Description

Today's guest is Franco Perez, founder and president of Franco Mobile Homes. Driven by a childhood in unstable housing, Franco is dedicated to providing affordable housing in Silicon Valley. 

His team works to reimagine mobile homes, expanding affordable housing options in the Bay Area and unlocking pathways to homeownership, fostering financial security for families facing seemingly impossible challenges.

In this episode, Franco shares his inspiring journey from a tough background to a successful real estate agent focused on affordable homeownership for the working class. Explore the potential of mobile homes and Franco's industry revolution. 

Discover how modernization elevates mobile homes, challenges stereotypes, and emphasizes ownership pride in this insightful episode on redefining affordable housing solutions. Stay tuned!

Episode Topics

[01:31]  Meet our guest,  Franco Perez
[02:26] From Renting to Owning: Real Estate Success
[07:03]  Rethinking Homeownership: The Mobile Home Advantage
[12:40]  Unlocking the Secrets of Affordable Homeownership
[19:06]  Affordable Housing Transformation: Mobile Home Upgrades
[23:00]  Surprising Luxury in Mobile Homes
[27:24]  What is one red flag every investor should look out for?
[28:27]   What is a myth about the real estate business?
[30:12]   Connecting to  Franco

Notable Quotes

• "There used to be this stair-step approach that doesn't seem as feasible nowadays for a variety of reasons. So it sounds like you're trying to find another way for people to at least get on those stairs to start climbing." - Tim Little
• "So essentially, if we look at the scope of our country today, material costs are getting more expensive. Labor is getting more expensive. The cost of construction and building housing is going to get more and more expensive as well." - Franco Perez
• "FHA 3.5% - I've personally used that. I've never done the whole 20 percent for a house." - Tim Little
• "Appreciation is something that needs to be analyzed, and you get the real information of how it works in your market." - Franco Perez
• "We use all the materials that new homes are being built with today. And we have high standards of the quality of how they're being built as well... It really becomes a beautiful thing." - Franco Perez
• "People think about what their parents live in, but these interiors have marble countertops. Impressive!" - Tim Little
• "The media often portrays mobile homes negatively, but there's a full spectrum of quality, just like with apartments."  - Franco Perez

Connect with  Franco Perez

• LinkedIn:  Franco Perez
• Website:Franco.TV
• Email: franco@franco.tv
• Youtube: @francomobilehomes

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: tim@zanainvestments.com
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497