Episode 67 - An Operational Upgrade to Mobile Home Park 2.0

In this episode, Mo Bina is joined by guest Jefferson Lilly, founder, and managing partner of Park Avenue Partners, a company focused on expanding the supply of affordable housing. Jefferson believes that growing a business means making himself irrelevant as an owner. It means hiring people to do all the needed processes in the business operations. It also means placing a system for accountability, so you know the status of your business, if all the rent has made it into your bank account, how many tenants have not paid, whether they were given late notice, etc. He also shares how he started and how he scaled his business. To learn more about how Jefferson did it, tune in and enjoy!

In this episode, Jefferson talks about…

• Why mobile home parks are the best investment niche within real estate.
• Helping potential owners connect with a lender or finance
• How people are changing their perception of mobile home parks.
• What are mobile home parks 1.0 and 2.0?
• How do you see the mobile home park space moving forward?

About Jefferson Lilly…

Jefferson Lilly is the founder and managing partner of Park Avenue Partners, which acquires and improves mobile home parks to expand the supply of affordable housing. It is their mission to generate above-average risk-adjusted returns for their limited partners and increase the supply of affordable housing for low-income Americans.

Catch Jefferson Lilly on…

Website:     https://www.parkavenuepartners.com/

Connect with Mo Bina on…

Website:          https://www.high-risecapital.com/

Medium:          https://mobina.medium.com/

YouTube:        https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured

Instagram:      https://www.instagram.com/highrisecapital/

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