109: MHP Series - How to Be Competitive in Mobile Home Parks with Ian Tudor
Ian is a Finance graduate of Virginia Tech. He began his career in the Financial Development Program at Genworth Financial. He then joined Parkway Properties, a Class A Office REIT, as a member of the investments division. During his tenure at Parkway, Ian underwrote over a $1B in acquisitions and dispositions. Ian left to start Archimedes Group with Ryan Narus in Charlotte, NC. They have sourced, participated, and closed over $20,000,000 in deals since 2016. Currently, Ian focuses on growing and operating the portfolio.
\n(00:01-02:59) Opening Segment
\n- Introduction of the host into the show
\n- Alpesh introduces the guest of the show, Ian Tudor
\n- Ian shares something interesting about himself
\n(03:00-32:38) Real Estate Investing Journey and How to Be Competitive in Mobile Home Parks
\n- How and why did Ian get into real estate
\n- Transition from single-family to mobile home parks
\n- Ian's first mobile home park deal
\n- How to find mobile home park opportunities
\n- The process of cold calling for MHP opprtunities
\n- How to be competitive in MHP
\n- Ian's acquisition strategy
\n- Types of MHP to target
\n- Ian's strategy for MHP with lots of mobile park owners
\n- Kinds of MHP to stay away from
\n(32:39-32:56) Break
\n(32:57-33:18 Second Segment)
\n- Welcoming listeners and guest back to the show
\n(33:19-38:22) Fire Round
\n- Will Ian change the business strategy after Coronavirus?
\n- Ian's favorite real estate, finance, or other related books
\n- Tool or website Ian recommends
\n- Ian's advice to beginner investors
\n- How does Ian give back?
\n- How can Wealth Matters Podcast listeners reach out to Ian?
\n(38:23-38:47) Closing Segment
\nReach out to Ian via email info@mobilehomeparkmentors.com and LinkedIn Ian Tudor. Also, feel free to join their Facebook Group Mobile Home Park Mastermind.