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. 88 | Lender Mini-Series With Brad Rymer - Navigating the Approval Process
Ep. 87 | Lender Mini-Series With Nathan Frese - Getting a Yes From A Community Bank
Ep. 86 | Interview With MHP Owner Jeff Cook - Navigating Rent Control and Regulation
Ep. 85 | Why and How to Get A Mobile Home Dealer License
Ep. 84 | Interview With Ryan Narus - Helping Others While Helping Grow Your Business
Ep. 83 | Interview with Saad Shah - Improving Business Processes Through Data Analytics
Ep. 82 | Interview With MHP Owner Kevin Bupp - Navigating MHP Operations In Today's Market
Ep. 81 | Interview MHP Owner Apurva Shah - Becoming an MHP Owner While Working a W-2
Ep. 80 | Interview MHP Owner Operator Steve Sacher - Leadership Within An Organization
Ep. 79 | Five Key Risks Associated With Private Electric Systems
Ep. 78 | Interview With Owner Abraham Anderson - How To Enter The MHP Industry
Ep. 77 | Five Keys Items To Consider When Looking At Water and Sewer Systems
Ep. 76 | Interview With MHP Appraiser Erik Hanson - How to Maximize Value For Your Sale
Ep. 75 | Interview with MHP Owner Charlie Ansanelli - Using Tech To Scale
Ep. 74 | Interview With Ken Corbin - Expert Sales Tips To Sell More Homes Faster
Ep. 73 | Mini Series On Zoning Options To Utilize Your Property - Legislative v Administrative Review
Ep. 72 | Interview with MHP Owner Harsha Moole - From Physician to MHP Owner and Syndicator
Ep. 71 | Mini-Series On Zoning Options To Utilize Your Property - Conditional Use Permits
Ep. 70 | Interview with Rod Santomassimo - Expert Business and Sales Strategies to Transform Your MHP Business
Ep. 69 | Mini-Series On Zoning Options To Utilize Your Property - Variance
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