The MHP Expert Podcast is back! Our hosts return to the main stage to discuss the subtle, and not so subtle differences between Mom and Pop parks, and ones owned by institutions. Watch above to learn more!

Episode 49: Mom and Pop vs Institutional Owners

Welcome back to The MHP Expert Podcast! Today, our hosts discuss Mobile Home Park Succession Planning. Be sure to check out our website for more on the services we offer.

Episode 48: Mobile Home Park Succession Planning

The MHP Expert Podcast is back! Today, we're discussing the ins and outs of MHP Property Management.

Episode 47: MHP Property Management

The MHP Expert is back to discuss the process of making a Mobile Home Park Business Plan, as well as current events in the industry.

Episode 46: How To Make A Mobile Home Park Business Plan

The MHP Expert is back to discuss the future of manufactured home parks. Click here for an in-depth, informed perspective.

Episode 45: The Future Of Mobile Home Parks

Weighing out your MHP Investment Opportunities? Check out The MHP Expert's take above!

Episode 44: More Reasons For MHP Investment Opportunities

Passive Income from MHP Investing is like Mailbox Money! But what steps are required to get to this point? The MHP Expert discusses!

Episode 43: Why Passive MHP Investing Is Awesome

Welcome back to The MHP Expert! After a brief hiatus, our hosts have returned to talk about a pressing issue in the industry: MHP Debt!

Episode 42: MHP Debt Revisited

My pal Jay and I are back with another hot take from The MHP Expert Podcast. Today's topic: Properly evaluating your Mobile Home Park.

Episode 41: MHP Evaluations

Maintaining your park's utilities is a full time job as an MHP owner. Learn more in this latest episode from The MHP Expert!

Episode 40: MHP Sewer Lines

Featuring Glenn Esterson and Jason Sirotin, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success.

Avoid some of the potholes that can occur in MHP Investing by choosing to listen to this podcast.  Glenn provides content that is sure to add lots of value from his own personal experience. I highly recommend adding this to your list of weekly shows to listen to if you’re developing a niche in mobile home park investing.

Informative!

I’ve worked w Glenn in the past. Great guy to learn from. Tons of experience in the industry.

Good guy to learn from!

The Mobile Home Park Expert Podcast

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success. Episode 1 introduces Glenn and Jason, focusing on the decision to begin the journey as an MHP investor. Glenn shares his experience getting started in the business and shares how his ethical approach to MHP management has served him well in the long run of this 20+ years in the industry.Timestamps: 1:10 -- Newly published Mobile Home Park Manifesto breaks down the business through the lense of Glenn’s decades of experience. 2:51 -- How Glenn got started in the industry even when it wasn’t on his radar as an investment opportunity. 4:45 -- Managing expectations on returns as an investor. What’s realistic to expect. 6:00 -- Timetable for returns. 7:04 -- The current state of the MHP business, addressing John Oliver’s expose versus how ethical practitioners approach management. 11:06 -- Methods for achieving an upside without raising rents. 13:45 -- Biggest challenges as an investor. 17:12 -- MHP culture. 20:27 -- Fitting MHPs into the affordable housing crisis and why governments need to take MHPs more seriously when thinking about zoning and permits. 27:37 -- Advantages for investors. 30:13 -- When to ethically raise rents. 31:59 -- Whether or not mobile home parks are recession-proof. 34:30 -- The start of Jason’s journey as an investor with no real estate of MHP experience/Chapter 1 of Mobile Home Park Manifesto, the WHY. 37:57 -- Breaking down the importance of proximity for your first park. 41:16 -- Speaking to the amount of GRIT and WIT this journey takes.  42:05 -- Sharing why MHP investing is beginning to appeal to large conglomerates. 43:45 -- Jason’s narrative in becoming an investor and a realistic overview of the business.Join us next episode when Jason and Glenn discuss MHP tenants and why they really are the core of the business.

