America is in a real mess right now, and it’s only going to get worse. Virtually all U.S. economists predict a major recession in 2023. There are already many headlines about layoffs at places like Twitter and Facebook. However, mobile home park collections are still strong, demand for homes has never been higher, and defaults on mobile home mortgages are still at around 5% or less. So how come mobile home park residents don’t seem to be struggling while many other Americans are? The answer lies in the facts and figures regarding employment.

We all know the government enacted the HUD SEAL program back around 1976. But are you aware there's some other requirements that HUD placed on mobile homes that are important that you be aware of? This is Frank Rolfe with the Mobile Home Park Mastery podcast. We're going to talk about snow loads, wind loads, and thermal zones.

It’s pretty clear that we’re heading for a U.S. recession in 2023. So what will that do to the mobile home park industry, and what are the statistics from the 2000 and 2007 recessions to support these observations? That’s the goal of this Mobile Home Park Mastery podcast: to dissect what the 2023 recession may look like and what the impact might be.

For over 40 years, Dollar Tree charged $1 for every item in the store. Whether it was a shirt, a toy, or a book, there was no price check needed because your tab would be exactly $1 per item. But recently, Dollar Tree raised that amount to $1.25 per item. Of all retailers, Dollar Tree is the most comparable to the mobile home park industry, as “trailer parks” have been offering ridiculously low prices for decades, and our customer base is very similar. So what’s the story on why Dollar Tree went to $1.25, how has that worked out, and what are the lessons learned for mobile home park lot rents?

When you have two mobile home parks in the same basic market, you always wonder if you would be better off hiring one manager to supervise both or having two separate managers to do the job. The concept of “sharing” management is not restricted to just mobile home parks, as many other industries have tested and employed it. However, mobile home park manager “sharing” has its own unique issues to consider. That’s the topic of this Mobile Home Park Mastery podcast.

A discussion of how mobile home park ownership offers you the ability to make money without investing a huge amount of time in management. There’s also an additional hour of questions on all types of topics.

Jerome Powell with the Federal Reserve has raised interest rates around 4 points in 2022 – the fastest such increase in 40 years. And, predictably, this is causing widespread disaster with the single-family home industry, which had experienced 14 straight years of world-record low home mortgages. So what’s the impact going to be on the mobile home park business when the single-family bubble bursts?

Mobile home park managers have an extremely difficult role. They are supposed to wear two hats: 1) the nice person and 2) the tough person. This is extremely confusing to residents and often fails to accomplish what you desire as the owner. In this Mobile Home Park Mastery podcast we’re going to explore why this is not a healthy situation for your property and offer tips on giving the manager a more clear role in the community.