The Mobile Home Park Lawyer Podcast
Business:Investing
In today’s episode, we talk to Paul Bradley. Paul is a mobile home park operator who first stepped into the industry in 1988 when he was still 24 years old. As a young professional back then, he began working for an organization called New Hampshire Community Loan Fund, and since then made it his mission to help low-income people own homes, hence why he founded ROC USA in May 2008.
Paul emphasizes the importance of support. Their cooperatives work with low-income communities to help future residents own homes while being able to secure long-term gains. Paul inspires us how profit with a mission works, especially within low-income communities.
Highlights of the episode:
00:00:45 Guest Intro: Paul Bradley
00:01:17 Guest Shares His Background
00:02:11 The Leap
00:05:37 Difference Between Mobile Home Parks and Owner-Occupied Homes
00:09:24 Value Proposition
00:11:13 Equity
00:14:16 The Fear of Escalating Rents
00:15:43 Increasing Costs
00:19:50 Assessment Ratio and Other Sensitivities
00:26:44 Risk of Transfer
00:30:27 Putting Viable Opportunity
00:35:50 Who Pays for the Due Diligence
00:40:29 Closing
Connecting with the Guest:
Website: https://rocusa.org/
LinkedIn: https://www.linkedin.com/in/paul-bradley-01369813/
Connecting with MHP Law:
Website: https://themobilehomelawyer.com/
Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069
LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/
Instagram: https://www.instagram.com/themhplawyer
#beobjective
#havingamission
#cooperatives
Ep. 187 | Interview with Chuck Schierbeck on Manufactured Mastery: Navigating Mobile Home Investments and Market Trends
Ep. 186 | Interview with Rachel Hernandez on Mobile Home Adventures: Investing, Wholesaling, and Sales
Ep. 185 | Interview with Victoria Cowart on the Do's and Don'ts Concerning Pet Screening
Ep. 184 | Interview with Douglas Raney on When and How to Amend A Contract
Ep. 183 | Interview with Pasha Esfandiary on Buying Parks Before They're All Gone and Buying With Scale
Ep. 182 | Interview with Nicholas Yale on Operating Hybrid RV and MH
Ep. 181 | Interview With Kirby Horton on Adding Value to Communities
Ep. 180 | Interview with Jason Postill & Tyler Lekas on How to Grow Quickly in a Target Market
Ep. 179 | Interview with Emma Norman on Mobile Home Park Loans and Real Estate Financing Strategies
Ep. 178 | Interview With Tim Woodbridge on Buying MHPs While Maintaining Happiness
Ep. 177 | Interview with Max Baker on How to Work With Brokers To Win More Deals
Ep. 176 | Interview with Jose Garcia on Working with Lonnie Dealers and Home Flippers in your MHP
Ep. 175 | Interview with Ben Braband on How to Acquire MHPs with a Strategic Approach Towards Growth
Ep. 174 | Interview with Shawn Dwyer on How to Get Started Buying MHPs While Working a W2 Job
Ep. 173 | Interview With Steve Case on How to Use Master Lease And Option to Buy Parks
Ep. 172 | Interview With Derek Vickers on Buying Parks With POH and Tips for Florida MHPs
Ep. 171 | Interview with Jason Janda on How to Avoid Mistakes During Diligence
Ep. 170 | Ferd Niemann on Pushing Back Against a City on Fair Housing Grounds
Ep. 169 | Ferd Niemann on How Ancillary Services Provide Value and Resident Satisfaction
Ep. 168 | Interview With Ken Schefler on Navigating The Current MHP Sales Market
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