Mobile Home Park Mastery

Latest Episodes:

Whining Even When You’re Winning Oct 31, 2022

Show notes

A new study shows that mobile home values are up 34.6% since 2016 – nearly matching the 35.4% increase of single-family homes. You would think that would be good news for the 8% of Americans that live in mobile homes. But NPR is determined to show that even when park residents are big winners it’s all part of an evil plot by corporate owners. So we’re going to dissect their latest ridiculous article.

How To Reduce Stress From Community Ownership Oct 24, 2022

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Stress can contribute to many health problems, such as high blood pressure, heart disease, obesity and diabetes. Some of it is the normal condition that comes with taking risk and achieving success, but a huge portion is simply created by your own actions when better options are available. In this Mobile Home Park Mastery podcast we’re going to focus on what causes stress in the mobile home park business, how to manage it, and how to reduce it.

Options To Sidestep Conventional Banking Oct 17, 2022

Show notes

Jerome Powell at the Fed has ushered in an era of interest rate instability that has not been experienced in over 40 years. This has created an environment in which traditional banking is not always the attractive solution to getting deals done. But what are the alternatives to sidestep traditional lending? That’s the focus of this Mobile Home Park Mastery podcast.

Sometimes The Best Deals Are The Ones You Don’t Do Oct 10, 2022

Show notes

Being a successful park buyer requires discipline. You can’t let your desire to make a deal get in the way of the underlying premise of making money. So how can you guard against acquisitions that are the opposite of portfolio-builders? That’s the topic of this Mobile Home Park Mastery podcast.

Before You Can Have Return On Capital You Must Have Return Of Capital Oct 03, 2022

Show notes

In the search for income, many investors overlook the simple fact that there is no income until your capital is safely returned. When you seek the measure of an investment’s performance the only one that matters is the total return at the end, not simply a couple good years along the way. In this Mobile Home Park Mastery podcast we’re going to review why mobile home parks are superior in their return levels because they virtually always start off with your capital back through superior investment construction.

What’s Wrong With Being The Market Leader In Rents? Sep 26, 2022

Show notes

While most mobile home park owners take comfort in letting someone else do the honors, there’s nothing wrong with being the market leader in lot rents. However, there is a process to taking that role and it comes with responsibilities and strategic thought. In this Mobile Home Park Mastery podcast we’re going to explore the role of being market leader and how to do a good job of it.

The Biggest Differences Between Apartments And Mobile Home Parks Sep 19, 2022

Show notes

With apartments having reached a cyclical high and mobile home parks still running with plenty of value-building opportunity, many apartment owners are looking at buying mobile home parks. If you fit that profile, then the key initial question is “what are the big differences between the two?” In this Mobile Home Park Mastery podcast we’re going to review the differences between these two housing investment options.

Listen To Stanley Marcus Sep 12, 2022

Show notes

Stanley Marcus – the founder of Neiman Marcus – once said “take your markdowns on people and merchandise as quickly as possible. Unfortunately, many mobile home park owners refuse to follow this advice and end up holding on to unsuccessful managers for months or years longer than they should. So why do they do this and how do you correct this behavior? That’s the focus of this episode of the Mobile Home Park Mastery podcast.

New Ways To Find Mobile Home Rehabbers Sep 06, 2022

Show notes

The U.S. demand for affordable housing is huge, but you can’t rent or sell a mobile home unless it’s been renovated. Home readiness is, in fact, the number one problem for most park owners that have vacant units. But it’s perpetually harder to find those who will work on mobile homes as they seek better paying alternatives. In this Mobile Home Park Mastery podcast we’re going to review some fresh ideas that we’re implementing to find home renovation workers in a tough U.S. workplace.

Inexpensive Amenities That Residents Love Aug 29, 2022

Show notes

One of the best ways for any mobile home park owner to create a nicer community is the addition of amenities. These come in all price ranges, but there’s a surprisingly large number that are very inexpensive yet have huge bang for the buck. In this Mobile Home Park Mastery podcast we’re going to explore what these amenities are, what they cost, and why they are so effective.

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