Peter Pratti's guest appearances

Peter Pratti

Jake and Gino Multifamily Investing Entrepreneurs

Real Estate Runway

Trevor McGregor

Tyler Chesser

Brandon Voss

Jake Havron

Rob Beardsley

Paul Moore

Pili Yarusi

Yonah Weiss

Harper Jones

Jon Stark

Evan Holladay

Reed Goossens

Corey Peterson

Mike Taravella

Mark Kenney

OwlTail

Most say that multifamily is the most ideal real estate investment you can have. But today, we will explore the world of mobile home communities with our guest, Peter Pratti. Welcome back to the Real Estate Runway podcast! In today’s show, I welcome real estate investor, commercial broker, and my co-investor, Peter Pratti to walk us through the world of mobile homes and how it can compete with the multifamily business. Peter started his career with single-family houses and transitioned to owning apartment buildings. In his transition to the mobile home community, he will share with us the ideal plans and tips for buying mobile homes.   With that, let’s jump right in! Key Takeaways: Opening Segment [00:01 - 07:58]   Starting in the medical field and ending up in real estate Investing in the mobile home communities Getting rid of the noise through pen and paper    The Mobile Home Communities [07:59 - 19:02]   Peter talks about what he likes and doesn’t like about mobile homes How to earn money through mobile home parks Pros of tenant-owned homes in mobile home communities The processes of dealing with non-payment    Tips on Finding Good Deals [19:03 - 20:50]   Getting in front of people as best as you can    Lightning Round and Closing Segment [20:51 - 27:08]   The ability to juggle many things Not buying more properties as Peter’s biggest failure Baseball for the less fortunate kids See links below to get in touch with Peter    Tweetable Quotes: “Jack of all trades and master of none is useless.” - Peter Pratti “The key is not to be that great at anything, but to be someone that can get in front of people as best as you can.” - Peter Pratti “What you’re trying to have is, you’re trying to hit the angle of the tenant taking pride in owning their own home and paying you almost the quasi land least, to have that home in your land.” - Peter Pratti   You can connect with Peter by calling him at +1 865-850-0679, or you can email him at ppratti3@gmail.com. Join the  MFIN Summit and use our promo code: QUATTRO   LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.    Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Most say that multifamily is the most ideal real estate investment you can have. But today, we will explore the world of mobile home communities with our guest, Peter Pratti. Welcome back to the Real Estate Runway podcast! In today’s show, I welcome real estate investor, commercial broker, and my co-investor, Peter Pratti to walk us through the world of mobile homes and how it can compete with the multifamily business. Peter started his career with single-family houses and transitioned to owning apartment buildings. In his transition to the mobile home community, he will share with us the ideal plans and tips for buying mobile homes. With that, let’s jump right in! Key Takeaways: Opening Segment [00:01 - 07:58]  <ul> <li>Starting in the medical field and ending up in real estate</li> <li>Investing in the mobile home communities</li> <li>Getting rid of the noise through pen and paper</li> </ul> The Mobile Home Communities [07:59 - 19:02]  <ul> <li>Peter talks about what he likes and doesn’t like about mobile homes</li> <li>How to earn money through mobile home parks</li> <li>Pros of tenant-owned homes in mobile home communities</li> <li>The processes of dealing with non-payment</li> </ul> Tips on Finding Good Deals [19:03 - 20:50]  <ul> <li>Getting in front of people as best as you can</li> </ul> Lightning Round and Closing Segment [20:51 - 27:08]  <ul> <li>The ability to juggle many things</li> <li>Not buying more properties as Peter’s biggest failure</li> <li>Baseball for the less fortunate kids</li> <li>See links below to get in touch with Peter</li> </ul> Tweetable Quotes: “Jack of all trades and master of none is useless.” - Peter Pratti “The key is not to be that great at anything, but to be someone that can get in front of people as best as you can.” - Peter Pratti “What you’re trying to have is, you’re trying to hit the angle of the tenant taking pride in owning their own home and paying you almost the quasi land least, to have that home in your land.” - Peter Pratti You can connect with Peter by calling him at +1 865-850-0679, or you can email him at <a href="mailto:ppratti3@gmail.com">ppratti3@gmail.com</a>. Join the <a href="https://www.multifamilyinvestornation.com/presell-page" rel="nofollow" target="_blank"> MFIN Summit</a> and use our promo code: QUATTRO LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting <a href="http://www.thequattroway.com" rel="nofollow" target="_blank">www.TheQuattroWay.com</a>.  Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click <a href="https://www.thequattroway.com/chad-sutton" rel="nofollow" target="_blank">here</a> to find out more about the host, Chad Sutton.

