AREI 89: Mobile Home Park Fever! With Charlotte Dunford
In this episode, Charlotte Dunford tells us how they were able to thrive on the mobile home park market and how you can do too. Join us and listen in!
Charlotte is the Managing Partner of Johns Creek Capital – an investment managing company that focuses on mobile home park investments, with a total investor subscription amount of over $4.2M. Numbers-wise, they currently have 20 park investments, and Charlotte herself has also created over $500k in asset value in the past 12 months. Charlotte really comes from humble beginnings and is a first-generation American citizen and college graduate after leaving China with just her belongings at age 16.
[00:01 - 00:33]
• We welcome Charlotte Dunford to the show.
[00:34- 03:39]
•Charlotte Dunford's background on how she started investing in real estate.
• What is the blue ocean strategy?
[03:40 - 06:44]
• Which locations they are mostly invested in?
• Charlotte on what she loves about mobile home parks?
• How mobile park homes are helping solve the housing crisis.
[06:45 - 12:29]
• Why do they not own the actual mobile park home unit and try to avoid that?
• What they are doing for their mobile home park communities to be recognized as together within the community area it’s in and to prevent from getting pushed out?
[12:32 - 17:48]
• Are they looking at the possibility of buying a mobile home park and transitioning it into a tiny home?
• Property management systems and structures that they use for their mobile park homes?
• What advice would Charlotte give somebody who wants to start investing in mobile home parks?
[17:50 - 34:49]
• What's next for John's Creek
• How did the current state of the economy affect their investment thesis?
• Asking Charlotte Dunford about the Adventurous Four
Memorable Quote:
"I believe education really opens lots of doors. Because I think, and not only, it's not just a piece of paper that you get from a college, it broadens your mind and it makes you think, I think that's important. That would definitely leave an impact." - Charlotte Dunford
Connect with Charlotte Dunford
https://johnscreekcapital.com/
https://www.linkedin.com/company/johns-creek-capital-llc/
https://www.linkedin.com/in/charlotte-d-a03139189/
https://www.facebook.com/johnscreekcapital https://www.youtube.com/channel/UCucY4rBQpyukUqFUNo-FYFw/videos https://twitter.com/CapitalJohns
https://www.instagram.com/johnscreek.capital/
Explore more. Adventure awaits.