BTM163: Wealth & Freedom Investing in Mobile Home Parks with Andrew Keel
Before the Millions
English - July 08, 2020 15:45 - 53 minutes - 43.2 MB - ★★★★★ - 152 ratingsInvesting Business Education business realestate investing realestateinvesting entrepreneurship entrepreneur money financialfreedom marketing wealth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Andrew Keel currently manages 21 manufactured housing communities across nine states. His expertise lies in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs.
On today's episode Andrew and I discuss the key differences between investing in manufactured homes and the parks that they occupy. With time, Andrew became skilled as an investor and realized that he could switch his model of earning income to one that better suited his desired lifestyle -- This wasn't before tons of trial and error, most notably 18 months of prospecting with zero deals done. We'll have a discussion on the mindset it takes to overcome such hurdles and how he's taking that mindset to the next Ironman competition.
Key Points From This Episode:
Going bigger, faster to get to your goalsHow Andrew preserved through 18 months with 0 dealsThe similarities between Ironman competitions and the real estate businessThe difference between mobile homes and mobile home parksHow to create a "forever cash" machineWhy it's important to stay as lean as possible for as long as possibleLinks Mentioned in Today’s Episode:
Recommended Book:
Deals on Wheels by Lonnie Scruggs
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