Jefferson Lilly - Podcast Details

Shows

Raise the Bar EP 228 | How to Create $600K Per Month in Income Through Mobile Home Parks with Jefferson Lilly (Encore)On this episode of the Passive Income Attorney podcast, Seth is joined by Jefferson Lilly as they talk about taking a contrarian point of view to find rare opportunities where you least expect them. Inside this episode, Seth and Jefferson take a deep dive and explore mobile home parks as a valuable and viable investment to the tune of $600K per month. Additionally, Jefferson gives away his secret to exponentially scaling your business by going from “irreplaceable” to “irrelevant.” Enjoy the episode! “The best way to generate income is to be come irrelevant to the business.” HIGHLIGHTS...

2024-10-2338 min

Passive Mobile Home Park Investing Interview with Jefferson Lilly of Park Avenue PartnersWelcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew interviews one of America’s largest mobile home park operators, and one of his mentors in Mr. Jefferson Lilly from Park Avenue Partners. Jefferson is a mobile home park investing expert and educator. He is the General Partner at Park Avenue Partners and has acquired over 43 mobile home parks across 15 states since 2007, totaling over $81 million in asset value. Jefferson started the mobile home park industry’s first podcast and the largest grou...

2023-12-1940 min

Real Finds Podcast: Commercial Real Estate Unfiltered Mastering Manufactured Home Investing With Jefferson Lilly - Real Finds PodcastIn episode #31, we dive deep into the often-overlooked realm of the real estate world, manufactured home investing with none other than Jefferson Lilly. With regular features on the Bigger Pockets Podcast and hosting his own show, The Mobile Home Park Investors Podcast, Jefferson has firmly cemented himself as an authoritative voice in the manufactured home space. If you've ever wondered about the dynamics, benefits, and potential of investing in manufactured housing, this episode is a goldmine of insights. Beyond his podcast endeavors, Jefferson spearheads the largest networking group for Mobile Home Investing on LinkedIn, a testament to his dedication and...

2023-09-2043 min

The Diversify Show with Eric Lindsey Retiring From Silicon Valley Through Mobile Home Park Investing with Jefferson LillyJefferson Lilly is a mobile home park investment expert and educator. He founded Park Avenue Partners, a private equity real estate fund that acquires and operates mobile home parks nationwide. His investment funds return 10% - 15% IRRs to Limited Partners. Jefferson has acquired 43 MHPs in 15 states since 2007, personally and through his partnerships, totaling over $81mm in value. He started the industry’s first MHP podcast and the largest group on LinkedIn dedicated to investing in mobile home parks. Website: http://Ericlindseydiversify.comClick On The Link Below To Schedule A Call With Eri...

2023-08-1927 min

The Side Hustle and Business Show with Eric Lindsey Retiring From Silicon Valley Through Mobile Home Park Investing with Jefferson LillyJefferson Lilly is a mobile home park investment expert and educator. He founded Park Avenue Partners, a private equity real estate fund that acquires and operates mobile home parks nationwide. His investment funds return 10% - 15% IRRs to Limited Partners. Jefferson has acquired 43 MHPs in 15 states since 2007, personally and through his partnerships, totaling over $81mm in value. He started the industry’s first MHP podcast and the largest group on LinkedIn dedicated to investing in mobile home parks. Before beginning to manage investors’ money in 2014, Jefferson spent seven years investing his capital in mobile home parks...

2023-08-1526 min

The Moonlight Real Estate Syndication Show Retiring From Silicon Valley Through Mobile Home Park Investing with Jefferson LillyJefferson Lilly is a mobile home park investment expert and educator. He is the founder of Park Avenue Partners, a private equity real estate fund that acquires and operates mobile home parks nationwide. His investment funds return 10% - 15% IRRs to Limited Partners. Jefferson has acquired 43 MHPs in 15 states since 2007, both personally and through his partnerships, totaling over $81mm in value. He started the industry’s first MHP podcast and the largest group on LinkedIn dedicated to investing in mobile home parks. Prior to beginning to manage investors’ money in 2014, Jefferson spent seven years investing his o...

2023-02-2627 min

The Moonlight Real Estate Side Hustles and Syndications Show Retiring From Silicon Valley Through Mobile Home Park Investing with Jefferson LillyJefferson Lilly is a mobile home park investment expert and educator. He founded Park Avenue Partners, a private equity real estate fund that acquires and operates mobile home parks nationwide. His investment funds return 10% - 15% IRRs to Limited Partners. Jefferson has acquired 43 MHPs in 15 states since 2007, personally and through his partnerships, totaling over $81mm in value. He started the industry’s first MHP podcast and the largest group on LinkedIn dedicated to investing in mobile home parks. Before beginning to manage investors’ money in 2014, Jefferson spent seven years investing his capital in mobile home parks...

2023-02-2627 min

Real Estate Investing for Cash Flow with Kevin Bupp FBF #554: The TOP 10 mistakes to avoid when investing in Mobile Home Parks – with Jefferson LillyToday's Flash Back Friday Episode is from Episode #31, which originally aired on August 04, 2014 Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times and Bloomberg Magazine. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest, and consults to mobile home park owners in California. Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed star...

2023-02-1748 min

Raise the Bar EP 107 | How to Create $600K Per Month in Income Through Mobile Home Parks with Jefferson Lilly (Encore)On this encore episode of the Passive Income Attorney podcast, Seth is joined by Jefferson Lilly as they talk about taking a contrarian point of view to find rare opportunities where you least expect them. Inside this episode, Seth and Jefferson take a deep dive and explore mobile home parks as a valuable and viable investment to the tune of $600K per month. Additionally, Jefferson gives away his secret to exponentially scaling your business by going from “irreplaceable” to “irrelevant.” Enjoy the episode! “The best way to generate income is to become irrelevant to the business.” HIGHLIGHTS...

