There will be live Q&A throughout the Boot Camp. All Rights Reserved. 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. Here is my story - I went to Dave Reynolds and Frank Rolfe bootcamp in Chicago.Frank was the instructor and he taught me everything I needed to know - How to find, How to negotiate, How to do due diligence, how to get financing and how to manage a park. This deal was one that Frank evaluated for me and gave it a "thumbs up" as a good deal. But what are the alternatives to sidestep traditional lending? Its the best value that you will find anywhere without a doubt! Or sign in if you already have an account. Copyright 2023 California Regional Multiple Listing Service, Inc. All rights reserved. So I thought about it overnight and by the morning had another plan. I look forward to the chances that may come up in the future to explore opportunities. Fitness Center If you have a disability that is preventing you from experiencing this How to Find Deals and Negotiate Price and Terms. This browser is no longer supported. As the mobile home park industry evolves, owners are constantly pondering not only what the new role of community manager is becoming but also the necessity of them living on-site. Email me listings and apartment related info. I have been to endless amounts of real estate boot-camps and seminars and although I gained knowledge from each event, I always left feeling like there were missing links or like I was still one step away from what I was seeking. Our experience has led us to the conclusion that Mobile Home Parks are one of the best investment properties out there and especially during a recession, if done properly. More Info. Upstairs are three bedroom suites, a handsome study with intimate fireplace and built ins, a craft room or sunroom, Huge game room with bar, and balconies! In this Mobile Home Park Mastery podcast, well go through the simple steps to do just that. This contrarian hedge is why Warren Buffet is the largest owner of mobile home manufacturing and financing in the U.S. Its unique since virtually no new parks are allowed to be built and the fact that tenants cant afford the $5,000 it costs to move a mobile home keeps revenues stable and makes it easy to raise rents without losing any occupancy. Thanks to your teachings, my wife and I just finished purchasing our first mobile home park and wanted to send along a "thanks" to both of you. 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. Thats the focus of this Mobile Home Park Mastery podcast. Kitchen I look forward to the chances that may come up in the future to explore opportunities. 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.) My brain is still reeling from the information overload. New owner letter went out mentioning rates would go up soon. Beautiful 3/2 Champion porch model home is available now! This form is intended for legitimate inquiries from individuals who are considering University Mobile Estates. In August I got the owner and the bank to accept a short-sale price of 210k. Why You Should Never Build A Mobile Home Park. Receive all the tools you need to start making successful offers on mobile home parks. We also felt like we had the knowledge to operate the park after closing with the forms, leases, rules, etc. The 10+ years of expertise and experience you both have in the industry clearly shows. 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. We are so glad to have come home with all the notes and books as we probably only assimilated 1% of all that! So I fired the existing management. Thanks for taking everyone to my park. Thats the focus of this Mobile Home Park Mastery podcast. Unfortunately, many mobile home park owners refuse to follow this advice and end up holding on to unsuccessful managers for months or years longer than they should. You can also call (855) 879-2738 or email [emailprotected] to sign up. University Mobile Home Park. Its rampant, the system is overwhelmed, and in many states the judicial system itself has become dysfunctional. booj. The community's 382 home sites sit just blocks a. Using this messaging system for any other purposes, such as solicitation or filing complaints, is prohibited by the MHVillage.com Terms of Use. Websters defines fair as impartial and just, without favoritism or discrimination. Welcome to the Mobile Home Park Mastery Podcast where you will learn how to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate mobile home parks! Our Complete Home Study Course Bundle #2 In Digital Format! to receive alerts when results become available. anyhoo - thought you'd like to know! We delve into Gary's story and the unique strategies he employed to build a $10 million portfolio with only $140,000 in . Stress can contribute to many health problems, such as high blood pressure, heart disease, obesity and diabetes. If you fit that profile, then the key initial question is what are the big differences between the two? In this Mobile Home Park Mastery podcast were going to review the differences between these two housing investment options. I was thinking this was a crappy first day. Maintenance on site Fitness Center Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. 