Dec 10, 2019
Tim Kelly is an active duty Chief Petty Officer, in the United States Navy and has been serving his country for 14 years.
Now stationed on shore duty in Pensacola, Florida, he is fully pursuing his dream of owning and operating multi-family real estate and helping others realize their financial freedom goals!
Tim has been investing in real estate since 2011 where he purchased his first single family residence with the intention of forcing appreciation and flipping for a profit. That was also his first “house-hack,” and he quickly learned the benefits of long-term buy and hold real estate were much more aligned with his goals.
Through analyzing hundreds of multi-family properties, Tim has built an incredible network of real estate professionals, owns, controls, or has directly been involved in over 1,000 income producing units and looks forward to acquiring 5,000 multi-family units within the next three years.
Ask Me Anything Quesitons:
- How does operational risk compare from multifamily to MHP's? Allison Weiss / LinkedIn
- What is the best piece of advice you can give when things just don’t seem to workout as you planned them too? TJ Hines / LinkedIn
- Why do you prefer MHP over all the other commercial RE? John Fortes & Dusten Hendrickson / LinkedIn
- Can you use a VA loan from a spouse to cash-out refinance a primary residence under someone else's name. I.E. loan is in my name, but we live in it together Brody James Oakes / FB
- When we are talking large multifamily syndication (especially value add), there is always a very clear cut “exit strategy” with backup strategies as well. What are some of the exit strategies you have, or have seen others plan when buying mobile home parks? With the increased interest of late in this niche, I could see this helping but are you worried about what this might look like in 4-5 years and how do you continue to cultivate interested investors while not adding too much competition for yourself? Thank you in advance and a BIG THANK YOU for your service Sir. - Jeff Blue Harrison, San Antonio, TX / Facebook
- How do you entice good Lonnie dealers into his parks / Andy Teasley FB
- How to find a competent manager in a complete turnover park in a new market. In an almost vacant park where there’s not much of a pool to choose from. Then how to find local handy people and contractors. Mike Ray / FB
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