Description
Today's Flash Back Friday episode is from #573 that originally aired on April 3, 2023.
VP of finance at Open Door Capital, Sydney Barker. Prior to joining Open Door Capital, Sydney served as the Corporate Controller for a $250M IT company as well as a Senior Financial Analyst for a large public insurance company. Her experience includes various merger/acquisitions with private equity firms, ERP implementations, SEC reporting, and cash management and strategy. In addition to her corporate endeavors, Sydney has personal investments in both multifamily apartments and mobile home parks.
Quote: "Mobile home parks is an asset class where you can get really creative."
Highlights:
06:40: Getting creative with your MHP investments
08:00: Sydney’s first MHP investment and how she’s found value in the deal long-term
19:55: Managing utilities at your mobile home parks
22:50: Sydney’s role at Open Door Capital
27:10: Lessons Sydney has learned from working with a fast-growing firm
31:10: Market-specific challenges Sydney has faced
37:50: Handling rent increases in MHP and apartment properties
Guest Website: https://odcfund.com/
Recommended Resources:
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