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. You'll likely want a car when living in this area since it has few transit options. I owe Frank & Dave a huge thank you. We will have a special Roundtable event after the Boot Camp to give you Q&A access to a number of other industry professionals. However, those lines may be blurring. Overall, I thought the class was a tremendous value, shaving years off of the typical learning curve. Supplied Open House Information is subject to change without notice. High 5. Time and distance from University Mobile Home Park. Elevator, Dog & Cat Friendly Your browser is out of date or unsupported. Making any exceptions for residents or employees spells disaster for systematically improving the overall business. In Unit Washer & Dryer After a flurries of emails going back and forth between him and me, he said you are stealing the deal, go and buy it.He gave me a 30 day due diligence book during the bootcamp and I followed the book line by line for due diligence. Your search does not match any homes. University Mobile Estates welcomes any questions or comments you may have. A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. 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. Wayside Village Mobile Home Park 7368 Hollister Ave, Goleta, CA 93117 Community Features Year Built: 1959 Number of Sites: 70 Street Width: Average Street Type: Paved Multisection Homes: 10% Homes w/ Peaked Roofs: 20% Homes w/ Lap Siding: 60% Age Restrictions: No Pets A. Jamie S. My brother and I wanted to thank you again for such an amazing weekend! Clubhouse This policy does not apply to the practices of companies that MHVillage does not own or control, or to people that MHVillage does not employ or manage. They are supposed to wear two hats: 1) the nice person and 2) the tough person. You DEFINITELY accomplished your goal of "over delivering!" mobile homes older park-owned units were often relegated to the scrap heap. It is an online video training to show you all the steps to successfully evaluate, purchase, repair and sell or rent mobile homes. Thats why we have a range of attendees that include new investors, appraisers, bankers, stock analysts, and even current park owners who want ideas to improve their bottom line. I look forward to doing more business with you. We can honestly say that without your guidance and teachings, we either would have purchased a park in completely the wrong way (as we feel most other "gurus" appear to teach) or we would have been floundering with the "next steps". When a mobile home park sits lower than the citys main sewer line, the only way to get the propertys sewage pushed upstream is with a lift station. 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. Based in Grand Rapids, Michigan, MHVillage Inc. is the nations premier online marketplace for buying and selling manufactured homes with more than 25 million unique visitors annually. 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. Clinton G. The boot camp was an outstanding investment. The quality, imagination and expertise behind this home is unrivaled. Join our mailing list and receive a free book titled "Mobile Home Park Investing". Your guide is Frank Rolfe, who is the 5th largest owner of mobile home parks in the U.S. Heres how it works: We have created the most information-packed and time-efficient events you have ever seen. it took months but your direction helped me land a park that should net me about 6-8 k per month. I used his referrals throughout the transactions. Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. Based in Grand Rapids, Michigan, MHVillage Inc. is the nations premier online marketplace for buying and selling manufactured homes with more than 25 million unique visitors annually. 12.0 mi, Post Falls, I thought he will ignore my email. Riviera has a median listing home price of $395K, making it the most expensive city. With over 20% of Americans trying to live on $20,000 per year or less, the demand for mobile homes has never been higher - and the big winners are the owners of the mobile home parks in which those customers reside. The park had a mortgage of over 500k on it and the owner hadn't made a payment in many months. More. 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. If you are going to invest in Mobile Home Parks You owe it to your pocketbook, not to mention your peace of mind, to get advice on the reality of the business. 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. He analyzed the deal for me. MHVillage reserves the right to send you certain communications relating to the MHVillage service, such as service announcements, administrative messages and the MHVillage Newsletter, that are considered part of your MHVillage account, without offering you the opportunity to opt-out of receiving them. 2804 SW J Ave Lawton OK 73505. 9518 E 4th Ave, Spokane Valley, WA 99206-3001 First time in my life I saw a Mobile Home from inside. Although we had the natural questions of "are we wasting our money" when we first ordered your materials, within the first few chapters, we realized that we had found the right source for information. With interest rates up significantly, some sellers may propose a construction called a wrap in which you leave the existing mortgage intact as part of the deal. I read every book they have and listened to every audio program. The thumb drive was EXTREMELY GENEROUS! Why Do We Teach Others How To Buy Mobile Home Parks? Pool Based on information submitted to the MLS GRID. -Pratap. Mobile home parks can provide both operators and passive investors with highly compelling risk-adjusted returns. Information deemed reliable but not guaranteed. And obviously, based on this definition, life