{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"TGCI 216: Elementary School Principal to Owning Mobile Home &amp; RV Park Communities","description":"In today\u2019s show, Pancham interviews Ryan Hill - mobile home parks owner, operator, and chief operating officer of Suncrest Capital LLC. Leaving his safety net behind was his best decision ever made. With over 19 investments in communities, 13 years of experience, and over $50 million in assets under management, he continues to drive operational efficiency in each community and continues to satisfy clients, investors, and tenants! What are mobile home parks? How do we analyze and manage these deals? What makes it different from RV parks? Does it generate good cash flow? Get the answers to these and more as he shares all about mobile home parks! Don\u2019t miss out as he\u2019ll also share his mindset shift on leaving his career in education to take a leap at real estate investing. Listen and enjoy the show! &amp;nbsp; Quote: \u201cTo get where we want to as a family financially and be able to give back and help other people the way that we want to and to support our family - this was the decision that we made and so far it's been a great one.\u201d Timestamped Shownotes:  0:39 - Pancham introduces Ryan to the show 1:38 - On educating himself on mobile home parks investments 7:29 - Insights learned from his first mobile home park investment 14:14 - Scaling up through vertical integration with the property management 17:54 - His current criteria when analyzing his potential investments 21:20 - RV parks and how they differ from mobile home parks 24:36 - Bible reading, workouts, and office calls to headstart his day 26:45 - Taking the Leap Round 26:45 - House hacking as his 1st leap into real estate investing 27:19 - Overcoming his fear of not understanding how investments work 28:17 - Why his 3-fund portfolio did not work out as expected 30:01 - Importance of networking and having trust 31:12 - How you can connect with Ryan  3 Key Points:  Having an investing partner who has different skill sets and making the right connections would help with complementing your own skill set. Managing 19 parks or 140 parks makes little difference and takes the same amount of time, thus it's ideal to scale up to optimize potential income flow. Automated systems make it easier to manage these investments as it allows you to focus on other aspects such as communication.  Get in Touch:  Suncrest Capital Website - https:\/\/www.suncrestcap.com\/ The Gold Collar Investor Banking - https:\/\/thegoldcollarinvestorbanking.com\/bankingshow The Gold Collar Investor Club - https:\/\/thegoldcollarinvestor.com\/club\/ Pancham Gupta Email - p@thegoldcollarinvestor.com  Book:  Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki - https:\/\/www.amazon.com\/Rich-Dad-Poor-Teach-Middle\/dp\/1612680194  ","author_name":"The Gold Collar Investor","author_url":"http:\/\/www.TheGoldCollarInvestor.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/25173177\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/141588168"}