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Wholesaling Commercial Property With Jimmy Johnson
Manage episode 358520622 series 3364636
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Welcome to the Mario Dattilo Show Podcast!
In this episode of The Mario Dattilo Show podcast, Mario interviews Jimmy Johnson, founder of Sanddollar Communities. They discuss Jimmy's journey in mobile home parks, why it took him a year before making a deal, the connection between mobile home parks and self-storage, changes in real estate through the years, and the difference between wholesaling single-family homes and commercial real estate. They also touch on the benefits of starting young in your real estate career, taking risks to meet people face-to-face, advice for going from employee to commercial real estate owner, developing good relationships with sellers, and Jimmy's love for fishing tournaments. Finally, they talk about the importance of patience in skill development and how to contact Jimmy.
Jimmy Johnson is the founder of Sanddollar Communities, which focuses on the sourcing of off-market, direct-to-seller, mobile home parks. As of January 2023, he has closed 71 mobile home parks in 20 different states.
Jimmy also founded Sanddollar Communities Management, a mobile home park management firm that manages a growing portfolio of 1,959 sites over 39 parks across the country. Jimmy lives in Tampa, Florida, and is an avid boater & tournament fisherman.
https://sanddollarcommunities.com
Find out more about Mario at MarioDattilo.net
Talking Points:
00:03 Introducing Mario’s Friend Jimmy Johnson Founder of Sanddollar Communities
01:30 How Jimmy’s Journey In Mobile Home Parks Started
05:29 Why Jimmy Went An Entire Year Before Making A Deal
07:04 Exploring The Connection Between Mobile Home Parks and Self-Storage
08:03 What’s Changed In Real Estate Through The Years
10:24 The Difference Between Wholesaling Single-Family Homes and Wholesaling Commercial Real Estate
16:36 Coaching Opportunity To Learn Everything About Mobile Home Parks With Mario
17:01 What Are The Benefits of Starting Young In Your Real Estate Career?
22:17 Taking The To Risk Travel and Meet People Face-To-Face
27:11 Advice For Going From Employee to Commercial Real Estate Owner
32:25 It’s All About Developing Good Relationships With Sellers
33:30 Why Jimmy Fell In Love With Fishing Tournaments
36:44 Skill Development Takes Patience and Is a Valuable Attitude
38:48 How To Get Ahold of Jimmy
SUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:
https://www.youtube.com/channel/UCGGnRDb6pSONGT9PQmbXTbw
Check out this podcast website: MarioDattiloShow.com
Links & Mentions From This Episode:
http://www.getrealcashflow.com
Instagram: @floridajimmy
TRANSCRIPT:
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