Welcome to Episode 58 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 interview with Donald Westphal. Jefferson, Brad, and Donald discuss how older mobile home parks change overtime as the city grows bigger, creating a good image for mobile home parks, and what it takes to make a community as a whole look good.
Key Takeaways:
[3:15] What kind of land makes it difficult to build a mobile home park?
[6:15] As the city gets built up around mobile home parks, the industry begins to lose a lot of older mobile home communities to higher density and higher value property development.
[7:35] How many mobile home parks got re-development last year?
[10:25] How many new mobile home pads or mobile home park expansions were added last year?
[14:35] Donald tries hard to inform people in the community of the benefits of a new mobile home park in the area.
[16:30] What do the conversations look like when speaking one-on-one to a mobile home park owner?
[21:55] Donald shares a funny story that have happened to him while on the job.
Mentioned in This Episode:
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to: deals@parkstreetpartners.net
Email Donald: Don@DCWestphal.com
Call Donald: 248-651-5518
