Mobile Home Parks In Real Life (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://themhppros.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://themhppros.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://themhppros.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. Mentorship Program: https://themhppros.com/

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://themhppros.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://themhppros.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/ [email protected] Connect with us! Mentorship Program: https://themhppros.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

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://themhppros.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: https://themhppros.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

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/ [email protected] 407-602-7662 Mentorship Program: https://themhppros.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

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: https://themhppros.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

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 [email protected] Mentorship Program: https://themhppros.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: https://themhppros.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

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: https://themhppros.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

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. Mentorship Program: https://themhppros.com/ #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: https://themhppros.com/

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. Mentorship Program: https://themhppros.com/ #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. Mentorship Program: https://themhppros.com/ #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. Mentorship Program: https://themhppros.com/ 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. Mentorship Program: https://themhppros.com/ 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. Mentorship Program: https://themhppros.com/ 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? Mentorship Program: https://themhppros.com/ 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. Mentorship Program: https://themhppros.com/ #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. Mentorship Program: https://themhppros.com/ 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. Mentorship Program: https://themhppros.com/ 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. Mentorship Program: https://themhppros.com/ #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. Mentorship Program: https://themhppros.com/ #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? Mentorship Program: https://themhppros.com/

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. Mentorship Program: https://themhppros.com/ #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%. Mentorship Program: https://themhppros.com/ http://www.archimedesgrp.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Are vacant pads upside? What goes into that process? How do you value an infill opportunity? In this episode, we'll take a deep dive into vacant pads and how they may, or may not, fit within your strategy. Mentorship Program: https://themhppros.com/ http://www.archimedesgrp.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

First and foremost thank you, the listeners, for making MHP_IRL exceed any expectations I ever had. If we are going to combat slumlordism together, I figure, not only do I need to keep this FREE, and be available for you to jump on calls with you, but also, I'll need to double down This year, you can expect a skills series where I take deep dives into the skill sets you'll need to thrive I'm going to ask industry leaders tough questions, like why don't some MHPs trade? What big risks do people overlook? And why do people struggle achieving the deal flow they need? Mentorship Program: https://themhppros.com/ Join me, for Season 3 of MHP_IRL http://www.archimedesgrp.com/podcast https://www.facebook.com/groups/225028118382839/

At the end of the day, you're buying a business. If you'd approach buying a business like a restaurant or plumbing company differently than you would approach educating yourself to buy a MHP, then maybe you should rethink how you are approaching MHPs. On this Mid Month Wisdom, I'll push you to shift your mindset. Mentorship Program: https://themhppros.com/ http://www.archimedesgrp.com/ #MHP #MHP_IRL Join our Facebook group! https://www.facebook.com/groups/225028118382839/?ref=bookmarks

Can't find all TOH MHPs to buy? Why not just buy all POH and just sell them off? That's simple, right? As with anything in life, it turns out, it's a bit more complicated than that. On this episode, I'll walk you through this old school strategy, sparing little details, so you can decide if this strategy fits your endgame. Mentorship Program: https://themhppros.com/ #MHP #MHP_IRL #Differentiate http://www.archimedesgrp.com/

Are you overconfident? You might be. However, that might also be exactly what you need. Astronauts needed, to a certain degree, to be overconfident. But then again, so do scammers. On this Mid Month Wisdom, we'll break down overconfidence traps and how you can avoid them. Mentorship Program: https://themhppros.com/

Glenn owned a MHP during the "Golden Age", survived the recession, grew up poor, and then sold 30+ MHPs in 2018. Glenn knows MHPs. Find someone with a better pulse on the market than him. On this interview, Glenn spares no details as he discusses how to win over brokers, to what pitfalls no one is talking about. Glenn Esterson 423-483-0492 [email protected] https://www.themhpexpert.com/ Mentorship Program: https://themhppros.com/

Remember when the 10 cap reigned supreme? It turns out, we missed that train. So the 8 cap became the new gold standard. But even that died years ago. Enter the 6. On this Mid Month Wisdom, we'll explain why the 6 is the new 8. Mentorship Program: https://themhppros.com/

