cover of episode 111: A Unique (and Profitable) Real Estate Niche You’ve Probably Never Considered with Jefferson Lilly

111: A Unique (and Profitable) Real Estate Niche You’ve Probably Never Considered with Jefferson Lilly

Publish Date: 2015/2/26
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BiggerPockets Real Estate Podcast
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Shownotes Transcript

    <p>In this episode of the <a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a>, we dig into a real estate niche that, until today, you’ve probably never considered. However, after listening to this entertaining and informative show with guest Jefferson Lilly, we think you’ll be a believer! Join us as we dive into the world of mobile home parks, and learn numerous reasons why a park might be a better investment than either single family or multifamily real estate.</p><p>Whether you’re looking for a great, low-barrier first time real estate niche to invest in, or you’re simply looking to expand your growing portfolio — don’t miss out on wealth of knowledge covered in this episode!</p><p>In This Episode We Cover:</p><ul>
  • How Jefferson got started with value investing
  • Why you should emulate Warren Buffet
  • How he began investing in mobile home parks
  • What you should know about the views on mobile homes in America
  • Insight on helping people move from one asset class to the next
  • The ins and outs of how investing in mobile home parks works
  • How Jefferson got a half million dollar line of credit
  • How he got a 50% increase in the affordable housing program
  • Discussions on income streams for mobile home parks
  • What you need to know about LLCs for mobile home investing
  • How to find value in a mobile home
  • A great explanation of “cap rate“
  • The essential duties of a park manager
  • How Jefferson raised funds for his investing
  • Why you should use outsourcing & streamlining to manage your business
  • And SO much more!

    • Links from the Show:

    Books Mentioned in this Show

    Tweetable Topics:

    • “A key point is the ability to think broadly and use OPM — other people’s money.” Share on Twitter
    • “It’s about helping people moving from one asset class to the next.” Share on Twitter

    Connect with Jefferson

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