There are probably few pieces of legislation in history that are more flawed and harder to understand than the Safe Act. And what was designed to safeguard average Americans from the abuse of the mortgage industry has actually turned into a costly, inefficient mess that will no doubt result in nothing more than removing a vast amount of available credit from the market at the worst possible time. Read more »
Houston police responded to three separate 911 calls at Green Acres Mobile Home Park before they could find the home in question. The first call came in at 5:30 pm, describing a shooting but not giving the lot number in the park. Police responded, but with no lot number, they could not find the house. Read more »
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 »
Two lots have come on the market in the Montauk Mobile Home Park in Montauk, Long Island. The 199 lot complex became a condominium park in 1976, when 152 existing residents banded together to buy the park out of bankruptcy. What makes the park unique is the 900 feet of beach frontage on the Atlantic Ocean. And not just any beach, but what is considered some of the finest surfing in the U.S. Read more »
Residents have started to return to Silver Village Park, in Silver Creek, New York, after a devastating flood washed away the entire 35 lot mobile home park.
“It’s a miracle that everyone got out” said resident Barb Amrozowicz. “The girl next door to me said “you’ve got to get out”. When I stepped down off my bottom step, it was over my knees.” Read more »
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 »
I just wanted to let everyone know about the skirting program I have found. I have been able to save about $150 per home on skirting when I purchase enough for 3-4 homes. Also, on qualifying orders free shipping is available. If you would like to get more information Click Here and simply fill out the form.
Tags: manufactured homes life, mobile home park business, mobile home park business operations, mobile home park landscaping, mobile home park rules, mobile home park tenants, mobile home parks rules, mobile home skirt, mobile home value increase, moving your mobile home
Uncategorized | Dave Reynolds | 
February 19, 2010 12:33 pm | 
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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 »
Just about anybody who watches late night TV, or receives email, or reads, knows that there are hundreds of people promoting concepts to make money in single family homes. “Buy foreclosures”, “profit from short sales”, “wholesale houses” – there are at least 1,000 different concepts. Unfortunately, the only people who actually make money in many of these ideas are the promoters. There are so many people chasing after single-family homes to invest in that the market is beyond saturated, and any profitability has been extinguished. Read more »
Tags: mobile home park and US Recession, mobile home park business, mobile home park business operations, mobile home park evaluation, mobile home park industry, mobile home park investing, Mobile Home Park Loans, mobile home park opportunity, mobile home park tenants, mobile home vs. rv park
Uncategorized | Frank Rolfe | February 11, 2010 5:48 pm | Comments (3)
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 »
Tags: mobile home investment, mobile home park and US Recession, mobile home park business, mobile home park investing, Mobile Home Park Loans, mobile home park opportunity, mobile home parks marketing, mobile home parks rules, seller finance trap mobile home park
mobile home advertising, mobile home park, mobile home park business operations, mobile home park investing, mobile home park news, mobile home park ratings, mobile home park selling | Dave Reynolds | 5:44 pm | Comments (0)
