I've been to dozens of boot camps during my 18 years involvement in buying investment real estate as my primary career and source of income. We all know the government enacted the HUD SEAL program back around 1976. First is the fact that he, along with his partner Frank Rolfe, are the 6th largest owner of mobile home parks in the U.S. with over 8,000 lots spread out over 17 states. A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. Why Do We Teach Others How To Buy Mobile Home Parks? Pool After thoroughly reading your manuals and listening to your CDs and attending your boot camp, we had few questions left about how to proceed and be successful in the business. University Mobile Home Park, Goleta, CA Real Estate and Homes for Sale Your search does not match any homes. University Mobile Home Park has 3 shopping centers within 0.5 miles, which is about a 10-minute walk. Everyone went "above and beyond" to make sure the weekend was informative and on point. Why Do We Teach Others How To Buy Mobile Home Parks? as a reminder, I'm from the Dallas boot camp in june. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Lawton and beyond. Saturday and Sunday we have a teleconference Q&A call with Frank starting at 6:45pm until all questions are answered. I'm sure you could have just kept buying parks and not shared any of your lessons and strategies with anyone; living in Vegas I see some sharks so I know how rare it is to deal with someone with real integrity. I find it fascinating how even though everyone is seemingly competitors there is such synergy to help everyone succeed. It showed that there is more then one way to view a deal. The day AFTER we closed a tenant had a sewer issue. We rerouted a line and just bypassed that old pipe. Accessible to Avista Stadium, Interstate Fairgrounds, Splash Down, and a host of shopping centers, there is never a shortage of things to do in Dishman Hills. The class is designed to encompass everyone from real estate newbies to current park owners to experienced real estate investors. I just wanted to thank you for all your advice and support in the business. With apartments having reached a cyclical high and mobile home parks still running with plenty of value-building opportunity, many apartment owners are looking at buying mobile home parks. While jumping into the park business may not be for everyone, I have to throw in the old adage nothing is for Free or Easy. Coll.. You might be able to get out and walk when living in this area. University Mobile Home Park 520 Pine Avenue, Goleta, CA 93117 0 Homes For Sale 0 Homes For Rent No Image Found Los Amigos Mobile Home Estates 296 North Hope Avenue, Santa Barbara, CA 93110 0 Homes For Sale 0 Homes For Rent No Image Found Poppy Motel/Trailer Park 4197 State St, Santa Barbara, CA 93110 0 Homes For Sale 0 Homes For Rent When you register or interact with an MHVillage website, your provide information such as your name, address, email address, zip code, telephone numbers, and other information. Before MHU, we owe it to some friends of ours that first introduced us to the park business (financially retired in their late 20s). I was very receptive to new information. Websters defines fair as impartial and just, without favoritism or discrimination. This apartment community was built in 1962 and has 1 story with 107 units. Thanks for offering your help. From $4500 to $6500. University Mobile Home Park. MHU has been the industry leader in accurate information about the mobile home park industry for over a decade, having been established by Frank Rolfe and Dave Reynolds, who are the 5th largest owners of mobile home parks in the U.S., with over $500 million in assets. I'm juiced about digging into the due diligence of my first park. I'll see you out in Vegas. Yet there are many more similarities between trailer parks and Dollar Tree than meets the eye. Dont have enough money to buy the great deal youve found? This is extremely confusing to residents and often fails to accomplish what you desire as the owner. I look forward to the chances that may come up in the future to explore opportunities. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. Pool Consider this our "owner financing". Perrine Apartments Phase III - NOW LEASING enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. Ill be in touch as soon as i refi this park and move on to the next. This has created an environment in which traditional banking is not always the attractive solution to getting deals done. The park consists of two smaller parks for a total of 35 spaces and 33 park-owned homes that I plan to sell to tenants immediately. My wife and I are very analytical and detail oriented by nature and your materials are written with phenomenal clarity and depth. MHVillage may update this policy without notice from time to time, so you should check this page frequently. The Virtual Boot Camp will run from March 3. View Homes In This Community View On Map Community Features Pet Policies Pets Allowed: Yes Pet Restrictions: one small to medium dog Additional Details Off-Street Parking Playground Clubhouse All Rights Reserved. Home readiness is, in fact, the number one problem for most park owners that have vacant units. He analyzed the deal for me. I've been talking with a few people from the boot camp and everyone thought it was good. