The Mobile Home Park Lawyer Podcast
Business:Investing
In this week’s episode, we have Bryce Robertson, known as “Your Real Estate Mate”, an Aussie-born real estate entrepreneur, adventurer, and founder of PropertyWorkz.
After several trips around the world, Bryce decided to focus on real estate investing to achieve his goal of having a freedom lifestyle. He began acquiring a $570,000 mobile home park with a negative net worth, unseasoned credit, and a mere $2,000 in the bank. By using his skills in underwriting, education in economics, and the power of syndication he successfully teamed up with some of the best operators in the US and expanded US real Estate Investing around the world.
If you are looking for a sign to start your journey in real estate investing — especially in Mobile Home Parks, you don’t want to miss this episode. Ferd and Bryce tackle the impact of underwriting deals, how to mitigate risks, aggressive managing, and how to take the first step in real estate investing.
Highlights of the episode:
00:32 - Introduction of the guest
01:01 - Background of the guest
02:42 - Recreating Freedom Lifestyle
03:19 - Focusing on Real Estate
04:36 - Getting the deal in the finish line
06:41 - Impact in underwriting on Deals
08:05 - Conservative Underwriting
09:41 - Mitigating Risk and Projecting Returns to our Investor
13:26 - Finding deals in market
14:47 - Being in a Tertiary Market
15:53 - Importance of winning deals
17:50 - Private Utilities
18:38 - Conservative Underwriter and Aggressive manager
20:30 - Approach in Remodeling
23:22 - All about Contractors
25:50 - Taking the First Step
Notable Quotes
The last, two, three, four years the industry we all know has changed considerably from a competition standpoint. A lot of private equity is buying up all kinds of lots, of new entrants from the minor league guys to the major league guys. - Ferd
In a competitive environment we need to set ourselves apart and what's your niche. - Ferd
Connecting with the Guest
Website: http://www.propertyworkzusa.com/
Email: bryce@propertyworkzusa.com
Phone Number: (949) 954-0880
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
#ConservativeUnderwriting
#MobileHomeParkSyndication
Ep 48 | Interview with MHP Owner Larry Abramowitz - How to Get the City to Work for You
Ep. 47 | How To Avoid Getting Stung By a Non-State-Specific Lease
Ep. 46 | Interview with MHP Owner Patrick Hagens
Ep. 45 | Syndicator Reporting Dos and Dont's
Ep. 44 | MHP Owner Interview with Andrew Keel - Tips and Tactics in Today's Market
Ep. 43 | Navigating SEC Regs on Syndication - Part 2 of 2
Ep. 42 | Navigating SEC Regs on Syndication - Part 1 of 2
Ep. 41 | Syndication Spreadsheets - How Does The Math Work?
Ep. 40 | MHP Owner Interview with Sam Hales - Increase Your ROI By Investing in Opportunity Zones
Ep. 39 | MHP Owner Interview with Jefferson Lilly - Expanding Your In-House Team
Ep. 38 | 10 Financial Metrics Every Syndicator Must Master
Ep. 37 | Syndication - Start with The Basics
Ep. 36 | MHP Owner Interview with Jonathan Tuttle - Using Digital Marketing To Generate More Leads and Sell More Homes
Ep. 35 | Rent Manager 101 - Part 2
Ep. 34 | Rent Manager 101 - Part 1: Detailed Example of PandL
Ep. 33 | Special Report Regarding Agency Loan Changes and Govt Lease Intrusion
Ep. 32 | Interview with Gonzalo Castro - Entering the MHP Space While Running Your Own Company
Ep. 31 | Take Pride In Your Work and MHP - Easy Moves to Transform Your MHP and Culture
Ep. 30 | How To Wholesale or Assign a Deal And Actually Get Paid
Ep. 29 | First Time MHP Buyers Mini-Series: Interview with Alpesh Parmar - From Silicon Valley to MHP Owner
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