The Mobile Home Park Mastery Podcast

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Welcome to the Mobile Home Park Mastery Podcast where you will learn how to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate mobile home parks! Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds.




How Far Can You Automate?: Episode 328

AI has everyone thinking about a future in which payroll can be replaced with computers and robots. Certainly, technology has made some useful improvements in how mobile home parks are managed, but is the age of the manager-free property approaching? In this Mobile Home Park Mastery podcast we’re going to review just how far you can automate a “trailer park”.

Listen To Episode 328

Easy Money: Episode 327

Easy Money What if I told you there was a simple way to save thousands of dollars in the New Year – and it’s 100% free and has no downside? In this Mobile Home Park Mastery podcast we’re going to review the lost art of negotiating and renegotiating vendors.

Listen To Episode 327

Harnessing The Sixth Sense: Episode 326

We all know that the five senses fo the human body are toucc, sight, hearing, taste and smell. But there is a sixth sense: sense of urgency. In this Mobile Home Park Mastery podcast we’re going to review how to harness this sixth sense to be better mobile home park buyers and operators.

Listen To Episode 326

The Impact Of The Pending Recession: Episode 325

The odds are that 2024 will be remembered as the first recession in seventeen years and the impact will be far-ranging for American households. But what will the impact be on the mobile home park sector? In this Mobile Home Park Mastery podcast we’re going to break down the granular impact of the pending recession and unlock the key reasons why mobile home park owners are actually rooting for the same event that most investors dread.

Listen To Episode 325

The New Park Building Boom That Never Was: Episode 324

Just a few years ago the hot topic at mobile home park conventions was the coming boom in new park development. After all, the Biden administration was constantly blasting propaganda that they were going to be the saviors of affordable housing and mobile home manufacturers were more than willing to use that party line to boost their stocks. Then, just as suddenly as it appeared, the dream of new development vanished. In this Mobile Home Park Mastery podcast we’re going to review the science of why mobile home parks will never, ever, be built again.

Listen To Episode 324

Looking At Housing From A Different Perspective: Episode 323

Mobile homes and stick-built homes differ in one key attribute: land ownership. But is that good or bad for the customer? In this Mobile Home Park Mastery podcast, we’re going to drill down on the benefits and disadvantages for mobile home residents regarding renting the land instead of owning it.

Listen To Episode 323

The Lessons Learned From Charlie Munger: Episode 322

Warren Buffett’s long-time business partner in Berkshire Hathaway passed away recently at the age of 99. His contributions to America were more than just about making money. In this Mobile Home Park Mastery podcast, we’re going to discuss the life of Charlie Munger and his significant impact on the mobile home park industry, as well as the lives of those who listened to his philosophies. He will be greatly missed.

Listen To Episode 322

Churning, Burning And Learning: Episode 321

The average tenancy of mobile home residents is around 14 years. But sometimes it’s only a few months. Some of this cannot be controlled but there are other factors that are within a park owner’s power to correct. In this Mobile Home Park Mastery podcast we’re going to explore what factors lead to short tenancy, its impact on your bottom line, and some practical tips to reduce this problem.

Listen To Episode 321

The Impact of The End Of The “Knowledge Worker” Era: Episode 320

There is a seismic shift in America right now that will have wide-ranging ramifications for all industries including the mobile home park sector, and that’s the elimination of the “knowledge worker”. In this Mobile Home Park Mastery podcast we’re going to drill down on what “knowledge workers” are, why they are doomed, and how this change will have a megatrend impact on all industries and investments including mobile home parks.

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The Lost Art Of Imputing Risk: Episode 319

Sam Zell has only been gone for a short while yet it appears that many buyers and sellers have already lost track of the art of imputing risk – the necessary element of factoring risk into buying and selling decisions. In this Mobile Home Park Mastery podcast we’re going to review the Zell formula on approaching the subject of risk and what some of the issues are when you don’t adhere to those principals.

Listen To Episode 319

A Positive Approach To A Pending Recession: Episode 318

Since 1776, America has gone into an economic cycle of boom and bust, with recession a natural part of that process. And over the decades many smart investors have learned to actually embrace those economic disasters as a positive part of the process to creating wealth – and that includes mobile home parks. In this Mobile Home Park Mastery podcast we’re going to explore the good attributes of the pending U.S. recession and see what we can learn from those who dealt with this cycle in the past.

Listen To Episode 318

The Truth About Self-Managing Your Park: Episode 317

Particularly on smaller parks or parks near your home, it’s always tempting to “self-manage”. But is that a good idea? In this Mobile Home Park Mastery podcast, we’re going to explore the truth about self-managing a mobile home park and identify the good and bad aspects – as well as the alternatives.

