SA977 | Invest in Large Mobile Home Park Communities and Deals with Tyler Lekas
Tyler Lekas
Listen to this amazing conversation with Tyler Lekas as he speaks about his massive success in the mobile home park space!
Tyler covers some of the things investors must learn about building partnerships, the benefits of investing in mobile parks and communities, the current condition of this asset class, and interesting things about investing in the Arkansas market.
Key Points & Relevant Topics
- How Tyler got introduced to mobile home park investing and met his business partner
- Main reasons why Tyler is attracted to mobile home parks
- The current supply and demand of mobile home parks in the US
- What makes Florida a good market for mobile home parks
- Things to look at when looking for a long-term business partner
- The pain points of scaling a large real estate portfolio
- Having an exit plan or strategy in a syndication
- How the mobile home park eviction process works in Arkansas
- Advantages of investing in the Arkansas market
- Future trends and the current situation of the mobile home park space
Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor
About Tyler Lekas
Tyler Lekas began his career at First Investors as a Financial Advisor. He then moved to Stifel Nicolaus where he managed a hybrid book of both retail and institutional money. In 2017 he started the acquisition and management of mobile home parks. He purchased his first 55 space park in Florida in 2018. Since that time, Tyler, and Jason’s company, MHCI Group, have purchased 752 units throughout the Southeast and they are the largest private owner of mobile home parks in Arkansas. Tyler oversees the property management team, construction, inspections for new acquisitions, private utility expertise, and new/used home infills within each property.
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To Connect With Us
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Connect with Tyler:
- Website: https://www.mhcigroup.com/
- LinkedIn: Tyler Lekas
- Email: tyler@mhcigroup.com