Mobile Home Park Mastery

Latest Episodes:

Nimby Vs. Yimby = Gumby Apr 12, 2020

Show notes

“NIMBY” stands for “Not In My Back Yard” and is the attitude that has stopped new mobile home parks from being built in the U.S. for the past half century. Now the federal government is discussing the concept of promoting “YIMBY” which stands for “Yes In My Back Yard” – trying to coerce city government to allow mobile homes to be placed on lots restricted to stick-built single-family homes only. In this edition of Mobile Home Park Mastery podcast we’re going to discuss the cage fight of these two acronyms and why the victor is probably “GUMBY” which stands for “Give Up on My Back Yard”.

Trailer Vs. Tech For Highest Yield Apr 05, 2020

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The Wall Street Journal recently declared that the 4,100% rise of one Mobile Home Park REIT stock (and 2,000%+ of another) was a better return than virtually every other sector in the market. They compare the rise of trailer parks to that of high-tech. But is that a fair assessment? In this week’s Mobile Home Park Mastery podcast we’re going to discuss why mobile home parks are doing so well, and why it has nothing to do with stock market speculation.

The 1 – 2 Punch of Park Performance Mar 29, 2020

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There’s an old saying that “good ranchers live poor and die rich”. But mobile home park owners get to live rich and die rich. Why the difference. In this episode of the Mobile Home Park Mastery podcast series, we’re going to discuss that second profit center of mobile home parks that few people talk about. As you’ll see, there’s actually two compelling reasons to get into mobile home parks, not just one.

Why Our Residents Are Always Free To Leave (Even If The Media Can’t Stand It) Mar 22, 2020

Show notes

Are mobile home park residents really like “Waffle House customers chained to their booths” or is there much more freedom than this quote (that was taken out of context) would imply? In this episode of the Mobile Home Park Mastery we’re reviewing just exactly what the real options all mobile home park residents have, and why the media – and certain politicians – refuse to accept this reality.

Opportunity Zone Trailer Park Concepts Mar 15, 2020

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Opportunity Zones are hot right now. But the way to make money with them may be a little different than what most Americans think. In this episode of Mobile Home Park Mastery we’re going to discuss the action steps to harnessing the power of the Opportunity Zone tax program based on the bigger picture than delaying or avoiding the tax man.

The Park Owner’s Pledge (And What It Doesn’t Include) Mar 08, 2020

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All good mobile home park owners have the same core of beliefs on what their role and duties are. But there’s a whole additional list that is not what they’re all about. In this episode of the Mobile Home Park Mastery podcast series, we’re going to review the division between the sacred pledge of the smart park owner vs. items that should never be assumed to be in that list of duties.

1955 Time Warp Mar 01, 2020

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In 1955 a business school professor named L.E. Michelon published the first text book on mobile home parks titled “How to Build and Operate a Mobile Home Park”. Sadly, this book could not be further from the truth in how the industry operates today. In this episode of Mobile Home Park Mastery we’re going to discuss what the main differences are between 1955 concepts of construction and management vs. the modern equivalent. Come see how times have changed (and for the better).

Myth Buster’s Trailer Park Edition Feb 23, 2020

Show notes

There’s a board game called “Trailer Park Wars” that is based on every American stereotype of mobile home parks and their residents. But are these assumptions true? In this episode of Mobile Home Park Mastery we’re going to review in-depth the typical U.S. beliefs around “trailer parks” and come to conclusions as to their accuracy, as well as the origins of some of these myths.

Letters From Our Residents And What They Mean Feb 16, 2020

Show notes

We get love letters from residents all the time – not only on Valentine’s Day. Why do people love their mobile home parks so much? In this episode of the Mobile Home Park Mastery podcast we’re going to read some of these letters and analyze the key drivers to customer satisfaction that we clearly deliver on every day. We’re also going to discuss other factors that make us the best housing option in America.

The Benefits Of Solitude Feb 09, 2020

Show notes

Film star Greta Garbo used to exclaim “I want to be alone” when approached by fans and even other actors. And this sentiment can also have beneficial aspects in certain functions of the mobile home park buyer and operator. As you’ll see, there is power in solitude: the power of making better decisions. While many decisions a park owner makes work best with a spirit of inclusion of all parties involved, there are certain moments when being an independent thinker pays big dividends.

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