Mobile Home Park Mastery

By Frank Rolfe

What's Mobile Home Park Mastery about?

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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Mobile Home Park Mastery episodes:

04.15.2024
Strategies To Get Contracts Signed
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...
04.08.2024
Broker Commissions And The Law of Unintended Consequences
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...
04.01.2024
Using The Power Of Charts And Graphs
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...
03.23.2024
The First Steps After Closing
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...
03.11.2024
The Rites of Spring
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...
03.04.2024
Should You Bill Back Trash?
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...
02.26.2024
Where Science Meets Superstition
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,...
02.20.2024
Strategies To Approach High Risk/High Reward Deals
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...
02.12.2024
Embezzlement Scams And How To Avoid Them
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...
02.06.2024
The Bi-polar Nature Of Vacancy
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...
02.05.2024
Can Old And New Homes Happily Coexist?
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...
01.29.2024
The $100 Trillion Deficit Disorder
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...
01.22.2024
Can Old And New Homes Happily Coexist?
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...
01.16.2024
How Far Can You Automate?
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?...
01.09.2024
Easy Money
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...
01.01.2024
Harnessing The Sixth Sense
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...
12.25.2023
The Impact Of The Pending Recession
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...
12.18.2023
The New Park Building Boom That Never Was
Just a few years ago the hot topic at mobile home park conventions was the coming boom in new park development. After all, the Biden administration was constantly blasting propaganda that they were going to be the saviors of affordable...
12.11.2023
Looking At Housing From A Different Perspective
Mobile homes and stick-built homes differ in one key attribute: land ownership. But is that good or bad for the customer? In this Mobile Home Park Mastery podcast, we’re going to drill down on the benefits and disadvantages for mobile...
12.04.2023
The Lessons Learned From Charlie Munger
Warren Buffett’s long-time business partner in Berkshire Hathaway passed away recently at the age of 99. His contributions to America were more than just about making money. In this Mobile Home Park Mastery podcast, we’re going to discuss the life...
11.28.2023
Churning, Burning And Learning
The average tenancy of mobile home residents is around 14 years. But sometimes it’s only a few months. Some of this cannot be controlled but there are other factors that are within a park owner’s power to correct. In this...
11.20.2023
The Impact of The End Of The “Knowledge Worker” Era
There is a seismic shift in America right now that will have wide-ranging ramifications for all industries including the mobile home park sector, and that’s the elimination of the “knowledge worker”. In this Mobile Home Park Mastery podcast we’re going...
11.13.2023
The Lost Art Of Imputing Risk
Sam Zell has only been gone for a short while yet it appears that many buyers and sellers have already lost track of the art of imputing risk – the necessary element of factoring risk into buying and selling decisions....
11.06.2023
A Positive Approach To A Pending Recession
Since 1776, America has gone into an economic cycle of boom and bust, with recession a natural part of that process. And over the decades many smart investors have learned to actually embrace those economic disasters as a positive part...
10.30.2023
The Truth About Self-Managing Your Park
Particularly on smaller parks or parks near your home, it’s always tempting to “self-manage”. But is that a good idea? In this Mobile Home Park Mastery podcast, we’re going to explore the truth about self-managing a mobile home park and...
10.24.2023
The Top Five Ways To Boost Your Home Sales Right Now
One good thing about the mobile home park business is that there is always plenty of demand. But to complete home sales, you have to take control of that demand and convert it into deals done. In this Mobile Home...
10.18.2023
When Did Parks Become More Valuable Than Office Towers And Regional Malls?
Who would have ever believed that single mobile home parks would one day be worth more than giant office towers in downtown and massive regional malls? How did this ever happen? In this Mobile Home Park Mastery podcast we're going...
10.10.2023
When Decks Become Rooms
Mobile homes begat decks and decks begat rooms. These frequent additions can create complications – but is there any issue for park owners? In this Mobile Home Park Mastery podcast we’re going to explore the issue of those “bonus rooms”...
10.02.2023
Is Gold a Better Investment?
You see endless commercials on cable promoting gold as the ultimate hedge to the looming recession. But is it? And how does it compare to mobile home parks? In this Mobile Home Park Mastery podcast we’re going to evaluate the...
09.25.2023
The Critical Item That Freakonomics Left Out
I recently appeared on the Freakonomics podcast on the topic of mobile home parks. But there was one critical item that was edited out of that discussion when it finally hit the air. In this Mobile Home Park Mastery podcast...
09.11.2023
Buffett, Cigar Butts And Trailer Park Investing
Warren Buffett is America’s greatest stock investor, but his philosophy changed over time from “cigar butt” to value investing – and that transition is when his profits soared. In this Mobile Home Park Mastery podcast we’re going to overlay Buffett’s...
09.04.2023
Why Park Owners Don’t Care About Home Manufacturing Data
Mobile home manufacturing has cycled between about 60,000 and 400,000 units a year and one group that could care less are mobile home park owners. Why is there such a disconnect between how many mobile homes are built each year...
08.28.2023
Permission Vs. Forgiveness
When doing due diligence on a mobile home park there are some things that you can’t leave to chance and others that you can tactically let slide. So when do you need permission and when do you ask forgiveness? That’s...
08.21.2023
The Mechanics Of A Successful Rent Raise
Raising lot rents to market levels is a continual challenge as most mobile home parks currently sit at a fraction of where rents should be. Park owners spend hours ruminating over the how much to raise rents, not because they...
08.15.2023
Take The Cash
Mobile home parks are mostly a cashless business today, with virtually all residents paying by checks, money-orders or automated clearinghouse (ACH). However, before you put away your change drawer, there are still some instances in which accepting cash is vital....
08.07.2023
Paving The Way To Ruin
There are few vendors as tough to handle as paving contractors. They have some basic methods to take advantage of park owners that you won’t learn until after it’s too late. In this Mobile Home Park Mastery podcast, we will...
07.31.2023
All About Home Age Restrictions
Some cities have started restricting the age of homes that you can bring in to fill vacant lots. But can they legally do that? And what do you do if they decide to give it a try? In this Mobile...
07.24.2023
The Forces And Impact Behind Accelerating Park Redevelopment
Mobile home parks are, at their most basic, parking lots. And a growing number of these parking lots are being torn down to make way for new development. In this Mobile Home Park Mastery podcast we’re going to explore what’s...
07.17.2023
The Growing Trend of Organic Home Moves
Contrary to what woke media outlets may claim, mobile homes are very much mobile, and they are changing locales at a much faster rate these days. When a mobile home moves from one park to another it’s called an “organic”...
07.10.2023
Fact Or Fiction?
There are a huge number of myths about mobile home parks, as well as some items that appear fantasy but actually work in reality. In this Mobile Home Park Mastery podcast we’re going to explore some of these theories and...
07.03.2023
Our 300th Anniversary Special
That’s right, we have released Mobile Home Park Mastery’s 300th episode. That’s over 50 hours of recorded information on all aspects of the mobile home park industry and available right here. But how have things changed in this sector over...
06.26.2023
A Mantra To Keep You Out Of Trouble
There’s a recession coming to America soon – that’s the opinion of virtually every economist. So how can you prepare for the coming financial apocalypse? There’s a simple mantra that will keep you out of trouble in every recession/depression, and...
06.13.2023
The Great Subsidy Debate
The political issues that mobile home park owners face today boil down to a simple question: are mobile home park owners required to do the work of state and federal government? Apartment owners have received subsidies for residents who cannot...
06.13.2023
The Changing State of Employment
Between AI and an over-educated employment base, there is a significant shift in the future of careers that is definitely in favor of mobile home park owners. What are those trends and how will it impact our customers’ ability to...
05.30.2023
The Pros And Cons of Heavy Lift Turn-Arounds
One of the most profitable segments of the mobile home park business is the “heavy lift” turn-around. But it’s definitely not the right choice for every investor and comes with a slate of potential pitfalls. In this Mobile Home Park...
05.22.2023
Understanding Zoning Compliance
Since most cities hate mobile home parks, it’s imperative that you understand your rights under zoning. In this Mobile Home Park Mastery podcast we’re going to review the components of a certificate of zoning compliance as well as other issues...
05.16.2023
Amenity Nightmares
Across America, mobile home park owners are in a race to provide more amenities for residents to increase the perception of “value” for their rent. But not all amenities are created equal. In this Mobile Home Park Mastery podcast we’re...
05.08.2023
A Primer On Housing Laws
The simple “trailer” becomes a ball of complexity when you examine the laws governing remodeling and selling these units. In this Mobile Home Park Mastery podcast we’re going to review the basic rules on getting new and used mobile homes...
05.02.2023
Good Fear Vs. Bad Fear
Webster’s defines “fear” as “an unpleasant emotion caused by the belief that someone or something is dangerous and likely to cause pain, or a threat.” However, how you react to fear can be either hugely beneficial or a roadblock that...
04.17.2023
Following The Studebaker Motto
The Studebaker brothers built one of America’s largest and most successful carriage and automobile businesses using a simple motto: “always give more than you promise”. So how do we do that with mobile home parks? That’s the focus of this...

