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PODCAST

Mobile Home Park Mastery

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!

business investing

All Episodes

10:23

Lights, Camera, But Is There Action?

Mobile Home Park Mastery ·

2024/10/07

In a world in which everyone has abandoned Nikon cameras for cell phones, taking good pictures has become a lost art. And the end result can be poor home sales as you try to fill your vacant lots. In this Mobile Home Park Mastery podcast we’re going to review how to take great photos and use them as an important tool to get your mobile homes sold.

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12:43

Why The “Free Rent” Movement Is Going Nowhere

Mobile Home Park Mastery ·

2024/09/30

There is a national push to attack landlords under what many call the “free rent movement”. This woke ideology is that landlords are inherently evil and that housing rent should be controlled by the government or – better yet – forced to be provided at no charge. In this Mobile Home Park Mastery podcast we’re going to explain, in detail, why this movement is going nowhere, despite what some politicians may promise.

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10:08

The Science Behind Manager Commissions

Mobile Home Park Mastery ·

2024/09/23

Many park owners use commissions to promote achieving certain management targets. They are designed to be highly effective tools of motivation, but too many owners don’t apply them properly or in the correct amounts. In this Mobile Home Park Mastey podcast we’re going to review the strategy behind effecting commissions to hit your targets.

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10:47

The Importance Of The Rent To Ownership Ratio

Mobile Home Park Mastery ·

2024/09/16

The United States has entered into uncharted territory regarding the premium it costs to own a home over rent one. From 1973 to 2022 the ratio of cost of ownership vs. renting averaged 1.03. It has now expanded to a mind-blowing 2.8 – nearly three times more. While the Biden administration has chosen to avoid this topic it needs to be addressed as it is going to impact rent levels nationwide and will bring about the largest increases in mobile home park lot rents in history in the years

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13:03

The Facts About Recessions And Home Repos

Mobile Home Park Mastery ·

2024/09/02

As long as mobile homes are sold to fill vacant lots, there will always be a percentage of customers who will not make it to the of their mortgages. And with a recession officially arriving soon, the issue of home repossessions needs to be watched closely and planned for. In this Mobile Home Park Mastery podcast we’re going to drill down on the real facts regarding home defaults and how to proactively minimizing them.

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13:59

Why There Is No Federal Government Solution To...

Mobile Home Park Mastery ·

2024/08/26

It’s election season, and there are wild claims hitting the media of how the Federal government can be used to create affordable housing. In this Mobile Home Park Mastery podcast we’re going to burst the bubble on these reckless claims and explore the two key solutions that nobody cares to talk about.

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10:11

Everything You Need To Know About Road Widths

Mobile Home Park Mastery ·

2024/08/19

Roads are an essential responsibility of the park owner. Yet few people understand all the issues regarding what road widths are acceptable and what are not. In this Mobile Home Park Mastery podcast we’re going to explore and expose the key issues regarding proper road widths as well as some solutions to the most common problems.

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10:22

Talk Is Cheap And City Official Talk Is Worthless

Mobile Home Park Mastery ·

2024/08/05

In an America that is lacking in accountability, the city official – whether zoning or inspections – is a master at that craft. Yet how you interpret what they say can make the difference between buying the deal or walking it. And often you have to bring in reinforcements to protect you interests. In this Mobile Home Park Mastery podcast we’re going to explore the science behind interacting with city officials.

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10:01

Where Are The Distressed Deals?

Mobile Home Park Mastery ·

2024/07/29

Interest rates have risen about five points since 2022 – the fastest and highest increases in over 40 years. That has led many buyers to grow impatient for the distressed deals that many predicted. In this Mobile Home Park Mastery podcast we’re going to review where distressed deals come from, what the typical timetable is for their arrival, and when we think that period may begin.

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10:28

Making Exceptions Creates Exceptional Problems

Mobile Home Park Mastery ·

2024/07/22

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11:05

Navigating Pre-hud Home Deals

Mobile Home Park Mastery ·

2024/07/15

Most mobile home parks have a mixture of old and new homes – but some have strictly pre-HUD vintage units. In this Mobile Home Park Mastery podcast we’re going to explore the good and bad attributes to having nothing but old homes from an era long ago.

