Featured

Episode 136 Interview With Victor Alves How To Transition From Single Family Flips Into MHPs



Published
In this week’s episode of The Mobile Home Park Lawyer Podcast, we have Victor Alves, a real estate entrepreneur and Co-Founder of Vecno capital.

Victor was a former sales district manager for a Fortune 500 company, who won several top performance awards before pursuing his career in real estate investing. He is a licensed contractor in the city of San Antonio, TX, a licensed manufactured home retailer, broker, an installer in the state of Texas, and actively serves as a Real Estate Coach for one of the nation’s leading real estate investment education companies.

If you are thinking about transitioning from single family flips to mobile home parks, you have to see this episode. Victor tackles the steps required to take when transitioning from single family flips to MHP, understanding demographics and clientele, finding and working with good people in the industry, and being ready for the unexpected.

Highlights of the episode:

00:50 - Introduction of the guest
01:30 - Background of the guest
06:10 - Motivation for the transition from single family flips to MHP
11:38 - Easy and hard steps through the transition
12:16 - Understanding demographics and clientele
14:05 - Utilities and working with a septic company
14:48 - Understanding infill
18:40 - Tips for people who are thinking about following Victor’s footsteps
19:58 - Finding good people in the industry
23:03 - Loans and working with lenders
26:42 - Underwriting
30:49 - Ensuring recovery when things don’t go as planned

Notable Quotes

34:24
"If you don’t like it now, the chances that you’re gonna like it later is very minimal.” - Victor Alvez

35:08
“Get into the business” - Victor Alvez

Connecting with the Guest:

Facebook: https://www.facebook.com/victor.alves.7587
Email: [email protected]
Website: https://www.vecnocapital.com

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

#mobilehomepark
#singlefamily
#transition
Category
Job
Be the first to comment