On part 2, we will cover market sizes and various miscellaneous strategies. http://www.archimedesgrp.com/ Mentorship Program: https://themhppros.com/

MHPs come in all shapes and sizes. So how do you know which suit you and your strategy the best? On this episode, we will analyze the different types of MHPs, their pros and cons, and how you can narrow your search field to focus on properties that fit your personal strategy. Mentorship Program: https://themhppros.com/

MHPs are "easy to manage", "give high returns", and "no one is talking about them". Or are they? More specifically, does that really make MHPs unique within the real estate space? On this MMW, I'm going to push back on those supposedly unique aspects of MHPs and explain why they could be damaging to you. Mentorship Program: https://themhppros.com/

Unethical entrants into the MHP space have landed spots in publications from Time Magazine to John Oliver's "Last Week Tonight". Bad behavior resulted in restrictive legislation in New York state and threatens to spread. But what's being done to curb the spread? And worse, are they getting away with it? On this episode, I'm going to hit you with some uncomfortable truths. But that's ok. That just means you're one of the good guys. Together, we can raise awareness to bad behavior and hopefully affect positive change, together. Mentorship Program: https://themhppros.com/

Our industry is in dire need of strong value-add groups. But I've heard too many people wanting to buy "value-add" deals without a plan. This could pose a serious threat to buyers, investors, residents, and the industry as a whole. On this MMW, I'm going to encourage y'all to take on value-add projects, but to show up prepared. Mentorship Program: https://themhppros.com/

Ever curious how people justify high prices? After 4 years of networking my tail off, I can now confidently speak to how the biggest operators, the newest of the new, and everyone in-between, think. On this episode of MHP_IRL, I'm going to explain how smart people justify some pretty wild stuff! Mentorship Program: https://themhppros.com/

On this MMW, I'm going to juxtapose two properties we purchased within two weeks of each other that performed very differently. The lessons learned there will help you improve your underwriting. Mentorship Program: https://themhppros.com/

2 > 1 but only if you find the right partner. Partnerships, like financial leverage, either multiply your output, or amplify your misery. Ian Tudor, co--founder of Archimedes Group, joins MHP_IRL to discuss ways you can find a solid partner to help multiply your output. Mentorship Program: https://themhppros.com/

Can you have a heart in this business? You've got to fight to keep you community safe, clean, and fair. Often times, this involves heartless decisions. On this Mid Month Wisdom, I'll talk about ways you CAN have a heart, while being fair to all. Mentorship Program: https://themhppros.com/

I think you SHOULD get into MHPs, but with PROPER expectations. And that's why I'm here. We have a chance to usher in a new era for MHPs, and to do that, I want to provide you with the tools necessary to get started and to grow. I'll expose raw and uncomfortable realities that'll help you understand what's really going on within the space. We'll talk about deal sourcing, structuring partnerships, property management, negotiation, persuasion, marketing, overcoming your own psychology, and so much more We can shape the future together. Join me. Welcome, to MHP_IRL. Mentorship Program: https://themhppros.com/

"I'm going to kill everyone in the office with my shotgun". How would you react to that? A corroborated threat turned into a test of all my skills. Listen in as I tell the tale of how my life, as well as the life of my fellow employees, was threatened. And how we escaped with our lives. Mentorship Program: https://themhppros.com/

The Austin Powers movies provided us with more than just laughs. It brings levity to the excuse loop we all fall victim to. On this Mid Month Wisdom, we will discuss what the Real Estate equivalent excuse loop and how one passionate home flipper found a way to escape it. Mentorship Program: https://themhppros.com/

If you want off market deals, the best way is via a database and direct out reach. But for purchase databases can be outdated and/or expensive. The Database Legend himself, Charles DeHart, joins us on this episode to discuss how he built his and how he overcame the odds to become a successful entrepreneur. Mentorship Program: https://themhppros.com/