2022-11-0938 min

Raise the Bar EP 57 | How to Create $600K Per Month in Income Through Mobile Home Parks with Jefferson LillyOn this episode of the Passive Income Attorney podcast, Seth is joined by Jefferson Lilly as they talk about taking a contrarian point of view to find rare opportunities where you least expect them. Inside this episode, Seth and Jefferson take a deep dive and explore mobile home parks as a valuable and viable investment to the tune of $600K per month. Additionally, Jefferson gives away his secret to exponentially scaling your business by going from “irreplaceable” to “irrelevant.” Enjoy the episode! “The best way to generate income is to be come irrelevant to the business.” HIGHLIGHTS...

2021-09-2338 min

Life and Money Show Why Mobile Home Parks Are Great Investments with Jefferson LillyWhere to find mobile home parks dealsThe mobile home park communityRaising money to investWhat kind of deals to look forRent-and-own business modelsHow to recognize a good dealLife and Money Impact RoundWhat is the one thing to do now to live a meaningful and intentional life by design?What is one life or money hack that you can share to make an impact on others' lives?One thing to do right now to make the world a better placeABOUT JEFFERSON LILLYJefferson is a mobile home park investment expert and educator. He is...

2021-06-0351 min

Raising Private Money with Jay Conner Own A Mobile Home Park Now! with Jefferson Lilly & Jay Conner, the Private Money AuthorityIn today's episode of Real Estate Investing with Jay Conner joins Jefferson Lilly of Park Avenue Partners. Park Avenue Partners is a real estate investment partnership that invests in and operates mobile home parks nationwide. It is their mission both to generate above-average risk-adjusted returns for our limited partners, as well as to increase the supply of affordable housing for low-income Americans. Jefferson Lilly will talk about: • How to become able to quit your day job and achieve financial independence • How investing in a mobile home park fund fits into estate planning (diversification, high yield cash payouts, tax losses, non-correlation) • How to...

2021-05-0624 min

Real Talk with Leigh Brown Investing in Mobile Home Parks with Jefferson LillyWhat do you do when a tornado’s on the horizon? You crack open a cold one and watch it, of course! Jefferson Lilly, the founder and managing partner of Park Avenue Partners and host of the Mobile Home Park Investor’s podcast, shares his mobile home park manager’s surprising tornado response. Listen in to hear how Jefferson got into mobile home park investing, why he runs all his purchases by his advisory board first, and a lesson he learned about government operations - and learn why he believes he’s in the best niche in real estate. Ple...

2020-12-1723 min

Weiss Advice Tech Guy Turned Mobile Home Park Investor with Jefferson LillySend us a textFrom Tech Guy to Mobile Home Park Investor, and today's guest, Jefferson Lilly. Jefferson is a household name in the mobile home park investing space. He founded the Park Avenue Partners, a company dedicated to building partnerships and investing in mobile home parks. He also started the industry's first mobile home park podcast and the largest group on LinkedIn dedicated to mobile home park investors.[00:01 – 06:38] Mobile Home Park InvestorsI introduce and welcome guest, Jefferson LillyWe talk about Jefferson's podcast, Mobile Home Park Investors[06:39 – 17:46] From the Tech...

2020-09-2924 min

BiggerPockets Real Estate Podcast Escaping the Day-to-Day Grind to Work ON Your Business with Jefferson Lilly Want to step out of your business and finally gain the freedom to think more strategically? Let Jefferson Lilly show you how!Jefferson is a mobile home park investor, who went from sleeping on an air mattress on-site at his mobile parks to running a lean team and focusing his energy on raising millions from investors.No matter what stage of your career you’re in or what your preferred strategy is, you’ll get a ton of value out of this high-level discussion about building a “2.0” business that serves you AND your team.You’ll...

2020-02-131h 18

Bootstrapping Your Dreams Show 030 | Seeing Business Opportunities Where Nobody Sees Them, With Jefferson LillyJefferson Lilly and Manuj Aggarwal discuss the business of real estate in this new episode of Bootstrapping Your Dreams Show. We will dig into a small and quirky niche, we will learn about the business of Mobile Home Parks. This dialog will serve us to explore how to find and build business opportunities where nobody sees them.What are you waiting for? Tune In Now!In this episode, we will learn to:How to discover new business opportunities where nobody sees themHow an obscure...

2019-06-0727 min

The Smart Real Estate Coach Podcast|Real Estate Investing Investing in Mobile Home Parks, with Jefferson Lilly Jefferson is a mobile home park investment expert and educator. He is the founder of Park Avenue Partners (ParkAvenuePartners.com) and co-founder of Park Street Partners. Collectively he owns 25 MHPs coast-to-coast totaling over $56m in value. Jefferson started the industry’s first podcast dedicated to investing in MHPs (MobileHomeParkInvestors.com). Prior to managing investors’ money in 2013, he spent seven years investing his own capital in mobile home parks. Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the Real Money television show. He holds a B.A. from the University of Penn...

2019-05-2930 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson VIDEO: EP119: Tales from the Road: NCC/MHI Trade Show (National CommunitiesWelcome to Episode 119 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson is back after a short podcast hiatus with some interesting updates from the latest trade show he attended. Jefferson recommends you attend the NCC trade show to learn about the latest industry news and to network with others. He’s even gotten a deal out of it himself by attending this event! Key Takeaways: [1:50] Who should go to the NCC trade show? [2:50] What economic trends have been affecting the...

2019-02-0745 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Tales From The Road: NCC/MHI Trade Show (National Communities Council)Welcome to Episode 119 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson is back after a short podcast hiatus with some interesting updates from the latest trade show he attended. Jefferson recommends you attend the NCC trade show to learn about the latest industry news and to network with others. He’s even gotten a deal out of it himself by attending this event! Key Takeaways: [1:50] Who should go to the NCC trade show? [2:50] What economic trends have been affecting the...

