Other Passive Investing Options in Mobile Home Parks

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 about other miscellaneous ways you can passively invest in mobile home parks. Today Andrew talks specifically about investing in mobile homes themselves, crowdfunding websites, and becoming a debt lender, or a balance sheet partner.

***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 1,400 lots under management. His team currently manages over 20 manufactured housing communities across ten states – AR, GA, IA, IL, IN, MN, NE, OH, PA and TN. 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.

Would you like to see mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions.

Talking Points:

00:19 - Welcome

00:37 - Option #1: Crowdfunding websites

02:27 - Option #2: Investing in mobile homes themselves

04:39 - Option #3: Becoming a balance sheet partner

05:37 - Option #4: Becoming a debt lender

06:33 - Option #5: Self-directed IRAs

08:00 - Thanks and see you next week

Links & Mentions from This Episode:

Fundrise.com: https://fundrise.com/

Crowdstreet.com: https://www.crowdstreet.com/

Realtymogul.com: https://www.realtymogul.com/

Keel Team's official website: https://www.keelteam.com/   

Andrew Keel's official website: https://www.andrewkeel.com/ 

Andrew Keel LinkedIn: https://www.linkedin.com/in/andrewkeel 

Andrew Keel Facebook page: https://www.facebook.com/PassiveMHPinvestingPodcast

Andrew Keel Instagram page: https://www.instagram.com/passivemhpinvesting/

Twitter: @MHPinvestors

Quotes:

03:12 - “[Investing in mobile homes] may only require five to ten thousand dollars per mobile home deal.” - Andrew Keel

02:46 - “Some operators will raise money to buy, fix, and then sell individual mobile homes on contract.” - Andrew Keel

06:07 - “Downside risk here is that the collateral for this loan may end up being older, used mobile homes that you wouldn’t want to take back if they defaulted.” - Andrew Keel

07:07 - “Like a traditional IRA account, the self-directed IRA allows owners to default on taxes until retirement age, regardless of the level of returns.” - Andrew Keel