012. Driving Cost Savings While Building a $125M Manufactured Housing Portfolio with Andrew Keel
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- Building a strong team and utilizing virtual assistants can help streamline operations and increase efficiency in managing mobile home parks.
- Offshoring certain tasks can provide cost savings and allow for more dedicated and disciplined team members.
- The mobile home park industry offers unique investment opportunities, with the potential for high returns and lower expense ratios compared to other asset classes.
- Manufactured housing has the potential to address the affordable housing crisis, but there are challenges in terms of zoning and public perception that need to be overcome.
- Efficient construction methods, such as modular housing, can reduce waste and increase productivity in the construction industry. Mobile home owners face challenges in creating equity and relocating their homes.
- There is a potential trend towards mobile home parks as a solution to the increasing demand and dwindling supply of affordable housing.
- Addressing the issue of affordable housing in mobile home parks is complex and requires navigating local zoning regulations.
- Changing the perception of manufactured homes is crucial in promoting their affordability and quality.
- Potential solutions include offering financing for the purchase of manufactured homes and advocating for supportive legislation.
18 episodes