2019-02-0745 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson SECO 2018 Trade Show RecapWelcome to Episode 114 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson is back with another SECO Trade Show Recap. Find out more about some of the interesting things that were featured in this year’s conference and we hope to see you next year! Key Takeaways: [1:00] This week, Jefferson is doing a review of the SECO Conference he just attended last month. [1:50] The conference first started off with a session on social media marketing that was very interesting and fil...

2018-11-2235 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Book Report: Am I Being Too Subtle? by Sam Zell (Part 3 of 3)Welcome to Episode 111 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In this last and final installment, Jefferson wraps up his book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read Sam’s book for his real estate and mobile home knowledge and shares what he has learned in this 3-part series. Key Takeaways: [1:05] Sam noticed that yo...

2018-09-2727 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Book Report: Am I Being Too Subtle? by Sam Zell (Part 2 of 3)Welcome to Episode 110 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In part 2, Jefferson continues his book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read Sam’s book for his real estate and mobile home knowledge and shares what he has learned in this 3-part series. Key Takeaways: [1:40] Sam recognized there was an unfilled dem...

2018-09-2032 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Book Report: 'Am I Being Too Subtle?' By Sam Zell (Part 2 of 3)Welcome to Episode 110 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In part 2, Jefferson continues his book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read Sam’s book for his real estate and mobile home knowledge and shares what he has learned in this 3-part series. Key Takeaways: [1:40] Sam recognized there was an unfilled dem...

2018-09-2032 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Book Report: Am I Being Too Subtle? by Sam Zell (Part 1 of 3)Welcome to Episode 109 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In a first ever for this podcast, Jefferson does a book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read his book for Sam’s real estate and mobile home knowledge and shares what he has learned in a 3-part series. Key Takeaways: [2:40] Jefferson sha...

2018-09-1332 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Book Report: Am I Being Too Subtle? by Sam Zell (Part 1 of 3)Welcome to Episode 108 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. In a first ever for this podcast, Jefferson does a book report on Am I Being Too Subtle? by Sam Zell. Sam has made over a billion dollars in smart investments in industries such as real estate, energy, manufacturing, healthcare, and more. Jefferson was curious to read his book for Sam’s real estate and mobile home knowledge and shares what he has learned in a 3-part series. Key Takeaways: [2:40] Jefferson sha...

2018-09-1332 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Interview Andrew Keel Tells Us How He Got In The Manufactured Housing BusinessWelcome to Episode 108 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson invites Andrew Keel to share his story as a new park owner. Andrew discusses how he found his first mobile home, the resources he uses to find new tenants and the nitty-gritty details that go into owning and managing a park! Key Takeaways: [2:05] What did Andrew do prior to mobile home parks? [5:45] Andrew explains how he found his first mobile home park. [6:55] What kind of relationship d...

2018-09-0633 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Interview Patrick McKenna Has Taken The Plunge And Bought Two Mobile Home Parks (2 of 2)Welcome to Episode 106 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Patrick McKenna joins Jefferson on today’s show to share his journey into mobile home park ownership. He shares mistakes and lessons learned from buying his second park, the quality of RV tenants, and his plans to acquire a third park! Key Takeaways: [1:15] Patrick originally had some issues with brokers behaving unprofessionally. How did he handle that? [3:15] How did Patrick find his second park? [6:50] What was occupancy like when Pa...

2018-06-2827 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Interview Patrick McKenna Has Taken The Plunge And Bought Two Mobile Home Parks (1 of 2)Welcome to Episode 106 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Patrick McKenna joins Jefferson on today’s show to share his journey into mobile home park ownership. He discusses how he did his due diligence on his first park and why he and his business partner are a great business match. This is a two-part episode, so be sure to check back next week to find out more about Patrick’s second mobile home park! Key Takeaways: [2:30] What did Patrick do befor...

2018-06-2130 min

Cashflow Ninja 305: Jefferson Lilly: How To Become Economic Independent Within 10 Years Through Mobile Home Park InvestingMy guest in this episode is Jefferson Lilly. Jefferson is a self-made millionaire, mobile home park investment expert, educator, and industry consultant. Park Street Partners owns 17 MHPs coast-to-coast totaling over $32mm in value. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital acquiring and operating mobile home parks. Before becoming an investor full-time, Jefferson spent nine years in sales leadership roles with several venture-backed startups in Silicon Valley. Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the ‘Real Money’ television show. He holds a B.A. f...

2018-05-1834 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Beware The Easy-To-Fill Mobile Home ParkWelcome to Episode 101 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. On today’s podcast, Jefferson shares his first-hand experience at buying an ‘easy-to-fill’ mobile home park. It was his second mobile home park that he had bought and he ended up walking away with a lot of wise experience from that purchase. Key Takeaways: [1:20] Jefferson shares a story of what happened in the due diligence process when he bought his second mobile home park. [1:45] How do you fill your park with new te...

2018-05-1712 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Guide To Our First 100 PodcastsWelcome to Episode 100 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson is celebrating the big 100th episode by giving you a quick and helpful guide to the last 99 episodes. He lists some of his top favorite/most useful podcasts for someone who might be in the beginning stages of buying a park all the way to someone getting ready to sell their park. Key Takeaways: [1:30] Thank you for listening! This is episode 100! Let’s do a quick recap of the past 0-99...

2018-05-1017 min

Flipping America Investing in Mobile Home Parks, Jefferson LIllyFAR 134 Expected Air Date: 03/24/18 Opening Good morning everyone. My father always used to say, “invest in dirt -- they are not making any more of it.” True wisdom. Today we are going to feature a real estate asset class where, if you can find it, you can make a 12-15% return on your money. The challenge is this - they aren’t making any more of them. What am I talking about? Mobile Home Parks. Mobile home parks have always gotten a bad rap, but the truth is, these parks provide low cost living environments for working class people, usually have a...