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success. Episode 1 introduces Glenn and Jason, focusing on the decision to begin the journey as an MHP investor. Glenn shares his experience getting started in the business and shares how his ethical approach to MHP management has served him well in the long run of this 20+ years in the industry. Timestamps: 1:10 -- Newly published Mobile Home Park Manifesto breaks down the business through the lense of Glenn’s decades of experience. 2:51 -- How Glenn got started in the industry even when it wasn’t on his radar as an investment opportunity. 4:45 -- Managing expectations on returns as an investor. What’s realistic to expect. 6:00 -- Timetable for returns. 7:04 -- The current state of the MHP business, addressing John Oliver’s expose versus how ethical practitioners approach management. 11:06 -- Methods for achieving an upside without raising rents. 13:45 -- Biggest challenges as an investor. 17:12 -- MHP culture. 20:27 -- Fitting MHPs into the affordable housing crisis and why governments need to take MHPs more seriously when thinking about zoning and permits. 27:37 -- Advantages for investors. 30:13 -- When to ethically raise rents. 31:59 -- Whether or not mobile home parks are recession-proof. 34:30 -- The start of Jason’s journey as an investor with no real estate of MHP experience/Chapter 1 of Mobile Home Park Manifesto, the WHY. 37:57 -- Breaking down the importance of proximity for your first park. 41:16 -- Speaking to the amount of GRIT and WIT this journey takes. 42:05 -- Sharing why MHP investing is beginning to appeal to large conglomerates. 43:45 -- Jason’s narrative in becoming an investor and a realistic overview of the business. Join us next episode when Jason and Glenn discuss MHP tenants and why they really are the core of the business.

Episode 1 - Introduction to Mobile Home Park Investing

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success. Episode 2 dives into chapter 2 of Mobile Home Park Manifesto, which focuses on tenants. Learn more about what makes a good tenant, who you should avoid renting to and how to build a profitable community of people who want to stay put in their units.Timestamps: 1:24 -- Breakdown of who MHP tenants really are. 3:14 -- An overview of how to vet potential tenants. 4:32 -- Guidelines to use for vetting/what you should check out. 7:03 -- Tenant no-no: addicts and dealers. 7:50 -- What issues can arise with renting to a tenant who’s paid under the table. 10:16 -- When a tenant sounds good but it ends badly. 12:55 -- Checking credit scores as part of the vetting process. 14:23 -- Removing a bad tenant. 18:45 -- Tenant majority are people who are good with simple needs. 21:10 -- How to keep good tenants in your park. 22:41 -- The benefits of encouraging tenants to buy their homes and become lot renters. 25:46 -- The importance of a property manager and establishing a rapport tenants. 28:24 -- Vetting a property manager. Come on back for episode 3 where Jason and Glenn break down MHP ownership as a business, discussing the variations within the industry and how it continues to grow and change. Possibilities for ownership aren’t as singular as you may expect.

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success. Episode 2 dives into chapter 2 of Mobile Home Park Manifesto, which focuses on tenants. Learn more about what makes a good tenant, who you should avoid renting to and how to build a profitable community of people who want to stay put in their units. Timestamps: 1:24 -- Breakdown of who MHP tenants really are. 3:14 -- An overview of how to vet potential tenants. 4:32 -- Guidelines to use for vetting/what you should check out. 7:03 -- Tenant no-no: addicts and dealers. 7:50 -- What issues can arise with renting to a tenant who’s paid under the table. 10:16 -- When a tenant sounds good but it ends badly. 12:55 -- Checking credit scores as part of the vetting process. 14:23 -- Removing a bad tenant. 18:45 -- Tenant majority are people who are good with simple needs. 21:10 -- How to keep good tenants in your park. 22:41 -- The benefits of encouraging tenants to buy their homes and become lot renters. 25:46 -- The importance of a property manager and establishing a rapport tenants. 28:24 -- Vetting a property manager. Come on back for episode 3 where Jason and Glenn break down MHP ownership as a business, discussing the variations within the industry and how it continues to grow and change. Possibilities for ownership aren’t as singular as you may expect.

