Low Competition Investing in Small to Midsize Mobile Home Parks with Charlotte Dunford

Published: May 5, 2022, 7 a.m.

b"Charlotte is a graduate of The Georgia Institute of Technology where she earned her B.S. in Business with a focus on business analytics and technology. Charlotte, along with her business partners, currently sponsors the repositioning of 25 value-add and turnaround mobile home parks.\\n\\xa0\\n[00:01 \\u2013 06:23] Opening Segment\\nGet to know Charlotte Dunford\\n24 mobile home parks across 10 different states\\nHow an immigrant from China became passionate in real estate\\nInvesting through escaping competition\\nFrom Zero to One \\xa0\\n\\n\\xa0\\n[06:24 \\u2013 12:57] Low Competition Investing in Small to Midsize Mobile Home Parks\\nHow to Make Small to Medium Home Parks Work\\nKnow how cap rates and the economy affect MHP\\nMom and Pops in the MHP Space\\nThere is no such thing as \\u2018no record\\u2019 and sellers tend to inflate their books\\n\\xa0\\n[12:58 \\u2013 29:16] MHP Financing and Management \\nStructuring a seller finance note for small and mid-size MHP homework\\nLonger balloon times are part of the offer!\\nTenant-owned homes versus park-owned homes\\nYou have to be ready for your uniqueness\\nOn-site management of smaller MHP\\nCharlotte\\u2019s scaling plans and exit strategies\\n\\xa0\\n[29:17 \\u2013 37:53] Closing Segment\\nQuick break for our sponsors\\nThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\\xa0 Learn more about Personal Capital at escapingwallstreet.com\\n\\nWhat is the best investment you've ever made other than your education?\\nLearning about the American Society at 16\\n\\nCharlotte\\u2019s worst investment\\nAn experience in a single-family home\\n\\nWhat\\u2019s the most important lesson you learned in business and investing?\\n\\u201cIt\\u2019s a team sport.\\u201d\\n\\nConnect with Charlotte Dunford through https://www.johnscreekcapital.com/ and diversify your portfolio with mobile home parks.\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quotes:\\n\\u201cThe reason why small mobile home parks are attractive is because it is not as competitive.\\xa0 That drives the prices lower and you are able to get a more attractive deal and getting the right deal is the most important thing.\\u201d \\u2013 Charlotte Dunford\\n\\u201cIt\\u2019s important to have a longer balloon time.\\u201d \\u2013 Charlotte Dunford\\n\\u201cThere\\u2019s always going to be competition so you have to create a monopoly.\\u201d \\u2013 Charlotte Dunford"