Each week Doug Hoyes talks to industry experts about debt, money, and personal finance. Don't be confused; listen as the guest experts cut through the jargon and share practical advice.
…
continue reading
Content provided by Ferd Niemann IV. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ferd Niemann IV or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Similar to The Mobile Home Park Lawyer Podcast
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Ep. 201 | Interview With MHP Owner Cory Harelson on How To Survive An Unplanned Emergency
Manage episode 477402806 series 2916569
Content provided by Ferd Niemann IV. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ferd Niemann IV or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Welcome back to the Mobile Home Park Lawyer Podcast! In this episode, we sit down with Cory Harelson, a structural engineer turned mobile home park investor, to discuss key lessons learned from buying, operating, and improving mobile home communities. Cory shares his journey from working long hours in engineering to discovering mobile home park investing and building a thriving portfolio.
Cory and Ferd discuss the challenges and successes of mobile home park acquisitions, including navigating zoning issues, scaling up with off-market deals, and managing private utilities. Cory dives into his most challenging deal—a wastewater treatment plant disaster—and how he overcame a $1 million setback. He also shares insights on sourcing off-market deals, utilizing virtual assistants for property management, and why ugly parks in great locations can be hidden gems for investors.
Whether you're a seasoned mobile home park owner or just getting started, this episode is packed with valuable insights on finding, financing, and optimizing mobile home parks. Tune in now to learn from Cory’s real-world experiences and discover how to scale your mobile home park investments successfully!
Highlights of the episode:
00:34 – Guest intro: Cory Harelson
01:50 – Leaving engineering to invest in mobile home parks
03:10 – Finding the first deal through Craigslist
05:12 – Scaling up with strategic acquisitions
08:45 – A costly mistake with private utilities
10:58 – How a wastewater treatment disaster nearly derailed a deal
15:30 – Lessons learned from financial setbacks
19:40 – Turning challenges into investment opportunities
22:55 – Sourcing deals: Off-market vs. brokered transactions
26:38 – Using virtual assistants to scale operations
31:15 – The infill process: New vs. used homes
36:50 – Market predictions for mobile home park investing
40:10 – Where to connect with Cory
Connecting with MHP Law:
Website: https://themobilehomelawyer.com/
Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069
LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/
Instagram: https://www.instagram.com/themhplawyer
Connecting with Guest:
Website: https://freedominvestinggroup.com/
Linkedin: https://www.linkedin.com/in/cory-harelson-81141414/
#MobileHomePark #RealEstateInvesting #PassiveIncome #ValueAddInvesting #MHPInvesting
202 episodes
Share
Manage episode 477402806 series 2916569
Content provided by Ferd Niemann IV. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ferd Niemann IV or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Welcome back to the Mobile Home Park Lawyer Podcast! In this episode, we sit down with Cory Harelson, a structural engineer turned mobile home park investor, to discuss key lessons learned from buying, operating, and improving mobile home communities. Cory shares his journey from working long hours in engineering to discovering mobile home park investing and building a thriving portfolio.
Cory and Ferd discuss the challenges and successes of mobile home park acquisitions, including navigating zoning issues, scaling up with off-market deals, and managing private utilities. Cory dives into his most challenging deal—a wastewater treatment plant disaster—and how he overcame a $1 million setback. He also shares insights on sourcing off-market deals, utilizing virtual assistants for property management, and why ugly parks in great locations can be hidden gems for investors.
Whether you're a seasoned mobile home park owner or just getting started, this episode is packed with valuable insights on finding, financing, and optimizing mobile home parks. Tune in now to learn from Cory’s real-world experiences and discover how to scale your mobile home park investments successfully!
Highlights of the episode:
00:34 – Guest intro: Cory Harelson
01:50 – Leaving engineering to invest in mobile home parks
03:10 – Finding the first deal through Craigslist
05:12 – Scaling up with strategic acquisitions
08:45 – A costly mistake with private utilities
10:58 – How a wastewater treatment disaster nearly derailed a deal
15:30 – Lessons learned from financial setbacks
19:40 – Turning challenges into investment opportunities
22:55 – Sourcing deals: Off-market vs. brokered transactions
26:38 – Using virtual assistants to scale operations
31:15 – The infill process: New vs. used homes
36:50 – Market predictions for mobile home park investing
40:10 – Where to connect with Cory
Connecting with MHP Law:
Website: https://themobilehomelawyer.com/
Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069
LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/
Instagram: https://www.instagram.com/themhplawyer
Connecting with Guest:
Website: https://freedominvestinggroup.com/
Linkedin: https://www.linkedin.com/in/cory-harelson-81141414/
#MobileHomePark #RealEstateInvesting #PassiveIncome #ValueAddInvesting #MHPInvesting
202 episodes
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Similar to The Mobile Home Park Lawyer Podcast
Each week Doug Hoyes talks to industry experts about debt, money, and personal finance. Don't be confused; listen as the guest experts cut through the jargon and share practical advice.
…
continue reading
The show that helps you maximize your wealth by turning complex financial situations into actionable advice. On Your Money. Your Mission., we answer the questions you’ve been asking about -- financial planning, investing, retirement and everything in between. Whether you’re navigating the complexities of the market or looking for the best ways to save or spend your money, tune in to hear from experienced financial advisors with JFG. Walk away from each episode with savvy tips and financial t ...
…
continue reading
Capitalmind looks at stocks, bonds, funds and the macro to bring you their view on the Indian financial markets. We discuss all things related to investing at our focussed podcast that keeps it simple. For more, go to capitalmind.in and to invest with us, visit capitalmindwealth.com
…
continue reading
The Partnership Economy explores the power of partnerships through candid conversations and stories with industry leaders. Our hosts, David A. Yovanno, CEO and Todd Crawford, Co-founder, of impact.com, unpack the future of partnerships as a lever for scale and an opportunity to put the consumer first.
…
continue reading
An archive of each full weekday episode of the award-winning program presented by Stephen Grootes.
…
continue reading
Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
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continue reading
Alessandro Bogliari, CEO and Co-Founder of The Influencer Marketing Factory, a global influencer marketing agency, talks with great guests about influencer marketing, social media, the creator economy, social commerce and much more.
…
continue reading
Motley Fool Money is a daily podcast for stock investors. Weekday episodes offer a long-term perspective on business news with The Motley Fool's investment analysts. Weekend shows are a mix of investing classes and longer-form interviews. The show is hosted by Dylan Lewis, Ricky Mulvey, and Mary Long.
…
continue reading
In each episode of "Goldman Sachs Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.
…
continue reading
Some Goodness is hosted by Richard Ellis, a seasoned sales leader passionate about inviting top business minds to share their wisdom. Each episode is only 15-20 minutes, perfect for your commute or workout.
…
continue reading
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Go offline with the Player FM app!
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