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b'Step into the world of mobile home parks with investor and industry expert Jonathan Tuttle as he navigates its evolving landscape. He discusses the evolution of the industry and the scarcity of resources due to this influx of new investors. He also discusses how local laws and zoning regulations can significantly impact profitability, as well as how having relationships with brokers and years of experience in the industry is vital for success in this space. He encourages people to be generous by authentically lining up people who can mutually benefit each other.\\xa0\\n\\xa0\\nTune in for valuable insight into the opportunities and challenges of investing in mobile home parks!\\n\\xa0\\n[00:01 - 08:34] Opening Segment\\nJonathan Tuttle has been investing in mobile home parks since 2007/2008\\nHe saw an opportunity for growth and appreciation in the mobile home park industry\\nJonathan shares his perspective on how things have changed for better or worse\\n\\xa0\\n[08:35 - 14:14] Exploring the Mobile Home Park Industry\\nMobile home parks have different tiers of quality, from Trailer Park Boys to billionaire weekend getaways\\nThe need for affordable housing drives the industry and has seen a surge in demand in the last 5-6 years\\nSupply is limited, making it difficult for new entrants to access deals without existing relationships\\n\\xa0\\n[14:15 - 21:23] Uncovering the Benefits of Low Taxes and Trendy Living Spaces\\nMobile home parks are a secret goldmine, and not many people are aware of it\\nInstitutional money coming into this space can help with local laws and zoning change\\nPrivate equity prefers bigger parks and mostly goes for top-tier markets\\n\\xa0\\n[21:24 - 30:32] Consolidation In the Mobile Home Park Industry\\xa0\\nPrivate equity investors are not as keen on bigger investments in affordable housing\\nIt is better to use smaller investors and put them in SPV or shell companies with multi tiers\\nFinding passionate owners who take care of tenants and beautify the park is important\\nSelf-storage is a popular investment, with over 200,000 units in the US\\nMobile home parks have historically had the highest cap rates and best tax benefits\\n\\xa0\\n[30:33 - 40:28] Closing Segment\\nBest investment: listening to podcasts\\nWorst investment: a condo in 2006\\nThe most important lesson learned: adding value to people\\xa0\\n\\nQuotes:\\n\\xa0\\n"Everything takes ten times more effort than you think it would be." - Jonathan Tuttle\\n\\xa0\\n"Being more generous by just lining up people authentically. Whatever happens, happens. But at least you both served each other." - Jonathan Tuttle\\n\\xa0\\n"Always give value first. Think of how you can align your friends." - Jonathan Tuttle\\n\\nConnect with Jonathan!\\nWebsite: https://jonathan-tuttle.com\\xa0\\n\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\n\\xa0\\nTrack your rental property\'s finances with Stessa. Go to www.escapingwallstreet.com.\\n\\xa0\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'