In Episode 19 of the Stephen Lee-Thomas Show, we talk multifamily real estate with Eric Lindsey, who has scaled his portfolio to 136 units as a general partner. Eric shares his journey from wholesaling single-family homes to building a sustainable investment career through mobile home parks and apartment syndications.
Discover why Eric transitioned from high-volume wholesaling to multifamily investing and how he’s leveraging his experience to generate long-term wealth through strategic acquisitions, smart partnerships, and hands-on education.
What You’ll Learn:
- Why mobile home parks are more resilient and profitable than you think
- How Eric transitioned from wholesaling to owning 136 units
- Strategies to raise capital—even without a deep network
- How passive investors can vet deals and sponsors
- The real returns of alternative investments like multifamily and mobile home parks
Episode Highlights:
[00:00:00] – Introduction: Meet Eric Lindsey
[00:02:45] – Eric’s first deals and early lessons from wholesaling
[00:06:12] – Building 150 new lots in a mobile home park
[00:10:40] – The education that shifted Eric’s investing approach
[00:15:05] – From podcast listener to real estate syndicator
[00:19:30] – Why mobile home parks offer better returns
[00:24:00] – What passive investors should know about underwriting
[00:28:48] – Overcoming the capital-raising challenge
[00:33:20] – The importance of partnerships and vetting
[00:37:55] – Eric’s advice to new general and passive investors
[00:41:30] – What’s next: Eric’s vision for thousands of units
Ways to Connect with Eric Lindsey:
- Website: moonlightcre.com
- Personal Website: ericlindseyml.com
- LinkedIn: linkedin.com/in/eric-lindsey-162255230
- Email: eric@moonlightequities.com
- Podcast: The Moonlight Real Estate Side Hustle and Syndication Show
If you're a busy professional looking to invest passively or make the leap into GP roles, this episode is packed with value. Don’t forget to subscribe, rate, and review on your favorite podcast platform.
Visit www.skool.com/multfamilymasteryhub and fast-track your way to becoming a full-time real estate entrepreneur today!
Connect with Us:
- Skool Community: https://www.skool.com/multifamilymasteryhub/about
- Website: https://www.stephenleethomas.com/
- Facebook: https://www.facebook.com/StephenLeeThomasCapital/
- Instagram: https://www.instagram.com/stephenleethomas/
- LinkedIn: https://www.linkedin.com/in/stephenleethomas/
- YouTube: https://www.youtube.com/@StephenLee-ThomasCapital
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