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, or misprints. Most accurate and up-to-date information on the mobile home park industry. I read every book they have and listened to every audio program. There certainly appears to be a very unique profit potential in this market segment. Lease Option to Purchase / Purchase & Rental Homes Available. Immediately I sent an email to Frank. Each day of the class will end between 5pm & 6pm depending on where we get in the material. Time and distance from University Mobile Home Park. I'm not sure how you did it but it is a completely different vibe that what I get from other industries and their seminars. Share details of your own experience with this property. Dave and Frank, It is an online video training to show you all the steps to successfully evaluate, purchase, repair and sell or rent mobile homes. There will be live Q&A throughout the Boot Camp. "Frank Rolfe is passionate about mobile home park investment and helping his students succeed. The Customer Experience Team That's because we don't just talk about the mobile home park business -- we live it, every single day. Expand your search parameters, or consider saving this search to receive alerts when results become available. Each office is independently owned and operated. It is so refreshing to see you who has actually done what you are teaching. University Mobile Home Park in Spokane Valley is ready for your visit. If you have a disability that is preventing you from experiencing this While most mobile home park owners take comfort in letting someone else do the honors, theres nothing wrong with being the market leader in lot rents. Grand Rapids, MI 49525 You will receive all the knowledge and tools you need to buy your first mobile home park or improve an existing one. The typical tenant who rents from Rolfe and Reynolds pays $250 or $300 a. All Rights Reserved. Being a successful park buyer requires discipline. I wanted to email you and let you know how much I enjoyed the last boot camp you held. Even at 210k, no bank in the area would touch the park since it was in less than great shape and had virtually no income and expense records. Always beware of scams. A new study shows that mobile home values are up 34.6% since 2016 nearly matching the 35.4% increase of single-family homes. Your browser is out of date or unsupported. Mobile home park managers have an extremely difficult role. Fitness Center After a half a century of combined years in the real estate business, MHU.com is the only place that will give you the good, bad and the ugly details on Mobile Home Park Investing. "The Mobile Home Park Investing 10/20 Method", Mobile Home Park Investing Home Study Course, The Mobile Home Park Investor's Boot Camp, The Top Five Ways To Find A Mobile Home Park To Buy. But to my surprise he replied within 5 minutes. new and slightly used homes has rekindled the notion of bringing many of these formerly doomed Welcome to Mobile Home University, a three-day, $2,000 "boot camp" that teaches people from across the US how to make a fortune by buying up trailer parks. They are supposed to wear two hats: 1) the nice person and 2) the tough person. Dishwasher High-Speed Internet Mortgage rates are now at 7.25% which is about double from where things stood in January. We will conducting the "virtual" mobile home parks tours on Saturday afternoon. When you seek the measure of an investments performance the only one that matters is the total return at the end, not simply a couple good years along the way. (at which i'm doing the work of 3 people during a very busy time!) The answer is in buying mobile home parks. We delve into Gary's story and the unique strategies he employed to build a $10 million portfolio with only $140,000 in . So many have fancy presentations with little backing it. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. Start living the good life at University Mobile Home Park. Thats the focus of this Mobile Home Park Mastery podcast. I just submitted an offer on a mobile home park in IA and thanks to Frank and Dave, I'm more confident with my offer and exit strategy. A used three-bedroom trailer can cost between $10,000 and $20,000, depending on its age, and take 10 years or so to pay for. Fitness Center Thanks for taking everyone to my park. The park had a mortgage of over 500k on it and the owner hadn't made a payment in many months. I could not have done it without you and still I would have been doing my old Engineering job. I used his referrals throughout the transactions. Having built up a company and learning from the school of hard knocks, it was extremely impressive to see Frank give the class not just a lesson about how to acquire & manage a park but more importantly perhaps, how any business should be run. 2600 Five Mile Road NE This rental is accepting applications through Apartments.com. University Mobile Home Park is near Spokane International, located 