Mobile Home Park Mastery

Latest Episodes:

Stanford University’s Megatrend List and the Impact on Mobile Home Parks Jan 17, 2021

Show notes

Megatrends are seismic shifts in society that fuel strong business gains if properly anticipated and harvested. Stanford University’s bulletin has recently released a list of their projected megatrends and it creates some interesting observations on how mobile home parks are aligned with these powerful forces. Swimming against the current is never a productive concept and it’s always smart to align your business model with megatrends for maximum stability and profitability.

What If Johnny Appleseed Owned A Trailer Park? Jan 10, 2021

Show notes

What are big and green and equally loved and hated by mobile home park owners? The answer, of course, are trees. On the one hand they have beneficial effects both aesthetically and scientifically, and on the other they cause clutter, danger and utility line issues. In this episode of the Mobile Home Park Mastery podcast, we’re going to analyze the good and the bad and make some hard decisions about those big, green objects.

Why Parks May Be The Most Valuable Land In Any City Jan 03, 2021

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Mobile home parks may just sit on the most valuable piece of land in any city they serve. A bold statement? Not when you understand the rarely-discussed value of holding the key to infinite zoning. In this Mobile Home Park Mastery podcast we’re going to explore the amazing land value and potential that virtually all mobile home parks possess and give real-life case studies to support this argument. Like a 3-D puzzle, you may be shocked to learn the reality behind this claim and the implications going forward.

The Simple Science Of Making Money Dec 27, 2020

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Science involves distilling events down to a formula – so what is the simple formula for making money with a mobile home park? In this Mobile Home Park Master podcast we’re going to examine what the key profit drivers are and unveil some simple formulas to help you understand the potential that many properties have to deliver significant gains. Unlike calculus, this is math that you get paid for.

The Potential Impact Of What The Economists Are Saying Dec 20, 2020

Show notes

Economists are paid to make predictions – and they make a lot of them. Most of them are fairly off base, but when you aggregate them and take the average you start to get a better picture. In this Mobile Home Park Mastery podcast, we’re going to take recent economist surveys regarding the U.S. economy and overlay those on the potential impact to mobile home park investing. Just as it’s “hard to row against the current” it’s important to try and align your mobile home park with the megatrends.

The Five Historical Eras Of Mobile Home Park Construction Dec 13, 2020

Show notes

Cars have gone from steam to gas to electric. Planes have gone from propeller, to turboprop to jet. And mobile home parks have also evolved over time. In this Mobile Home Park Mastery podcast we’re going to review the basic evolution of the mobile home park and how it impacts investing in this sector. Beyond just history, there are significant areas of interest with the era of park construction and how your property will potentially perform as a result.

What's Really Happening to Our Costumers? Dec 06, 2020

Show notes

Economic upheaval. Shuttered businesses. Broken dreams. What’s the impact of what’s happening in America right now on mobile home park residents? In this episode of the Mobile home Park Mastery podcast, we’re going to look into the typical mobile home park residents and how they’re faring in one of America’s most difficult times. As you’ll see, mobile home park residents may just be the best positioned economic group in the U.S. today.

Old Homes Nov 29, 2020

Show notes

Douglas MacArthur once said “old soldiers never die, they just fade away”. But what about old mobile homes? In this episode of the Mobile Home Park Mastery podcast, we’re going to look into the definition of “old homes”, what their strengths and weaknesses are, and how to determine their future. We’re also going to review some budgeting tips when buying parks with old homes, and why some old homes should just be scrapped. MacArthur was a great General – can you be as good at honestly assessing your old home housing stock?

Financial Options To Buy Homes To Fill Vacant Lots Nov 22, 2020

Show notes

One of the key ways to increase the value of any mobile home park is to maximize its occupancy. Filling a vacant lot propels you from zero value to $30,000 to $100,000 of equity based on lot rent. And the only way to fill a vacant lot for most properties is for the park owner to buy the home – new or used – and bring it in themselves to then sell or rent. Because homes are capital intensive, the key driver to this activity is selecting the correct financial options to pay for these homes. In this episode of the Mobile Home Park Mastery podcast, we’re going to review the financial options for paying for homes to fill vacant lots. As you’ll see, there are a litany of possibilities in today’s markets.

Revisiting The Name Game Nov 15, 2020

Show notes

I unearthed a copy of the 2015 Journal of Manufactured Housing recently and found the lead article was a debate over what the correct name is for our industry. Yes, that’s how little was going on in mobile home parks back then. In this episode of the Mobile Home Park Mastery podcast we’re going to revisit the issue of what the correct name for the industry is, with some shocking conclusions. They say that “a rose by any other name would smell as sweet” but is that true for a trailer? Or is it manufactured home?

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