{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Legacy Investor with Cameron Philgreen","title":"59: This Real Estate Strategy Survived 2008 & COVID (Mobile Home Parks) | Jack Martin","html":"","width":"100%","height":180,"duration":3377,"description":"Mobile home park investing is one of the most stable and recession-resistant real estate strategies, yet most investors completely overlook it. In this episode of The Legacy Investor Podcast, I sit down with Jack Martin, founder of 52TEN, to break down why mobile home parks consistently outperform apartments and single-family rentals when it comes to cash flow, tenant stability, and downside protection.\nJack shares how he transitioned from flipping 2,000+ single-family homes into building a mobile home park portfolio of nearly 2,000 lots across five states, backed by $60M+ in private capital. We discuss how mobile home parks work, why tenants rarely move, how rents stay affordable, and why new supply is nearly impossible due to zoning restrictions, making this a scarce and durable asset class.\nThis conversation covers real-world deal structures, agency debt financing, value-add strategies, utility optimization, tax benefits like bonus depreciation, and how mobile home parks performed during 2008 and COVID. We also explore investor mindset, long-term discipline, and why stewardship and patience matter more than chasing fast returns.\nIf you’re looking for passive income, inflation protection, and long-term wealth through real estate, this episode is a must-watch.\n🔑 Key Takeaways\n👉Why mobile home parks produce some of the most stable cash flow in real estate\n👉How owning land not homes changes tenant behavior completely\n👉Why mobile home park tenants rarely move (and why that matters)\n👉How parks performed during the 2008 crash and COVID eviction moratorium\n👉The difference between 1-star and 5-star mobile home parks\n👉Why mobile home parks are a shrinking, hard-to-build asset class\n👉How Jack adds value through operations, utilities, and ancillary income\n👉A real mobile home park deal breakdown with numbers and financing\n👉How agency debt and supplemental loans work for parks\n👉Why patience, faith, and stewardship matter in long-term investing\n⏱️ Chapters\n00:00 – Why mobile...","thumbnail_url":"https://img.transistorcdn.com/HL6qIChRG-a62SiwEDin9hKZtqJ9FwSbmIQDpJksZyQ/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84NTk4/ZjViYmRmNzdmYzIw/YzE4OTgzNWE3ZTBh/ZDQ1Zi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}