Mobile home park residents endure an extraordinary level of prejudice, often without any meaningful defense in today's otherwise vigilant social climate. Despite increasing sensitivity toward discrimination in America, this particular group remains largely unprotected, raising important questions about why mobile home residents are left exposed to continual stereotyping.

Frank covered everything from financing strategies to turnaround tactics, sharing the insights that have made mobile home park investing one of the most misunderstood but lucrative niches in real estate. Here’s just a sample of what was discussed:

“Lonnie Dealers” are investors who buy and sell or buy and rent mobile homes inside mobile home parks, labeled after an early advocate of this concept named Lonnie Scruggs. And although this investment program had a lot of interest in the 1990s, the number of individuals engaged in this sector has been continually dwindling. In this Mobile Home Park Mastery podcast we’re going to explore the “Lonnie Deal”, its waning popularity, and the resulting impact on the mobile home park industry.

It was posted on Barstool Sports on X "Who the Fxxk is the Old Man Named James Goldstein Who Is At Every Big Time NBA Game Surrounded by Smokes (apparently a slang term for blonde models)"? Well, I know who he is. He's a fellow mobile home park owner. Here's what AI has to say: James Goldstein is a mobile home park owner in California who has been involved in numerous lawsuits with municipalities over rent control and land-use regulations. So how can a "trailer park" owner be the NBA's #1 fan, and live in the Hollywood Hills home used as the set in the Big Lebowsky? Here's the story, as published on-line:

Some mobile home park deals are built around filling a huge number of vacant lots, while others are built on raising rents and cutting costs and increasing occupancy is a tiny part of the turn-around program. In this Mobile Home Park Mastery podcast we’re going to review the plan of attack if you have only a handful of vacancies to fill.

In the film industry, what you see isn't always what you get. Years ago, I visited the set of Giant, the James Dean classic set on a sprawling Texas ranch. The mansion in the film? It never actually existed. It was just a wall propped up with wooden beams—a façade built for the camera. From the right angle, though, it looked like a real estate dream.

Any time that you pay more for a mobile home park than it is currently worth, based on existing net income, you are engaged in “stretching” to rationalize paying the higher amount. But the types of “stretching” required to bridge the gap typically vary from acceptable to too risky. In this Mobile Home Park Mastery podcast we’re going to explore the fundamentals of “stretching” and determine their quotient of risk.