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
Ep. 148 | How to Break Into Mobile Home Parks
Ep. 147 | Working with the Community to Improve and Build a Portfolio
Ep. 146 | How to Minimize Tax Impact and Win as a Mobile Home Park Owner
Ep. 145 | How To Wholesale and Buy Mobile Home Parks as a Side Hustle
Ep. 144 | Contractor Paperwork for Pros and Schmos
Ep. 143 | Should I Accept Section 8 for My Mobile Homes
Ep. 142 | Understanding the Importance of Seller Deliverable Requirements
Ep. 141 | Pros and Cons of Buying A Small Mobile Home Park
Ep. 140 | How To Properly Evaluate Sewer Lines
Ep. 139 | Why Rent Control Should Be Abolished
Ep. 138 | The Latest and Most Effective Way To Hire For Your Team
Ep. 137 | Everything You Need To Know Before Investing In REITS with Brad Thomas
Ep. 136 | Interview With Victor Alves How To Transition From Single Family Flips Into MHPs
Ep. 135 | Interview With Adam Sobieski How To Own Parks and Be A Lifestyle Investor
Ep. 134 | Interview With MHP Owner Bryce Robertson How To Mitigate Risk in Underwriting
Ep. 133 | Panel Discussion on Infill of MHPs
EP 132 | Checking The List for Mobile Home Purchases and Sales
EP 131 | Case Study: How To Make Seven Figures On One Park Ten Minutes From Home
EP 130 | Case Study: How To Add $500k On 20 Pads In One Year
EP 129 | What You Need to Know About Private Utilities with Phillip Merrill
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