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Mobile Home Park Mastery

Business & Economics Podcasts

Welcome to the Mobile Home Park Mastery Podcast where you will learn how to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate mobile home parks! Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. Together, they also own and operate Mobile Home University, the leading educational website for both new and experienced mobile home park investors!

Location:

United States

Description:

Welcome to the Mobile Home Park Mastery Podcast where you will learn how to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate mobile home parks! Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. Together, they also own and operate Mobile Home University, the leading educational website for both new and experienced mobile home park investors!

Language:

English

Contact:

8558792738


Episodes
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Fighting Back Against A “Rigged” System

5/13/2024
It comes as no surprise that America has become enormously corrupt in so many ways. Simply watching the news gives you a full knowledge of how “rigged” our systems have become. In this Mobile Home Park Mastery podcast we’re going to explore what the corrupt systems are that mobile home park owners have to contend with and how to properly fight back or work around them.

Duration:00:13:14

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After-Sale Repairs

4/29/2024
Even if you sell a mobile home in “as is” condition and make no warranties, there is always the risk that the phone will ring with the homebuyer asking for a needed repair. In this Mobile Home Park Mastery podcast we’re going to review the obligations of the park owner from both a theoretical and practical perspective.

Duration:00:10:00

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The Problem With Over-Qualified Managers

4/22/2024
Very few Harvard MBAs apply for jobs as mobile home park managers – and that’s probably a good thing. In this Mobile Home Park Mastery podcast we’re going to explore the problems with over-qualified managers and why they rarely work out despite having glamorous resumes.

Duration:00:10:47

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Strategies To Get Contracts Signed

4/15/2024
You cannot have a deal until both parties of signed. So how can you push the seller to sign on the dotted line after spending so much time on discussion? In this Mobile Home Park Mastery podcast we’re going to explore the different way to motivate sellers to execute the sales contract.

Duration:00:11:22

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Broker Commissions And The Law of Unintended Consequences

4/1/2024
The National Association of Realtors settled a class action lawsuit recently (following a $1.8 billion jury award in Missouri) and now the real estate commission of 6% that is baked into a standard single-family home transaction is changing to where the buyer no longer has to pay a commission. Good news for the consumer, right? Wrong. This perversion of justice is about to have massive consequences for all the celebrating folks that think this will lower the cost of home ownership. And it will also have extremely positive results for mobile home parks.

Duration:00:10:13

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Using The Power Of Charts And Graphs

3/25/2024
Numbers are words are great, but there’s something about charts and graphs that takes your management to the next level. In this Mobile Home Park Mastery podcast we’re going to explore the many ways that you can use visual elements in buying and operating mobile home parks for maximum productivity.

Duration:00:09:54

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The First Steps After Closing

3/23/2024
When you’re buying a mobile home park it’s essential to start off on the right foot. In this Mobile Home Park Mastery podcast we’re going to review the vital first step strategies and explore what makes them so important. Since you never get second chance to make a first impression it’s important that you understand what you need to do when buying the property.

Duration:00:10:12

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The Rites of Spring

3/11/2024
Spring is an important season for mobile home park owners for many reasons. In this Mobile Home Park Mastery podcast we’re going to review how smart park owners position themselves to harness the warming temperatures and more hours of daylight to create a better resident living environment as well as to improve your park’s net income.

Duration:00:10:38

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Should You Bill Back Trash?

3/4/2024
When park owners talk about billing back utilities to residents it’s mostly about water and sewer. But rarely do most operators consider billing back trash. In this Mobile Home Park Mastery podcast we’re going to review the pros and cons of billing back the trash service and how to better make a decision on that option.

Duration:00:10:19

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Where Science Meets Superstition

2/26/2024
Some of the theories behind the correct way to buy and operate mobile home parks comes from careful testing and study. But still others are passed down from earlier generations of park owners who simply believe them to be so, even in the absence of any scientific reasoning or data. In this Mobile Home Park Mastery podcast we’re going to explore some of these superstitions that often prove to be accurate despite their lack of statistical reinforcement.

Duration:00:10:56

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Strategies To Approach High Risk/High Reward Deals

2/19/2024
Sam Zell always used the axiom that you should always buy deals with low risk/high reward, never buy deals with high risk/low reward and the ones that require thinking are those with high risk/high reward. So how do you approach those type of deals? That’s the focus of this Mobile Home Park Mastery podcast.

Duration:00:11:28

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Embezzlement Scams And How To Avoid Them

2/12/2024
For the park manager that wants to cheat you, stealing cash is old school. There are a number of bigger scams that involve an enhanced level of sophistication in today’s world. In this Mobile Home Park Mastery podcast we’re going to explore the latest embezzlement strategies that some managers deploy as well as how best to avoid them.

Duration:00:11:44

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The Bi-polar Nature Of Vacancy

2/5/2024
Mobile home park vacancy can either be an asset or a liability – and this bi-polar nature is typically separated by a very fine line. In this Mobile Home Park Mastery podcast we’re going to examine how something that could equate to greater net income in the future may also be viewed as a terrible liability in the near-term.

Duration:00:09:37

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Can Old And New Homes Happily Coexist?

2/5/2024
In most mobile home parks you can find homes from nearly every decade from the 1970s to current. But can old and new homes happily coexist side-by-side? It’s a fair question – particularly when you’re bringing in newer homes to fill vacant lots in a predominantly older park. In this Mobile Home Park Mastery Podcast we’re going to focus on this issue and what we’ve learned over the past 30 years.

Duration:00:09:51

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The $100 Trillion Deficit Disorder

1/29/2024
If you think the current $35 trillion U.S. deficit is a problem, just wait until 2050 when it hits $100 trillion. In this Mobile Home Park Mastery podcast we discuss past, present and future of the deficit and exactly what the ramifications might be for mobile home parks when the government finally ceases to make payments on its crushing debt load.

Duration:00:11:17

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Can Old And New Homes Happily Coexist?

1/22/2024
In most mobile home parks you can find homes from nearly every decade from the 1970s to current. But can old and new homes happily coexist side-by-side? It’s a fair question – particularly when you’re bringing in newer homes to fill vacant lots in a predominantly older park. In this Mobile Home Park Mastery Podcast we’re going to focus on this issue and what we’ve learned over the past 30 years.

Duration:00:09:50

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How Far Can You Automate?

1/16/2024
AI has everyone thinking about a future in which payroll can be replaced with computers and robots. Certainly, technology has made some useful improvements in how mobile home parks are managed, but is the age of the manager-free property approaching? In this Mobile Home Park Mastery podcast we’re going to review just how far you can automate a “trailer park”.

Duration:00:11:05

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Easy Money

1/9/2024
What if I told you there was a simple way to save thousands of dollars in the New Year – and it’s 100% free and has no downside? In this Mobile Home Park Mastery podcast we’re going to review the lost art of negotiating and renegotiating vendors.

Duration:00:10:18

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Harnessing The Sixth Sense

1/1/2024
We all know that the five senses fo the human body are toucc, sight, hearing, taste and smell. But there is a sixth sense: sense of urgency. In this Mobile Home Park Mastery podcast we’re going to review how to harness this sixth sense to be better mobile home park buyers and operators.

Duration:00:10:00

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The Impact Of The Pending Recession

12/25/2023
The odds are that 2024 will be remembered as the first recession in seventeen years and the impact will be far-ranging for American households. But what will the impact be on the mobile home park sector? In this Mobile Home Park Mastery podcast we’re going to break down the granular impact of the pending recession and unlock the key reasons why mobile home park owners are actually rooting for the same event that most investors dread.

Duration:00:10:33