The Mobile Home Park Lawyer Podcast
Business:Investing
In this week’s episode of The Mobile Home Park Lawyer Podcast, we have Victor Alves, a real estate entrepreneur and Co-Founder of Vecno capital.
Victor was a former sales district manager for a Fortune 500 company, who won several top performance awards before pursuing his career in real estate investing. He is a licensed contractor in the city of San Antonio, TX, a licensed manufactured home retailer, broker, and installer in the state of Texas, and actively serves as a Real Estate Coach for one of the nation’s leading real estate investment education companies.
If you are thinking about transitioning from single-family flips to mobile home parks, you have to see this episode. Victor tackles the steps required to take when transitioning from single-family flips to MHP, understanding demographics and clientele, finding and working with good people in the industry, and being ready for the unexpected.
Highlights of the episode:
00:50 - Introduction of the guest
01:30 - Background of the guest
06:10 - Motivation for the transition from single family flips to MHP
11:38 - Easy and hard steps through the transition
12:16 - Understanding demographics and clientele
14:05 - Utilities and working with a septic company
14:48 - Understanding infill
18:40 - Tips for people who are thinking about following Victor’s footsteps
19:58 - Finding good people in the industry
23:03 - Loans and working with lenders
26:42 - Underwriting
30:49 - Ensuring recovery when things don’t go as planned
Notable Quotes
If you don’t like it now, the chances that you’re gonna like it later is very minimal.” - Victor Alves
“Get into the business” - Victor Alves
Connecting with the Guest:
Facebook: https://www.facebook.com/victor.alves.7587
Email: victor@vecnocapital.com
Website: https://www.vecnocapital.com
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
#mobilehomepark
#singlefamily
#transition
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. 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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