Ep #104: Behind the Scenes at Sunrise Capital Investors -- with Jethro Van Aardt, Director of Operations
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
Release Date: 02/12/2019
EP #129: Insights from the Oracle of Omaha - Warren Buffett
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this special episode, we'll run through our personal insights on Warren Buffett's annual letter to shareholders.
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EP #128: Pros and Cons of Lonnie Dealers for Mobile Home Parks Owners
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this special episode, we'll cover the pros and cons of working with Lonnie Dealers in your park. Now, if you’ve been in the park business for sometime then you’ve you probably dealt with a Lonnie dealer in some capacity or another, but if you’re just getting started, this show will help you navigate these potentially murky waters.
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EP #127: Mastering the Leasing and Sales Process in Mobile Home Parks
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this special episode, we cover the systems we use to scale our sales and leasing process throughout all our mobile home parks.
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EP #126: Converting POH's to Tenant Owned Homes, Water Recapture, and Community Manager Compensation
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this special episode, I answer 3 very big questions that get asked repeatedly by new MHP investors.
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EP #125: Getting Started in MHP Investing While Working a Full-Time Job
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this special episode, Corey and I discuss how he got started in the MHP space as well as the system he's built to help him quickly get to scale in order to quit his full-time job.
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EP #124: Recent Real World Case Studies on Two MHP Dispositions
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this episode, Brian and I walk through recent case studies on two Mobile Home Parks that we recently went full-cycle on. We take a deep dive into the good, the bad, and the ugly aspects of owning mobile home parks.
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EP #123: The Top 3 ways find mobile home parks for sale
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this episode, I discuss the top 3 ways to uncover great Mobile Home Park deals. What You’ll Learn: What our #1 favorite method is for finding parks? Why loopnet/Crexi/etc might not be a complete waste of time What the most common direct to owner methods are. How to establish a meaningful relationship with a mobile home park specific broker And much, much more…
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EP #122: How To Rate the Quality of a Mobile Home Park
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this episode, we discuss the practice in grading mobile home parks with the "star" rating (usually one to five stars), which exists for no other type of commercial real estate. What makes this interesting is that almost no one who uses the rating knows what it means or where it comes from. Ask a broker, lender, or even large corporate operators what the difference is between a three-star and a five-star park, and you will likely get a muddled response referring to amenities, paved streets, or swimming pools, but no hard data about how the stars are assigned or who does it.
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EP# 121: Mastering the Vacant Lot Infill Process - with Andrew Keel
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this special episode, Andrew and I discuss how he's created an incredibly efficient process of locating, acquiring and infilling quality used homes into his various communities.
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EP #120: Thanksgiving Special - 3 MHP Case Studies
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
In this special episode, we dive deep into 3 case studies on Mobile Home Parks in which we successfully went full cycle on.
info_outlineToday's podcast features Jethro Van Aardt, Director of Operations at Sunrise Capital Investors. He has an extensive background in commercial real estate and asset management.
Jethro talks on how he’s implemented processes which produced multiple benefits to consolidation planning, better organization, cost savings, and higher quality of coverage, while also spearheading their insurance project.
Quotes
"That's what it boils down to. That's why you want to choose your broker first. You also want to be sure that you've got the right person servicing you."
"Like everything in life, you get brokers that are small, they don't have access to products that the big corporates would have."
“But generally, I'd say about between 800 and a thousand pads is when you really could start seeing some great pricing efficiencies and really the brokers would start getting excited. Anything smaller than that, you know, it's going to be difficult to get the brokers excited because it takes a lot of work on their side too."
"Guys would never do this product if they felt that their clients were at risk or the entire industry was at risk."
"Insurance is a complex product. When you are going out there and you're comparing your different products, just make sure you're comparing apples to apples."
Discussed in this Episode:
- Jethro discusses his personal and professional journey leading up to Sunrise
- Details on his insurance project
- Brokers and the "Decision Matrix Tool"
- Working with IMA Corp of Jed Bond
RESOURCES:
- View Career Opportunities at Sunrise Capital by visiting Careers.SunriseCapitalInvestors.com
- Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
- Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
- Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them Click Here to Grab a copy
- Get our Free MHP Due Diligence training Video DD.SunriseCapitalInvestors.com