Ralf Gomm's guest appearances

Ralf Gomm

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

Mike Johnson

Paul Bradley

Steve Case

Brad Huffines

Freddie Mac

Brandon Turner

Ryan Murdock

Spencer Roane

Brian Trippe

Charles Becker

Jill Denlea

Justin Powell

Erik Hanson

Justin Scribner

Sam Zell

OwlTail

Buying the first mobile home is the easy part, it’s getting the second one that gets a bit tricky!  Welcome to Episode 88 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This episode is a continuation of last week’s interview with Ralf Gomm. Ralf discusses how he markets his parks, manages his parks remotely, and how he builds a good rapport with his tenants. Find out more about Ralf’s mobile home park journey on this week’s show! Key Takeaways: [1:15] How does Ralf market his parks? [2:40] When Ralf finds a park he’s interested in buying, what kind of marketing did the seller do? [4:35] Ralf is thinking about doing drone footage on one of his properties. Jefferson chips in on his experience with it. [6:45] How does Ralf manage his homes remotely? [10:45] Ralf credits his wife for remembering every little detail about the tenants, all the way down to what their dogs and cats’ names are. This helps Ralf build better rapport with everyone. [11:50] How much does Ralf pay his managers? [14:00] When Ralf started getting bigger, he made the switch from traditional spreadsheets to RentManager — best thing he ever did. [17:45] What does the future hold for Ralf and his wife? Does he plan to quit his day job anytime soon? [21:00] How has Ralf found a reliable crew to do maintenance work on the homes? [25:55] What is it like working with a spouse on the parks? [30:45] What advice does Ralf have for new investors interested in getting into mobile park homes?   Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Trailer Cash, by Jamie Smith Rentmanager.com Email Ralf: JuliReality@Gmail.com

Buying the first mobile home is the easy part, it’s getting the second one that gets a bit tricky! Welcome to Episode 88 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This episode is a continuation of last week’s interview with Ralf Gomm. Ralf discusses how he markets his parks, manages his parks remotely, and how he builds a good rapport with his tenants. Find out more about Ralf’s mobile home park journey on this week’s show! Key Takeaways: [1:15] How does Ralf market his parks? [2:40] When Ralf finds a park he’s interested in buying, what kind of marketing did the seller do? [4:35] Ralf is thinking about doing drone footage on one of his properties. Jefferson chips in on his experience with it. [6:45] How does Ralf manage his homes remotely? [10:45] Ralf credits his wife for remembering every little detail about the tenants, all the way down to what their dogs and cats’ names are. This helps Ralf build better rapport with everyone. [11:50] How much does Ralf pay his managers? [14:00] When Ralf started getting bigger, he made the switch from traditional spreadsheets to RentManager — best thing he ever did. [17:45] What does the future hold for Ralf and his wife? Does he plan to quit his day job anytime soon? [21:00] How has Ralf found a reliable crew to do maintenance work on the homes? [25:55] What is it like working with a spouse on the parks? [30:45] What advice does Ralf have for new investors interested in getting into mobile park homes? Mentioned in This Episode: <a href="http://www.parkstreetpartners.com" rel="nofollow" target="_blank">Park Street Partners</a> <a href="http://www.parkstreetpartners.com/real-estate-syndication/" rel="nofollow" target="_blank">Investment Opportunities</a> <a href="http://www.parkstreetpartners.com/resources/" rel="nofollow" target="_blank">Park Street Partners Business Resources</a> LinkedIn: <a href="https://www.linkedin.com/groups/131404/profile" rel="nofollow" target="_blank">Mobile Home Park Investors Group</a> Send deals to <a href="mailto:deals@parkstreetpartners.com">Deals@parkstreetpartners.com</a> <a href="http://www.trailercash.com/" rel="nofollow" target="_blank">Trailer Cash, by Jamie Smith</a> <a href="https://www.rentmanager.com/" rel="nofollow" target="_blank">Rentmanager.com</a> Email Ralf: <a href="mailto:JuliReality@Gmail.com">JuliReality@Gmail.com</a>

EP088: Interview: Ralf Gomm, Mobile Home Park Owner (2 of 2)

