208: Buying 41 Units on Your First Deal + Mobile Home Park Investing with Jack Baczek

<p>Most people begin their real estate investing with a small single family purchase. Some even start with a duplex or triplex. But today’s guest on the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>&nbsp;skipped the intro phase and jumped right into a&nbsp;<strong>41-unit property early in his 20s</strong>! Today, you’ll learn how&nbsp;<strong>Jack Baczek</strong>&nbsp;used a strategy not before mentioned on the podcast to invest in 41 units, as well as his transition to mobile home park investing (and why that niche ROCKS). Jack’s story is truly inspirational, and you’ll walk away from this interview inspired, entertained, and pumped up to take massive action on your own business!</p><p>In This Episode We Cover:</p><ul><li>How Jack&nbsp;<strong>got started</strong>&nbsp;with real estate</li><li>How he stumbled upon&nbsp;what ended up his&nbsp;<strong>first deal at age 21</strong></li><li>What exactly a&nbsp;<strong>fractured condo</strong>&nbsp;is</li><li>How he found his first deal of&nbsp;<strong>21 units</strong></li><li>How he&nbsp;<strong>financed</strong>&nbsp;this huge deal</li><li>A warning against hiring the wrong&nbsp;<strong>property manager</strong></li><li>How having&nbsp;<strong>parents</strong>&nbsp;who&nbsp;invest in real estate affected him</li><li>Why he&nbsp;<strong>sold</strong>&nbsp;the 41-unit property</li><li>Why he made the shift to&nbsp;<strong>mobile home parks</strong></li><li>What&nbsp;a mobile home park&nbsp;<strong>deal</strong>&nbsp;looks like</li><li><strong>Reasons</strong>&nbsp;to invest in mobile home parks</li><li>The changes he made to the park to make it&nbsp;<strong>rent-ready</strong></li><li>Why there’s a&nbsp;<strong>bad stigma</strong>&nbsp;on mobile parks</li><li>Why Jack fell in love with&nbsp;<strong>direct mail marketing</strong></li><li>The&nbsp;<strong>downsides</strong>&nbsp;of owning a mobile home park</li><li>Where is he now in terms of&nbsp;<strong>scaling</strong>&nbsp;his business</li><li>What an&nbsp