Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
VIDEO: EP110: Book Report: Am I Being Too Subtle? by Sam Zell (Part 2 of 3)
Welcome to Episode 110 of the Mobile Home Park Inves...
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Sep 20 2018 32m
Chapter 1 1 min
Sam recognized there was an unfilled demand in secondary and tertiary marketsChapter 2 44 sec
At 24 years old, Sam had already made a million dollars in today’s moneyChapter 3 2 mins
Sam applied to 43 law firms and got rejected at all of them. He had no idea why!Chapter 4 1 min
Just off of referrals alone, Sam was making 3x what junior partners were making at a small law firmChapter 5 3 mins
Sam met billionaire real estate mogul, Jay Pritzker and Jay would later become his mentorChapter 6 3 mins
For the first 10 years of business, Sam had a relatively small team and he split profits with everyone, including the secretaryChapter 7 9 mins
Sam predicted there would be a real estate crash due to how easy it was to lend money in commercial real estateChapter 8 3 mins
In the late 80’s, Sam warned that there were structural changes happening in the real estate market and predicted another crashChapter 9 3 mins
How did Sam discover mobile home parks?Chapter 10 1 min
In 2005, Sam and his company began to diversity in RV parksChapter 11 47 sec
Stay tuned for part 3!