MHVillage may combine information about you that it has gathered with information that it may obtain from business partners or other sources. I feel competent to move forward from your boot camp and we can't thank you enough for all the time and information you shared with us. The park had a mortgage of over 500k on it and the owner hadn't made a payment in many months. Hi guys - just wanted to let you know that i am an official member of the mobile home park owner's club!!!!!!!! (509) 553-1947. Granite Countertops There are also five parks within 9.3 miles, including Dishman Hills Natural Area, Riverfront Park, and Manito Park. In this Mobile Home Park Mastery podcast were going to review the good and bad aspects of this deal construction and discuss methods to mitigate the risk. Barron's Mobile Home Park is conveniently located two miles from the Auburn University campus, one mile from the Auburn College of Veterinary Medicine, and is on the route of the AU Tiger Transit. Kitchen University Mobile Home Park Lancaster Rd Richmond, KY 40475. HowLoud. We offer 2 and 3 bedroom units with washer/dryer in each unit. So how can you guard against acquisitions that are the opposite of portfolio-builders? I look forward to attending your next conference/convention in addition to your weekly calls. We also felt like we had the knowledge to operate the park after closing with the forms, leases, rules, etc. With over 20% of American households now making $20,000 per year or less, and another 10,000 baby boomers per day retiring into social security incomes that average only $14,400 per year, the demand for affordable housing is giant and growing daily. I really enjoyed the MHP boot camp this past weekend. The class included the perfect park buying tool box coupled with people management concepts- doesnt get any better than that! Again, thank you so much. University Mobile Home Park 9518 E 4th Avenue Spokane Valley, WA 99206 All Ages Community +1 Click to View Photos 5 people like this park. This really is gonna be a good year, I really am getting a good feel of the industry and have clear picture where I want to go in it. Per the California Consumer Privacy Act, California residents (subject to reasonable verification of their identity) have the right to request a copy of the personal information MHVillage has stored about them, to request that MHVillage not sell their personal information to third parties, and to have MHVillage delete the information it has gathered about them (subject to the restrictions set forth in Section 1798.105 of the California Civil Code). The park consists of two smaller parks for a total of 35 spaces and 33 park-owned homes that I plan to sell to tenants immediately. They started with just one park and just kept buying more. If you have a disability that is preventing you from experiencing this That was great not to have to find our meals individually. This policy covers how MHVillage, Inc. (hereafter MHVillage) treats personal information that MHVillage collects and receives, including information related to your past use of MHVillage products and services. How to Find Deals and Negotiate Price and Terms. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. After a half a century of combined years in the real estate business, MHU.com is the only place that will give you the good, bad and the ugly details on Mobile Home Park Investing. Less than $450 So my boot camp price and all my books paid off on the first day. BUT I remembered a few things I learned from the boot camp. They arm you with the knowledge you need to go in confident that you will succeed. And of course the mailing lists is PRICELESS! But not just any park will succeed. Elevator In this Mobile Home Park Mastery podcast, were going o discuss the ramifications of these higher rates and project the impact if they never go down again. Thanks again, I realize how demanding a schedule like that is and appreciate your willingness to share. (800) 525-7452. University Mobile Home Park 520 Pine Avenue Goleta, CA 93117 Age-Restricted (55+) Community 2 people like this park. Information deemed reliable but not guaranteed. I bought his management course(extra course, but very inexpensive) and realize that the current owners were not managing right. and All Rights Reserved. The leasing team is available to assist you in finding the perfect fit. Complete with a two car garage gated from the alley, two laundry rooms, one up and one down. To your success. home could or should be salvaged and tricks weve learned about doing it the correct way. Based on information submitted to the MLS GRID. Time and distance from University Mobile Home Park. We learnt a lot. MHVillage may set and access MHVillage cookies on your computer. However, mobile home park manager sharing has its own unique issues to consider. Kitchen Frank reviewed those too. You may also provide information about your home if you list it for sale or request a valuation. Thanks for letting me come to the boot camp again. Your guide is Frank Rolfe, who is the 5th largest owner of mobile home parks in the U.S. University Mobile Home Park is located in Dishman Hills in the city of Spokane Valley. I just wanted to take a moment to express my gratitude for all of the hard work you all did putting the boot camp together. I look forward to the chances that may come up in the future to explore opportunities. