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Ep. 191 | Interview with Jordan Savitsky on Mobile Home Park Investments and Operational Insights

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Welcome back to the Mobile Home Park Lawyer Podcast! Today, we’re excited to bring you a wealth of knowledge from our distinguished guest, Jordan Savitsky, with 50 West Capital. Jordan is an experienced entrepreneur with a background in various business ventures, including real estate and mobile home park (MHP) investments.

In this episode, Jordan shares his journey from private equity to real estate, emphasizing his approach to learning by doing and the importance of thorough due diligence. He offers valuable insights into strategies for finding the right deals, navigating the challenges of different markets, and operational tips that can make or break your investment.

Jordan discusses the nuances of managing park-owned homes, the importance of due diligence, and the value of having a working capital budget. He also highlights the significance of finding the right tenants and shares personal anecdotes about tenant screening and operational adjustments that have contributed to his success in the MHP space.

Don’t miss this insightful conversation that dives deep into the operational and strategic aspects of mobile home park investments. Whether you’re a seasoned investor or just starting, Jordan’s experiences and advice will help you navigate the complexities of the MHP market! Tune in Now!

Highlights of the episode:

00:00:07 Introduction and overview by Ferd Niemann

00:00:34 Welcome and introduction of guest Jordan Savitsky

00:05:04 Initial deal criteria and lessons learned from the first deals

00:07:46 Importance of due diligence and working with experts

00:14:57 Value of park-owned homes and strategies for managing them

00:19:08 Tenant screening and the importance of finding the right tenants

00:26:52 Operational tips and experiences post-closing

00:36:29 Strategies for marketing and attracting the ideal tenant demographic

Connecting with MHP Law:   

Website: https://themobilehomelawyer.com/

Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069

LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/

Instagram: https://www.instagram.com/themhplawyer

Connecting with Guest:   

Email: jordan@50westcapital.com

Linkedin 50West: https://www.linkedin.com/company/50west-capital/

Linkedin Jordan: https://www.linkedin.com/in/jordan-savitsky-64505b23/

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The MHP Lawyer Podcast 2022

Copyright 2009-2022 Ferd Niemann. All Rights Reserved. This Guide/Podcast/Website is intended for information purposes and is not to be considered by the reader as business, legal, tax or other advice. We are fortunate to have many clients give us positive feedback about working with us. We have included some of their Testimonials in this Guide/Podcast/Website or on our website. Please keep in mind that the success of any business or legal matter depends on the unique circumstances of each matter. We do not guarantee particular results for future clients based on the successes we have achieved in the past. Please also note the descriptions of attorney practice areas contained in this Guide/Podcast/Website are for illustration, as the actual scope of practice for any attorney can vary greatly. The description of attorney practice areas contained in this Guide/Podcast/Website (and the designation as a Mobile Home Park Lawyer) does not mean any agency or board has certified such attorney as a specialist or expert; specifically, neither the Supreme Court of Missouri nor the Missouri Bar reviews or approves certifying organizations or specialist designations. The choice of a lawyer is an important decision and should not be based solely upon advertisements. See www.themobilehomelawyer.com Disclaimer and Legal Notice page for additional important information. (Rev. 8-20-20)