2018-03-261h 00

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Interview: Brandon Turner (BiggerPockets co-founder) and Ryan Murdock, First-Time MHP BuyersWelcome to Episode 93 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson sits down with Brandon Turner and Ryan Murdock. They’re both experienced real estate investors, but they recently purchased their first mobile home park in Maine. Brandon and Ryan give details on what their business partnership looks like, their due diligence process, and also share some of the challenges they had to face while owning and renovating this ‘new’ park. Key Takeaways: [3:00] How did Brandon and Ryan first meet? [5:10...

2018-03-0145 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Interview: Jill Denlea, First-Time MHP BuyerWelcome to Episode 92 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson sits down with Jill Denlea, who is in the process of buying her first mobile home park. On the show, she discusses her experiences and what kind of lessons she’s learned so far about buying her first mobile home park! Key Takeaways: [2:30] Who is Jill and what is her background? [8:15] Jill recently got into mobile home parks. How did Jill find her first park and how big is...

2018-02-2234 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP091: TEXCO18 Trade Show RecapWelcome to Episode 90 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson attended for the very first time TEXCO18, which is their 2nd annual event. On the show, Jefferson does a quick highlight of the two-day event and some of the interesting things he learned while there. Key Takeaways: [1:35] Jefferson highly recommends going to trade shows. [2:15] This is the second year the TEXCO conference has been running, but this was the first time Jefferson attended. [3:35] The guys over at Sunstone...

2018-02-1528 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson Interview: Daniel Din Of Freddie Mac Explains How To Borrow From The GovernmentWelcome to Episode 90 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson sits down with Daniel Din in San Francisco to discuss what park owners need to know about Freddie Mac’s lending opportunities. Daniel is the perfect guest for this week’s show because he has been with Freddie Mac since 2007 and oversaw the development of the manufactured housing lending department in 2014. Key Takeaways: [2:00] What’s Daniel’s background and what did he do before he joined Freddie Mac? [2:45] Daniel sh...

2018-01-2548 min

BiggerPockets Real Estate Podcast $600,000 in Gross Rents from Mobile Home Parks with Jefferson Lilly Mobile Home Parks can be one of the most profitable business models around, but learning to scale without losing all your time can be tough. That’s the story on today’s episode of the BiggerPockets Podcast, where we sit down with Jefferson Lilly to talk about how he’s acquired 2,600+ “pads” in the past few years and the lessons he’s learned in scaling. We also discuss the ins and outs of raising private money through a “fund,” which will both fascinate and educate you, so don’t miss a moment of it. Whether you want to buy mobile home parks or n...

2018-01-181h 48

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP083: NCC 2017 Trade Show RecapWelcome to Episode 83 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson sits down to do a quick recap of the 2017 National Communities Council that he attended in Chicago. It’s a great place to get industry-related news as well as to network! Key Takeaways: [1:35] Around 400-500 attendees showed up at this years NCC trade show. [3:00] Hopefully we will see less regulation in the next couple of years. [5:15] Jefferson attended a seminar about using technology tools (ManageAmerica) to better...

2017-11-1120 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson VIDEO: EP080: MHP 2.0 - Taking Your Investing To The Next Level (2 of 2)Welcome to Episode 80 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This is a part 2 of a 2-part interview, so if you missed the first episode, be sure to listen to that one first! Jefferson showcases the talk he did at the SECO conference and continues his discussion about how he structures his accounting for his business and more! Key Takeaways: [1:25] Jefferson discusses why he likes to use Rent Manager. [5:35] Jefferson has been using Dropbox as well to keep track o...

2017-10-2727 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP080: MHP 2.0 - Taking Your Investing To The Next Level (2 of 2)Welcome to Episode 80 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This is a part 2 of a 2-part interview, so if you missed the first episode, be sure to listen to that one first! Jefferson showcases the talk he did at the SECO conference and continues his discussion about how he structures his accounting for his business and more! Key Takeaways: [1:25] Jefferson discusses why he likes to use Rent Manager. [5:35] Jefferson has been using Dropbox as well to keep track o...

2017-10-2727 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson VIDEO: EP079: MHP 2.0 - Taking Your Investing To The Next Level (1 of 2)Welcome to Episode 79 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. On today’s show, Jefferson plays the talk he did at the SECO conference about how you can take your mobile home investing to the next level and scale up! This is a part 1 of a two-part interview, so keep your eyes peeled for the second recording coming out soon! Key Takeaways: [7:25] Jefferson will discuss today how he’s grown from being a sole proprietorship to running an organization that runs parks...

2017-10-2628 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP079: MHP 2.0 - Taking Your Investing To The Next Level (1 of 2)Welcome to Episode 79 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. On today’s show, Jefferson plays the talk he did at the SECO conference about how you can take your mobile home investing to the next level and scale up! This is a part 1 of a two-part interview, so keep your eyes peeled for the second recording coming out soon! Key Takeaways: [7:25] Jefferson will discuss today how he’s grown from being a sole proprietorship to running an organization that runs parks...

2017-10-2628 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP077: SECO 2017 Trade Show RecapWelcome to Episode 77 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson recently attended the Southeastern Community Owners Trade Show, which is a smaller version of the NCC Show. There were only about 300 people who attended this year, which makes it a great place to meet fellow homeowners and industry professionals. Jefferson does a recap of some of the key takeaways he’s learned while he attended the conference. Key Takeaways: [:50] Just a quick update on the SECO conference. [1:25] SECO was...

