Posts tagged: mobile home investment

Mobilehomeparkstore.com Announces Mobile Home Park Investing Boot Camp in Dallas April 30th – May 2nd

What do you get when you cross two industry experts who have owned and operated over $100,000,000 of mobile home parks with two guys who really enjoy teaching? The result is the Mobile Home Park Investing Boot Camp, taught by industry veterans Frank Rolfe and Dave Reynolds. By popular demand they are holding the event in Dallas, Texas on April 30th to May 2nd. Read more »

The new SAFE Act: Are You Compliant?

The SAFE act is new federal law designed to assist with the recovery of America’s residential housing market.  It is intended to modernize the Federal Housing Administration, reduce foreclosures, enhance consumer protections, and reduce mortgage fraud by establishing minimum standards for the licensing and registration of state-licensed mortgage loan originators.  Read more »

MISCONCEPTIONS OF MOBILE HOME PARK FINANCING

The greatest misconception about financing Mobile Home Parks is that the lender who finances the park will also finance the homes. The fact is that nothing could further from the truth since the value of the homes are of no value to the lending institutions. The reason is that the homes depreciate in value, people tend to trash them when they leave, and even if the tongues are cut off, they can always be welded back on and the home Read more »

The MobileHomePark Investors’ Boot Camp Is Coming To Dallas!!!!!!

By popular request of our friends from Texas, Oklahoma, Louisiana, Arkansas and surrounding areas, we are taking the Boot Camp on the road to Dallas on April 30th to May 2nd.

If you have been waiting until the Boot Camp got closer to home to save on travel cost, here’s your opportunity. Read more »

Mobile Home Park Owner Fined For Sewage Violations

The Department of Environmental Protection has fined a Harrisburg, Pennsylvania mobile home park owner $123,570 for allowing sewage from his treatment plant to discharge into a nearby stream.

Frank Perano, the owner of Dauphin County Mobile Home Park, has allowed repeated cases of discharge from his over-loaded treatment plant. Read more »

A GREAT SIGN FOR YOUR MOBILE HOME PARK IS AN INVESTMENT, NOT A COST

Most mobile home parks I have bought come with a standard sign design – a 4′ x8′ sheet of plywood with a faded poorly written name on it and no phone number. This must be a popular design because I see it everywhere. There is also the design of metal or wood letters on a brick or masonry wall with some of the letters missing. My favorite was on where some kid had yanked off the letters and then spray painted some replacements so that the sign said proudly “F___ Y__ Estates”. What was equally funny what that the owner cared so little about the sign that he did nothing about it — I drove by several years later it was still that way. Read more »