Episode 2 - Tenants To Avoid and Yearn For

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success.In the seventh episode, Jason and Glenn delve into the seven most common mistakes people make as new MHP investors, with tips on how to avoid them.Timestamps: 1:52 -- Mistake 1: Not vetting tenants during due diligence period. 5:15 -- Mistake 2: Not fully understanding the impact of your relationship with the municipality. 9:43 -- MIstake 3: Lacking an understanding of the local market and what the economic and demographic drivers are. 13:25 -- Gentrification and its impact on MHP. 16:20 -- Mistake 4: Falling for cheap value ads and biting off more than you can chew as a new investor. 22:32 -- Mistake 5: Not fully understanding or carefully inspecting the infrastructure of a park. 26:08 -- What kind of inspector to get for an MHP. 28:28 -- Mistake 6: Buying at the wrong time. 32:23 -- Mistake 7: Managing expectations when it comes to financing.

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success. In the seventh episode, Jason and Glenn delve into the seven most common mistakes people make as new MHP investors, with tips on how to avoid them. Timestamps: 1:52 -- Mistake 1: Not vetting tenants during due diligence period. 5:15 -- Mistake 2: Not fully understanding the impact of your relationship with the municipality. 9:43 -- MIstake 3: Lacking an understanding of the local market and what the economic and demographic drivers are. 13:25 -- Gentrification and its impact on MHP. 16:20 -- Mistake 4: Falling for cheap value ads and biting off more than you can chew as a new investor. 22:32 -- Mistake 5: Not fully understanding or carefully inspecting the infrastructure of a park. 26:08 -- What kind of inspector to get for an MHP. 28:28 -- Mistake 6: Buying at the wrong time. 32:23 -- Mistake 7: Managing expectations when it comes to financing.

Episode 7 - Top 7 Mistakes Every New Mobile Home Park Investors Make

Glenn offers up a couple listing to Jason. Jason, asks about what winning and losing deals have looked like in the past.

Episode 9 - NEW Hot Listings and a Look at Winning and Loosing Deals

Yonah Weiss

Joined by special guest Yonah Weiss, the eighth episode of The Mobile Home Expert Podcast delves into something we all find confusing, tax law. As a tax deduction expert who focuses on cost segregation, Yonah gets Glenn and Jason excited about the potential savings cost segregation can provide for MHP owners.Timestamps::50 -- Meet Yonah Weiss, the cost segregation expert.2:35 -- Cost segregation, the little-known tool for MHP owners and real estate investors.3:41 -- What cost segregation actually is.4:18 -- Depreciation, The IRS’s gift to real estate investors.5:16 -- Depreciative Capture Tax - what you pay when you sell a property.6:18 -- Cost segregation as a one-time thing.7:46 -- How cost segregation can help you have a better bottom line.9:33 -- You can’t save like this in other industries.10:19 -- The opportunity to expand returns.10:48 -- MHP and cost segregation.11:36 -- It takes an expert, not just your accountant, to handle cost segregation.13:48 -- MHPs benefit from cost segregation so much because of land improvements.16:18 -- The average savings that result from cost segregation.18:15 -- It’s an underutilized tool.18:48 -- Yonah’s process.20:43 -- How this applies to land lease parks.21:48 -- Bonus Depreciation, a new law you may not know about, but is great for MHP owners.25:05 -- The lot-lease MHP advantage when it comes to cost segregation.25:54 -- Who should call Yonah?27:24 -- How Glenn could have benefitted from cost segregation in his past.28:30 -- Tax laws do have an expiration date. What’s the future for this one?29:16 -- What was the incentive that motivated this law?31:23 -- Differences regarding allocation for park-owned homes.32:30 -- How to find Yonah to request a free estimate.

