Capital Cashflow

Abraham & Hadar cover part 2 of our Mobile Home Park Q&A. Please check out Hadar's mastermind at mihmastermind.com.
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In this episode, Abraham talks with Mike Renz. Mike is a hydro geologist at Renz & Associates. With 35 years of experience, he has performed thousands of Phase 1 Environmental Reports, many for mobile home park owners.
http://www.renzandassociates.com/
Some quick info on Phase 1's:
1. A phase 1 is an environmental report that protects property buyers in case contamination is later found.
2. If you buy a property without doing a phase 1 and there is contamination, you can be held liable for the cleanup (which can range from tens of thousands to tens of millions).
3. Mobile home parks are more likely to have environmental contamination than apartments, for example. Agency lenders (such as fannie mae & freddie mac) require them, as do many local lenders.
4. Phase 1's also help you when you go to refinance, redevelop, or resell the property. Often phase 1's can be updated for the new buyer, so they do not have to duplicate the new study.
Tips for picking a Phase 1 firm:
1. Referrals are important (we highly recommend Renz & Associates, which is why we had Mike on the show!)
2. Choose a firm with experience.
3. Smaller firms are better, if the guys doing the reports are in suits looking like lawyers, that will give you a clue of what they will bill you for
4. Make sure they have good insurance
5. Check if they will allow you to back out after the report is ordered
Please visit our website CapitalCashflow.com to be notified of future investment opportunities & when new podcasts launch, also visit us on social media at:

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In this episode, Abraham interviews legend, Frank Rolfe! Frank, along with his partner Dave Reynolds, is the 5th largest owner of mobile home parks in the United States, with over 250 communities & 20,000 lots (60,000 tenants!).
We talk about the benefits of MHP investing versus other forms of real estate, how to scale, how to find a partner, and more!
Please visit our website CapitalCashflow.com to be notified of future investment opportunities & when new podcasts launch, also visit us on social media at:

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twitter.com/capitalcashflow
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In this episode, Abraham talks with Greg Scully & Darren Light. We talk about apartment investing, syndications, finding great partners, the mindset of an investor, and more! You will enjoy this episode.
They can be reached at their website, https://realwealth.solutions/
Please visit our website CapitalCashflow.com to be notified of future investment opportunities & when new podcasts launch, also visit us on social media at:

facebook.com/capitalcashflow
twitter.com/capitalcashflow
instagram.com/capitalcashflow

In this episode, Abraham goes over why mobile home parks are the best real estate investment in 2020 and beyond.
Please visit our website CapitalCashflow.com to be notified of future investment opportunities & when new podcasts launch, also visit us on social media at:
facebook.com/capitalcashflow
twitter.com/capitalcashflow
instagram.com/capitalcashflow