• Understanding the local market is crucial for investment success.
• Financing strategies can include creative solutions like loan stacking.
• Property management comes with its own set of challenges.
• Networking and marketing are essential for finding deals.
• Negotiating price reductions is a viable strategy in real estate.
• Wholesaling can provide quick capital for further investments.

Join Our Free Skool Community: https://shorturl.at/THtsf

5-day challenge: https://www.commercialdreampartner.com/challenge

About the Guest:

Barry Rogge is a commercial real estate investor based in Ocean Springs, Mississippi. Originally from Louisiana, Barry transitioned from owning single-family homes to multifamily properties and has quickly scaled his portfolio. With a background in project management for heavy industries and engineering, Barry brings a strategic and analytical approach to real estate. Despite encountering challenges like high insurance costs and property repairs, he has continued to find success through creative financing and off-market deal sourcing. When he's not closing deals, Barry enjoys travel and is preparing for an exciting trip to Japan.

Description:

In this episode, Paul and Peter are joined by Erin Vandegrift, a former professional equestrian turned mobile home park investor. Erin shares her journey from managing a 1,200-pound horse to overseeing mobile home parks across the U.S. She dives into the challenges of switching careers, learning the ins and outs of real estate investing, and how creative financing helped her build a growing portfolio. With a clear focus on mobile home parks, Erin offers valuable lessons for anyone looking to enter the world of real estate investment.

Takeaways:

• Confidence grew through community support and networking.
• Creative financing strategies were key to her first deal.
• The importance of due diligence in real estate.
• Erin prefers tenant-owned homes for reduced maintenance costs.
• Taking action is crucial for learning and growth in real estate.
• Value-add investing in mobile home parks

Join Our Free Skool Community: https://shorturl.at/THtsf

5 day challenge: https://www.commercialdreampartner.com/challenge

About the Guest:

Erin Vandegrift is a real estate investor with a focus on mobile home parks. Originally from Virginia, Erin began her career as a professional horse rider before transitioning into real estate. She has managed everything from apartment complexes to industrial spaces, but found her passion in mobile home park investing. Erin currently oversees parks in West Virginia, Oklahoma, and Tennessee, with a goal to expand her portfolio to 500 lots in the next two years. When she's not investing, Erin enjoys traveling in her RV and spending time with her miniature horses and donkeys.

• Adaptability is crucial for investors in fluctuating markets.
• Avoid forced sales by structuring deals wisely.
• Creative financing can provide multiple options for investors.
• Long-term planning helps mitigate risks during downturns.
• Lead generation requires proactive conversations, not just analysis.
• Education and masterminds can significantly enhance learning.
• Risk management is essential for sustainable investing.
• Opportunities often arise during chaotic market conditions.
• Mindset and accountability are key to achieving success.

Join Our Free Skool Community: https://shorturl.at/THtsf

5 day challenge: https://www.commercialdreampartner.com/challenge

About the Guest:

Jeff Rappaport has been in the real estate game for over two decades, specializing in creative finance strategies. With experience in various market cycles, Jeff has mastered the art of structuring deals that minimize risk and maximize returns. He’s a member of the Commercial Dream Partners team, dedicated to helping investors succeed through innovative financing solutions. His practical approach and deep understanding of market dynamics make him a go-to expert for investors looking to scale their businesses.