EP103: Interview Brian Trippe, Mobile Home Park Owner in Birmingham, Alabama.

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

English - May 31, 2018 13:46 - 38 minutes - 35.7 MB - ★★★★★ - 163 ratings
Investing Business Education passiveincome biggerpockets bradjohnson cashflowinvesting jeffersonlilly mobilehomeparkinvesting privateequityrealestate retire richdadpoordad valueinvesting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: VIDEO: EP102: Interview Sonya Salamon and Katherine MacTavish — Professors With An Interesting Point Of View On Mobile Home Parks

Next Episode: VIDEO: EP103: Interview Brian Trippe, Mobile Home Park Owner in Birmingham, Alabama.

Welcome to Episode 103 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Brian Trippe purchased his first mobile home park three years ago by chance phone call from the owner. Already a wholesale investor, Brian was curious to learn more about mobile homes and see what they could offer. On today’s show, Brian shares how he bought the park, cares for his tenants, and why he decided to sell it once he was done with the rehab process.

Key Takeaways:

[2:45] What did Brian do before he got into mobile home parks?

[4:35] Brian shares the story of his first real estate purchase.

[8:00] Brian wasn’t really looking for a mobile home park when he bought his first one.

[11:25] What’s was the park like when Brian first bought it?

[13:50] The newest homes in the park were in the early ’80s.

[22:15] How does Brian manage his park?

[26:55] What advice does Brian have for himself on mistakes that could have been avoided?

[31:55] Brian has not spent a dime of his own money rehabbing this park.

[32:40] What’s next for Brian?

[36:10] Brian has a new book out called, Nothing’s For Sale.

Mentioned in This Episode: