Led by Rob Coldwell and Anil Dham
Thursday, March 5th
Networking: 11:30 AM
When: Meeting: 12:00 PM – 1:30 PM
Where: The Tap House (Conshohocken Brewing Co.)
3100 Horizon Drive
King of Prussia, PA 19406
It’s March.
St. Paddy’s Day is around the corner.
Everyone’s talking about luck.
So let’s talk about getting lucky… in the trailer park.
Before your banker faints — no, this is not about scratch-off tickets, chain smoking, and shamrocks.
It’s about buying one of the most durable, misunderstood, and quietly outperforming asset classes in real estate.
In this deep dive, Karl will walk us through:
• WHY mobile home parks can be outstanding investments
• How deals are actually found (hint: not Zillow)
• How to properly underwrite a park
• How they’re financed
• The metrics you MUST understand before making an offer
• A side-by-side comparison using REAL numbers vs a multifamily deal
We’ll break down:
1.) Lot rent economics vs apartment rent economics
2.) Infrastructure risks (sewer, water, electric — the unsexy stuff that matters)
3.) Expense ratios and management differences
4.) Cap rates and cash-on-cash returns
5.) What separates a pot of gold from a leaky septic system
Mobile home parks aren’t glamorous.
They don’t photograph well for Instagram.
But the numbers?
They can be beautiful.
If you’ve ever wondered why seasoned investors are quietly moving into this space — this is your chance to see exactly how the math works.
Come for the shamrocks.
Stay for the spreadsheet
We look forward to seeing you there!