REI093: Mobile Home Parks w/ Jonathan Tuttle

Millennial Investing - The Investor’s Podcast Network

Robert Leonard talks with Jonathan Tuttle about how his digital marketing agency and real estate business came about, why he chose the mobile home park niche and implement its strategy, what rent-to-own financing is and how to use it to your advantage, and much, much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

11:05 - What is a mobile home park and what investing strategy is used when this is implemented?

16:04 - What is the difference between park-owned homes and tenant-owned homes?

17:27 - How to use rent-to-own financing to eliminate maintenance and repair costs, motivate tenants to take better care of the property, and allow people to get started without a lot of money.

21:32 - How is Jonathan choosing the markets he’s interested in purchasing, what specific data points or metrics does he look for, and how is he tactically finding cities that meet those criteria?

22:42 - In terms of raising capital, why did he decide to limit his investor pool to only accredited investors, who are able to invest a minimum of $450,000 and where did he come up with that amount?

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
• Get more FREE content from Robert.
• Read the 9 Key Steps to Effective Personal Financial Management.
• Jonathan Tuttle's website Midwest Park Capital.
• Sam Zell's book Am I Being Too Subtle?
• Matt Faircloth’s book Raising Private Capital.
• Michael Blank’s book Financial Freedom with Real Estate Investing.
• Antoine Martel’s book A Millennial’s Guide to Investing in Cash Flowing Rental Properties.
• Ramit Sethi’s book I Will Teach You To Be Rich.
• Real estate education platform BiggerPockets.
• All of Robert’s favorite books.

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SPONSORS

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• Toyota
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• NerdWallet
• Fundrise
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Connect with Robert: Website | Twitter | Instagram

Connect with Jonathan: Website | Instagram

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