3 - From Horseback to Mobile Home Parks with Erin Vandegrift

Real Estate 101

Description:

In this episode, Paul and Peter are joined by Erin Vandegrift, a former professional equestrian turned mobile home park investor. Erin shares her journey from managing a 1,200-pound horse to overseeing mobile home parks across the U.S. She dives into the challenges of switching careers, learning the ins and outs of real estate investing, and how creative financing helped her build a growing portfolio. With a clear focus on mobile home parks, Erin offers valuable lessons for anyone looking to enter the world of real estate investment.

Takeaways:

• Confidence grew through community support and networking.
• Creative financing strategies were key to her first deal.
• The importance of due diligence in real estate.
• Erin prefers tenant-owned homes for reduced maintenance costs.
• Taking action is crucial for learning and growth in real estate.
• Value-add investing in mobile home parks

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About the Guest:

Erin Vandegrift is a real estate investor with a focus on mobile home parks. Originally from Virginia, Erin began her career as a professional horse rider before transitioning into real estate. She has managed everything from apartment complexes to industrial spaces, but found her passion in mobile home park investing. Erin currently oversees parks in West Virginia, Oklahoma, and Tennessee, with a goal to expand her portfolio to 500 lots in the next two years. When she's not investing, Erin enjoys traveling in her RV and spending time with her miniature horses and donkeys.