The average tenancy of mobile home residents is around 14 years. But sometimes it’s only a few months. Some of this cannot be controlled but there are other factors that are within a park owner’s power to correct. In this Mobile Home Park Mastery podcast we’re going to explore what factors lead to short tenancy, its impact on your bottom line, and some practical tips to reduce this problem.
Listen To Episode 321The November 2023 Mobile Home Park Investing Newsletter
There is a seismic shift in America right now that will have wide-ranging ramifications for all industries including the mobile home park sector, and that’s the elimination of the “knowledge worker”. In this Mobile Home Park Mastery podcast we’re going to drill down on what “knowledge workers” are, why they are doomed, and how this change will have a megatrend impact on all industries and investments including mobile home parks.
Listen To Episode 320In this video, Frank Rolfe gives a detailed review of the history of interest rates and how they impact the acquisition of mobile home parks. He also gives concrete strategies to forge deals in the new higher interest rate era based on time-proven approaches from the past.
Watch The VideoSam Zell has only been gone for a short while yet it appears that many buyers and sellers have already lost track of the art of imputing risk – the necessary element of factoring risk into buying and selling decisions. In this Mobile Home Park Mastery podcast we’re going to review the Zell formula on approaching the subject of risk and what some of the issues are when you don’t adhere to those principals.
Listen To Episode 319All pre-HUD homes (built prior to 1976) have flat roofs. However, some park residents decide that a flat roof is unattractive and does not drain well (which is true) and endeavor to build a new pitched roofline on their existing flat one. This is called a “roof-over,” and it is precisely as the name implies. In this video, we review the issues with this concept from a park owner’s perspective.
Watch The VideoSince 1776, America has gone into an economic cycle of boom and bust, with recession a natural part of that process. And over the decades many smart investors have learned to actually embrace those economic disasters as a positive part of the process to creating wealth – and that includes mobile home parks. In this Mobile Home Park Mastery podcast we’re going to explore the good attributes of the pending U.S. recession and see what we can learn from those who dealt with this cycle in the past.
Listen To Episode 318Many mobile home parks began as side hustles for landowners who built the park directly behind their houses so they could watch over it. Half a century later, these homes are still sitting in fairly prominent positions, but no modern owner wants to live in them. Instead, they have potential for several different uses. In this video, Frank Rolfe discusses the possible options for these old structures.
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