Mobile Home Park Investors With Jefferson Lilly & Brad Johnson

Welcome to Episode 75 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Ryan Burke is a Wall Street Analyst for Green Street Advisors. This episode is Part two of a three-part series. On the show, Ryan discusses why there isn’t new park development in the mobile home park industry, what kind of returns you can expect from a mobile home park, and how they’re faring with publicly traded companies like ELS and SUI.   Key Takeaways: [1:25] What kinds of things or factors inhibit the construction of new parks? [4:00] Why are there not a lot of third-party managers in this industry? [6:15] On average, what type of return could you achieve if you were to buy a manufactured home and hold it forever? [7:50] What are the average premiums to property value right now? [10:15] How does Ryan conduct his research on this industry? [13:10] What kind of differences are there between the publicly traded companies like ELS and SUI? [18:20] Rental homes are like