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11:14

Handing Off The Lending Baton

Mobile Home Park Mastery ·

2024/07/09

Even though the amortization on a mobile home park mortgage is typically 25 to 30 years in length, the balloon comes due around year 5 to 10. Like a relay race, the successful mobile home park owner must make sure that the baton can be seamlessly passed to the next lender. In this Mobile Home Park Mastery podcast we’re going to review proactive methods to make that transition reliably smooth.

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10:31

Understanding The Concept Of “Hot” Markets

Mobile Home Park Mastery ·

2024/07/01

Brokers frequently claim that a market is “hot” which they equate to being of superior quality and therefore worthy of potentially overpaying. But it this a good idea? Should you favor “hot” markets? In this Mobile Home Park Mastery podcast we’re going to explore this concept in depth and offer some constructive pointers regarding buying parks in these parts of the nation.

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10:00

The Perils Of Hiring The Manager From The Park Down...

Mobile Home Park Mastery ·

2024/06/26

Eventually the manager at the mobile home park down the street will inquire about being in charge of yours. Or one day you’ll get jealous that the community a few blocks over is nicer or fuller than yours and you’ll say “I wonder if I should approach that manager to work for me?”. In this Mobile Home Park Mastery podcast we’re going to drill down on this concept and give you case studies of how that concept typically tuns out.

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10:47

Really Understanding Recourse

Mobile Home Park Mastery ·

2024/06/17

All borrowers prefer “non-recourse” lending, but is “recourse” really a deal killer? It’s all a matter of perspective. In this Mobile Home Park Mastey podcast we’re going to explore the issue of recourse and analyze the real risk and how to mitigate it.

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9:34

Don’t Abandon “Cash For Keys”

Mobile Home Park Mastery ·

2024/06/11

There are some skills learned during Covid that we don’t need to throw away, and one of them is the concept of “cash for keys”. Born of desperation from the national evictions moratorium, this playbook of paying tenants to leave who can’t come up with their rent is still a win/win solution in many cases. In this Mobile Home Park Mastery podcast we’re going to explore why this works, how to implement it, and discuss its inherent win/win outcome.

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13:09

Where Did That Come From?

Mobile Home Park Mastery ·

2024/06/03

We’ve been trying to unlock the science of mobile home park ownership for three decades, but there are some unwritten rules that are not supported by math and nobody even knows where these supposed “truths” came from. In this Mobile Home Park Mastery podcast we’re going to review the odd certainties that are used by bankers and bureaucrats yet have no basis in actual fact.

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10:12

Analyzing Shipment Data

Mobile Home Park Mastery ·

2024/05/28

Many people track how many mobile homes are sold in the U.S. and are only focused on the total number that are shipped each month. But the more important information for park owners is found in where those homes go. In this Mobile Home Park Mastery podcast we’re going to derive some meaningful conclusions from the 2023 manufacturing data.

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10:00

Do You Need An Appraisal On A Seller-financed Deal?

Mobile Home Park Mastery ·

2024/05/20

When the seller carries the financing they typically don’t require a formal appraisal. Despite the absence of a formal loan committee there’s still the need for a Phase I Environmental Report and a survey. But do you need to have an appraisal done? In this Mobile Home Park Mastery podcast we’re going to explore the uses of an appraisal, the cost vs. benefit, and some alternatives to help you gain confidence in the price you are paying.

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13:14

Fighting Back Against A “Rigged” System

Mobile Home Park Mastery ·

2024/05/13

It comes as no surprise that America has become enormously corrupt in so many ways. Simply watching the news gives you a full knowledge of how “rigged” our systems have become. In this Mobile Home Park Mastery podcast we’re going to explore what the corrupt systems are that mobile home park owners have to contend with and how to properly fight back or work around them.

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422 results

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