2017-10-1820 min

Men of Abundance 119: Finding Abundance in the Mobile Home Park Industry with Jefferson LillyTrailer Parks, also referred to as Mobile Home Parks are amazing sources of Abundance and Prosperity. Think about the value added to millions of people and the profits that can be earned from the industry. As with every industry, there's a right way to do business and a wrong way. Jefferson Lilly and I are going to share with you the right way to do business in the Mobile Home Park industry. And Jefferson is going to point in the direction to get all the education and mentorship you would need to find your abundance in Mobile Home Parks.

2017-10-1044 min

Personal Profitability Podcast PPP066: Mobile Home Investing with Jefferson LillyThank you for reading this article, which comes to you originally from Personal Profitability.When you think of mobile homes, the first word that comes to mind is probably not profit, but that's exactly how Jefferson Lilly looks at the world of trailer parks and mobile homes. With years of experience, Jefferson has learned how to spot smart, relatively low-risk investment opportunities across the nation that don't require tens […] The post PPP066: Mobile Home Investing with Jefferson Lilly appeared first on Personal Profitability.

2017-08-2921 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP066: Interview: Craig Procter of Starker 1031 Exchange Services, Part 1Welcome to Episode 66 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today, we’re going to learn how to pay no taxes! Craig Procter of Starker 1031 Exchange Services explains to Jefferson and Brad how you can structure things (legally) on your real estate and save some money. Keep in mind that this interview is part one of a two-part episode. Tune in next week to hear more from your hosts and Craig! Key Takeaways: [2:45] Who is Craig and how did he get sta...

2017-08-0332 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP064: Interview: Matt Cohen of Gama Sonic Solar LightingWelcome to Episode 64 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. As Brad is off this week, Jefferson interviews Matt Cohen from Gama Sonic Solar Lighting, based out of Atlanta. On today’s show, Matt discusses the benefits of using solar lights vs. traditional lights in your mobile home park. Aside from the obvious reduction in your electricity bill, solar lights also require less maintenance. Key Takeaways: [1:55] Who is Matt and what does he do for Gama Sonic Solar Lighting? [4:25] How...

2017-07-2026 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP056: Tales From the Road: Hiring A Manager For Our Newest ParkWelcome to Episode 56 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. As Brad is off this week, Jefferson offers a case study on his recent park manager hire. This is a complementary show to Episode 45: How to Hire the Right Manager, which you can listen to on iTunes. Jefferson discusses the ins and outs of how he found his most recent manager for his new park. Key Takeaways: [1:30] Jefferson and Brad recently made an acquisition in Florida. The park came with the m...

2017-05-2525 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP054: Tales From the Road: MHI 2017Welcome to episode 54 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Brad is off on this week’s episode. Jefferson does a quick recap of the MHI Show that was hosted in Vegas this year, and shares some of the useful technologies he found out about while at the tradeshow. Key Takeaways: [1:25] Jefferson ended up getting a handful of deals at the tradeshow. [2:45] What kind of technological tools did Jefferson see? [6:15] Jefferson would like to have several of the...

2017-05-1119 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP050: Interview: Mike Renz talks environmental liability, Phase 1s, and MHPsWelcome to episode 50 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson and Brad interview Mike Renz, an environmental geologist & consultant. Mike’s clients hire Mike to test the soil of properties and sites prior to purchase. Mike talks in detail about the type of work he does for property investors, and why it’s so important to understand what kinds of toxins are in your soil. Key Takeaways: [1:35] Mike takes long motorcycle rides just to go look at rocks. [2:45] How d...

2017-03-1638 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP049: Jefferson Reflects On 10 Years In The BusinessWelcome to episode 49 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. March 2nd marks Jefferson’s 10th year in the mobile home park industry! As Brad is off this week, Jefferson reflects on the many, many lessons he’s learned over the years. Key Takeaways: [1:00] Jefferson has been in the business for 10 years! [2:15] Jefferson never would have been able to predict everything that’s happened over the last 10 years. He thought that after he spent a year in this business, he was...

2017-03-0923 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP048: Quick Tip: How to Save on Your Electric BillWelcome to episode 48 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Brad is off on this week’s episode, but Jefferson has a powerful tip that took him nearly ten years to figure out! If you’re looking for a creative way to reduce that costly electric bill, then this is an episode you surely do not want to miss! Key Takeaways: [1:15] Today’s podcast is going to be like an espresso — very concentrated! [2:00] It took Jefferson nearly 10 years to figure ou...

2017-03-0211 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP045: How to Hire the Right ManagerWelcome to episode 45 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson and Brad dive right in on how to hire the right property manage for your mobile home park. What do Jefferson and Brad look for in a manager? Find out today! Key Takeaways: [2:00] You have to hire somebody with integrity. [2:25] When Jefferson and Brad acquire a new property, they’re open to keeping the same manager. [5:30] Jefferson dives into how he finds good talent. [7:15] Des...

2017-02-0921 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP044: 2016 - The Year In ReviewWelcome to episode 44 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson and Brad welcome listeners to the new year! They do a quick year-end wrap-up of 2016, and discuss the future of mobile home parks, on this week’s episode. What can we look forward to in 2017? You’ll have to listen in! Key Takeaways: [:55] Happy New Year, everybody! [1:25] Jefferson and Brad have been busy during the month of January and are getting ready to close on their second deal for t...

2017-02-0235 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP043: Case Study: Fort Worth Mobile Home Park for Sale (part 2 of 2)Welcome to episode 43 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This episode is a continuation of last week’s podcast, where Jefferson walks Robert Nelson through the math and money behind purchasing his first mobile home park. What are some telltale signs that Robert needs to look out for? Find out today! Key Takeaways: [1:45] It’s a good thing Robert’s first prospect park is not listed in the yellow pages. [3:05] Jefferson is now looking up on Google Earth where t...