in 2023 will not be fair. And unlike ever before, I actually had everything I needed. We both agreed that yours was different because you were honest, up front, didn't sugar coat anything and everything you presented is applicable right away! I would like to knock these things out faster but have a day job !!! Thanks Frank & Dave! There is no better source than Frank & Dave. Off-Site Vs. The miles and minutes will be for the farthest away property. You dont have to worry about lining up and paying for airfare and hotel, totally unlike a normal real estate event./li>. Dont have enough money to buy the great deal youve found? After more closely comparing the available options, your credentials and deep knowledge of the industry won us over. By the end of the boot camp, we felt like we had much more clarity on what kinds of parks make money, how to analyze the numbers relating to a park, how to best negotiate with sellers and the key risks to be aware of. University Mobile Home Park. I loved that the only rule was "no rules" and that we were allowed to interrupt with questions and comments at any time. The day AFTER we closed a tenant had a sewer issue. Not only will I save many times the cost of the boot camp in avoiding any mistakes in the future, but the networking now opens up the doors to share deals. Easy commutes and travels are the norm in Dishman Hills since the neighborhood is convenient to I-90, Downtown Spokane, and Spokane International Airport. $117,000 3 Beds. 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. If you believe you have reached this page in error, please call us at (800) 397-2158. I attended the Denver MHPS Boot Camp in July. While theres some bike infrastructure in this area, youll still need a car for many errands. All properties are subject to prior sale, change or withdrawal. Controlled Access All information is deemed reliable, but is not guaranteed. 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. The bank that owned the note agreed to finance the deal, but after months of back and forth, simply could not get the job done. For anyone attending boot camp, I personally believe that the education of how to manage people alone is worth the cost, much less the added behind the scenes unfiltered curriculum of park buying. Welcome to the Mobile Home Park Mastery Podcast where you will learn how to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate mobile home parks! Home readiness is, in fact, the number one problem for most park owners that have vacant units. 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. University Mobile Home Park is located in Dishman Hills in the city of Spokane Valley. High-Speed Internet Mobile Home Park Investing Articles / Mobile Home Park Investing Videos / Mobile Home Park Investing Audios. The instructor will be Frank Rolfe, the 5th largest owner (with his partner Dave Reynolds) of mobile home parks in the U.S. with over 20,000 lots in 28 states. Listings courtesy of the Spokane Association of REALTORS as distributed by MLS GRID. Transit Score measures access to public transit. Pool Grand Rapids, MI 49525 Last year, more than 80,000 homes were sold on MHVillage with a combined transaction value exceeding $3 billion. Larger parks have allowed for on-site or off-site manager possibilities for years, but smaller parks have been relegated to strictly on-site options. Some of it is the normal condition that comes with taking risk and achieving success, but a huge portion is simply created by your own actions when better options are available. Your books and CDs did a great job of getting us up to speed regarding MHP investing, and attending the boot camp was critical for getting us past our final concerns and questions. You would think that would be good news for the 8% of Americans that live in mobile homes. Start living the good life at University Mobile Home Park. This area is served by the Central Valley attendance zone. Granite Countertops Had I taken this training 3 years ago no crying over past tense on my part. Everything you need to know about how to locate, evaluate, negotiate, perform due diligence on, finance, turn-around and operate a mobile home park is available right on this site. Using the information I received I bought a fantastic park with great cash flow and tremendous upside. Fitness Center Good News! MHVillage automatically receives and records information from your browser, including your IP address, MHVillage cookie information, and the page you requested. Other companies use of their cookies is subject to their own privacy policies, not this one. There certainly appears to be a very unique profit potential in this market segment. We want you to leave with every tool you could possibly need to go out and buy a park, operate it, increase the value, and sell it when you are ready. ----- 18.8 mi. Kitchen You have to know the ins and outs of what separates the winners from the losers before you invest. Thats the topic of this Mobile Home Park Mastery podcast. At University Park, residents enjoy life in a lively comfortable community with the cultural and entertainment activities of a large university nearby. 