In this no-BS solo episode of The MHP Show, I deliver the brutal truth about why aspiring mobile home park investors are still stuck on the sidelines. Drawing from my own early struggles starting in 2015, I break down the 10 real reasons (hint: it's not the market) that keep people from closing their first deal. This isn't about being nice – it's about getting you unstuck and into action.
Key Takeaways:
Your limiting beliefs are sabotaging your success before you even start
Cold calling isn't dead – your willingness to pick up the phone is
In this no-BS solo episode of The MHP Show, I deliver the brutal truth about why aspiring mobile home park investors are still stuck on the sidelines. Drawing from my own early struggles starting in 2015, I break down the 10 real reasons (hint: it's not the market) that keep people from closing their first deal. This isn't about being nice – it's about getting you unstuck and into action.
Key Takeaways:
- Your limiting beliefs are sabotaging your success before you even start
- Cold calling isn't dead – your willingness to pick up the phone is
- Chasing 12-cap deals in good locations will leave you empty-handed forever
- Park-owned homes aren't toxic – they built my entire $150M portfolio
- You don't need perfect credit or millions to get bank financing on solid deals
- The "I want to own 100% myself" mentality is keeping you broke
- Most people would rather research for 2 years than make calls for 2 hours
- Knowledge creates confidence, confidence creates action, action creates results
- One great deal can 3X your money in under 12 months
- Stop making excuses and start executing - action beats perfection every time
My Million-Dollar Case Study:
The Tampa Portfolio Transformation:
- Purchase Price: $4.15 million (May 2021)
- Property: 103 park-owned homes, private utilities, terrible density
- Refi Appraisal: $11.5 million (March 2022)
- Investor Returns: 3.87X multiple on capital in 10 months
- Strategy: Convert all park-owned homes to tenant-owned
- The Kicker: This deal checked every "don't buy" box on traditional MHP lists
The Reality Check:
I don't sugarcoat it. If you've been "learning" about mobile home parks for months (or years) without making offers, this episode will wake you up. The people getting deals aren't smarter than you – they're just doing the uncomfortable work consistently.
Resources to Boost Your MHP Success:
- Download Our Free Ebook: https://vicktorycapital.com/free-ebook
- Schedule a Strategy Call: https://derekvickers.com/free-strategy-session
- Join our Facebook Group: https://www.facebook.com/groups/mhpinvestingpros
Connect with Me:
🔗 Follow on Social Media: @derekvickers885
📧 Email: derek@victorycapital.com
For passive investors: Book a call to learn about our investment opportunities for seven and eight-figure entrepreneurs focused on building generational wealth through mobile home park investing.
Ready to stop making excuses and start making deals? Hit play and prepare to get called out (in the best way possible).
Stay tuned for more episodes of The MHP Show!
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