2016-12-2929 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP042: Case Study: Fort Worth Mobile Home Park for Sale (part 1 of 2)Welcome to episode 42 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson Lilly invites Robert Nelson on to the show to discuss the first mobile home park Robert found, and does an analysis on the property. Jefferson walks Robert through the process, and the math, to help him come to the conclusion whether the mobile park home he found is worth the hefty price tag. Key Takeaways: [2:55] How did Robert first get involved with mobile home parks? [7:10] How did Robert f...

2016-12-2228 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP041: Park Street Partners: Update On Fund 2Welcome to episode 41 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This week’s episode covers Jefferson and Brad’s deal flow, along with the properties that they have in their fund right now. They discuss a little bit about the inner workings of each mobile home park, and share their expert advice to you! Key Takeaways: [1:00] Jefferson and Brad give an update on how their portfolio is doing right now. [1:40] The first mobile home park property is located in Hills...

2016-12-1525 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP040: How to Know In 30 Seconds If You Should Buy A Mobile Home ParkWelcome to episode 40 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson records this quick 9-minute episode to discuss in detail the things you can do in 30 seconds or less, to find out whether you’ve got a good mobile home park deal on your hand. As you look at more deal flow, you can’t afford to waste time on bad properties! Key Takeaways: [1:40] As you start seeing more deal flow, it’s very important to start separating wheat from chaff. ...

2016-12-0809 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP039: Interview: David Protiva Talks Mobile Home Parks, Mistakes, And AdviceWelcome to episode 39 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Brad is off this week, but this means that Jefferson gets to interview David Protiva. David and two other co-founders, Chuck Meek and Mark Titshaw, have been hosting the ‘Trailer Park Kings’ event every year since 2006. As Jefferson attends this event, he also gets a behind-the-scenes looks at David’s investment strategy, and how he got started in this industry. Key Takeaways: [1:50] David explains how these meetups at his house got started...

2016-11-2421 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP038: Tales From The Road: A Typical Diligence TripWelcome to episode 38 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Brad is off this week, so it’s just your co-host Jefferson! Today, in this quick 12-minute episode, Jefferson goes through the steps he takes -- what a typical diligence trip looks like for him. Key Takeaways: [1:00] On today's show, Jefferson will cover what a typical diligence trip looks like for him. [2:15] Jefferson flew into Detroit, and made it a point to see the property while the sun was sti...

2016-11-1712 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP037: Tales From The Road: The Manufactured Housing Institute's National Communities Council Meeting in Chicago, ILWelcome to episode 37 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson from Park Street Partners. Jefferson is flying solo as a host today! On November 1st - 3rd, Jefferson attended the Manufactured Housing Institute (MHI) meeting in Chicago, IL, and has some thoughts to share on what he learned. If you weren’t able to attend the meeting, you can get a quick recap of the event right here! Key Takeaways: [1:00] Jefferson does a recap of the latest MHI meeting in Chicago. [1:35] This event is rea...

2016-11-1016 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP036: Tales From The Road: The SECO Conference in Atlanta, GAWelcome to episode 36 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. It’s just Jefferson on this week’s podcast, as Brad is out of the office. Jefferson does a quick recap of the SECO (Southeast Community Owners Symposium) conference he attended in Atlanta. It’s a three-day conference jammed pack with helpful information for mobile home park owners. If you’re a mobile park owner located in the Southeast, or hoping to become a mobile home park owner, please be sure to check out the details for next yea...

2016-11-0320 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP032: How to Find, Buy, and Move a Mobile Home into Your Mobile Home ParkWelcome to episode 32 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson with the Park Street Partners. In this episode, Jefferson and Brad discuss many aspects of mobile homes, including stories and practical tips on how to find a mobile home, how to buy a mobile home, and how to move a mobile home. If you’re in the mobile home park business, it’s inevitable that you’re going to have to buy some mobile homes and transport them into your parks. Listen in to find out about diligence and what you need to kno...

2016-09-2224 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP031: Using Technology to Manage Your Mobile Home ParkWelcome to episode 31 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Brad is back on this episode, which is all about how Jefferson and Brad use technology in their mobile home park business. Listen in to learn which technology to use while doing diligence on a mobile home park, as well as find out what tech tools are available to help you manage the day-to-day activities of your mobile home park. Key Takeaways: [1:36] Apple MacBook and iPhone — The only technology that Jefferson and...

2016-09-1532 min

Onward Nation Episode 315: Focus on your circle of competence, with Jefferson Lilly.Jefferson Lilly is a self-made millionaire mobile home park investment expert, educator, and industry consultant. Prior to co-founding Park Street Partners in 2013, Jefferson spent seven years investing his own capital acquiring and operating his own mobile home parks. Before becoming a full-time investor, Jefferson spent nine years in sales leadership roles with several venture-backed startups in Silicon Valley. Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the “Real Money” television show. Secret – timesaving technique Jefferson is trying to hire more employees -- it's important to delegate tasks. ONWARD! Daily...

2016-09-0200 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP029: Let's Do the Math: Why You Should Never Build A Mobile Home Park From ScratchWelcome to episode 29 of the Park Street Partners’ Mobile Home Park Investors podcast, hosted by Jefferson Lilly, as Brad Johnson is off this week. This week, Jefferson dives into three hypothetical scenarios and offers practical math on whether you should build your mobile park home from scratch or purchase a pre-existing mobile home park. And he covers using Berkshire Hathaway's 21st Mortgage CASH program (or equivalent) to infill your mobile home park with mobile homes. Find out more by listening to Jefferson's detailed analysis. Key Takeaways: [1:10] Today's topic is about why you should never...

2016-08-1149 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP028: To Accept Or Not to Accept Section 8?Welcome to episode 28 of the Park Street Partners’ Mobile Home Park Investors podcast, hosted by Jefferson Lilly, as Brad Johnson is off this week. This episode is quick but informative. We get a lot of questions, at Park Street Partners, about whether Section 8 is something that people should accept. In a nutshell, the answer is that it varies, based on where your mobile home park is. Listen in to find out if it makes sense for you to accept Section 8. Key Takeaways: [1:13] Jefferson has been accepting Section 8 vouchers for ~ 7 years, in Oklahoma, and it’s w...

