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Trailer Park Turnaround: Frank Rizzo Shares His Secrets to MHP Investing Success
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Episode 23 with Frank Rizzo
"But at some point - and I had somebody tell me this and it stuck with me - at some point, just like a rocket ship when it comes up with the payload, what gets you to a certain level, you have to release to go further. Right? And you have to focus on the two or three things that you do really well, your unique ability; and then allow other people to do that because you can't, it's physically impossible for any person to push eight different boulders at the same time. You can do one, maybe two, but you're going to spread yourself too thin and you're going to get in the way of your own growth."
Join Glenn as he interviews Frank Rizzo, the Co-Founder of Stone Capital Investors. Frank started his real estate journey at 19 when he obtained his license. Today, Frank has over 20 years of experience in real estate as a broker, owner, and syndicator. Over the last 12 years, he has been focused on manufactured housing and the Mobile Home Park (MHP) space. Over the last decade, Frank has acquired and re-positioned over 20 communities and 1,567 lots.
Glenn and Frank discuss:
- His experiences in real estate
- Discovering the potential of MHPs
- Challenges of cleaning up a park
- Managing a business remotely
- Knowing your unique strengths and delegating
- The importance of communication and creating a community
- Scalability and expansion of a real estate business
- Addressing the affordable housing crisis
- Finding passion and purpose in real estate
- Frank’s podcast and the MHP Exchange Platform
Episode Links:
LinkedIn: @frank-rizzo-20818843/
Instagram: @frank.rizz/
X (formerly Twitter): @TheMHPExchange
Facebook: @mhpexchange
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THE MILLIONAIRE JOURNEY
Invest with Glenn:
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https://www.verticalequityproperties.com/
LinkedIn: @glennyaney
X (formerly Twitter): @glennyaney
Podcast Management by Kelly Carlson Creative Services
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