Mobile Home Park Mastery

Discussions abound regarding the rumored $10 billion sale of YES communities to Brookfield, a Canadian REIT. While we don’t really know all the facts at this point, there are some certainties that this deal represents, and we’re going to explore what those items are in depth.

There’s a new type of deal construction out there called the “stack”. In this Mobile Home Park Mastery podcast we’re going to explore this type of structure and identify its strengths and weaknesses. With “creative dealmaking” the key to buying some communities, this might be an option for your next acquisition.

With every mobile home park acquisition comes a survey. And with those surveys there are often issues to address. In this Mobile Home Park Mastery podcast we’re going to review the most common survey problems and what the typical methods are to fix them.

Mobile home parks have the lowest default rate of any real estate sector, but when they do fail it always seems to be due to the same factors. In this Mobile Home Park Mastery podcast we’re going to explore the reasons why parks are sometimes unsuccessful and how to mitigate those risks.

Do you have good luck or bad luck? Regardless of your answer, you’re probably wrong. In this Mobile Home Park Mastery podcast we’re going to review how buyers put way too much emphasis on “luck” without truly understanding its role in making money with mobile home parks.

There are many styles of turn-arounds, but one of the riskiest and most complex is buying a property that has extremely low occupancy. In this Mobile Home Park Mastery podcast we’re going to review the key elements to the successful purchase and turn-around of mobile home parks with high levels of vacancy.

If you’re buying a mobile home to fill a vacant lot – new or used – there are a few things you have to double-check because if you make the wrong decision the damage can be in the tens of thousands of dollars. In this Mobile Home Park Mastery podcast we’re going to review those items and explore how to get them right.

Most mobile home park owners are good-natured people who like to be helpful. But most park manager requests for “favors” need to be avoided at all costs. In this Mobile Home Park Mastery podcast we’re going to review the typical manager requests, why they rarely work out well, and how to fend them off.

The Trump administration is proposing to take Fannie Mae/Freddie Mac public, as well as to merge them into one entity in the process. In this Mobile Home Park Mastery podcast we’re going to review why this would be a good thing for commercial real estate in general, and the mobile home park industry in particular.

If you are looking to fill vacant lots in your mobile home park with used homes, one option that is rarely mentioned is “tax sales” stemming from unpaid property tax. In this Mobile Home Park Mastery podcast we’re going to explore how this process works in the real world and things to watch out for.