Managing MHPs with Meaning: Karen Petersen on Community, Cash Flow, and Control
Manage episode 495882800 series 3552130
Join me as I sit down with Karen Petersen, a seasoned real estate investor, entrepreneur, and former fire investigator who has carved out a unique path in the world of mobile home park investing. With a background that spans fire scene analysis, brokerage ownership, and now managing thriving communities across Georgia, Karen brings a powerful blend of discipline, adaptability, and vision to the conversation.
Karen and I discuss:
- Her journey from fire investigator to full-time real estate investor
- Why she transitioned from traditional real estate to mobile home parks
- How she builds sustainable communities through long-term strategy
- The lessons she’s learned from managing tenant turnover and renovations
- Why risk management and cash reserves are essential for investors
- How rent-to-own models promote stability and homeownership
- The importance of building a reliable contractor and support network
- Navigating loan defaults and challenges while staying focused on the mission
- Why she chose to scale without investors—and how she made it work
- Her thoughts on financial independence, success, and knowing when you’ve reached “enough”
Episode Contact Information
Phone: 203-733-8380
Email: [email protected]
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81 episodes