002: Building a Mobile Home Community with Peter Pratti

Will Coleman and Mike Taravella interview Peter Pratti of Oliver Smith Realty &amp; Development Company. . Key Information:   Benefits Mobile Home Parks  Less management required Tenants own and maintain rented space Less moveouts therefore less turnover    As affordable housing options continue to be in short supply, mobile home parks continue to grow as an attractive asset class for investors.   How to establish legitimacy with brokers:  Highlight your experience and previous purchases Partner with someone with experience and high net worth Discuss your financial backing    Pro Tip “Stay focused on one thing and you will eventually succeed”   Contact Information:             Cell: 865) 850-0679   To register to invest with us: https://jandg.activehosted.com/f/58 Rand CRE's Facebook:  https://www.facebook.com/randcre Rand CRE's Linkedin:  https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre

Will Coleman and Mike Taravella interview Peter Pratti of Oliver Smith Realty &amp; Development Company. . Key Information: Benefits Mobile Home Parks <ul> <li>Less management required</li> <li>Tenants own and maintain rented space</li> <li>Less moveouts therefore less turnover</li> </ul> As affordable housing options continue to be in short supply, mobile home parks continue to grow as an attractive asset class for investors. How to establish legitimacy with brokers: <ul> <li>Highlight your experience and previous purchases</li> <li>Partner with someone with experience and high net worth</li> <li>Discuss your financial backing</li> </ul> Pro Tip “Stay focused on one thing and you will eventually succeed” Contact Information:           Cell: 865) 850-0679 To register to invest with us: <a href="https://jandg.activehosted.com/f/58" rel="nofollow" target="_blank">https://jandg.activehosted.com/f/58</a> Rand CRE's Facebook: <a href="https://www.youtube.com/redirect?event=video_description&amp;q=https%3A%2F%2Fwww.facebook.com%2Frandcre&amp;redir_token=_wu2i3435_tDvNQR8QTIsOm6DOt8MTU3NDg2MjA0OUAxNTc0Nzc1NjQ5&amp;v=FX1BB_A2rWM" rel="nofollow" target="_blank"> https://www.facebook.com/randcre</a> Rand CRE's Linkedin: <a href="https://www.linkedin.com/company/randcre/?viewAsMember=true" rel="nofollow" target="_blank"> https://www.linkedin.com/company/randcre</a> Rand CRE's Instagram: <a href="https://www.instagram.com/randcre" rel="nofollow" target="_blank">https://www.instagram.com/randcre</a>

RCRE - Mobile Home Park vs. Multi-family Investing with Peter Pratti

Topics Covered Include:  Why Peter switched from a career in the medical field to real estate. The importance of having the right peer group. How education was the key to scaling at such a young age    Peter’s Bio: Peter is originally from Long Island, New York and has been living in Knoxville Tennessee which is also where he is doing all of his investing.  Peter has been in real estate for over three years.  Halfway into college, he discovered real estate and began wholesaling houses to build up capital.  Peter did this in unison to attending college.    While wholesaling Peter and his partner began looking into multi-family acquisitions and began making offers on small apartment complexes.  They started off with a 7 unit, a 6 unit, followed shortly after by a 35 unit building.  All three were bought by using their own as well as our investors capital along with acquiring bank debt.   They tacked on another 20 units and within about 14 months we had a portfolio worth 4.5 to 5 million dollars.    Peter also just recently purchased a portfolio of mobile home parks (174 lots total) for 4.5 million.  He hopes to hold this property for many years.

Topics Covered Include: <ul> <li>Why Peter switched from a career in the medical field to real estate.</li> <li>The importance of having the right peer group.</li> <li>How education was the key to scaling at such a young age</li> </ul> Peter’s Bio: Peter is originally from Long Island, New York and has been living in Knoxville Tennessee which is also where he is doing all of his investing.  Peter has been in real estate for over three years.  Halfway into college, he discovered real estate and began wholesaling houses to build up capital.  Peter did this in unison to attending college.  While wholesaling Peter and his partner began looking into multi-family acquisitions and began making offers on small apartment complexes.  They started off with a 7 unit, a 6 unit, followed shortly after by a 35 unit building.  All three were bought by using their own as well as our investors capital along with acquiring bank debt.   They tacked on another 20 units and within about 14 months we had a portfolio worth 4.5 to 5 million dollars.  Peter also just recently purchased a portfolio of mobile home parks (174 lots total) for 4.5 million.  He hopes to hold this property for many years.