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In this episode of The Mobile Home Park Investing Podcast, Kevin shares the mic with Tim Kelly, Founder of Kelly Investment Group in Pensacola, FL.
Kevin began his investing career by house hacking while still serving full-time as a Chief Petty Officer in the United States Navy in Pensacola. With a few more multifamily deals under his belt, Kevin “switched teams” so to speak to investing almost exclusively in Mobile Home Communities — some of which include Mobile & Troy Alabama.
Enjoy this episode as the two dissect the strategies for raising funds for your first deals, and other due diligence principles.
[6:05] What is Tim’s background?
[10:35] Why did Tim switch from Multi-Family to Mobile Home Parks?
[14:24] What was Tim’s first deal like?
[26:03] What is Tim & Kevin’s thoughts on Park-Owned Homes?
[39:31] What’s Tim’s criteria for a “Good” Deal?
[41:29] Tim’s final closing thoughts.