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EP107: Interview Patrick McKenna Has Taken The Plunge And Bought Two Mobile Home Parks (2 of 2)

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Release Date: 06/28/2018

VIDEO: EP120: Interview: Anna and Justin Scribner from Flyte Camp Tells Us All About Renovating Vintage Trailers show art VIDEO: EP120: Interview: Anna and Justin Scribner from Flyte Camp Tells Us All About Renovating Vintage Trailers

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Welcome to Episode 120 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Anna and Justin Scribner restore vintage trailers for a living at Flyte Camp. On today’s show, Anna and Justin share how they got into this line of work, some of their favorite restoration projects, and why they no longer work on trailer models that are beyond the 1964 year mark. 

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EP120: Interview: Anna and Justin Scribner from Flyte Camp Tells Us All About Renovating Vintage Trailers show art EP120: Interview: Anna and Justin Scribner from Flyte Camp Tells Us All About Renovating Vintage Trailers

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Welcome to Episode 120 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Anna and Justin Scribner restore vintage trailers for a living at Flyte Camp. On today’s show, Anna and Justin share how they got into this line of work, some of their favorite restoration projects, and why they no longer work on trailer models that are beyond the 1964 year mark.

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VIDEO: EP119: Tales from the Road: NCC/MHI Trade Show (National Communities  show art VIDEO: EP119: Tales from the Road: NCC/MHI Trade Show (National Communities

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

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!

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EP119: Tales From The Road: NCC/MHI Trade Show (National Communities Council) show art EP119: Tales From The Road: NCC/MHI Trade Show (National Communities Council)

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

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!

info_outline
EP118: Interview Dennis Smith from Freddie Mac Discusses Duty To Serve show art EP118: Interview Dennis Smith from Freddie Mac Discusses Duty To Serve

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Welcome to Episode 118 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today’s guest is Dennis Smith from Freddie Mac. Freddie Mac is considered a GSE (government-sponsored enterprise) and with that comes the Duty to Serve mandate, which focuses on three underserved markets for those who make under 80% of the median income.

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EP117: Merry Christmas from Park Street Partners show art EP117: Merry Christmas from Park Street Partners

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Merry Christmas from Park Street Partners

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VIDEO: EP117: Merry Christmas from Park Street Partners show art VIDEO: EP117: Merry Christmas from Park Street Partners

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Merry Christmas from Park Street Partners

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EP116: Interview Al Hesselbart, RV and Mobile Home Historian show art EP116: Interview Al Hesselbart, RV and Mobile Home Historian

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Welcome to Episode 116 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today’s guest is the first ever historian to appear on the show! Al Hesselbart is an RV and Mobile Home historian and has some very insightful knowledge into the evolution of the camper vehicle and what it has turned into today. Find out more about their history as we go all the way back to the beginning in 1910!

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VIDEO: EP115: Interview Denny Stone of So Cal Vintage Trailer show art VIDEO: EP115: Interview Denny Stone of So Cal Vintage Trailer

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Welcome to Episode 115 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Denny Stone is based out of San Diego, California and is the owner of So Cal Vintage Trailer, which restores vintage trailers to running and functional condition. Denny shares his restoration process, what he likes about these vintage trailers and the types of people who are most attracted to these trailers.

info_outline
EP115: Interview: Denny Stone of So Cal Vintage Trailer show art EP115: Interview: Denny Stone of So Cal Vintage Trailer

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Welcome to Episode 115 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Denny Stone is based out of San Diego, California and is the owner of So Cal Vintage Trailer, which restores vintage trailers to running and functional condition. Denny shares his restoration process, what he likes about these vintage trailers and the types of people who are most attracted to these trailers.

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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 Patrick bought the second park?

[12:15] Since all the pipes need to be replaced in this second park, how did Patrick find a reliable and good contractor?

[14:35] How has Patrick been able to finance this infrastructure upgrade?

[18:05] How do Patrick and his business manage these two parks from out-of-state while also working a day job?

[19:45] Does Patrick have any plans to buy a third park?

 

Mentioned in This Episode:

Park Street Partners

Investment Opportunities

Park Street Partners Business Resources

LinkedIn: Mobile Home Park Investors Group

Send deals to [email protected]

Call Patrick: 978-204-4242

Email Patrick: [email protected]