Episode 19 with William Hicks
“So I would recommend to any of your young listeners or viewers, and when I say young, I mean, you could be in your mid to late forties. You're still young enough, it's not too late. Put money into passive income, mobile home parks, apartments, anything, anything with more than a dozen doors on it. That's what Grant Cardone says anyway. He likes 13 doors and more. But anything that's going to pay you back because in, you know, 5, 10, 20 years, you'll be glad you did.”
Join Glenn as he interviews William Hicks, a father and grandfather, who started his career in the asphalt business as a teenager and built his financial success by investing in mobile home parks. In the 1990s, he purchased his first mobile home park and hasn't looked back. William now has over 2,000 units all over the country.
Glenn and William discuss:
· His experiences with the asphalt and paving business
· His first MHP purchase in the 1990s
· Negotiating and finding deals off the market
· Passive income, active income, and the value of time
· Financial decisions and choosing simplicity
· Property management
· RV Parks vs. Mobile Home Parks
· The highs of MHP deals and ownership
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