Articles
LEARNING FROM UNHAPPY CUSTOMERS
Article
Bill Gates once said “your most unhappy customers are your greatest sense of learning”. It’s an unusual adage from someone who held a virtual monopoly over the personal computer for decades, but this mantra is true for all industries. So what can you learn from unhappy......
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THREE HUGE REASONS THAT MOBILE HOME PARKS WILL OUTPERFORM ALL OTHER REAL ESTATE SECTORS IN THE YEARS AHEAD – AND ONES THAT NOBODY TALKS ABOUT By Frank Rolfe
Article
Mobile home parks have outperformed virtually all other sectors of real estate in recent years. But that’s only about to accelerate. The net effect of the new America – created by the impact from the pandemic, urban unrest,
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WHY SAM ZELL IS CONSIDERED A "GRAVEDANCER" -- AND WHY THAT'S A GOOD INVESTMENT STRATEGY By Dave Reynolds
Article
Sam Zell is the largest owner of mobile home parks in the U.S. He’s also been the largest owner of apartments and office buildings. But regardless of the sector, his strategy has always remained to buy assets that are near death and then bring them back to life. Why has this strategy worked so well?
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WHEN A MASTER LEASE WITH OPTION IS – AND IS NOT – A GOOD SOLUTION
Article
There’s a unique strategy that has been used to construct clever mobile home park deals over the decades, but it rarely gets much notoriety. The name of this strategy is a “master lease with option
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WHY DO MOBILE HOME PARK MANAGERS FAIL AND HOW CAN YOU MINIMIZE THE RISKS? By Frank Rolfe
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No mobile home park can be successful without a competent manager. A manager serves as your eyes and ears in the field, as well as your problem-solver, ambassador and mayor all rolled into
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HOW TO MAKE $100,000 A YEAR CASH FLOW WITH ONE MOBILE HOME PARK INVESTMENT By Frank Rolfe
Article
With the national economy in free fall, and millions of jobs being cut across all industry segments, many people are trying to formulate a plan to replace their income if they get laid off. And to many people, that income can approach $100,000 or more. So how do you replace $100,000 of income. For many people, the answer may be in a good old fashioned trailer park.
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"IN ALABAMA, THE TUSCALOOSA" - GROUCHO MARX, 1930
Article
Much of the Southeastern U.S. has not been taken seriously by mobile home park buyers – or commercial real estate investors, in general – for decades. Even Groucho Marx made jokes about the region in 1930. But all that is changing now.
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HOW TO TURN AROUND A MOBILE HOME PARK By Dave Reynolds
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When you buy a Mobile Home Park that needs to be turned around (and most parks need some type of turnaround), the first thing you need to do is disengage the prior ownership/management.
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THINK TWICE BEFORE DIVING INTO THAT MOBILE HOME PARK By Mike Renz
Article
On a perfect summer afternoon in 1984, I climbed up a bluff to dive into a lake that geology students had been swimming in for decades.
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Must MHC Owners Protect Tenants from Rapists, Hooligans, and Thieves?
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Many landlords are surprised to learn they have a legal duty to protect their tenants from rapists, attackers, and thieves
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