How Did They Do It? Real Estate
SA994 | Providing Affordable Housing Through Mobile Home and RV Parks with Patrick McDonald
Tune in to this episode with Patrick McDonald to learn more about mobile home parks and manufactured housing and how you can use this asset class to give value to communities and investors!
Patrick highlights the benefits of investing in affordable housing, its potential despite challenges and risks in the market, and more you should know about finding, evaluating, and funding mobile home park investments.
Key Points & Relevant Topics
- Patrick’s background and his amazing journey to investing in mobile home parks
- The aspects of a successful business partnership
- Key advantages of investing in mobile home parks over other asset classes
- Finding and evaluating mobile home park and manufactured housing investments in today’s market
- Challenges associated with mobile home park investing and how to overcome them
- Effective ways for funding mobile home parks and manufactured housing
- The importance of choosing the right location and market for mobile home parks
- The typical deal structure and exit strategy in mobile home parks
- Future trends in the mobile home park and manufactured housing space
Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor
About Patrick McDonald
Patrick earned his Bachelor's degree in Business Marketing from Washington State University and spent 12 years in personal financial planning. He is deeply involved in his community, having served as an elected official in his hometown and actively advocating for more affordable housing in Washington state. Along with his partner Nick, Patrick owns and operates over 1,800 lots across 26 communities, making them a top 100 operator in the industry. As an experienced manufactured housing operator, Patrick has successfully revitalized multiple parks across the country.
Get in Touch with Patrick
- Website: https://cmgparks.com/
- LinkedIn: Community Management Group LLC
To Connect With Us
Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!
Tune in to this episode with Patrick McDonald to learn more about mobile home parks and manufactured housing and how you can use this asset class to give value to communities and investors!
Patrick highlights the benefits of investing in affordable housing, its potential despite challenges and risks in the market, and more you should know about finding, evaluating, and funding mobile home park investments.
Key Points & Relevant Topics
- Patrick’s background and his amazing journey to investing in mobile home parks
- The aspects of a successful business partnership
- Key advantages of investing in mobile home parks over other asset classes
- Finding and evaluating mobile home park and manufactured housing investments in today’s market
- Challenges associated with mobile home park investing and how to overcome them
- Effective ways for funding mobile home parks and manufactured housing
- The importance of choosing the right location and market for mobile home parks
- The typical deal structure and exit strategy in mobile home parks
- Future trends in the mobile home park and manufactured housing space
Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor
About Patrick McDonald
Patrick earned his Bachelor's degree in Business Marketing from Washington State University and spent 12 years in personal financial planning. He is deeply involved in his community, having served as an elected official in his hometown and actively advocating for more affordable housing in Washington state. Along with his partner Nick, Patrick owns and operates over 1,800 lots across 26 communities, making them a top 100 operator in the industry. As an experienced manufactured housing operator, Patrick has successfully revitalized multiple parks across the country.
Get in Touch with Patrick
- Website: https://cmgparks.com/
- LinkedIn: Community Management Group LLC
To Connect With Us
Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!