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Our Weekly Mobile Home Park Investing Tips. Along with comments from investors. Enjoy! 1-5

An article I wrote recently, telling the story of my first manufactured home community that I purchased for People have different goals. Some people are only concerned with trying to get a higher return on their cash, which is currently getting 1% in a CD. Others are trying to create substantial wealth, far beyond a simple return on their down-payment. It's a free country, so there's no law on what you have to make from a manufactured home community purchase.

There are over 60,000,000 Americans with household incomes under $20,000 per year. To this giant market, a mobile home is the only form of detached housing that they will ever be able to afford.

It was Day 2 of Mobile Home University, an intensive, three-day course on how to strike it rich in the trailer-park business. Seventy-five or so students had signed up for the class, which Rolfe offers every other month in different places around the country. Most of the enrollees weren’t real estate speculators; they were jittery members of a hard-pressed middle class.

To record a 30 or 60 minute discussion on anything mobile home or mobile home park related give us a call at 1-800-950-1364 and ask for Terri or Dave.

SHOULD MY CLIENT CONSIDER AN EXCHANGE? This is an individual decision based on the investor’s overall retirement plan and investment goals. Although they may have a financial or tax advisor, ultimately the taxpayer will be writing the check to the Internal Revenue Service if they decide to sell and pay the capital gains tax.

The best way to make sure that your mobile home is protected from the perils of Mother Nature and the weirdest of circumstances is by purchasing mobile home insurance. Mobile home insurance acts a little similar to homeowners insurance in the sense that it protects the structure of the mobile home, but its coverage overall is very different.

One issue that many dealers feel strongly about is the image they project to customers. That is why the question of whether they should lock the homes on display or leave them open for unattended viewing is so important. We have surveyed our clients and want to report the pros and cons that dealers across the country told us they have found over the years

As we travel around the country working with all types of companies in the industry, it seems that the companies with the most stable sales forces are by far the most profitable. That means if you are constantly turning over your sales people, you are losing more than staff, you are losing a lot of money. Now, more than ever, dealers need to look at ways to recruit and keep a winning sales team.

Many companies in our industry are under-staffed in the sales department and do not realize it. Not only does this cost the dealer sales and profits, it shifts all the power from the company to the sales people. Many members of your sales staff want you to be understaffed. It gives them several advantages.