Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing Podcast, Andrew talks with Gabriel Hamel of Hamel Investments. Gabriel brings his enthusiasm and energy into answering Andrew’s toughest questions about mobile home parks including: his current acquisition criteria, what to look for in mobile home park utility infrastructure, the toughest hurdle he has faced through mobile home park ownership, and what passive investors need to look for when investing into mobile home park deals. Gabriel’s passion for mobile home parks is apparent when he talks about the future of the manufactured housing space along with the future of Hamel Investments and what makes them different.
Gabriel Hamel is a real estate investor with a passion for mobile home parks. Financial freedom has allowed him to amass a multi-million dollar real estate portfolio consisting of single-family homes, multifamily apartments, and our favorite: cash-flowing mobile home parks. Currently, he owns four mobile home parks and has three under contract right now.
***Andrew Keel and Keel Team Real Estate Investments (Keel Team, LLC) do not endorse any interviewee. This interview is for informational purposes only and should not be depended upon for investment purposes. ***
Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities across more than ten states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities.
Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy Andrew's team usually moves on location during the first several months of ownership. Find out more about Andrew's story at AndrewKeel.com.
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Would you like to see mobile home park value add projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions.
Talking Points:
Links & Mentions from This Episode:
Quotes:
“I've never bought a property I regret buying. I could probably have found a reason to not buy any property I’ve ever bought. I keep that in the back of my mind.” - Gabriel Hamel
“Every deal—mobile home park or otherwise—I can trace every deal back to a conversational relationship.” - Gabriel Hamel
“I like the parks that are poorly managed and under rented. They have some value add, but they're not relying on that.” - Gabriel Hamel
“If you want it bad enough, you'll find a way to make it happen” - Gabriel Hamel
Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. In this episode of the Passive Mobile Home Park Investing...
Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. On this episode of the Passive Mobile Home Park Investing...
Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. In this episode of the Passive Mobile Home Park Investing...