What's Mobile Home Park Mastery about?

Download our free app to listen on your phone

Mobile Home Park Mastery episodes:

Strategies To Get Contracts Signed

Broker Commissions And The Law of Unintended Consequences

Using The Power Of Charts And Graphs

The First Steps After Closing

The Rites of Spring

Should You Bill Back Trash?

Where Science Meets Superstition

Strategies To Approach High Risk/High Reward Deals

Embezzlement Scams And How To Avoid Them

The Bi-polar Nature Of Vacancy

Can Old And New Homes Happily Coexist?

The $100 Trillion Deficit Disorder

Can Old And New Homes Happily Coexist?

How Far Can You Automate?

Easy Money

Harnessing The Sixth Sense

The Impact Of The Pending Recession

The New Park Building Boom That Never Was

Looking At Housing From A Different Perspective

The Lessons Learned From Charlie Munger

Churning, Burning And Learning

The Impact of The End Of The “Knowledge Worker” Era

The Lost Art Of Imputing Risk

A Positive Approach To A Pending Recession

The Truth About Self-Managing Your Park

The Top Five Ways To Boost Your Home Sales Right Now

When Did Parks Become More Valuable Than Office Towers And Regional Malls?

When Decks Become Rooms

Is Gold a Better Investment?

The Critical Item That Freakonomics Left Out

Buffett, Cigar Butts And Trailer Park Investing

Why Park Owners Don’t Care About Home Manufacturing Data

Permission Vs. Forgiveness

The Mechanics Of A Successful Rent Raise

Take The Cash

Paving The Way To Ruin

All About Home Age Restrictions

The Forces And Impact Behind Accelerating Park Redevelopment

The Growing Trend of Organic Home Moves

Fact Or Fiction?

Our 300th Anniversary Special

A Mantra To Keep You Out Of Trouble

The Great Subsidy Debate

The Changing State of Employment

The Pros And Cons of Heavy Lift Turn-Arounds

Understanding Zoning Compliance

Amenity Nightmares

A Primer On Housing Laws

Good Fear Vs. Bad Fear

Following The Studebaker Motto