Ep. 136 | Interview With Victor Alves How To Transition From Single Family Flips Into MHPs

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, and 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 

If you don’t like it now, the chances that you’re gonna like it later is very minimal.” - Victor Alves

“Get into the business” - Victor Alves

 

Connecting with the Guest:

Facebook: https://www.facebook.com/victor.alves.7587

Email: victor@vecnocapital.com

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