EP. 79 // How to Build $40mm in Real Estate Through RV Parks w/ John Mansor
Today on the show we have the Founder of Archer Acquisitions, CEO and Real Estate Investor John Mansor.
On today's show we have an incredible story and an even more incredible business mode. Our guest John Mansor recounts his ascent from a challenging childhood in foster care to owning a staggering $40 million real estate empire by 27. His story is a testament to the unyielding spirit of an individual who, despite a father battling addiction and an uncertain start, carved a path through the finance sector, tech sales, and ultimately struck gold in real estate wholesaling. His candid narrative not only inspires with its rags-to-riches essence but also lays bare the practical strategies that were the bedrock of his success.
RV parks are a completely unsung niche in investing and John dives deep to tell us the ins and outs of his secret weapon for building his portfolio in the New England area. Let's get into it!
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ABOUT JOHN MANSOR
John Mansor currently oversees a $40 million real estate portfolio with over 600 units.
His father was a successful entrepreneur in construction and interior design which gave him early exposure to the industry. Tragedy struck when his father suffered severe back injuries when he was T-Boned by an 18-wheeler, leading to a dependence on opioids and ultimately, losing his wealth. This downward spiral led to a SWAT team raiding his house, stripping away John and his brother from their family and becoming a ward of the state. The trauma of losing everything propelled John to overcome numerous challenges throughout his life.
But amidst the turmoil, a beacon of hope emerged in the form of a charitable organization that granted John a scholarship to Raquette Lake Boys Camp. This experience was transformative, instilling in him a newfound determination to strive for a better life through hard work and education.
After graduating from Bentley University, he faced skepticism from potential employers due to a lack of experience, John refused to be deterred and ventured into tech sales. Yet, he yearned for something more fulfilling and aligned with his aspirations for financial freedom. During this time, he reconnected with old friends and embarked on a journey into real estate wholesaling.
When they stumbled into syndications this marked a turning point, as they shifted their focus from quick, active income to a more strategic approach aimed at creating sustainable wealth. Through meticulous acquisition strategies, John and his partners experienced rapid growth, acquiring RV parks and multifamily properties, including a 40-unit townhouse community on Cape Cod.
Success didn't come without challenges, but John's dedication to prioritizing investor returns and creating wealth remained unwavering. Operating on a low-fee model, their company has successfully purchased approximately $40 million worth of real estate, with plans for an additional $20 million in acquisitions in 2024.
