USA Today released an article titled “Meet the New Mobile Home” which, although positive in nature, is certain to confuse most readers as to the true economics of the product. What’s missing from this article is the simple differentiation between mobile homes and land. In this Mobile Home Park Mastery podcast we’re going to discuss why it’s really all about the land, and that’s what makes mobile home park owners and mobile home manufacturers so completely different in their goals, profits, and future outlook.

Clarification Needed

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!

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Shopping

Many people track how many mobile homes are sold in the U.S. and are only focused on the total number that are shipped each month. But the more important information for park owners is found in where those homes go. In this Mobile Home Park Mastery podcast we’re going to derive some meaningful conclusions from the 2023 manufacturing data.

Analyzing Shipment Data

When the seller carries the financing they typically don’t require a formal appraisal. Despite the absence of a formal loan committee there’s still the need for a Phase I Environmental Report and a survey. But do you need to have an appraisal done? In this Mobile Home Park Mastery podcast we’re going to explore the uses of an appraisal, the cost vs. benefit, and some alternatives to help you gain confidence in the price you are paying.

Do You Need An Appraisal On A Seller-financed Deal?

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.

Fighting Back Against A “Rigged” System

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.

After-Sale Repairs

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.

Clarification Needed

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