Welcome to the Mobile Home Park Mastery Podcast where you will learn how to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate mobile home parks! Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. Together, they also own and operate Mobile Home University, the leading educational website for both new and experienced mobile home park investors!
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The mobile home park industry has long faced the question of optimal park size. In this Mobile Home Park Mastery podcast we’re going to explore the issue of whether to buy one really big property or several smaller ones, as well as the permutations of size on everything from financing to management cost.
Certain critical items in your park run on power and if it goes out, you’re in big trouble. The back-up plan is often a gas-powered generator, but which one do you get and what should you pay? In this Mobile Home Park Mastery podcast we’re going to explore the facts about power generation.
How the U.S. Postal Service delivers mail to your tenants is not of your concern – until they make it that way. In this Mobile Home Park Mastery podcast we’re going to review the rules on mail delivery and how the postmaster can often try to manipulate you into exceeding your obligations.
Warren Buffett is no longer in charge of Berkshire Hathaway day-to-day operations, and the new CEO made his first investment ... into the housing industry. In this Mobile Home Park Mastery podcast we’re going to explore why Greg Abel bought Taylor Morrison Homes and what it means for the mobile home park industry.
One item that we can only guess on as mobile home park buyers is what our prospective tenants are like. There’s no vetting process in due diligence and we typically only know their names and if they’ve paid their rent. But you can actually learn a lot about your customers based on the cars they drive. In this Mobile Home Park Mastery podcast we’re going to review what can be gleaned by the cars on…
Propane is a liquefied gas that is highly flammable – and essential in many mobile home parks to provide heating, hot water, and the ability to cook. In this Mobile Home Park Mastery podcast we’re going to explore, in detail, everything you need to know about propane and why it can be an essential utility method in certain circumstances.
Sun Communities, a U.S. REIT, lost a rumored $500 million on the purchase and sale of its holdings in the United Kingdom. In this Mobile Home Park Mastery podcast we’re going to explore what happened and what the lessons learned are for U.S. park operators that dare to venture outside America’s boundaries.
There is no perfect mobile home park. But there is a perfect mobile home park deal. To get there you have to have an item so great that it offsets each deal’s inherent flaws. In this Mobile Home Park Mastery podcast we’re going to explore the great deal points that can offset the negatives.
To buy a mobile home park requires effort and risk, and you’re not going to go forward unless you feel the profit potential is compelling. In this Mobile Home Park Mastery podcast we’re going to review some of the standard units of measure that most buyers are seeking – and are attainable.
There’s an old saying that “time is money” but in the mobile home park business, time can be millions made or lost, with time being the key item to navigate with financing and investor commitments. In this Mobile Home Park Mastery podcast we’re going to explore how much time to budget for the key components to any mobile home park turnaround.
