Frank Rizzo, a mobile home park investor, shares his journey and expertise in the industry. He explains how he transitioned from residential real estate to mobile home park investing and the opportunities he found in this asset class. Rizzo emphasizes the importance of ownership and creating value through community development. He discusses the challenges and transformations he has experienced in turning around mobile home parks, including improving community standards and attracting new residents. Rizzo also highlights the role of Stone Capital Investors in providing opportunities for passive investors in the mobile home park space.
Listen to the podcast here or on your favorite podcast app:
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Main Points:
- Mobile home parks offer opportunities for wealth creation and legacy building through ownership.
- Transforming mobile home parks involves improving community standards and creating a sense of community.
- Stone Capital Investors provides opportunities for passive investors in the mobile home park space.
- Affordability is a key factor driving the demand for mobile home parks.
Connect with Frank Rizzo:
- fjr@stonecapitalinv.com
- https://www.stonecapinv.com/
- https://themhpexchange.com/
- https://www.facebook.com/TrailerparkTurnaround https://www.facebook.com/mhpexchange
- https://www.instagram.com/frank.rizz/
- https://www.linkedin.com/in/frank-rizzo-20818843/
- https://www.youtube.com/@TrailerParkTurnaround
Biography Of Frank Rizzo:
Frank Rizzo is Co-Founder of Stone Capital Investors. He has over 20 years experience in real estate as a broker, owner and syndicator. For the past 12 years he has been active in the MHP space and during that time he has acquired and re-positioned over 20 communities and 1,567 lots.
Starting his entrepreneurial journey in high school, Frank obtained his real estate license at 19 and went on to earn his Series 7, 24 and 63 licenses by 23. He later opened his real estate brokerage, Cornerstone Realty at 28. With a focus on alternative investment opportunities in the real estate market, Frank trained industry recognized top producing sales agents and developed a track record for sourcing, re-positioning and marketing real estate assets. He had been elected to serve his local real estate board as director and later served as President of the Staten Island Board of Realtors.
With a deep passion for learning and improving in the real estate industry, Frank has built a career in seeing opportunities and values where others do not. His persistence and consistency are the keys to bring those visions to life. Recognizing the importance of exchanging information with like-minded professionals, he along with his partner Eric Busuttil, launched the MHP Exchange – a platform to provide insights to the market and industry. Through this, he aims to use his passion for the MHP space and affordable housing to provide better housing alternatives and communities.
Frank attributes his success to the the F.l.L.O. system – first in, last out. He believes that energy, drive and passion outweigh other perceived shortcomings. Maintaining focus and moving from one situation to another with the same enthusiasm are key factors in his journey and success.