208: An Investor’s Guide To Acquiring And Managing Mobile Home Parks

Multifamily Legacy Podcast

In our inflationary economy, the need for low-cost housing has never been higher, but how do you leverage the affordable housing trend? Prabin Dutta has all answers for you in this insightful episode on REI. Get ahead and be the winner in today’s market with this emerging trend!

Topics on Today’s Episode

• Mobile home park myths and why they are incorrect
• Powerful advantages of investing in mobile home park
• Investing in mobile home parks: cap rates, upfront costs, and profitability
• 4 profitable turnaround project strategies
• Why are mobile home parks easier to manage?

Resources/Links mentioned

• CIMLS
• Mobile Home Park Store
• 1031 Commercial Properties
• CoStar
• Frank Rolfe

About Prabin Dutta

Prabin Dutta is a Certified Mobile Home Community Manager with over 15 years of experience in managing, supervising, administrating, and directing the entire operation of commercial, residential, and land properties, including finance management, insurance, leasing, tenant, acquisitions, insurance, sales, renovation, maintenance, and physical condition inspection. He has the keen ability to assess deals quickly, cut through the hype, measure upside vs. downside risk, and make sound decisions. Over the last 12 years, he has owned and operated Single Family, Multifamily, and Mobile Home Parks in five states.

Connect with Prabin

• Company: Cosmonet LLC
• Number: [phone]
• Email: [e-mail]

Quotes

• “We do not manage the homes, we are managing lots.” - Prabin Dutta
• “I personally feel that this is one of the best real estate portfolios that someone can have.” - Prabin Dutta
• “We will make sure that we win by turning out property: making profits.” - Prabin Dutta

Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard, please leave a review on iTunes.