Ep #99: How '08 Led to One's Discovery of MHP Investing -- With Andrew Lanoie
The Mobile Home Park Investing Podcast - Real Estate Investing Niche · Kevin Bupp
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Show Notes
In this episode of the Mobile Home Park Investing Podcast, Kevin shares the mic with Andrew Lanoie; Founder and Principal of Park Place Communities and Four Peaks Partners based in Scottsdale, Arizona.Andrew's background is markedly different from most investors, originally holding a career in artist management in the entertainment industry of SoCal.After the 2008 financial meltdown and seeing his parents lose significant wealth however, Andrew began to seek answers to why this happened to better shield himself from future events.Andrew now manages a portfolio of manufactured home communities across the country, and is passionate about fostering a team around Park Place Communities and Four Peaks.HIGHLIGHTS: [7:18] At what point did Andrew get interested specifically in Manufactured Home Communities?[9:59] What have been the biggest changes Andrew has observed in the MHP market?[17:05] What was Andrew's first MHP deal like?[21:52] What is Andrew's thoughts on Park Owned Homes?[32:14] What's Andrew's long-term strategy?[35:31] Andrew's final closing thoughts.RESOURCES:
- View Career Opportunities at Sunrise Capital by visiting Careers.SunriseCapitalInvestors.com
- Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
- Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
- Grab a free copy of our book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them Click Here to Grab a copy
- Get our Free MHP Due Diligence training Video DD.SunriseCapitalInvestors.com
- Visit Park Place Communities' Website
- Visit Four Peaks Partners' Website