Ep #910 - Mastering The Mobile Home Park Asset Class
Lifetime Cash Flow Through Real Estate Investing
Rod Khleif
4.6 • 1.4K Ratings
🗓️ 26 December 2023
⏱️ 56 minutes
🧾️ Download transcript
Summary
After concluding his professional baseball career in 2015, Jason Postill transitioned into real estate, joining a publicly traded investment firm with a $46B+ annual transaction volume. Specializing in multifamily and apartments, he later founded a commercial brokerage in 2019 before partnering with Tyler. Jason now leads strategic planning, system implementation, and operations, overseeing key areas such as marketing, acquisitions, debt placement, and investor relations.
Tyler Lekas began as a Financial Advisor, later transitioning to managing a hybrid book at Stifel Nicolaus. In 2017, he delved into acquiring and managing mobile home parks, purchasing his first in Florida in 2018. Together with Jason, Tyler has acquired 437 units and plans to secure an additional 600-800 units in the next 12-14 months. His responsibilities include overseeing property management, conducting inspections for new acquisitions, utilizing private utility expertise, and managing new/used home infills within each property.
Here's some of the topics we covered:
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Jason's Background In Baseball
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The Journey Into Real Estate
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How To Form A Great Partnership
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The Freedom That Comes From Doing Real Estate
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The First 68-site Mobile Home Park
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The Challenges That Come From Mobile Home Parks
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When Lenders Don't Want To Lend
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Mobile Home Park Horror Stories
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Making Headlines & Receiving Horrible PR
To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com
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Transcript
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| 0:00.0 | Welcome. This is the Lifetime Cash Flow through Real Estate Investing Podcast. |
| 0:06.0 | This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment. |
| 0:12.0 | Your host Rod Cleef has owned over 2,000 homes in apartments. |
| 0:17.0 | And he brings experts in all aspects of real estate investment and management onto the show. |
| 0:22.0 | Now, here's your home. investment and |
| 0:25.0 | Here's your host Rod Cleef. |
| 0:27.0 | Welcome to another edition of Lifetime Cash Post |
| 0:30.0 | Real Estate Investing. I'm Rod Cleef and I am thrilled that you're here. Now you know we're changing |
| 0:34.3 | things up a little bit we're not just doing apartments anymore and so today I've |
| 0:37.9 | got a couple of guys that are in the mobile home space mobile home |
| 0:40.5 | community space so I've got Jason Postel and Tyler Lechus and they are |
| 0:46.2 | partners and I'm going to interview Jason first and then I'm going to interview |
| 0:49.0 | Tyler because we don't have the ability to interview two people at the same time |
| 0:52.1 | yet although that's coming. |
| 0:54.5 | And we're going to have a lot of fun today. |
| 0:56.0 | So hang on to your hats and let's get into it. |
| 0:59.0 | So Jason started his career in 2015. It looks like he was with Marcus and Milichamp for a good bit in their |
| 1:06.3 | multifamily division and he handles acquisitions and Tyler handles the ongoing asset |
| 1:12.1 | management after the fact. |
| 1:13.0 | Now mobile home parks are quite a bit different as it relates to the asset management |
| 1:18.0 | than, well even the acquisitions, then multi-family, |
| 1:21.0 | but I love the asset class, I know a lot about it and I'm excited |
... |
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