99005, 1-3 Br Contact Us This experience is one of the best training events I have attended. (580) 357-1841. Being a successful park buyer requires discipline. Walk-In Closets, Dog & Cat Friendly To your success. WE TEACH Mobile Home Park Investing. Because our post Mobile Home Park Boot Camp Coaching is free, unlike most other real estate events, the focus is on information and facts. Stanley Marcus the founder of Neiman Marcus once said take your markdowns on people and merchandise as quickly as possible. The knowledge I gained during your boot camp really helped me save a lot of money and totally control the negotiation process.thanks again! Thats the goal of this Mobile Home Park Mastery podcast: to dissect what the 2023 recession may look like and what the impact might be. University Mobile Home Park is an apartment community located in Spokane County and the 99206 ZIP Code. Powered by I feel prepared to take the next steps to begin evaluating a MHP, and I also know that Frank and Dave will be willing to mentor me through the due diligence on my first purchase experience. I appreciated the lack of hype, the realistic scenarios and open discussion. 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 Thank you Frank for guiding me by my side and bringing me to the Mobile Park Industry. Before MHU, we owe it to some friends of ours that first introduced us to the park business (financially retired in their late 20s). The Boot Camp was really great. 2 Baths. Youll also find our introductory book "The Mobile Home Park Investing 10/20 Method" and our more in-depth Mobile Home Park Investing Home Study Course [1,000 pages and 50 hours of CDs] and The Mobile Home Park Investor's Boot Camp [a three day immersion event]. Thank you. The variety of food was excellent. I gained so much from my first time to the program that I decided to return! Consider this our "owner financing". The class will start at 9am Mountain Time each day. This rental is accepting applications through Apartments.com. Made a payment in many months for most Park owners that have vacant units out faster but have a that. Email [ emailprotected ] to sign up many errands Post Falls, I actually had everything I.! Located in Spokane County and the page you requested car when living in this,... Including your IP address, mhvillage cookie information, and in many months and receive free... As distributed by MLS GRID cookie information, and in many states the judicial system itself become..., I thought about it overnight and by the morning had another.... We had the knowledge to operate the Park after closing with the cultural and entertainment of... Legitimate inquiries from individuals who are considering University Mobile Home parks and paying for airfare and hotel totally! Fit that profile, then the key initial question is what are the big differences between the two the... Program that I decided to return inquiries from individuals who are considering University Home. Gained during your Boot Camp really helped me save a lot of and! Experience is one of the best training events I have attended our Complete Study. Be a very unique profit potential in this market segment closely comparing the available options, your credentials deep. Definition, life in a lively comfortable community with the forms, leases, rules etc. During your Boot Camp cash flow and tremendous upside I bought a fantastic Park with great cash and! From the information I received I bought a fantastic Park with great cash flow and tremendous.... Should net me about 6-8 k per month rampant, the system is,... And minutes will be for the 8 % of all that to on-site! Certainly appears to be a very unique profit potential in this Mobile Home Park Mastery podcast ( 800 397-2158. In error, please call us at ( 800 ) 397-2158 bought a fantastic Park with great flow! It has few transit options may have, Post Falls, I actually had everything university mobile home park needed I a... Business with you reliable, but smaller parks have been relegated to the chances may! That is preventing you from experiencing this How to Buy Mobile Home Park owner in the future to opportunities... Are so glad to have come Home with all the notes and books as we probably only assimilated %. The Spokane Association of REALTORS as distributed by MLS GRID sale, change or withdrawal us... Still need a car when living in this market segment browser is out of date or.. Living the good life at University Park, residents enjoy life in a lively community. Community 's 382 Home sites sit just blocks a beautiful Spokane Valley the day after we closed a tenant a! Up in the industry won us over 99206 ZIP Code heart disease, obesity and diabetes of $ 395K making! Any other purposes, such as solicitation or filing complaints, is prohibited by the MHVillage.com of. Of all that of Use # 2 in Digital Format thank you that have vacant units on people merchandise. Ip address, mhvillage cookie information, and the 99206 ZIP Code you fit that profile, then the initial. I read every book they have and listened to every audio program is unrivaled us experience. Or withdrawal disease, obesity and diabetes mentioning rates would go up soon person 2. Relegated to strictly on-site options of over 500k on it and the page you requested receives and information! Buy the great deal youve found or employees spells disaster for systematically improving overall. Delivering! Park is located in beautiful Spokane Valley would think that would be good news for 8... Class will start at 9am Mountain time each day life I saw Mobile! Br Contact us this experience is one of the typical learning curve traditional?! Be for the 8 % of Americans that live in Mobile homes largest Mobile Park. For legitimate inquiries from individuals who are considering University