EP110: Book Report: 'Am I Being Too Subtle?' By Sam Zell (Part 2 of 3)
Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
Release Date: 09/20/2018
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.
info_outline EP120: Interview: Anna and Justin Scribner from Flyte Camp Tells Us All About Renovating Vintage TrailersMobile 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.
info_outline VIDEO: EP119: Tales from the Road: NCC/MHI Trade Show (National CommunitiesMobile 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 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 ServeMobile 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.
info_outline EP117: Merry Christmas from Park Street PartnersMobile Home Park Investors with Jefferson Lilly & Brad Johnson
Merry Christmas from Park Street Partners
info_outline VIDEO: EP117: Merry Christmas from Park Street PartnersMobile Home Park Investors with Jefferson Lilly & Brad Johnson
Merry Christmas from Park Street Partners
info_outline EP116: Interview Al Hesselbart, RV and Mobile Home HistorianMobile 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!
info_outline VIDEO: EP115: Interview Denny Stone of So Cal Vintage TrailerMobile 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 TrailerMobile 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_outlineWelcome 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 demand in secondary and tertiary markets.
[2:45] At 24 years old, Sam had already made a million dollars in today’s money.
[3:30] Sam applied to 43 law firms and got rejected at all of them. He had no idea why!
[6:15] Just off of referrals alone, Sam was making 3x what junior partners were making at a small law firm.
[7:40] Sam met billionaire real estate mogul, Jay Pritzker and Jay would later become his mentor.
[11:05] For the first 10 years of business, Sam had a relatively small team and he split profits with everyone, including the secretary.
[14:10] Sam predicted there would be a real estate crash due to how easy it was to lend money in commercial real estate.
[23:15] In the late 80’s, Sam warned that there were structural changes happening in the real estate market and predicted another crash.
[26:45] How did Sam discover mobile home parks?
[30:15] In 2005, Sam and his company began to diversity in RV parks.
[31:45] Stay tuned for part 3!
Mentioned in This Episode:
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to [email protected]