Podcast 295: Underwriting Mobile Home Parks with Mario Dattilo
Mario Dattilo began his entrepreneurial career while in high school at the age of 18. He began investing in real estate in 2008 and started building a portfolio of mobile home communities in 2015. The portfolio is in five states and is managed by celebrate communities, Mario’s property management company.
Mario has always enjoyed educating and helping others and does this through his mobile home park investing YouTube channel (MarioDattilo.Tv), his education company (MHPTribeSolutions.com) and his commercial real estate/entrepreneurship podcast (MarioDattiloShow.com).
*DISCLAIMER – We are not giving any financial advice. Please DYOR*
(00:00 – 02:05) Opening Segment
– Mario is introduced as the guest Host
– Mario shares something interesting about himself
(02:05 – 35:12) Underwriting Mobile Home Parks
– Mario shares his first real estate investment
– Mario also shares how he started investing in mobile home parks
– He also shares what things he looks at as soon as he receives the mobile home deal
– He shares the underwriting process for every deal
– Mario shares What spreadsheet he is using for underwriting
– Mario shares who are his underwriting team
– Also, he shares all his mistakes made during the underwriting
– He also shares his best deal
– And he shares if he sees an impact on the mobile home industry
(35:12 – 44:43) Fire Round
– Mario shares if he sees an impact on the mobile home industry
– Mario shares his investment strategy
– Mario also shares his favorite Finance, real estate book, or any related book
– Also Mario shares about the website and tools that they can recommend
– Mario’s advice to beginner investors
– Also shared how he gives back
(44:43 – 46:33) Closing Segment
-If you want to learn more about the discussion, you can watch the podcast on Wealth Matter’s YouTube channel and you can reach out to Alpesh using this link.
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