Joined by special guest Yonah Weiss, the eighth episode of The Mobile Home Expert Podcast delves into something we all find confusing, tax law. As a tax deduction expert who focuses on cost segregation, Yonah gets Glenn and Jason excited about the potential savings cost segregation can provide for MHP owners. Timestamps: :50 -- Meet Yonah Weiss, the cost segregation expert. 2:35 -- Cost segregation, the little-known tool for MHP owners and real estate investors. 3:41 -- What cost segregation actually is. 4:18 -- Depreciation, The IRS’s gift to real estate investors. 5:16 -- Depreciative Capture Tax - what you pay when you sell a property. 6:18 -- Cost segregation as a one-time thing. 7:46 -- How cost segregation can help you have a better bottom line. 9:33 -- You can’t save like this in other industries. 10:19 -- The opportunity to expand returns. 10:48 -- MHP and cost segregation. 11:36 -- It takes an expert, not just your accountant, to handle cost segregation. 13:48 -- MHPs benefit from cost segregation so much because of land improvements. 16:18 -- The average savings that result from cost segregation. 18:15 -- It’s an underutilized tool. 18:48 -- Yonah’s process. 20:43 -- How this applies to land lease parks. 21:48 -- Bonus Depreciation, a new law you may not know about, but is great for MHP owners. 25:05 -- The lot-lease MHP advantage when it comes to cost segregation. 25:54 -- Who should call Yonah? 27:24 -- How Glenn could have benefitted from cost segregation in his past. 28:30 -- Tax laws do have an expiration date. What’s the future for this one? 29:16 -- What was the incentive that motivated this law? 31:23 -- Differences regarding allocation for park-owned homes. 32:30 -- How to find Yonah to request a free estimate.

Episode 8 - Cost Segregation With Yonah Weiss

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success. Episode 4 takes a deeper look into retirement. For current owners thinking about selling, Jason and Glenn are joined by special guest (and MHP owner) Charles DeHart. The three of them discuss how to get the most out of a sale and what steps should be taken to get top dollar.Timestamps: 1:20 -- Common signs you’re ready for retirement as an MHP owner. 8:15 -- Calculating sales numbers &amp; cap rates. 13:30 -- How the economy impacts business in an MHP and influences the desire to retire. 15:42 -- Today is a seller’s market. 16:04 -- Getting the maximum dollar out of a MHP sale. 16:25 -- Get your books in order and make them presentable. 18:16 -- Evaluate what money you’re leaving on the table. 19:50 -- Contact municipality and make sure everything is in order and legally zoned. 20:55 -- Don’t hide the dirt. Buyers find out anyway. 22:22 -- Where owners waste money trying to add value. 25:24 -- Key improvements worth making to your park that don’t cost much. 27:32 -- What the process for selling looks like. 31:15 -- The value of using a broker.In episode 5, Glenn and Jason take a look at the good, the bad, and the ugly components of MHP ownership. Tune in to get a complete picture of what being an MHP owner is really like, from someone who has seen it all.

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success. Episode 4 takes a deeper look into retirement. For current owners thinking about selling, Jason and Glenn are joined by special guest (and MHP owner) Charles DeHart. The three of them discuss how to get the most out of a sale and what steps should be taken to get top dollar. Timestamps: 1:20 -- Common signs you’re ready for retirement as an MHP owner. 8:15 -- Calculating sales numbers &amp; cap rates. 13:30 -- How the economy impacts business in an MHP and influences the desire to retire. 15:42 -- Today is a seller’s market. 16:04 -- Getting the maximum dollar out of a MHP sale. 16:25 -- Get your books in order and make them presentable. 18:16 -- Evaluate what money you’re leaving on the table. 19:50 -- Contact municipality and make sure everything is in order and legally zoned. 20:55 -- Don’t hide the dirt. Buyers find out anyway. 22:22 -- Where owners waste money trying to add value. 25:24 -- Key improvements worth making to your park that don’t cost much. 27:32 -- What the process for selling looks like. 31:15 -- The value of using a broker. In episode 5, Glenn and Jason take a look at the good, the bad, and the ugly components of MHP ownership. Tune in to get a complete picture of what being an MHP owner is really like, from someone who has seen it all.