Welcome to Episode 87 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson interviews Ralf Gomm, who has been a mobile home park owner for the last 4 years. Ralf currently has 100 pads right now. Ralf really likes mobile homes because he’s able to passively invest in property while he is working a full-time job. However, Ralf does see himself leaving his job when he eventually obtains more pads! Find out about Ralf’s journey and how he got started buying his first park on this week’s episode, and also don’t forget to tune in next week to hear the second part of Ralf’s interview. Key Takeaways: [3:05] What did Ralf do prior to getting into mobile home parks? [4:00] Ralf wanted to start his own business, but the ‘traditional’ methods didn’t make sense to him. [4:25] Ralf even looked at real estate investing in Europe, but the numbers for it just weren’t good. [5:00] When Ralf discovered mobile home parks, things finally made sense for him. He could get into this business part-time while he works at his full-time job. [5:35] Ralf has four parks right now and he’s still not quite ready yet to quit his job and work on this business full time, which is what he eventually wants to do. Maybe a park or two extra will finally tip him over to the dark side. [6:00] How did Ralf get educated in this market? [7:30] When Ralf was first getting started in this business, he had no idea what a ‘good’ park looked like, so he just started making calls and shopping around. [11:10] Buying the first mobile home park was easy. The second one was a bit harder to obtain. 50-100 pad parks are much more competitive. [15:00] With one of Ralf’s pads, he’s been able to obtain 100% occupancy over the last four years. [18:05] How did Ralf financially structure himself to buy these mobile homes? [24:05] Of the 100 pads Ralf has, how many of those are park-owned homes vs. resident-owned homes? [27:10] It is so, so, so critical to do business with the right people. Ralf has even passed on deals because he didn’t get a good vibe from the seller. Be cautious about whom you work with, especially as a small investor. Bad mistakes are way more costly than for a big-timer! [28:30] Ralf currently has 20 vacant pads. How does he plan to fill them? [30:00] Tune in next week for part 2!   Mentioned in This Episode: Park Street Partners  Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to Deals@parkstreetpartners.com Trailer Cash by Jamie Smith

Welcome to Episode 87 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson interviews Ralf Gomm, who has been a mobile home park owner for the last 4 years. Ralf currently has 100 pads right now. Ralf really likes mobile homes because he’s able to passively invest in property while he is working a full-time job. However, Ralf does see himself leaving his job when he eventually obtains more pads! Find out about Ralf’s journey and how he got started buying his first park on this week’s episode, and also don’t forget to tune in next week to hear the second part of Ralf’s interview. Key Takeaways: [3:05] What did Ralf do prior to getting into mobile home parks? [4:00] Ralf wanted to start his own business, but the ‘traditional’ methods didn’t make sense to him. [4:25] Ralf even looked at real estate investing in Europe, but the numbers for it just weren’t good. [5:00] When Ralf discovered mobile home parks, things finally made sense for him. He could get into this business part-time while he works at his full-time job. [5:35] Ralf has four parks right now and he’s still not quite ready yet to quit his job and work on this business full time, which is what he eventually wants to do. Maybe a park or two extra will finally tip him over to the dark side. [6:00] How did Ralf get educated in this market? [7:30] When Ralf was first getting started in this business, he had no idea what a ‘good’ park looked like, so he just started making calls and shopping around. [11:10] Buying the first mobile home park was easy. The second one was a bit harder to obtain. 50-100 pad parks are much more competitive. [15:00] With one of Ralf’s pads, he’s been able to obtain 100% occupancy over the last four years. [18:05] How did Ralf financially structure himself to buy these mobile homes? [24:05] Of the 100 pads Ralf has, how many of those are park-owned homes vs. resident-owned homes? [27:10] It is so, so, so critical to do business with the right people. Ralf has even passed on deals because he didn’t get a good vibe from the seller. Be cautious about whom you work with, especially as a small investor. Bad mistakes are way more costly than for a big-timer! [28:30] Ralf currently has 20 vacant pads. How does he plan to fill them? [30:00] Tune in next week for part 2! Mentioned in This Episode: <a href="http://www.parkstreetpartners.com" rel="nofollow" target="_blank">Park Street Partners</a> <a href="http://www.parkstreetpartners.com/real-estate-syndication/" rel="nofollow" target="_blank"> Investment Opportunities</a> <a href="http://www.parkstreetpartners.com/resources/" rel="nofollow" target="_blank">Park Street Partners Business Resources</a> LinkedIn: <a href="https://www.linkedin.com/groups/131404/profile" rel="nofollow" target="_blank">Mobile Home Park Investors Group</a> Send deals to <a href="mailto:deals@parkstreetpartners.com">Deals@parkstreetpartners.com</a> <a href="http://www.trailercash.com/" rel="nofollow" target="_blank">Trailer Cash by Jamie Smith</a>

EP087: Interview: Ralf Gomm, Mobile Home Park Owner (1 of 2)