The Studebaker brothers built one of America’s largest and most successful carriage and automobile businesses using a simple motto: “always give more than you promise”. So how do we do that with mobile home parks? That’s the focus of this Mobile Home Park Mastery podcast in which we try to unlock how to utilize this simple formula to deliver exceptional customer satisfaction.
Listen To Episode 292The April 2023 Mobile Home Park Investing Newsletter
Here’s the simple playbook to hitting 10% to 20%+ returns with mobile home parks – even in recessions or depressions. It all revolves around using debt as a tool to create higher yields.
Watch The VideoThe story of Conrad Hilton, the founder of the Hilton Hotels chain, began with the modest Mobley Hotel in Cisco, Texas. Although the hotel was small and not very profitable, it set Hilton on the path to success. This story holds valuable lessons for those considering investing in small mobile home parks, as it highlights the importance of adapting one's business model to achieve greater success.
Read MoreThe demand for affordable housing is huge, but finding the applicant with the necessary down-payment, earnings level and credit score to actually buy your vacant mobile home is more difficult. One great way to spur traffic to any mobile home park is to hold an “Open House”. In this Mobile Home Park Mastery podcast we’re going to focus on how to hold these events successfully and unlock the potential in your market to fill homes at a faster pace.
Listen To Episode 291We answer the top 20 questions we receive most frequently about mobile home park buying and operations, providing you with truthful answers to help you decide if investing in this industry is right for you.
Listen To The AudioThere have been a number of recent articles predicting lending problems for “commercial real estate”. But there is no such thing as generic “commercial real estate”. There are simply several different niches that aggregate into that term. In this Mobile Home Park Mastery podcast, we will explore the similarities and differences between mobile home parks and the other commercial real estate sectors and how the future banking challenges will probably unfold.
Listen To Episode 290