JF 4191: How Buying Messy Parks with Challenging Features Creates Big Opportunities ft. Chad Freeman

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 25 February 2026

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ash Patel & Amanda Cruise have a conversation with Chad Freeman about how most mobile home park investors struggle with overpaying and navigating a fragmented market where prices skyrocket once deals hit broker listings. Chad Freeman reveals the counterintuitive strategies that keep him hunting for off-market gems, focusing on fundamentals like location, the interest rate-cap rate spread, and distressed properties others overlook. If you're tired of chasing thin deals in a crowded space, this episode unlocks how to outlast, outsmart, and secure true value in an asset class often dismissed as too tough. Discover how Chad's unique approach to off-market sourcing, relationship-building with brokers, and understanding the real risks like wastewater systems and park culture gives him an edge in the Sunbelt and Midwest markets. We break down critical tactics such as analyzing lot rent, avoiding inflated broker prices, and the importance of management turnaround to boost values. You’ll also learn why barriers to entry are actually opportunities and how resilience and volume are keys to outperforming institutional investors flooding the space. Chad Freeman Current role: Real Estate Investor at MHPinvestors, LLC Based in: Dallas, Texas Where to find them: https://www.linkedin.com/in/chad-freeman-90967411a/ MHPinvestors.com Book your free demo today at bill.com/bestever and get a $100 Amazon gift card. Visit ⁠www.tribevestisc.com⁠ for more info. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you're a lead sponsor or capital partner in today's private markets, raising capital is getting more complex,
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0:16.9	biggest problem sponsors face, how to work with capital partners, aggregators, and networks
0:22.4	professionally without creating chaos, compliance risk, or friction for investors.
0:28.4	TribeVest has launched the Institute for Structured Capital, an education and operating system for
0:33.8	modern capital raisers.
0:35.1	There are two tracks, one for lead sponsors who want to build
0:38.7	a structured program around working with capital partners, and one for capital partners who want
0:44.1	to build a real capital aggregation business the right way. If you're serious about raising
0:48.8	capital at scale with credibility and structure, you can join the wait list at triVest.isC.com. Structure is the strategy
0:57.1	for the modern capital raiser, and this is where the industry is heading. Best ever listeners,
1:01.8	welcome back to the best ever CRE show. This is another episode of Beyond Multifamily. I'm
1:07.8	Amanda Cruz, joined as always with Ash Patel. What is going on, Ash?
1:12.3	Amanda, great to see you. We have an interesting podcast today. Mobile Home Parks, your wheelhouse.
1:19.7	I learned quite a few things about the mobile home space today. Heck yeah. It was interesting.
1:23.7	We had Chad Freeman on. He's coming back into the space. So we don't hear that super often. He was in mobile home parks, took about a five-year break and is now getting back into it. So it was a really good deep dive into what somebody who is starting to look again should be looking for the barriers, competition, all sorts of things of how you get into mobile home parks.
1:48.7	And wastewater treatment facilities in mobile home parks. That was interesting.
1:53.6	Yeah, Ash, everyone knows not to buy those, but now you do too, so that's good.
1:57.8	I guess we'll see, so we'll see each other at best ever coming up and then
2:03.0	come come talk to me and ash on the podcast if you have done a commercial deal go to best ever
2:10.2	c r e.com and you can hit podcast sign up come chat with us we'd love to hear your story and hear
	...

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