Episode 4 - How To Retire Profitably As A Mobile Home Park Owner

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success. Episode 3 focuses on Chapter 7 of The Mobile Home Park Manifesto, taking a look at each variation within the industry. It’s more broad than you think, encompassing mobile home parks, RV parks, camping grounds, and tiny house communities. Learn more about each type of mobile community and where the best investment opportunities lie in today’s market.Timestamps: 1:15 -- What is a manufactured home community and what do they look like today. 3:53 -- Causes for the shift in MHP quality, appearance, and popularity. 6:54 -- The appeal of a MHP for today’s investors. 8:51 -- How banks factor into MHP purchasing and financing in general. 11:02 -- Variations in the basic MHP concept. 11:46 -- RV parks. 14:53 -- RV parks vs MHP. 17:08 -- Managing property maintenance in a MHP. 19:11 -- Tiny house communities. 22:21 -- Putting this concept into an in-town site. 26:03 -- Campgrounds. 28:17 -- Campgrounds vs MHP in yields. 30:54 -- The best model for a first-time investor in this space.Up next, episode 4 brings together Jason, Glenn and special guest Charles DeHart to focus on when it’s time to retire and sell your park. They share tips for how and when to get the most out of a sale and what preparation should be done to receive top dollar.

Featuring Jason Sirotin and Glenn Esterson, The Mobile Home Expert Podcast follows Jason on his journey as a potential investor into the mobile home park (MHP) industry. Guided by the experience and expertise of Glenn Esterson, the two discuss what it means to invest and manage mobile home parks, drilling down into each element that impacts profitability and success. Episode 3 focuses on Chapter 7 of The Mobile Home Park Manifesto, taking a look at each variation within the industry. It’s more broad than you think, encompassing mobile home parks, RV parks, camping grounds, and tiny house communities. Learn more about each type of mobile community and where the best investment opportunities lie in today’s market. Timestamps: 1:15 -- What is a manufactured home community and what do they look like today. 3:53 -- Causes for the shift in MHP quality, appearance, and popularity. 6:54 -- The appeal of a MHP for today’s investors. 8:51 -- How banks factor into MHP purchasing and financing in general. 11:02 -- Variations in the basic MHP concept. 11:46 -- RV parks. 14:53 -- RV parks vs MHP. 17:08 -- Managing property maintenance in a MHP. 19:11 -- Tiny house communities. 22:21 -- Putting this concept into an in-town site. 26:03 -- Campgrounds. 28:17 -- Campgrounds vs MHP in yields. 30:54 -- The best model for a first-time investor in this space. Up next, episode 4 brings together Jason, Glenn and special guest Charles DeHart to focus on when it’s time to retire and sell your park. They share tips for how and when to get the most out of a sale and what preparation should be done to receive top dollar.

Episode 3 - In MHP Investing You Have Options!

Glenn and Jason chat with Ian Tudor and Ryan Narus of The Archimedes Group about converting park owned home to tenant owned homes. Plus, we get into the ethics behind mobile home park ownership.

Episode 10 - Converting Park Owned Homes To Tenant Owned Homes

Tim Kelly

Glenn and Jason chat with Tim Kelly about passive investments for military folks in the MHP space and we explore part two of our exploration into flipping from park owned homes to tenant owned homes.

Episode 11 - Tim Kelly Talks MHP And POH To TOH

Jason and Glenn discuss the ongoing impact of the COVID-19 Pandemic on the mobile home park business.

Episode 17 - MHP Investing In A Pandemic

The best podcast episodes about true crime. For any thrill seeking podcast listeners who just can't get enough of the captivating stories of murderers and criminals. This topic has all the best episodes from many different true crime podcasts.  Add episodes you're interested into your queue below!

Best True Crime Podcasts

The Best Multi-Part Documentaries, with documentaries on Obama, Federer vs Nadal, the making of Star Wars, Netflix vs Blockbuster and more. Add episodes you're interested into your queue below!