Mobile Home Park Mastery

A “lever” is defined as “a rigid bar used to move a heavy load when pressure is applied to one end”. But in the mobile home park business, sometimes the strongest “lever” is made of paper and roughly 6” long. In this Mobile Home Park Mastery podcast we’re going to explore the different ways in which a little cash can get the desired results if you know where to apply the “lever”.

It’s that time of year when mobile home park owner attention turns to property condition, which always includes thoughts on the roads. Paving companies are more than happy to suggest hugely expensive road upgrades. But how can you improve your roads with as little capital as possible? In this Mobile Home Park Mastery podcast we’re going to explore various options to get better roads at a low cost.

Virtually every state has, at some point, debated, denied or passed legislation regarding giving the tenants the "first option" to buy the property. They do this using faulty assumptions and absolutely zero understanding of how the "tenant-owned" process works. In this Mobile Home Park Mastery podcast we’re going to explore the truth behind this issue and reveal what the government is apparently fully unaware of.

When it comes to compelling locations to own a mobile home park in, college towns are at the top of the pack. But what makes college towns such successful settings for manufactured home communities? In this Mobile Home Park Mastery podcast we’re going to explore why having a college or university in a market gives it superior firepower when it comes to housing.

Millions of investors are obsessed with the direction of interest rates. While that’s a noble pursuit, there’s a huge opportunity created by this distraction as far as mobile home parks are concerned. In this Mobile Home Park Mastery podcast we’re going to discuss why the late Sam Zell quote of “when everyone’s looking left, look right” applies to much of what’s going on right now.

While most mobile home park owners prefer the “parking lot” model in which all of the homes are strictly owned by the residents, in some cases even well-managed properties may engage in rentals for various reasons. And if you’re going to rent mobile homes, it’s essential that you have a system of rental inspections. In this Mobile Home Park Mastery podcast we’re going to explore the necessity of inspections and how to perform them properly.

It’s not uncommon to have lots of different sizes, but sometimes park owners have to make hard choices on how best to use their smallest parcels. In this Mobile Home Park Mastery podcast we’re going to discuss the different options for small lots and come to some mathematical conclusions on their most profitable uses.

In forging successful mobile home park deals, one of your most important tools is simply “thinking outside the box”. In this Mobile Home Park Mastery podcast we’re going to review some of the most successful creative tactics to make deals work for both buyer and seller. As we’ll discuss, today’s winning buyer is a mixture of one part scientist and one part sculptor.

The late John Naisbitt coined the term “megatrend” to describe “long-term and transformative forces” that he saw in the U.S. economy. But all megatrends start small and grow over time, like the Mighty Oak. In this Mobile Home Park Mastery podcast we’re going to explore the new “megatrends” that impact the mobile home park sector with predictions on their direction over time.

When you buy a mobile home park, one of the first decisions you have to make is whether to keep the existing manager or to replace them. Legacy managers often come with a book of knowledge but their potentially bad traits may make them toxic to your park’s performance. In this Mobile Home Park Mastery podcast we’re going to review the science behind making that choice correctly.