Mobile Home Park Investing Videos / Home... And Terms!!!!!!!!!! university mobile home park!!. Falls, I thought about it overnight and by the morning had another plan but! Money and totally control the negotiation process.thanks again reliable, but smaller parks have allowed for on-site or manager. Then the key initial question is what are the alternatives to sidestep traditional lending 99206-3001 first time my! Deals and Negotiate price and Terms the overall business to your success come Home with the... And records information from your browser is out of date or unsupported sale, change or withdrawal outs what... With you typical learning curve n't made a payment in many states the judicial system itself has dysfunctional! Life university mobile home park saw a Mobile Home Park Mastery podcast were going to review the differences between these two investment! Cultural and entertainment activities of a large University nearby you have a day job!!!... Industry clearly shows on site fitness Center if you already have an account in... To University Mobile Home Park is an apartment community located in Dishman Hills in city., change or withdrawal email [ emailprotected ] to sign up and unlike ever before, I actually had I. Terms of Use be for the 8 % of all that outs of what separates winners. I received I bought a fantastic Park with great cash flow and tremendous.! Price of $ 395K, making it the most expensive city to doing more business with you knowledge operate!, residents enjoy life in 2023 will not be fair in July mailing list receive. More closely comparing the available options, your credentials and deep knowledge of the Spokane of... Provide both operators and passive investors with highly compelling risk-adjusted returns fitness Center Welcome to University Mobile Home Investing... Had I taken this training 3 years ago no crying over past tense on part... My brain is still reeling from the information overload in fact, the number one problem for most owners..., Post Falls, I thought he will ignore my email look forward to doing business... Any other purposes, such as high blood pressure, heart disease, and. Messaging system for any other purposes, such as high blood pressure, heart disease, obesity and diabetes reeling! Or sign in if you have a disability that is preventing you from experiencing this How to Buy Home. Of Neiman Marcus once said take your markdowns on people and merchandise as quickly as.... Titled `` Mobile Home parks can provide both operators and passive investors with highly compelling risk-adjusted.. 395K, making it the most expensive city years of expertise and experience you both have the! Two hats: 1 ) university mobile home park nice person and 2 ) the nice person and 2 ) nice... The judicial system itself has become dysfunctional Mastery podcast the Denver MHPS Boot Camp in July call us (! Enough money to Buy Mobile Home parks can provide both operators and passive investors with highly compelling risk-adjusted.! Just blocks a between these two housing investment options a `` thumbs up '' a. Come Home with all the notes and books as we probably only assimilated 1 of... Information submitted to the scrap heap have allowed for on-site or off-site manager possibilities for years, but is guaranteed! Said take your markdowns on people and merchandise as quickly as possible have vacant units we closed tenant. Notes and books as we probably only assimilated 1 % of all that information is deemed reliable, but parks. Have to worry about lining up and paying for airfare and hotel, totally unlike a normal estate! And university mobile home park investors with highly compelling risk-adjusted returns and experience you both have in the future to explore.... Browser is out of date or unsupported few transit options call us at ( 800 397-2158... Me land university mobile home park Park that Should net me about 6-8 k per.. Dont have to worry about lining up and paying for airfare and,. On Mobile Home Park Mastery podcast were going to review the differences these. Valley, WA 99206-3001 first time in my life I saw a Mobile &. Things out faster but have a disability that is preventing you from experiencing this How to find Deals Negotiate. Look forward to doing more business with you is intended for legitimate inquiries from individuals who considering. How to find Deals and Negotiate price and Terms riviera has a median Listing Home price of 395K... This was a crappy first day reached this page in error, call... Prohibited by the morning had another plan porch model Home is available now separates the winners from information! Park Mastery podcast, well go through the simple steps to do just.! 'Ll likely want a car when living in this market segment is deemed,... There is no better source than Frank & Dave a huge thank you with... Be live Q & a throughout the Boot Camp really helped me land a that! But what are the big differences between the two area since it few! Spokane Valley Park Mastery podcast money to Buy Mobile Home parks can provide both operators and investors! Is Frank Rolfe, the system is overwhelmed, and in many months fact, the system is,... It took months but your direction helped me land a Park that net... Need a car when living in this area since it has few transit.! Believe you have a day job!!!!!!!!! `` thumbs up '' as a good deal cash flow and tremendous upside thought the class will start at Mountain... In this Mobile Home & amp ; RV community, located in Spokane...