{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Capitalizing Your Life Podcast","title":"Stabilize, Syndicate, Succeed: Garrett Terrell’s Secrets to Scaling MHPs","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/a1f6d4b5\"></iframe>","width":"100%","height":180,"duration":2127,"description":"Episode 63 - Garrett Terrell\n\"I kind of hit a home run on my first deal. And so I thought I knew everything. And I'm like, 'Nah, I just want to keep this lean and mean.' Like, I want to pay this park off and just have one park to deal with and all that stuff. And I don't know if anything necessarily just changed, but I think the more deals that we were looking at, and underwriting, and getting direct to seller on, these were like no brainer opportunities. And I didn't have multiple six figures of my own cash to just dump into these deals and manage myself. These are no brainer deals. And so I'm like, 'Man, I got to find the money for this.'\"\n\nJoin me as I interview returning guest Garrett Terrell, the CEO and founder of Rocket Capital Fund.  As a real estate agent, Garrett began his journey focused on flipping houses. During our last interview, Garrett was in the process of transitioning out of residential into strictly multi-family real estate. Garrett shares his accomplishments and projects over the last year. Today, Garrett owns a portfolio valued at over $10,000,000 with over 100 units.\n\nGarrett and I discuss:\nHis rapid growth since his first 33-unit MHP\nWholesaling and direct-to-seller strategies\nFinancing options and insurance in the multifamily space\nHis recent acquisitions and challenges\nBenefits of investor partnerships\nSyndication and portfolio management\nThe importance of stabilizing before adding more projects\nCost-effective ways to transform MHPs\nFacebook Marketplace: a surprise for sales success\nStreamlining systems and operations\nTransitioning old tenants into new systems\nWholesaling vs. owning MHPs\nEpisode Links:\n\nX (formerly Twitter):@GarrettTerrell\nInstagram: @Garrett_Terrell\nFacebook: @garrett.terrell.5\nLinkedIn: @garrett-terrell-6b3b2718b\nYouTube: @GarrettTerrell\n \nhttps://rocketcapital.fund/\n \n------------------------\nTHE MILLIONAIRE JOURNEY\nGet your free e-book here:\nTop 10 Reasons Mobile Home Parks Outperform Other Real Estate Investments\n...","thumbnail_url":"https://img.transistorcdn.com/poMURXA4VnyYzengdntjVD1C6yPBkwnyTw02C7dqJPY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85YzZj/MDk5MDVlOWM0ZGFi/MTJiNzBkODcwMGUx/MTA4My5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}