Top 5 Mistakes to Avoid When Financing Mobile Home Parks
Financing mobile home parks can be a rewarding investment opportunity. However, it requires a solid understanding of common pitfalls to assist with […]
St. Louis, MO
Jefferson County, PA
Youngstown, OH
Chicago, IL
Memphis, TN
Southern GA
Angola, IN
Ft. Wayne, IN
Western Iowa
NE Nebraska
SE Iowa
Warsaw, IN
Southeast, MI
Saegertown, PA
Vermillion, SD
Illinois – 5 Park Portfolio
Minnesota – 2 Park Portfolio
Ludington, MI
Interested in learning more about Passive Mobile Home Park Investing?
Interested in learning more about Passive Mobile Home Park Investing?
Welcome back to the Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel. We have some exciting news to share with you! Starting this month, we’ll be re-releasing some of our most popular episodes. Our first re-release episode is this one featuring my interview with Brad Rymer, the Former CFO of RV Horizons.
Brad Rymer is currently the Fund Manager, CIO and CFO at Haven Park Ventures, Inc.
There were a lot of golden nuggets in this episode, including: The Most Common Mistakes Found in Mobile Home Park Financials!
Brad Rymer shared the most valuable lessons he learned while he was the CFO of RV Horizons (The Frank Rolfe and Dave Reynolds mobile home park fund) and the lessons he learned about mobile home parks that all operators and investors should know. Brad also discussed his ideal business models for mobile home park investing, what data analytics to watch out for and tips for newbies getting into the manufactured housing community business.
Brad Rymer is currently president and co-founder of Cloverleaf Capital Group, a mobile home park loan brokerage firm, based out of Denver Colorado, that specializes in loans under a million dollars. Before his current role, Brad served as the CFO of RV Horizons, where, in 2018, he also served as the company’s Business Intelligence Officer, amongst other responsibilities.
Brad received an MBA from Regis University and a BA in Fine Arts from Wabash College and began his real estate career with Marcus & Millichap in 2000 as a specialist in sales and marketing.
Tune in for a treasure trove of knowledge as Brad Rymer unveils his secrets for successful mobile home park investing!
***Andrew Keel and Keel Team Real Estate Investments (Keel Team, LLC) do not endorse any interviewee. This interview is for informational purposes only and should not be depended upon for investment purposes. ***
Andrew Keel is the owner of Keel Team, LLC, a Top 100 Owner of Manufactured Housing Communities with over 3,000 lots under management. His team currently manages over 40 manufactured housing communities across more than 10 states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Check out KeelTeam.com to learn more.
Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy, Andrew’s team usually moves on location during the first several months of ownership. Find out more about Andrew’s story at AndrewKeel.com.
Book a 1 on 1 consultation with Andrew Keel to discuss:
Click Here: https://intro.co/AndrewKeel
Are you getting value out of this show? If so, please head over to iTunes and leave the show a quick five-star review. I have a goal of hitting over 500 total 5-star reviews, and it would mean the absolute world to me if you could help contribute to that. Thanks ahead of time for making my day with your five-star review of the show.
Would you like to see value-add mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions.
03:15 – Brad Rymer’s journey into manufactured housing communities
06:27 – The most important things passive investors need to look out for when investing in mobile home parks
08:00 – Common mistakes on mobile home park financials that people should look out for
11:00 – The most valuable lessons Brad Rymer learned from his time as CFO at RV Horizons
13:05 – Lessons about mobile home parks which operators and investors should know
16:00 – Which models performed better over Brad’s time as CFO
23:00 – The analytics and data in mobile home parks
27:00 – The hurdles that the manufactured housing community industry faces moving forward
30:40 – What happened in the multi-family sector
32:44 – How a $15 minimum wage would affect the industry
34:55 – Brad’s perfect mobile home park
35:41 – The value proposition at Cloverleaf Capital Group
39:00 – Brad’s last tip for operators and investors
41:30 – Getting a hold of Brad Rymer
42:12 – Conclusion
SUBSCRIBE TO THE PASSIVE MOBILE HOME PARK INVESTING PODCAST YOUTUBE CHANNEL: https://www.youtube.com/channel/UCy9uI3KGQmFgABsr9lUtRTQ
Haven Capital Ventures: https://www.havencapitalventures.com/
Cloverleaf, LinkedIn: https://www.linkedin.com/company/cloverleaf-cap ital-group/
Brad’s phone number at Cloverleaf: (303) 525-4850
Brad Rymer LinkedIn page: https://www.linkedin.com/in/bradprymer/
Brad’s email address: brad@cloverleafcapitalgroup.com
Keel Team’s official website: https://www.keelteam.com/
Andrew Keel’s official website: https://www.andrewkeel.com/
Andrew Keel LinkedIn: https://www.linkedin.com/in/andrewkeel
Andrew Keel Facebook page: https://www.facebook.com/PassiveMHPinvestingPodcast
Andrew Keel Instagram page: https://www.instagram.com/passivemhpinvesting/
Twitter: @MHPinvestors
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