Welcome to Episode 70 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Steve Case has had a long history in the mobile home park industry. He cites guys like Dyches Boddiford and Ernie Tew who have helped mentor him throughout the years, and made him a smarter and wiser investor. On today’s show, Steve talks about MobileHomeUniversity.com (now being run by Frank Rolfe and Dave Reynolds), the SECO Conference hosted by Southeast Community Owners Symposium, and the best way newbies can enter into the market.
Key Takeaways:
[2:05] Who is Steve and how did he get into mobile home parks?
[2:45] Steve met a man named Ernie Tew who explained to him what mobile home parks were all about.
[3:50] Who is Ernie Tew?
[7:25] Steve and his business partner Corey Donaldson started hosting conferences in 2004 to help people get familiar with the industry.
[8:45] What was the purpose of Mobile Home University and why did Steve and Corey create it?
[10:15] Frank Rolfe and Dave Reynolds are now managing Mobile Home University. This is because Steve was starting to get burned out.
[12:50] Steve cites Dyches Boddiford as one of his mentors and a very knowledgeable man in real estate.
[14:15] How does Steve typically structure his joint ventures?
[18:00] What’s the best way for a newbie to get started in this industry?
[22:10] Why does Steve like self-storage facilities/properties so much?
[27:00] How does Steve market his self-storage facilities?
[29:00] What was the biggest mistake Steve made, when he first got into the mobile home park industry?
[31:10] What is the SECO Conference about?
[41:45] To be honest, Steve thought he’d be a pilot for all of his life. Sometimes, life throws you curveballs!
[42:55] Associate with successful people. Find the guys and gals who are successful in the industry you want to be in, and learn under them. Pay them or work under them for free!
Mentioned in This Episode:
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to: deals@parkstreetpartners.com
