262: $600,000 in Gross Rents from Mobile Home Parks with Jefferson Lilly

<p><strong>Mobile Home Parks</strong>&nbsp;can be one of the most profitable business models around, but learning to scale without losing all your time can be tough. That’s the story on today’s episode of&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">the BiggerPockets Podcast</a>, where we sit down with&nbsp;<strong>Jefferson Lilly</strong>&nbsp;to talk about how he’s acquired 2,600+ “pads” in the past few years and the lessons he’s learned in scaling. We also discuss the ins and outs of raising private money through a “fund,” which will both fascinate and educate you, so don’t miss a moment of it. Whether you want to buy mobile home parks or not, this is one show where the lessons will stick with you for life!</p><p>In This Episode We Cover:</p><ul><li>Brandon’s&nbsp;<strong>mobile home park</strong></li><li>Reasons&nbsp;<strong>why</strong>&nbsp;you should consider buying a mobile home park</li><li>The&nbsp;<strong>legality</strong>&nbsp;surrounding mobile home parks</li><li>How Jefferson came to own about&nbsp;<strong>2,300 pads</strong></li><li>What you should know about&nbsp;<strong>rent-to-own homes</strong></li><li>How Jefferson&nbsp;<strong>markets</strong>&nbsp;their properties</li><li><strong>Methods of payment</strong>&nbsp;for these rentals</li><li>A discussion on&nbsp;<strong>RVs vs. mobile homes</strong></li><li>Jefferson’s thoughts on&nbsp;<strong>tiny houses</strong></li><li>Getting to a&nbsp;<strong>“Mobile Home Park 2.0”</strong></li><li>The&nbsp;<strong>3 key hires</strong>&nbsp;for mobile home parks</li><li>What&nbsp;<strong>managing</strong>&nbsp;these mobile parks look like</li><li><strong>Floods and other concerns</strong>&nbsp;when choosing a mobile home park</li><li>How to&nbsp;<strong>fund</strong>&nbsp;these days</li><li>How to&nbsp;<strong>find</strong>&nbsp;parks today</li><li><strong>And SO much more!</strong></li></ul><p>Links from the Show</p><ul><li><a href="http://biggerpockets.com/forums" target="_blank">BiggerPockets Forums</a></li><li><a href="h