Mobile Home Park Investors With Jefferson Lilly & Brad Johnson

Welcome to Episode 97 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Todd Foster currently owns six parks and has an interesting management philosophy that makes his parks easier to deal with, especially on the tenants’ side. Tenants feel empowered in Todd’s parks and Todd shares why in today’s episode.   Key Takeaways: [1:40] What did Todd do prior to getting himself into mobile home parks? [2:40] Todd actually grew up in a park back in Washington. [4:10] After taking over his father’s parks, how did Todd grow from two to six parks? [6:00] How has Todd’s management style evolved over the years? [9:15] Todd has attended plenty of seminars and they all have an undertone theme of how to fight, and win, with their tenants/local government. Why does it have to be that way? [9:45] Todd set out to fix this problem. He wanted to make homeownership a pleasant experience for everyone. [10:05] None of Todd’s rental agreements say the word ‘tenant’ o