Mobile Home Park Mastery

Mobile Home Park Mastery

By Frank RolfeBusinessInvesting
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Mobile Home Park Mastery episodes

  • The Dirty Job Of Park-Owned Homes

    “Metal Shoeboxes” is how some people describe mobile homes. And renovating and selling them is one of the “dirtiest jobs” that most mobile home park owners dread. But it’s really not that bad – if you know what to do. In this third segment in our six-part series on Dirty Jobs we’re going to examine the steps to successfully tackling this undesirable task. If you can handle the shoeboxes in your closet, you can handle this larger variety, as well.

    16 min
  • Dirty Jobs Episode Two: Rules Violations

    How do you make mobile home park residents follow the rules? In this second of our six-part series on “Dirty Jobs” we’re going to discuss in detail how owners are able to maintain order in mobile home parks and provide a good quality of life for the residents. If you thought that mobile home parks are bastions of impossible behavior, you’ve watched too much television. Learn the facts in this podcast.

    16 min
  • Dirty Jobs Episode One: Collections
    In most mobile home parks, collecting money is the number one priority. But some people consider that unpleasant – even though it really isn’t. In this episode of Mobile Home Park Mastery, we’re going to start a six-part series called “Dirty Jobs” in which we examine in detail the things that owners do that scare most people. If you want to know the insider secrets of how collections work in a mobile home park, this podcast is for you.
    15 min
  • The Jekyll & Hyde Nature Of Economics In Deal Evaluation
    Nothing can make a mobile home park deal look more or less attractive than the numbers. Indeed, the economics have a Jekyll & Hyde ability to make any mobile home park investment change from a winner to a loser and back again at a lightning speed. In the third of a three-part series, we’re going to discuss how the slightest alteration of number assumptions can have a huge impact on a deal’s attractiveness. See how you have to be extremely focused on the numbers to know when a deal has passed from good to bad, or vice versa. These are economic patterns that need to be learned by any good park buyer.
    16 min
  • The Jekyll & Hyde Personality of Utilities
    Every mobile home park must have water, sewer, electricity – and sometimes – gas. But the way these utilities are provided can have a huge impact on whether you would want to buy that deal or not. In this week’s Mobile Home Park Mastery Podcast we’re going to examine the ability of utilities to give any deal a Jekyll & Hyde demeanor, with the ability to turn that attractive investment possibility into a potential nightmare. If you want to know what some of the key deal killers are for mobile home parks, then this podcast will clearly identify them.
    15 min
  • Jekyll & Hyde – The Impact Of Slight Changes In Deal Variables
    We all know the story of Dr. Jekyll & Mr. Hyde, where a drug could cause a gentleman to morph into a monster and back again. Mobile home park variables can cause a similar effect. In this first of a three-part series on the Impact of Slight Changes in Deal Variables, we’re going to discuss the impact of park-owned homes on mobile home park desirability, and identify which attributes make a deal attractive instead of a disaster. You’ll be amazed at how just the slightest tweak can turn a deal from attractive to devastating and back again.
    16 min
  • Mobile Home Park Noblesse Oblige
    Noblesse oblige is a French term that translates to “those who have substantial resources have a responsibility to help those that have less”. So how can mobile home park owners put this very moral theory into practice? In this third and final installment in our three-part series titled “Mobile Home Park Morality” we’re going to discuss taking the right path to helping to protect and support residents. The mobile home park industry is a win/win business, in which it is truly possible for everyone to succeed.
    16 min
  • Putting An End To Waste
    There’s a huge amount of waste that goes on in some mobile home parks. The moral thing for park owners to do is to end this destruction of precious resources. In this second of our three-part series titled “Mobile Home Park Morality” we’re going to review the various types of waste that go on in many mobile home parks and what the moral owner can do to end these practices. Remember that waste can be both in the physical form – such as water – as well as in missed opportunities. We’re going to cover them all.
    16 min
  • Resident Tough Love
    Sometimes residents don’t appreciate what the landlord is doing for them. There’s a thing called “tough love” and it happens in mobile home parks every day. In this first part of a three-part series on Mobile Home Park Morality, we’re going to discuss the many things that park owners do that benefit the resident – and that nobody appreciates. Park owners are constantly helping their customers to live successful lives, yet those initiatives are frequently misunderstood.
    15 min
  • The Power Of The Brain
    We’ve saved the most important for the last. In our final episode of our five-part series on “The Top Five Tools of Mobile Home Park Owners” we’re going to discuss the power of the human mind to make you a successful investor and operator in this asset class. If you think that Sudoku is the only way to keep your brain active and sharp, then try mobile home parks – it can be much more challenging and a whole lot more rewarding.
    15 min

About Mobile Home Park Mastery

From the publisher's feed

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…

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