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JF3427: A Conversation with The Mobile Home Park Lawyer ft. Ferd Niemann

JF3427: A Conversation with The Mobile Home Park Lawyer ft. Ferd Niemann

FromBest Real Estate Investing Advice Ever


JF3427: A Conversation with The Mobile Home Park Lawyer ft. Ferd Niemann

FromBest Real Estate Investing Advice Ever

ratings:
Length:
30 minutes
Released:
Jan 22, 2024
Format:
Podcast episode

Description

Ferd Niemann, a seasoned mobile home park operator and real estate attorney, dives into the niche world of mobile home park investing. He shares expert insights about the nuances of real estate law, the specifics of mobile home park operations, and some of the risks associated with mobile home park investing that investors often overlook. Key Takeaways Transitioning to Mobile Home Park Investing: Ferd Niemann shares his journey from working in insurance and as a county appraiser to becoming a real estate lawyer and mobile home park operator. He emphasizes the shift from single-family homes to mobile home parks due to competitive market conditions and the pursuit of greater returns. Navigating the Challenges of Mobile Home Parks: Ferd discusses the unique challenges of mobile home park investments, including zoning issues, the value of vacant sites, and the significance of local market conditions. He provides insights into managing these challenges, emphasizing the importance of due diligence and understanding local market dynamics. Strategic Approaches and Best Practices for Mobile Home Park Operations: The episode covers strategic approaches to mobile home park investing, such as focusing on parks with potential for infill and improvement, and the benefits of owning multiple parks in a region for managerial efficiency. Ferd also delves into best practices for setting up legal entities for different aspects of the investment to mitigate risks and streamline operations. Ferd Niemann | Real Estate Background The MHP Law Firm Portfolio: 1,500 mobile home park sites Various LP investments Based in: Kansas City MO Say hi to him at:  themobilehomelawyer.com Best Ever Book: Rocket Fuel by Gino Wickman Greatest Lesson: Trust your gut.   Sponsors BAM Capital
Released:
Jan 22, 2024
Format:
Podcast episode

Titles in the series (100)

Are you ready for the best real estate investing advice EVER? Welcome to the world's longest running, DAILY real estate investing podcast hosted by Joe Fairless. Joe went from buying $35,000 single family homes to controlling over $500,000,000 worth of large apartment communities in under a decade. Join Joe as he interviews flippers, renters, builders, passive investors, and many other successful professionals ready to give you their Best Ever advice without the fluff. Plus, tune in every Friday for a special episode as Joe shares his own real estate investing and personal development knowledge.