aspx https://www.mhvillage.com/pro/manufactured-home-communities-promising-trend-april-rents/?fbclid=IwAR3hBoP6gaJIhFApd1vjjNAPsIUPhff-Xwinb3NPko5wouVhyTJK0da07I0

In the car industry, complainers deliberately seek to dissuade you from going the extra mile. This leaves more potential car deals for themselves. While intentionally manipulative pessimists may not exist in the MHP industry, the same negativity cycle perpetuates. On this Mid Month Wisdom, we will expose this sneaky behavior and explain how to avoid succumbing to it. #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Sticky, long term tenants prove a big advantage for MHPs over other multifamily asset classes. But typically, people that need affordable housing also present the most risk of any asset class. So how do you find sticky, long term tenants that consistently perform? On this skill series, we will discuss how to welcome in great prospects and screen out trouble. http://www.archimedesgrp.com/ #MHP #MHP_IRL  Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

How has COVID-19 affected MHP pricing? What should we be focused on in the short run and in the long run? On this bonus episode, we will discuss what may be coming. http://www.archimedesgrp.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Sellers generally fall into one of two buckets: The Legacy Creator and The Highest Bidder. So how does one buy from each? On this mid month wisdom, we will discuss how each type of seller thinks, so you can properly position yourself to purchase their property.    #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Wealth building is a skill like anything else. Most people don't invest enough. Those that invest, don't pick appropriate investments. This all comes down to effort and skill. On this Skill Series episode, we will discuss what it takes to build that skill, as well as what basic mistakes you might be making, and how to correct them. #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

People gravitate towards completing activities they enjoy doing and generally avoid tasks they find unpleasant. So how can we apply this knowledge to Real Estate, and fix what we are doing wrong?

To understand how to work with brokers, you need to understand how brokers work. Join Kevan Enger and I on a discussion about what it takes to make it in brokerage, so you can develop healthy, fruitful relationships with brokers.   #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

How do you achieve 1% wealth? You must offer 1% something. You must be 1% smart, or 1% hard working, or 1% good looking. Or 1% lucky! On this episode, I'll explain how to break into the 1%, even if you aren't 1%. http://www.archimedesgrp.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks