Buying and operating mobile home parks comes with many decisions that are made based on understanding the odds and risks. But there are some things that you must never do because the results can be so damaging that they might end your career. In this Mobile Home Park Mastery podcast we’re going to review these forbidden things.
Listen To Episode 437If you're like us, when you buy a mobile home park from mom-and-pop, they stick you with a handful of park-owned rental homes that need renovating. Or maybe you're trying to fill vacant lots, but new homes are too expensive and buyers can't get approved, so used homes are the only path forward.
Watch The VideoSometimes the best way to get a deal financed is simply to step into the shoes of the existing park owner. In this Mobile Home Park Mastery podcast we’re going to explore the concept of “loan assumptions” and what you need to know about this often - overlooked option.
Listen To Episode 436Mobile home dealers are no longer the force they once were, but writing them off is still a mistake. In many markets, they remain one of the easiest ways to fill empty lots, source used homes, and solve setup problems without building an in-house operation from scratch. In a business where one occupied lot can add real value, even one good dealer relationship can pay for itself.
Read MoreThe MHU Investors Club was developed by Brandon about a decade ago with one goal: to provide everything that Boot Camp attendees kept requesting after the class. And those were reasonable requests. It's a continuum of information, support, and resources that you simply can't get anywhere else in this industry.
Watch The VideoEvery property will, at some point, have a utility disruption. How you handle this eventuality is extremely important in mitigating the irritation of your residents. In this Mobile Home Park Mastery podcast we’re going to review some of the logical steps that can help you in better handling this inconvenience.
Listen To Episode 435If there's any industry that's properly positioned for America's megatrends, it's the mobile home park industry. A "megatrend" is a term coined by Jon Naisbitt back in the 1980s. It means there are forces in the world so powerful that you don't dare bet against them. You want to be swimming with the current, not fighting it.
Watch The VideoThe Fake Occupancy Trap Most investors think that there are only two classifications for any lot: vacant or occupied. But there’s also a third category that few talk about and we call “fake occupancy”. In this Mobile Home Park Mastery podcast we’re going to explore the meaning behind this term and how you can prevent your mobile home park from falling into this trap.
Listen To Episode 434A mobile home park can give heirs something far more useful than a one-time payout: recurring cash flow. That matters because many families do not lose wealth from lack of opportunity alone. They lose it because a large sum, once spent, is gone for good.
Read MoreTraining a new mobile home park manager is not anyone's idea of a good time. It never has been. That's exactly why we developed our Mobile Home Park Manager Training Course. We built it like a defensive driving course. There's a module, then another module, then another, and to advance from one to the next, your manager has to pass a test. Just like defensive driving. We want your managers to know everything they need to know about the industry. We want them to succeed. But we don't want you spending two days driving around in your car or sitting in person going over basic background material.
Watch The Video