2016-07-2817 min

STANDOUT with Cheryl Tan 27: Take Your Business To The Next Level With Jefferson LillyTake your business to the next level with Jefferson Lilly Looking for the perfect business opportunity? Be prepared to do your homework to make sure it is indeed the right fit. Jefferson Lilly easily spent hundreds of hours researching his investment in mobile home parks. It’s a real estate market that’s not often talked about, not when you consider single family homes, apartment buildings, and commercial complexes are also part of the conversation. But Jefferson decided to take the leap, with some incredible results. You’ll hear how he started investing while he had a successful day job, and ho...

2016-07-1600 min

SECRETS TO REAL ESTATE INVESTING SHOW SREI 013 Making it big with Mobile Home Park investing with Jefferson LillyOn this episode of House Flip Masters Holly is joined by guest Jefferson Lilly. Jefferson is a mobile home park investor who currently owns 13 properties in 8 states and counting! Jefferson says that the decade before he began his real estate investment business he worked in the high-tech business and was par of the .com world and was in it from the time of the boom to the bust. Having gone through that time Jefferson says that he became more interested in investment with the stock market and shortly after decided to diversify and take his investments into r...

2016-07-1230 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP025: How to Hire and Work with ContractorsWelcome to episode 25 of the Park Street Partners’ Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson. In today’s episode, Jefferson and Brad talk about a necessary but not always pleasant topic: how to hire and work with contractors. Whether you have a clean park and just own the land or you own any mobile homes, you’re bound to deal with contractors sooner or later. Listen in to find out how to navigate conflicts that may arise, mitigate losses, get contractors to perform, manage their expectations, and to deliver on time/on budget.

2016-06-2326 min

The Commercial Investing Show CI 53 - Mobile Home Park Profits with Jefferson LillyJefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest. Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign. Earlier in his career he held operational rol...

2016-06-1026 min

Money Tree Investing MTI089: Investing in Mobile Home Parks with Jefferson LillyMany investors don’t think about investing in mobile home parks. Jefferson Lilly shares the benefits of owning mobile home parks and why it's the only real estate asset class that is actually shrinking. Read more › The post MTI089: Investing in Mobile Home Parks with Jefferson Lilly appeared first on Money Tree Investing Podcast.

2016-06-0336 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP021: Tales From the Road: MHI 2016Welcome to episode 21 of the Park Street Partners’ Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson. Today, Jefferson and Brad talk about the Manufactured Housing Institute (MHI), which is the mobile home park industry’s chief nationwide lobbying group. They work to fend off government regulation that's “suppose to help” the industry and try to get some helpful regulations in place. MHI holds the two big annual meetings in the mobile home park industry. Tune in to hear the highlights of the MHI meeting in Las Vegas and learn more insider tips on doing business in the mobile h...

2016-05-2625 min

Accredited Income Property Investment Specialist (AIPIS)AIPIS 145 - Mobile Home Park Profits with Jefferson LillyJefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest. Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign. Earlier in his career he held operational rol...

2016-05-1826 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP019: Case Study - Park Street's First Mobile Home Park InvestmentWelcome to episode 19 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with Park Street Partners. Today, Jefferson and Brad discuss a case study on a mobile home park that’s near and dear to their hearts. It’s called the Cherrywoods Mobile Home Park and it’s the first deal they bought in their partnership. Key Takeaways: [1:48] The Mobile Home Park Investors podcast has over 3000 downloads per month! [2:40] Check out Cherrywoods.net to see how the Park Street Partners set up their websites. [2:57] Jeffers...

2016-05-0531 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP018: Accelerated Depreciation on MHPs, and Reducing Your Income TaxesWelcome to episode 18 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today, Jefferson and Brad follow up on episode 17, which was all about taxes and only briefly touched on depreciation. Today’s episode will focus exclusively on depreciation and will get into details on why mobile home parks are such a great tax strategy to legally shelter income through accelerated depreciation. Key Takeaways: [1:35] It doesn’t really matter how much you make, it matters how much you keep. [2:41] “Mobile home parks a...

2016-04-2820 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP017: Saving on Your Mobile Home Park Property TaxesWelcome to episode 17 of the Mobile Home Park Investors podcast hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today, Jefferson and Brad discuss taxes and share helpful tips to help you save on your mobile home park property taxes. Listen in for advice on tax depreciation, how not to pay double taxes on your ‘wheel estate property,’ preparing your CPA for the April 15th deadline, miscellaneous business expenses, and more. Key Takeaways: [1:39] Today’s episode will cover depreciation briefly. Check out episode 18 for a more in depth discussion on tax dep...

2016-04-2123 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP016: How to Market a Mobile Home ParkWelcome to episode 16 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today, Jefferson and Brad talk about how to market a mobile home park. This is obviously an important thing to do and they have specific advice and resources to share on today’s episode. Key Takeaways: [1:39] Why is it important to market your mobile home park? [3:18] “The 800-pound gorilla for advertising in our space is Craigslist.” Brad outlines the pros & cons of advertising on Craigslist. [6:24] Where do the Park S...

2016-03-3120 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP014: How to Partner with Park Street Partners and/or 'Bird Dog' for usWelcome to episode 14 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today, Jefferson and Brad will discuss details on how you can partner with them or 'bird dog' for them. Over the last year, many people have reached out to PSP and shown interest in jointly investing and partnering with them. They will talk about some of the partnerships they have done in the past and guide you on what they look for in parks. Their goal is to help you be more efficient in your search, also t...

