The Mobile Home Park Lawyer Podcast
Business:Investing
Welcome to another episode! We sit down with Kirby Horton, Co-Chief Executive Officer of The Firm Inc., a seasoned expert with over 30 years in the insurance business and a remarkable 16 years dedicated to the world of manufactured housing. Kirby brings a wealth of knowledge acquired through years of buying, selling, and operating mobile home parks, primarily in the dynamic southeast US.
In this episode, Kirby shares invaluable insights and advice on wealth generation in the mobile home park arena. From the successful acquisition and improvement of mobile home parks to strategies for a seamless exit, Kirby delves into the finer points of the industry. He discusses the pivotal role of creating a welcoming environment for businesses and the challenges faced when adapting to evolving circumstances.
Kirby also emphasizes the importance of empowering and supporting community managers, incentivizing home improvements within mobile home parks, and the considerations one must weigh when buying new homes in communities. Join us as Kirby unravels the intricate process of preparing a lot for a manufactured home and sheds light on the changing terminology within the mobile home park industry.
Whether you're a seasoned investor or someone intrigued by the mobile home park landscape, this episode promises a wealth of information and actionable insights. Tune in now for a masterclass in mobile home park investing!
Highlights of the episode:
00:00:36 Guest Introduction & Background: Kirby Horton
00:01:51 Insights and advice for generating wealth in mobile home parks
00:05:00 The success of purchasing and improving mobile home park
00:10:02 Strategies for successfully exiting a mobile home park
00:15:00 The importance of a welcoming environment for businesses and the challenges faced when adapting to changing circumstances
00:20:02 Empowering and supporting community managers
00:25:00 Incentivizing home improvements in a mobile home park
00:30:01 Considerations when buying new homes in communities
00:35:01 The process of preparing a lot for a manufactured home
00:40:04 Changing terminology in the mobile home park industry
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
Connecting with Guest:
Website: https://thefirmmhp.com/
Linkedin: https://www.linkedin.com/in/kirbyhorton/
Instagram: https://www.instagram.com/thefirmmhp/
Facebook: https://www.facebook.com/TheFirmIncTN
#MobileHomeInvesting #ManufacturedHousingInsights #PropertyManagementTips
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Ep. 166 | Interview With Scott Macneil on Financing Mobile Home Sales With Pep
Ep. 165 | Ferd Niemann on How To Make More With Less. Bigger Splits For the GP Beats More Pads!
Ep. 164 | Interview with Vincent Tao and Elizabeth Woods on Quitting Your Job and Becoming RE Investors
Ep. 163 | Interview With MHP Owner and Operator Yoel Kelman on How to Grow an MHP Company
Ep.162 | Interview With MHP Owner and Broker Enon Winkler on How To Navigate A Challenging Capital Market
Ep. 161 | Interview With Bryce McMurry on Growing A Portfolio With A Contractor Mindset
Ep. 160 | Interview with Jonathan Gilmore on the Dutiful Execution of TIC Drop and Swap 1031 Transactions
Ep. 159 | Ferd Niemann on the Legal Risks For the Unweary, Navigating the Acquisition
Ep. 158 | Interview With Ryan White on Navigating the Evictions Process
Ep. 157 | Interview with Mitchel Armstrong on How To Hustle, Network, and Persevere Into MHP Success
Ep. 156 | Ferd Niemann on How To Write A Cover Letter to LP or Passive Investors
Ep. 155 | Ferd Niemann on How and When to Use a Master Lease with Option to Purchase
Ep. 154 | Ferd Niemann on Why and When Do I Need A PPM Over a Joint Venture
Ep. 153 | Ferd Niemann on the 10 Steps to Getting Your Loan Approved
Ep. 152 | Ferd Niemann on Being Obstinate and How It Can Save the Day
Ep. 151 | Ferd Niemann on the Factors to Consider when Selecting a Title Company
Ep. 150 | Interview With Jonathan Gilmore: Escrow Holdback Agreement
Ep. 149 | Interview with Paul Bradley: How to Sell Your Mobile Home Parks to Your Residents
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