Ep #99: How '08 Led to One's Discovery of MHP Investing -- With Andrew Lanoie

The Mobile Home Park Investing Podcast - Real Estate Investing Niche

Kevin Bupp

Passiveincome, Business, Mobilehomepark, Cashflow, Syndication, Investing, Realestate, Mobilehomeparkinvesting, Kevinbupp, Realestateinvesting

5 • 1.1K Ratings

🗓️ 30 October 2018

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of the Mobile Home Park Investing Podcast, Kevin shares the mic with Andrew Lanoie; Founder and Principal of Park Place Communities and Four Peaks Partners based in Scottsdale, Arizona.

Andrew’s background is markedly different from most investors, originally holding a career in artist management in the entertainment industry of SoCal.

After the 2008 financial meltdown and seeing his parents lose significant wealth however, Andrew began to seek answers to why this happened to better shield himself from future events.

Andrew now manages a portfolio of manufactured home communities across the country, and is passionate about fostering a team around Park Place Communities and Four Peaks.

HIGHLIGHTS:

[7:18] At what point did Andrew get interested specifically in Manufactured Home Communities?
[9:59] What have been the biggest changes Andrew has observed in the MHP market?
[17:05] What was Andrew’s first MHP deal like?
[21:52] What is Andrew’s thoughts on Park Owned Homes?
[32:14] What’s Andrew’s long-term strategy?
[35:31] Andrew’s final closing thoughts.

RESOURCES:

View Career Opportunities at Sunrise Capital by visiting Careers.SunriseCapitalInvestors.com
Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them Click Here to Grab a copy
Get our Free MHP Due Diligence training Video DD.SunriseCapitalInvestors.com
Visit Park Place Communities’ Website
Visit Four Peaks Partners’ Website

Transcript

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0:00.0	Welcome to the podcast that will teach you how to successfully invest in and build steady
0:09.8	streams of passive income from the highly lucrative niche of mobile home park investing.
0:15.0	Veteran real estate investors Kevin Bupp and Charles D. Hart from Mobile Home Park Academy
0:20.0	will personally share with you the valuable lessons they've learned along their journey as mobile home park investors
0:25.8	so that you too can learn how to build massive cash flow and huge profits from this extremely lucrative niche.
0:33.6	So without further ado, let's welcome your hosts for today's show,
0:37.8	Kevin Bupp and Charles D. Hart.
0:40.8	Welcome guys and gals to the mobile home park Investing weekly podcast. We'll provide all the
0:44.9	information that you need to know to successfully locate, negotiate, close on, and make huge
0:49.5	profits from the lucrative niche of mobile home park investing. I'm your host Kevin Buppin.
0:53.0	Today's show we're going to be speaking
0:54.3	with mobile home park investor, Angela Noy.
0:57.2	Andrew is a principal at Park Place communities,
0:59.8	a national real estate management company
1:01.6	focused on affordable and
1:02.9	manufactured housing. Their team takes a hands-on approach to the
1:06.5	business and controls every aspect of park operations from hiring local
1:10.3	managers and maintenance to overseeing the sales of leasing process and everything
1:14.4	in between. They take great pride in creating and implementing systems and processes to manage
1:19.0	and control their communities efficiently while still keeping an eye on the bottom line.
1:23.0	They currently operate communities in 12 states and are adding to that number each and every year.
1:29.0	Okay, so guys, I'm anxious to get on to the show with Andrew,
	...

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