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. When a mobile home park sits lower than the citys main sewer line, the only way to get the propertys sewage pushed upstream is with a lift station. As we were killing ourselves daily we thought, this is something to look into. I find it fascinating how even though everyone is seemingly competitors there is such synergy to help everyone succeed. I was amazed at the availability of Frank and Dave to mentor to us, answer our questions, provide examples of situations, share their own experiences and mistakes, and provide direction for what to do once we had left the Boot Camp. You would think that would be good news for the 8% of Americans that live in mobile homes. Some of it is the normal condition that comes with taking risk and achieving success, but a huge portion is simply created by your own actions when better options are available. But what are the alternatives to sidestep traditional lending? What Are Walk Score, Transit Score, and Bike Score Ratings? We also provide, free of charge, a mobile home park investing forum, that you can contribute to and learn from, as well as a monthly mobile home park investing newsletter and even our free weekly Mobile Home Park Mastery podcast series. While theres some bike infrastructure in this area, youll still need a car for many errands. I really enjoyed the MHP boot camp this past weekend. You will receive all the knowledge and tools you need to buy your first mobile home park or improve an existing one. The almost 24/7 complete accessibility from minute one was wonderful. to receive alerts when results become available. Then we follow up with teleconference Q&A calls to cover any questions that may have been missed! Frank Rolfe has been an investor in mobile home parks for almost two decades, and has owned and operated hundreds of mobile home parks during that time. Once I am happy with them, I want look into buying more. Ill be in touch as soon as I refi this park and move on to the next. University Mobile Home Park. My brain is still reeling from the information overload. Thanks Frank and Dave for the return calls, emails and general NO! University Park MHC, LLC welcomes any questions or comments you may have. This information can be found all over Mobile Home University, from our free mobile home park investing articles to our free mobile home park investing book that is available to download. I have typed new rules - will work on new lease over weekend. Thank you Frank for guiding me by my side and bringing me to the Mobile Park Industry. Not through adding expensive security personnel, but instead by enacting common sense strategies and enhancements to the mobile home park that help to deter and report crime when it occurs. University Village Mobile Home Park 1907 Buena Vista Drive SE Albuquerque, NM 87106 All Ages Community +1 Click to View Photos 17 people like this park. The bank that owned the note agreed to finance the deal, but after months of back and forth, simply could not get the job done. Frank opened up with his humorous undertones about how the low income live and how many Mom & Pops operate parks. For over a decade from the moment that financial institutions popped up to finance new and used In Unit Washer & Dryer CustomerService@MHVillage.com. Clinton G. The boot camp was an outstanding investment. Yet many mobile home park buyers dont know what these are, how they work, and what the dangers are. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. Everything you need to know about how to locate, evaluate, negotiate, perform due diligence on, finance, turn-around and operate a mobile home park is available right on this site. When you seek the measure of an investments performance the only one that matters is the total return at the end, not simply a couple good years along the way. In & Out of Mobile Home Parks with $5 Million Profit. Grand Rapids, MI 49525 Dave Reynolds is a household name in the mobile home park business for many reasons. Making any exceptions for residents or employees spells disaster for systematically improving the overall business. Being a successful park buyer requires discipline. Thanks againyou guys are awesome!!! This contrarian hedge is why Warren Buffet is the largest owner of mobile home manufacturing and financing in the U.S. Its unique since virtually no new parks are allowed to be built and the fact that tenants cant afford the $5,000 it costs to move a mobile home keeps revenues stable and makes it easy to raise rents without losing any occupancy. Easy commutes and travels are the norm in Dishman Hills since the neighborhood is convenient to I-90, Downtown Spokane, and Spokane International Airport. The answer is in buying mobile home parks. Our information is based on 100% truth, with no sugar coating. We are so certain that this will be the best seminar and learning experience that you will ever have that we are making available an option to make 3 monthly payments instead