JF2899: Revitalizing Undervalued Mobile Home Parks ft. Chad Freeman

<p><span style="font-weight: 400;">Airline pilot Chad Freeman got his start in real estate by purchasing a “pilot crash pad” in New York in 2005. Although he describes it as a “terrible” property, it launched him into the real estate business. In 2015, he decided to take a boot camp course to help him break into the mobile home park industry.</span></p> <p><span style="font-weight: 400;">Today, Chad is the founder of MHPinvestors, which purchases undervalued mobile home parks in the Midwest. He is a GP of 150 mobile home lots and 47 RV spaces. In this episode, Chad shares what attracted him to the mobile home parks space, what goes into completing a heavy turnaround for an 82-space park, and the toughest lesson he’s learned when it comes to adding new homes to his parks.</span></p> <p><strong>Chad Freeman | Real Estate Background</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Founder of MHPinvestors, which purchases undervalued mobile home parks in the Midwest.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">GP of:</span></li> <ul> <li style="font-weight: 400;" aria-level="3"><span style= "font-weight: 400;">150 mobile home lots</span></li> <li style="font-weight: 400;" aria-level="3"><span style= "font-weight: 400;">47 RV spaces</span></li> </ul> <li style="font-weight: 400;" aria-level="2"><span style= "font-weight: 400;">LP of his own syndication</span></li> </ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in: Jacksonville, FL</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Say hi to him at:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "http://www.mhpinvestors.com/"><span style= "font-weight: 400;">mhpinvestors.com</span></a></li> </ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 40