Andrew Keel is the owner of Keel Team, LLC and his team currently manages 14 manufactured housing communities across six states – IL, IN, IA, OH, PA and TN. His expertise is in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. Two interesting facts about Andrew are that he started out as a “Lonnie Dealer” investing in individual mobile homes and that in order to successfully implement his management strategy, Andrew usually moves on location during the first several months of ownership to implement his management plan.
Entrepreneurial Role Models:
When business started difficulties overcame:
“the biggest one would be I had a sales job, I was promoted to a sales manager position and it was comfortable. There was a six-figure income every year, the monthly income was there, it was comfortable. But I wasn’t happy and I knew that there was going to be risk starting my own business. There is just a lot of I guess self-motivation that had to happen, I got plugged in to Tony and peak prosperity, I was listening to the audiotapes, I was listening to podcast my way to work and it really helped me change my limiting beliefs to be able to overcome these obstacles that I had made up in my mind of why I couldn’t do it. I think overcoming that mental hurdle was the biggest thing for me”…[Listen for More]
Favourite Books:
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Book by Robert T. KiyosakiFavourite Quote:
“The harder you work, the luckier you get.”
Recommended Online Resources:
BiggerPockets – The Real Estate Investing Social Network
Best Advice to Other Entrepreneurs:
“hire right and take the time. Because a bad hire, I’ve learned the hard way, it sets you back more than it puts you forward. In the beginning I hired my friends and family because I could trust them and I believe that that was the best fit. But looking back I probably would have gone about things differently. I would have hired people with more experience in that field and we would be in a different atmosphere right now had we have done that but I did was comfortable and I had to learn the hard way”…[Listen for More]
More About Andrew Keel:
Neil’s Quote at the Beginning:
“Business is more exciting than any game.” Lord Beaverbrook
Other Quotes From the Chat with Andrew Keel:
- “just trained your mind and get into the entrepreneurial mindset and understand that there is things in every business that you need to know and understand. And one of those is marketing, understanding that you need to be online, understanding social media and how it affects any business”
- “I’ve met a lot of people with analysis paralysis. They know the deal looks good, they’ve researched the deal and they know 110% about the deal but they are too nervous to take that step. So I think confidence and the ability to take risk is very, very important when you talk about success.”
- “The best way that you can keep up with change in my mind is to stay informed”
- “I wasn’t born a natural entrepreneur I had to be trained. You have got to always be learning and consistently keeping up with change”
- “if you want to be an entrepreneur it’s not all roses… It’s a very tough task, there is a lot of hats that you have to wear”
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