Are you looking to invest in MHP’s without the headaches of tenants, toilets and trash? If so, you've come to the right place! Welcome to the Passive Mobile Home Park Investing Podcast! This is where you can get most of the education you need to passively invest in the highly profitable investment niche of mobile home parks. Hosted by active mobile home park investor and operator Andrew Keel, this show will guide you through 5 different series, which are: Why invest in mobile home parks?, How to invest in mobile home parks?, What to look for when investing in mobile home parks?, How to vet a mobile home park operator?, And finally, an interview series with mobile home park rockstars! Join us today to find out how you can retire early through the lucrative niche of passive mobile home park investing! This podcast is for informational purposes only and should not be depended upon for investment decisions.
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Are you looking to invest in MHP’s without the headaches of tenants, toilets and trash? If so, you've come to the right place! Welcome to the Passive Mobile Home Park Investing Podcast! This is where you can get most of the education you need to passively invest in the highly profitable investment niche of mobile home parks. Hosted by active mobile home park investor and operator Andrew Keel, this show will guide you through 5 different series, which are: Why invest in mobile home parks?, How to invest in mobile home parks?, What to look for when investing in mobile home parks?, How to vet a mobile home park operator?, And finally, an interview series with mobile home park rockstars! Join us today to find out how you can retire early through the lucrative niche of passive mobile home park investing! This podcast is for informational purposes only and should not be depended upon for investment decisions.
Interview with Patrick McDonald & Nick Cebula of CMG Parks
Passive Mobile Home Park Investing
42 minutes 34 seconds
9 months ago
Interview with Patrick McDonald & Nick Cebula of CMG Parks
Welcome back to The Passive Mobile Home Park Investing Podcast, hosted by Andrew Keel! In today’s episode, Andrew sits down with Patrick McDonald and Nick Cebula, co-founders of CMG Parks to discuss their journey in building a 30 property mobile home park and RV park portfolio across six states, providing affordable housing for nearly 2,000 residents.
Patrick McDonald and Nick Cebula, both alumni of Washington State University come from backgrounds in medical sales management and financial planning. Together, they leveraged their expertise to launch a specialized real estate investment firm focused on value-add mobile home park opportunities in the Pacific Northwest.
In this episode, you'll learn: - How Patrick McDonald and Nick Cebula transitioned from traditional careers into Mobile Home Park investing - The unique challenges and opportunities in the Pacific Northwest Mobile Home Park market - Why legislation, rent control, and park-owned homes can make or break a mobile home park investment - The one big factor that allowed all three—Patrick McDonald, Nick Cebula, and Andrew Keel—to break into the mobile home park investing industry (and how you might have it too!)
If you’re looking for insider strategies to scale your mobile home park portfolio, this episode is a must-listen!
Andrew Keel is the owner of Keel Team, LLC, a Top 50 Owner of Manufactured Housing Communities with over 3,000 lots under management. His team currently manages over 40 manufactured housing communities across more than 10 states. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Check out KeelTeam.com to learn more.
Andrew has been featured on some of the Top Podcasts in the manufactured housing space, click here to listen to his most recent interviews: https://www.keelteam.com/podcast-links. In order to successfully implement his management strategy, Andrew’s team usually moves on location during the first several months of ownership. Find out more about Andrew’s story at AndrewKeel.com.
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Would you like to see value-add mobile home park projects in progress? If so, follow us on Instagram: @passivemhpinvesting for photos and awesome videos from our recent mobile home park acquisitions.
Talking Points:
00:21 – Welcome to The Passive Mobile Home Park Investing Podcast with Andrew Keel
03:04 – Why success in mobile home park investing takes time—and how having a supportive spouse can make a difference
07:20 – The importance of real estate education before diving into mobile home park investing
08:22 –...
Passive Mobile Home Park Investing
Are you looking to invest in MHP’s without the headaches of tenants, toilets and trash? If so, you've come to the right place! Welcome to the Passive Mobile Home Park Investing Podcast! This is where you can get most of the education you need to passively invest in the highly profitable investment niche of mobile home parks. Hosted by active mobile home park investor and operator Andrew Keel, this show will guide you through 5 different series, which are: Why invest in mobile home parks?, How to invest in mobile home parks?, What to look for when investing in mobile home parks?, How to vet a mobile home park operator?, And finally, an interview series with mobile home park rockstars! Join us today to find out how you can retire early through the lucrative niche of passive mobile home park investing! This podcast is for informational purposes only and should not be depended upon for investment decisions.