Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
Welcome to Episode 113 of the Mobile Home Park Inves...
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Oct 25 2018 30m
Chapter 1 2 mins
What did Rich do prior to joining PEP?Chapter 2 39 sec
What types of lending programs does Rich offer to his customers?Chapter 3 2 mins
Most of Rich’s customers have dealt with credit problems in the pastChapter 4 29 sec
The biggest loan Rich and his team have made was around $80,000Chapter 5 3 mins
Does a park owner have to become a licensed dealer in order to work with PEP?Chapter 6 1 min
How are the agreements usually structured between the park owner and tenant?Chapter 7 1 min
Rich explains what a typical loan structure looks like and how much a tenant pays, on averageChapter 8 2 mins
Do tenants need to find their own mobile parks or does PEP handle that?Chapter 9 1 min
Why does Rich not rely on bluebook mobile home values?Chapter 10 1 min
Are there characteristics of a mobile home that Rich and team will not finance?Chapter 11 2 mins
What happens if the tenant is paying PEP but not the park owner lot rent? Or vice versa?Chapter 12 4 mins
What happens if a customer defaults?Chapter 13 3 mins
Rich prides himself and his company for being very accessible. You will always get a real, live person answering your call!