Time is running out to sign up for the Mobile Home Park Investor’s Boot Camp that’s coming up in Dallas a week from Friday. This is the best, most thorough thing we do, and you will be amazed at how much you will learn over three days of total immersion. Read more »
Tags: mobile home investment, mobile home park advertising, mobile home park and US Recession, mobile home park business, mobile home park business operations, mobile home park collections, mobile home park evaluation, mobile home park industry, mobile home park investing, mobile home park rules, mobile home park sales, mobile home park selling, mobile home park tenants, mobile home park utilities
mobile home park, mobile home park business operations, mobile home park investing, mobile home park news, mobile home park selling | Frank Rolfe | 
July 9, 2010 11:33 am | 
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Frank Rolfe and Dave Reynolds, the #1 authorities on mobile home park investing, with over $100 million of parks under their belts, have launched a new initiative called the “Mobile Homer”. Read more »
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 »
By Frank Rolfe
When I got in the mobile home park business, many of the sellers I bought from called the mobile homes “coaches” and “trailers”. Roger Miller even wrote a hit song with the lyrics “trailers for sale or rent”. But manufacturers and dealers thought the business needed an upgrade, so they changed the name to “mobile home”. Of course, the name was misleading, because mobile homes are far from mobile. Some can’t survive any movement at all, and moving one can cost $3,000 or more. And I guess they stuck the word “home” on there to make it sound reassuing or folksy (as opposed to saying “mobile unit”), or to give you greater direction on what you were supposed to do with the thing. But I embraced the new moniker, and so did everybody else. Read more »
By: Dave Reynolds, MobileHomeParkStore.com
When I am looking to market my mobile home park whether it be to potential residents to bring their homes in or to sell homes in the park, I believe that the first contact with the potential customer is key. This first contact may be via a telephone call to your office, a drive-by by the potential resident, or in many cases could be a referral from a current resident or some other local business (chamber of commerce, dealer, broker, etc).
Let’s face it, if you or your manager is rude when they call in, they probably will call the next park. If they drive in and the roads are in bad shape, the sign is falling down, Read more »
When you buy a mobile home park, and if you currently own a mobile home park, it’s a pretty safe bet that you need to change the name. Because most mobile home parks have terrible names that, sadly, could be used as a marketing tool if only they were different. Just like Johnny Cash’s “A Boy Named Sue”, many mobile home parks have names which are extremely inappropriate and downright embarrassing for their residents to live under. And a wonderful marketing opportunity is missed every day that they are not changed.
The Problem
Most mobile home parks were built in the 1970s or earlier, at a time when mobile home park residents dreamed of having their own private jukebox and pink flamingos in the yard. Read more »
