{"id":70599,"date":"2015-02-26T00:01:34","date_gmt":"2015-02-26T07:01:34","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=70599"},"modified":"2023-04-12T06:14:56","modified_gmt":"2023-04-12T12:14:56","slug":"2015-02-26-bp-podcast-111-unique-profitable-real-estate-niche-youve-never-considered-with-jefferson-lilly","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2015-02-26-bp-podcast-111-unique-profitable-real-estate-niche-youve-never-considered-with-jefferson-lilly","title":{"rendered":"A Unique (and Profitable) Real Estate Niche You\u2019ve Probably Never Considered with Jefferson Lilly"},"content":{"rendered":"<p>In this episode of the <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\">BiggerPockets Podcast<\/a>, we dig into a real estate niche that, until today, you\u2019ve probably never considered. However, after listening to this entertaining and informative show with guest <strong>Jefferson Lilly,<\/strong>\u00a0we think you\u2019ll be a believer! Join us as we dive into the world of mobile home parks, and learn numerous reasons why a park might be a better investment than either single family or multifamily real estate.<\/p>\n<p>Whether you&#8217;re looking for a great, low-barrier first time real estate niche to invest in, or you&#8217;re simply looking to expand your growing portfolio &#8212; don&#8217;t miss out on wealth of knowledge covered in this episode!<\/p>\n<h2>Read the Transcript<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp111-jefferson-lilly-podcast-transcript-unique-real-estate-niche\" target=\"_blank\">Click here<\/a> to read the transcript.<\/p>\n<h2>Listen to The Show on iTunes<\/h2>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC4592317339&amp;light=false\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>Help Us Out!<\/h2>\n<p>Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found <a href=\"https:\/\/www.biggerpockets.com\/forums\/25\/topics\/161423-do-you-listen-to-the-bp-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. Thanks! We really appreciate it!<\/p>\n<h2>This Show Sponsored By<\/h2>\n<p>We just wa<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-66280\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2014\/11\/RealtyShares.png\" alt=\"RealtyShares\" width=\"283\" height=\"60\" title=\"\">nted to give a shout out to our podcast sponsor\u00a0on today\u2019s show:<strong> RealtyShares<\/strong>. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!<\/p>\n<p>Learn more by visiting\u00a0<a href=\"http:\/\/www.RealtyShares.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">RealtyShares.com\/biggerpockets<\/a>!<\/p>\n<h2>In This Episode We Cover:<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-41804\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2013\/04\/BiggerPockets-Podcast-Cover-300-300.jpeg\" alt=\"BiggerPockets-Podcast-Cover 300 300\" width=\"150\" height=\"150\" title=\"\"><\/a><\/p>\n<ul>\n<li>How Jefferson got started with <strong>value investing<\/strong><\/li>\n<li>Why you should <strong>emulate Warren Buffet<\/strong><\/li>\n<li>How he began investing in\u00a0<strong>mobile home<\/strong> parks<\/li>\n<li>What you should know about the <strong>views<\/strong> on mobile homes in America<\/li>\n<li>Insight on <strong>helping people<\/strong> move from\u00a0one asset class to the next<\/li>\n<li>The <strong>ins and outs<\/strong> of how\u00a0investing in mobile home parks works<\/li>\n<li>How Jefferson got a <strong>half million dollar<\/strong> line of credit<\/li>\n<li>How he got a <strong>50% increase<\/strong> in the affordable housing program<\/li>\n<li>Discussions on\u00a0<strong>income streams<\/strong> for\u00a0mobile home parks<\/li>\n<li>What\u00a0you need to know about <strong>LLCs<\/strong> for mobile home investing<\/li>\n<li>How to <strong>find value<\/strong> in a mobile home<\/li>\n<li>A great explanation of &#8220;<strong>cap\u00a0rate<\/strong>&#8220;<\/li>\n<li>The essential <strong>duties of a park manager<\/strong><\/li>\n<li>How Jefferson <strong>raised funds<\/strong> for his investing<\/li>\n<li>Why you should use\u00a0<strong>outsourcing &amp; streamlining<\/strong> to manage your business<\/li>\n<li><strong>And SO much more!<\/strong><\/li>\n<\/ul>\n<h2>Links from the Show:<\/h2>\n<ul>\n<li><a href=\"mailto:trivia@biggerpockets.com\" target=\"_blank\" rel=\"noopener noreferrer\">Trivia Email<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/calc\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Calculator Suites<\/a><\/li>\n<li><a href=\"http:\/\/www.tulsaestatesmhp.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">TulsaEstatesMHP Website<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/blog\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Blog<\/a><\/li>\n<li><a href=\"http:\/\/craigslist.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Craigslist<\/a><\/li>\n<li><a href=\"http:\/\/parkstreetpartners.net\/fund\" target=\"_blank\" rel=\"noopener noreferrer\">ParkStreetPartners Fund<\/a><\/li>\n<li><a href=\"http:\/\/odesk.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Odesk.com<\/a><\/li>\n<li><a href=\"https:\/\/www.elance.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Elance.com<\/a><\/li>\n<li><a href=\"http:\/\/dropbox.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Dropbox<\/a><\/li>\n<li><a href=\"http:\/\/squarespace.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">SquareSpace<\/a><\/li>\n<li><a href=\"https:\/\/stripe.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stripe.com<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/2a9oIeb\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Rich Dad Poor Dad<\/em><\/a> by Robert Kiyosaki<\/li>\n<li><em><a href=\"http:\/\/amzn.to\/2alLHFp\" target=\"_blank\" rel=\"noopener noreferrer\">The Snowball: Warren Buffett and the Business of Life<\/a><\/em>\u00a0by\u00a0Alice Schroeder<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;A key point is the ability to think broadly and use OPM &#8212; other people\u2019s money.&#8221; <a href=\"https:\/\/twitter.com\/home?status=%22A%20key%20point%20is%20the%20ability%20to%20think%20broadly%20and%20use%20OPM%20--%20other%20people%E2%80%99s%20money.%22%20--%20BP%20Podcast%20111%20biggerpockets.com\/show111\" target=\"_blank\">Share on Twitter<\/a><\/li>\n<li>&#8220;It&#8217;s about helping people moving from one asset class to the next.&#8221; <a href=\"https:\/\/twitter.com\/home?status=%22It&#039;s%20about%20helping%20people%20moving%20from%20one%20asset%20class%20to%20the%20next.%22%20--%20BP%20Podcast%20111%20biggerpockets.com\/show111\" target=\"_blank\">Share on Twitter<\/a><\/li>\n<\/ul>\n<h2>Connect with\u00a0Jefferson<\/h2>\n<ul>\n<li><a href=\"http:\/\/www.parkstreetpartners.net\/\" target=\"_blank\" rel=\"noopener noreferrer\">Jefferson&#8217;s Main Website<\/a><\/li>\n<li><a href=\"http:\/\/www.lillyandcompany.net\/\" target=\"_blank\" rel=\"noopener noreferrer\">LillyandCompany<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In this episode of the BiggerPockets Podcast, we dig into a real estate niche that, until today, you\u2019ve probably never considered. However, after listening to this entertaining and informative show [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119274,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-70599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/70599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=70599"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/70599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119274"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=70599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=70599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=70599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}