Why Mobile Home Parks Are Still One of the Best Investments in 2026 | Ep.1,189

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Passive, Estate, Family, Business, Management, Income, Multifamily, Apartment, Education, Multi, Property, Commercial, Real, Investing, Investor

4.8 • 1.4K Ratings

🗓️ 12 December 2025

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ray began his commercial real estate journey in late 2022 and quickly built a focused portfolio in mobile home parks and industrial assets. In just three years, he and his business partner grew their holdings to nine mobile home parks totaling 280 doors and three industrial properties with 110,000 square feet in Central Florida. With strengths in deal sourcing, negotiations, underwriting, and operations, Ray brings both analytical discipline and practical execution. He holds an MBA from NYU and a Ph.D. in engineering from the University of Missouri, previously served as a finance executive at IBM in New York, and now works as a full-time CFO for a manufacturing company in Orlando. He joined Rod's Warrior Group last year after attending the live bootcamp to accelerate his growth as an investor.

Here's some of the topics we covered:

From high-paying jobs to commercial real estate
Recession-proof real estate strategies that win
The hidden downsides of mobile home parks
The top value-add move for mobile home parks
Exactly how the value-add strategy works
How to finance a mobile home park fast
Why Ray came to Rod's live bootcamp
The power of being around Rod's Warrior Group

If you'd like to apply to the warrior program and do deals with other rockstars in this business: Text crush to 72345 and we'll be speaking soon.

For more about Rod and his real estate investing journey go to www.rodkhleif.com

Transcript

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0:00.0	So you know that apartment building or complex you drive by every day?
0:07.4	Someone owns it.
0:08.8	And it's probably someone on this podcast.
0:11.4	Multi-family rock stars.
0:12.8	Join the growing numbers of real estate entrepreneurs who have made the jump to buying multifamily
0:17.1	properties for lifetime cash flow.
0:19.5	Multi-family rock stars using OPM for an
0:22.7	OMG ROI. Now here are your hosts Rod Cleef and Mark Nagy. Welcome back to
0:29.8	multifamily rock stars. Now these episodes are where we deep dive into our guest
0:33.4	deals and give you some practical and actionable items for getting started and
0:37.0	doing your first deal, especially if you're brand new to commercial real estate
0:40.8	and I used to say especially if you're brand new to multifamily but we've been
0:44.2	introducing a lot of other asset classes like last the last show we did with
0:47.8	senior housing this one is going to be about mobile home parks and industrial
0:52.8	flex space industrial parks as always I've got my co-host, Mark Nagy, with me. Yeah, that's why I'm so excited just to learn something new. I mean, you're almost at 1,200 episodes here, Rod. And like, you rarely talk about these different asset classes. So it's cool to have a guess where we're going to learn about this stuff. Yeah, no, I'm really looking forward to this. So I've got Ray Fong on the show today. He's a warrior that joined actually just under a year ago at the Orlando boot camp, I believe. And Ray is a rock star in the business, already in mobile home parks and industrial parks. So we're going to have a lot of fun today. Welcome to the show, Ray.
1:29.3	Thank you, Rod. I'm glad to be on the show. Well, we're glad you're here. So why don't you give us a little background on your, you know, maybe, I don't know if you've always been in real estate or if you were in something else before real estate.
1:44.2	If you could maybe briefly describe that if that's the case and then why you got into real estate
1:49.0	and then just kind of bring us current with your real estate investments and portfolio.
1:54.3	So please take it away, my friend.
1:56.3	My name is Ray Fong.
1:57.6	I live in Orlando.
1:59.5	I'll start my experience in real estate and go back to my background.
	...

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