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.
In the second of our three part series, we’re going to discuss the current state of mobile home park economics – including cap rates, cash-on-cash returns, the importance of spread and other topics. Think mobile home parks offer higher yields that other real estate sectors? How high? We’ll examine that and other important issues on this podcast.
Listen To Episode 8We’ve talked about the past and the future – so let’s focus on where things stand today. On this podcast, we’re going to go over the stats on where the industry sits at this very moment. And we’re doing this in a three part series reviewing the product, the economics, and the investment environment we are currently in. While history is important – and the future is exciting – it’s the here and now that determines our current returns as mobile home park investors.
Listen To Episode 7One of the big news stories in the mobile home park business today is the renewed interest and support from the U.S. Government. After nearly a half-century of absence, American elected officials are putting pressure on Federal agencies to help with the affordable home crisis in general, and the mobile home park industry in particularly. With proactive products such as new Fannie Mae and Freddie Mac loan programs for parks, a new Section 8 voucher program, and even tax incentives for those who do not re-develop their mobile home park into a different use, Uncle Sam is becoming a fast friend of the industry. And there’s more to come under the new Federal directive called “Duty to Serve”.
Listen To Episode 6What will mobile homes look like in the decades ahead? Will anyone still want to live in them? In this week’s Mobile Home Park Mastery podcast series, we’re going to discuss these issues within the general theme of The Future of the Mobile Home Park Product. We’ll talk about futuristic designs from a half-century ago from folks like Frank Lloyd Wright, to new things we’re seeing introduced in today’s models.
Listen To Episode 5Frank Rolfe discusses the impact of consolidation on the mobile home park industry. He reviews what consolidation is and who he sees as the winners and losers as consolidation unfolds. His arguments are accurate and compelling, and based on his insights as the 5th largest owner of mobile home parks in the U.S. (with his partner Dave Reynolds). It’s an important topic for all park owners and soon-to-be owners to consider.
Listen To Episode 4In this episode, Frank Rolfe discusses the critical numbers you need to hit when investing in mobile home parks in order to get maximum return on your investment.
Listen To Episode 3In this episode, Frank Rolfe discusses the surprising history of the mobile home park, and its impact on current investments.
Listen To Episode 2In this episode, Frank Rolfe discusses the reasons why people invest in mobile home parks.
Listen To Episode 1