EP 201: Solving the Housing Crisis: Inside the Mobile Home Park Investment Boom with Bobby Wymbs and Arthur Varela
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What if the key to long-term wealth wasn’t found in skyscrapers or single-family homes—but in overlooked, misunderstood mobile home parks?
Mobile home parks (MHPs) are often misunderstood, but for those looking to build real estate portfolios with strong cash flow, tenant stability, and legacy potential, MHPs are one of the most strategic investment plays available today. In this episode, Corwyn sits down with Arthur Varela and Bobby Wymbs from Matthews Real Estate to explore why mobile home parks are recession-resistant, how you can break into the space—even with limited capital—and how this asset class compares to more traditional investments like multifamily, triple-net leases, and self-storage.
Together, they unpack not only the numbers and mechanics but also the mindset shifts required to see value where others don’t. Whether you’re looking to start small, transition a 1031 exchange into something more passive, or expand your existing portfolio with creative financing, this episode offers an inside look into a corner of real estate that’s gaining serious momentum.
Key Takeaways
01:45 – How mobile home parks meet a critical need in underserved communities
04:10 – What makes MHPs more stable than multifamily properties
06:45 – Breaking barriers: Why zoning limits = less competition
09:55 – Where the deals are: Off-market tips and what institutional buyers are missing
12:20 – The window of opportunity: Timing, trends, and shifts in investor attention
17:25 – Creative financing that works (even in today’s interest rate climate)
18:23 – 1031 exchanges and the MHP advantage
20:00 – How passive are MHPs really? Operational insights from the field
21:35 – Finding the right broker and building your network
22:10 – Final advice: Affordable housing is impact investing that pays
Connect with Bobby and Arthur:
Website: www.matthews.com
Linkedin: https://www.linkedin.com/in/arthur-j-varela-iv-5017021b8
Connect with Corwyn:
Contact Number: 843-619-3005
Instagram: https://www.instagram.com/exitstrategiesradioshow/
Youtube: https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA
Linkedin: https://www.linkedin.com/in/cmelette/
Shoutout to our Sponsor: Mellifund Capital, LLC
Need funding for your next real estate flip or build? MelliFund Capital makes it fast, flexible, and investor-friendly. Visit MelliFundCapital.com and fund your future today. Again, that's MelliFundCapital.com, M-E-L-L-I-L-U-N-D, Capital.com.
203 episodes