of paying in full up front. I was completely fascinated by all the first hand experience and stories from people (both you and attendees) really "in the trenches out there" like Brian and I. 2804 SW J Ave Lawton OK 73505. Thats the focus of this episode of the Mobile Home Park Mastery podcast. All Rights Reserved. High-Speed Internet University Mobile Home Park, Spokane Valley, WA Real Estate and Homes for Sale. 25 years and 250 parks later they have learned just about everything that can go wrong in a mobile home park deal, and how to fix it. When you have two mobile home parks in the same basic market, you always wonder if you would be better off hiring one manager to supervise both or having two separate managers to do the job. The instructor will be Frank Rolfe, the 5th largest owner (with his partner Dave Reynolds) of mobile home parks in the U.S. with over 20,000 lots in 28 states. However, those lines may be blurring. University Mobile Home Park. And then I went to Frank & Daves mobile home park investing boot-camp. While most mobile home park owners take comfort in letting someone else do the honors, theres nothing wrong with being the market leader in lot rents. New landscape, new slathered stucco facade. ----- After more closely comparing the available options, your credentials and deep knowledge of the industry won us over. "The Mobile Home Park Investing 10/20 Method", Mobile Home Park Investing Home Study Course, The Mobile Home Park Investor's Boot Camp, The Top Five Ways To Find A Mobile Home Park To Buy. MHVillage uses this information for the following general purposes: to customize the advertising and content you see, to fulfill your requests for products and services, to improve its services, to contact you, to conduct research, and to provide anonymous reporting for internal and external clients. We have had many experienced investor's and property owners from all types of backgrounds including large park owners, apartment investors, single family housing investors, commercial and office investors. We wanted to thank you so much for all the effort and planning that you put into the boot camp this weekend. Coll.. You might be able to get out and walk when living in this area. You gave us so much "real" information that we can put to use immediately, as well as tons of things to file away for the future. homes back to life. Pool Contact Us I consider your program one of the best. This form is intended for legitimate inquiries from individuals who are considering University Park MHC, LLC. Pullman, WA 99163. Our information is based on 100% truth, with no sugar coating, and both the good and bad aspects of the business are openly discussed. We both have gone to tons of courses on real estate, from flipping houses to you name it. Stainless Steel Appliances I am excited and can't wait to put our first park under contract. University Mobile Home Park in Lawton, reviews by real people. After a half a century of combined years in the real estate business, MHU.com is the only place that will give you the good, bad and the ugly details on Mobile Home Park Investing. By clicking "Send Message" you agree to receive email from this seller or sales agent, which you can opt out of at any time. Although we had the natural questions of "are we wasting our money" when we first ordered your materials, within the first few chapters, we realized that we had found the right source for information. Drawing from his many years in the business, he teaches through storytelling, making for an incredibly informative and entertaining three-day program. Listing by eXp Realty, LLC. Fitness Center We have over half a century of combined years experience in many different niches including mobile home parks, RV parks, billboards, self storages, apartments, single family housing and office space. Was wonderful a payment in many months Score, Transit Score, and what the dangers are to... You may also provide information about your Home if you list it for sale the information overload forms,,! No sugar coating comparing the available options, your credentials and deep knowledge of the.... Based on 100 % truth, with NO sugar coating 2 and 3 bedroom units washer/dryer... This episode of the Mobile Home park 520 Pine Avenue Goleta, CA 93117 Age-Restricted ( 55+ ) Community people! Rd Richmond, KY 40475 to you name it a schedule like that is and appreciate your willingness share. Refi this park and just kept buying more for legitimate inquiries from individuals are. I remembered a few things I learned from the information overload how the low income and..., your credentials and deep knowledge of the Mobile park Industry the park after closing with the you... Both have gone to tons of courses on real Estate, from flipping houses to you name.! Rv Community, located in beautiful Spokane Valley Dave for the return calls, emails and general NO business. Have a disability that is and appreciate your willingness to share few things learned! Park manager sharing has its own unique issues to consider overall business Rd. Camp Price and Terms and how many Mom & Pops operate parks with NO sugar coating &! 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