Listen To Episode 317

The Top Five Ways To Boost Your Home Sales Right Now: Episode 316

One good thing about the mobile home park business is that there is always plenty of demand. But to complete home sales, you have to take control of that demand and convert it into deals done. In this Mobile Home Park Mastery podcast, we will review the top five ways to boost your home sales – right now and at virtually no cost.

Listen To Episode 316

When Did Parks Become More Valuable Than Office Towers And Regional Malls?: Episode 315

-Who would have ever believed that single mobile home parks would one day be worth more than giant office towers in downtown and massive regional malls? How did this ever happen? In this Mobile Home Park Mastery podcast we're going to drill down on the amazing change in the real estate power structure and how the lowly "trailer park" has surpassed the glossy and glamorous icons of commercial real estate.

Listen To Episode 315

When Decks Become Rooms: Episode 314

Mobile homes begat decks and decks begat rooms. These frequent additions can create complications – but is there any issue for park owners? In this Mobile Home Park Mastery podcast we’re going to explore the issue of those “bonus rooms” that often pop up in most mobile home parks.

Listen To Episode 314

Is Gold a Better Investment?: Episode 313

You see endless commercials on cable promoting gold as the ultimate hedge to the looming recession. But is it? And how does it compare to mobile home parks? In this Mobile Home Park Mastery podcast we’re going to evaluate the factual data concerning gold and mobile home park performance in past recessions and learn why mobile home parks are far superior to gold in every category.

Listen To Episode 313

The Critical Item That Freakonomics Left Out: Episode 312

I recently appeared on the Freakonomics podcast on the topic of mobile home parks. But there was one critical item that was edited out of that discussion when it finally hit the air. In this Mobile Home Park Mastery podcast we’re going to explore the one topic they apparently found too taboo and why it’s so important to the narrative today on the relationship between park owners and residents.

Listen To Episode 312

Buffett, Cigar Butts And Trailer Park Investing: Episode 311

Warren Buffett is America’s greatest stock investor, but his philosophy changed over time from “cigar butt” to value investing – and that transition is when his profits soared. In this Mobile Home Park Mastery podcast we’re going to overlay Buffett’s theories on trailer park investing and spot the similarities and differences.

Listen To Episode 311

Why Park Owners Don’t Care About Home Manufacturing Data: Episode 310

Mobile home manufacturing has cycled between about 60,000 and 400,000 units a year and one group that could care less are mobile home park owners. Why is there such a disconnect between how many mobile homes are built each year in the nation’s factories and how much money mobile home park owners make? In this Mobile Home Park Mastery podcast we’re going to explore why manufacturing and park ownership have no meaningful relationship.

Listen To Episode 310

Permission Vs. Forgiveness: Episode 309

When doing due diligence on a mobile home park there are some things that you can’t leave to chance and others that you can tactically let slide. So when do you need permission and when do you ask forgiveness? That’s the topic of this Mobile Home Park Mastery podcast. As you’ll find out, there’s a definite strategy to it all.

Listen To Episode 309

The Mechanics Of A Successful Rent Raise: Episode 308

Raising lot rents to market levels is a continual challenge as most mobile home parks currently sit at a fraction of where rents should be. Park owners spend hours ruminating over the how much to raise rents, not because they are constrained by market forces, but simply wanting to make sure that they are fair in how to do their calculations. In this Mobile Home Park Mastery podcast we’re going to review what the mechanics are of a successful rent increase.

Listen To Episode 308

Take The Cash: Episode 307

Mobile home parks are mostly a cashless business today, with virtually all residents paying by checks, money-orders or automated clearinghouse (ACH). However, before you put away your change drawer, there are still some instances in which accepting cash is vital. In this Mobile Home Park Mastery podcast we’re going to discuss why having a firm policy of “no cash accepted” can cost you significant money without a more flexible framework.

Listen To Episode 307

Paving The Way To Ruin: Episode 306

There are few vendors as tough to handle as paving contractors. They have some basic methods to take advantage of park owners that you won’t learn until after it’s too late. In this Mobile Home Park Mastery podcast, we will explore the typical scams pavers have developed over the years and how to protect yourself from these unscrupulous methods.

Listen To Episode 306

All About Home Age Restrictions: Episode 305

Some cities have started restricting the age of homes that you can bring in to fill vacant lots. But can they legally do that? And what do you do if they decide to give it a try? In this Mobile Home Park Mastery podcast we’re going to explore how to correctly address this issue.

Listen To Episode 305

The Forces And Impact Behind Accelerating Park Redevelopment: Episode 304

Mobile home parks are, at their most basic, parking lots. And a growing number of these parking lots are being torn down to make way for new development. In this Mobile Home Park Mastery podcast we’re going to explore what’s behind this growing trend and what the ramifications are for the mobile home parks left behind.

Listen To Episode 304