There is a national push to attack landlords under what many call the “free rent movement”. This woke ideology is that landlords are inherently evil and that housing rent should be controlled by the government or – better yet – forced to be provided at no charge. In this Mobile Home Park Mastery podcast we’re going to explain, in detail, why this movement is going nowhere, despite what some politicians may promise.
Listen To Episode 361The September 2024 Mobile Home Park Investing Newsletter
That's a quote from an economics newsletter I get. The point is that the U.S. employment numbers were deliberately fabricated by around a million jobs – recently revealed by corrections in the numbers. And that should make every American a little suspicious on where employment really stands, because we now know that actual data is being manipulated for the November election. More than likely there will be a huge reveal following the election and we will all be horrified by the lies (yet to late to do anything about it politically). So if we can't really trust the nation's responsibility in macro numbers, what can we do to examine the typical mobile home park resident base as far as its exposure to what may be an extremely unfavorable job market? Here are the basic facts:
Read MoreMobile home parks bring unique challenges that catch even seasoned real estate investors off guard. Investors often assume their experience in apartments, retail, or office space will give them an edge, but many fall short, overpaying for parks and managing them poorly. So, what makes mobile home parks so different?
Read MoreI have been talking about mobile home parks for nearly 30 years and the best park buying opportunity in history is about to start coming to a close. As a veteran of multiple recessions (and a park owner during the last two) here’s my rationale on why you will be really missing out if you don’t buy a mobile home park in this moment of the cycle:
Read MoreMany park owners use commissions to promote achieving certain management targets. They are designed to be highly effective tools of motivation, but too many owners don’t apply them properly or in the correct amounts. In this Mobile Home Park Mastey podcast we’re going to review the strategy behind effecting commissions to hit your targets.
Listen To Episode 360Bryce McMurray went to Boot Camp in 2016 and followed the established science to amass 17 parks with almost 2,000 lots
Watch The VideoThe United States has entered into uncharted territory regarding the premium it costs to own a home over rent one. From 1973 to 2022 the ratio of cost of ownership vs. renting averaged 1.03. It has now expanded to a mind-blowing 2.8 – nearly three times more. While the Biden administration has chosen to avoid this topic it needs to be addressed as it is going to impact rent levels nationwide and will bring about the largest increases in mobile home park lot rents in history in the years ahead.
Listen To Episode 359If you're looking for a quick and affordable solution to fill empty lots in your mobile home park, consider this: RVs. Short for recreational vehicles, RVs provide an immediate and cost-free method to boost your occupancy. Yet, many park owners overlook this effective approach when faced with vacancy issues.
Read MoreThere is “good” fear and “bad” fear related to mobile home parks and in this short video we break down what these are!
Watch The VideoIf you’re tired of laboring in your day job or laboring to find an investment option that actually has high rates of return then look no further than mobile home parks. In this short video we discuss the four types of mobile home park investing options, and why three of them always seem to succeed while one of them always seems to fail.
Watch The VideoAs long as mobile homes are sold to fill vacant lots, there will always be a percentage of customers who will not make it to the of their mortgages. And with a recession officially arriving soon, the issue of home repossessions needs to be watched closely and planned for. In this Mobile Home Park Mastery podcast we’re going to drill down on the real facts regarding home defaults and how to proactively minimizing them.
Listen To Episode 358