2016-03-1717 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP013: Capital Expenditure (CAPEX) Items and Your Mobile Home ParkWelcome to episode 13 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today, Jefferson and Brad will discuss Capital Expenditures (CAPEX), which are generally larger ticket items that you will be paying for with your mobile home park property, at some point or another. Of course, if you do your due diligence up front, you might not need some of these, at least not in the near-term. So today, Jefferson and Brad will talk about some of the large ticket items they have had to spend relatively larger dollars...

2016-03-1028 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP012: Part 3 - What to Do Over the First 30 Days of Owning Your Mobile Home ParkWelcome to episode 12 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This is part 3 of a 3 part series where Jefferson and Brad discuss what you should do over the first 30 days that you own your park. On this last episode of the 3 part series, Jefferson and Brad will discuss managing the books, the new rules and regulations, why Pitbulls are a ‘vicious’ breed, and more! Key Takeaways: [1:20] After covering PNLs on episode 11, the discussion moves onto the books. [2:40] Jefferson managed his b...

2016-03-0313 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP011: Part 2 - What to Do Over the First 30 Days of Owning Your Mobile Home ParkWelcome to episode 11 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with Park Street Partners. This is part 2 of 3 episodes where Jefferson and Brad discuss what you should do over the first 30 days that you own your park. Following up on last week’s cliff hanger, today’s episode will cover advice on setting up your park’s website, marketing and advertising, and installing or managing your park’s water meters. Key Takeaways: [1:28] You can easily set up your property’s website using Square Space or Wix. [3:44...

2016-02-2526 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP010: Part 1 - What to Do Over the First 30 Days of Owning Your Mobile Home ParkWelcome to episode 10 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This is part 1 of 3 episodes where Jefferson and Brad will discuss what you should do over the first 30 days that you own your park. That is a very key transition period, which will set the tone for your management style with the manger as well as with the tenants. Hence, it’s a highly critical 30 days to get right. If you invest the time, effort, and a little bit of money in getting your first 30 days done co...

2016-02-1824 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP009: Closing – Money Goes One Way and Title Goes the OtherWelcome to episode 9 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today, Jefferson and Brad are going to talk about closing a deal on a mobile home park. They will detail what sorts of documents and procedure are required in order to have your money go to the seller and have title come from the seller to you. At a high level, that’s what closing is all about, money goes one way and title goes the other. Key Takeaways: [2:14] The 1st step...

2016-02-1120 min

Art of Abundance with Leisa Peterson AOMW 059 – Investing in Mobile Home Parks with Jefferson Lilly<p>Today's podcast guest, Jefferson Lilly of Park Street Partners is a mobile home investment expert who has created a company out of his passion for investing in mobile home parks. </p> <p>The post <a rel="nofollow" href="https://www.wealthclinic.com/aomw-058-investing-in-mobile-home-parks-with-jefferson-lilly/">AOMW 059 – Investing in Mobile Home Parks with Jefferson Lilly</a> appeared first on <a rel="nofollow" href="https://www.wealthclinic.com">Wealth Clinic</a>.</p>

2016-02-0951 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP006: Persistence Pays – Financing Your Mobile Home Park InvestmentWelcome to episode 6 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today, Jefferson and Brad will share their insights on finding a loan in order to invest in a mobile home park. You actually need to pay for your mobile home park in order to buy it! Key Takeaways: [1:12] Debt eligibility varies with the size of the park. [5:03] Information required by banks & how to show you are a credit-worthy borrower. [7:21] What can you expect on your first loan?

2016-01-2121 min

REIClub | Real Estate Investing Podcast Investor Tips To Starting A Mobile Home Parks Business ft. Real Estate Investor Jefferson LillyREIClub.com interviews Jefferson Lilly, a mobile home park investment expert, educator, and industry consultant. Jefferson has spent the past seven years investing his own capital acquiring and operating mobile home parks in the midwest, and provides consulting to mobile home park owners all around California. In addition to his remarkable Mobile Homes Business, Jefferson holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business. REIClub.com is a real estate investing educational and community website for real estate investors by real estate investors. We have thousands of real e...

2016-01-1442 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP002: How To Find a Mobile Home Park to PurchaseThis is the second podcast, hosted by Jefferson Lilly, joined by his partner Brad Johnson. Last week, Jefferson and Brad talked about why mobile home parks are such a good business to be in. But unless you are really looking, you're not likely to just come across one of these properties. On this episode, Jefferson and Brad talk a bit on how you can find a mobile home park to purchase. They will also share their experiences of how they have looked in some unique and unusual places. Key Takeaways: [1:25] Jefferson found his first mobile...

2015-12-2424 min

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson EP000: Introduction: World's First Podcast Dedicated to Mobile Home Park Investing, And Why You Should CareJefferson Lilly and his partner Brad Johnson, from Park Street Partners, are launching the first podcast dedicated to mobile home park investing. Each week, they will cover a range of topics relating to mobile home park investing, including the right way to buy, operate and profit from this highly profitable investment niche. Jefferson and Brad hope to help people get into this business, purchase properties, run them better, and achieve some financial stability. They are also an investment partnership and are interested in joint venture deals with folks that either don't have the expertise or all the...

2015-12-1806 min

Real Estate Investing for Cash Flow with Kevin Bupp Ep #32: Part 2 - The TOP 10 mistakes to avoid when investing in Mobile Home Parks – with Jefferson LillyJefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times and Bloomberg Magazine. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest, and consults to mobile home park owners in California. Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign. Earlier in his ca...

2014-08-1152 min

Real Estate Investing for Cash Flow with Kevin Bupp Ep 31: Part 1 - The TOP 10 mistakes to avoid when investing in Mobile Home Parks – with Jefferson LillyJefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times and Bloomberg Magazine. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest, and consults to mobile home park owners in California. Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign. Earlier in his ca...

2014-08-0449 min