12.9 miles or 21 minutes away. Copyright 2023 Santa Barbara Multiple Listing Service. For those who already own a mobile home park we offer a first-class Mobile Home Park Manager Training Course that is like an on-line defensive driving course for mobile home park managers to get your staff off on the right foot. And done it over and over and proven your methods. Car Charging Station, Dog & Cat Friendly After a half a century of combined years in the real estate business, MHU.com is the only place that will give you the good, bad and the ugly details on Mobile Home Park Investing. you gave me when i got a little zealous and impatient. I just wanted to take a moment to express my gratitude for all of the hard work you all did putting the boot camp together. Benefit from both classroom and virtual "in-field" instruction. While theres some bike infrastructure in this area, youll still need a car for many errands. Its pretty clear that were heading for a U.S. recession in 2023. My friend introduced me to the idea of Mobile Home Parks about 13 months ago. No problem, Frank & Dave will often co-invest in deals themselves, as well as pay assignment fees for your deal. Here youll find three shopping centers within 0.5 mile. We also provide, free of charge, a mobile home park investing forum, that you can contribute to and learn from, as well as a monthly mobile home park investing newsletter and even our free weekly Mobile Home Park Mastery podcast series. In this episode were going to discuss the building blocks to determining if an old Kitchen Without Frank and Dave, who knows how many mistakes I could have made or long it would have taken me. That saved me $58,000 per year. MHVillage limits access to personal information about you to employees who MHVillage believes need to come into contact with that information to provide products or services to you or in order to do their jobs. With all the tools he gave me in the boot camp, I found an IDEAL (Infrastructure, Density, Expense, Age, Location - if you go to the bootcamp, learn it right.) But NPR is determined to show that even when park residents are big winners its all part of an evil plot by corporate owners. Claim this business. All properties are subject to prior sale, change or withdrawal. Based on information submitted to the MLS GRID. In fact, you will receive all of our products in digital format including: That is over $1,500 worth of products & services to those that attend the boot camp! Pullman, WA 99163. Frank Rolfe has been an investor in mobile home parks for almost two decades, and has owned and operated hundreds of mobile home parks during that time. I think the weekend completely OVER-delivered and I was so impressed - thank you! Personal information is information about you and is specific to you like your name, address, email address, phone number, website activities, etc, but is not otherwise publicly available. I look forward to doing more business with you. Thats the topic of this Mobile Home Park Mastery podcast. I had some knowledge of MHP investments, but after taking the boot camp, I am more confident and I know what I did wrong with our MHPs. University Village Mobile Home Park 1907 Buena Vista Drive SE Albuquerque, NM 87106 All Ages Community +1 Click to View Photos 17 people like this park. I had everything I needed throughout the whole process. They have over 25 years of experience combined and hundreds of deals done. MHVillage may combine information about you that it has gathered with information that it may obtain from business partners or other sources. MHVillage collects information about your transactions with MHVillage and with some of its business partners, including information about your use of the services that MHVillage offers. Mobile Home Park, Mobile Homes; Website. University Park MHC, LLC, Mankato, MN 56001. Controlled Access It is also near Gonzaga University and Spokane Falls Comm. Contact or drop by to schedule a tour. Home to all kinds of plants and wildlife, Dishman Hills Natural Area offers hikers the choice of six trails with stunning views. Your guide is Frank Rolfe, who is the 5th largest owner of mobile home parks in the U.S. So why do they do this and how do you correct this behavior? University Mobile Home Park. We're going to talk about snow loads, wind loads, and thermal zones. Last year, more than 80,000 homes were sold on MHVillage with a combined transaction value exceeding $3 billion. I will recommend your class to anyone without any reservation. MHU has been featured in. I gained so much from my first time to the program that I decided to return! When you have two mobile home parks in the same basic market, you always wonder if you would be better off hiring one manager to supervise both or having two separate managers to do the job. Broker ( s ) nor shall be responsible for any typographical errors, misinformation, or consider this. Potential in this area tough person policy without notice from time to time, so you should check page... Year, more than 80,000 homes were sold on mhvillage with a combined value. 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