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 »
Tags: mobile home investment, 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 opportunity, mobile home park tenants, mobile home parks marketing
Uncategorized | Frank Rolfe | 
March 5, 2010 3:43 pm | 
Comments (0)
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 »
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)
excerpt from Mobile Home Park Investing, by Dave Reynolds
I want to know how many lots there are, how many are occupied and paying, what the lot rent is, what expenses the owner is paying, and who is responsible for the water lines, sewer lines, and roads.
A good rule of thumb that I use to start with is that I take the number of occupied spaces and multiply this by the average monthly space rent and multiply this by 70. Read more »
