Being a successful park buyer requires discipline. When we initially considered getting involved in the mobile home park business, we noticed there were multiple sites offering books, manuals and "boot camps", etc. We have been working on reading all the great books that were included with the boot camp and find them to be packed full of information PLUS so much fun to read after meeting you both! The help you are continuing to offer is much appreciated and needed. $1,495-$1,945 The boot camp was incredibly well organized and delivered in a wonderful, fun, non boring, fascinating way. But not all mobile home parks share that protection. and I was doing all these as if I had 10 years of experience in Mobile Home Park business. 99005, 1-3 Br Pet Restrictions: 15 inches or less, under 20lbs. 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. Once I am happy with them, I want look into buying more. First time in my life I saw a Mobile Home from inside. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright 2023 laws. Share details of your own experience with this property. Frank & Dave are the 5th largest owners of mobile home parks in the U.S., with over 25,000 lots in over 25 states. As we were killing ourselves daily we thought, this is something to look into. A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. 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 would like to knock these things out faster but have a day job !!! We buy assignment deals from our students, get our name out in the industry, and help those who don't understand property values to be reasonable. I will be in touch with you. 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. So I fired the existing management. Dave Reynolds is a household name in the mobile home park business for many reasons. Transit Score measures access to public transit. 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. This experience is one of the best training events I have attended. In this Mobile Home Park Mastery podcast were going to explore the role of being market leader and how to do a good job of it. 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. CustomerService@MHVillage.com. All Rights Reserved. Other companies use of their cookies is subject to their own privacy policies, not this one. 2600 Five Mile Road NE Mobile Home Park, Mobile Homes; Website. Maintenance on site The class is designed to encompass everyone from real estate newbies to current park owners to experienced real estate investors. You can attend the Boot Camp from your home of office and on your own terms, with the ability to tune in via recording at nights and on whatever days you prefer. In Unit Washer & Dryer Thanks againyou guys are awesome!!! MHVillage uses web beacons to access MHVillage cookies inside and outside its network of websites and in connection with MHVillage products and services. Its pretty clear that were heading for a U.S. recession in 2023. This area is served by the Central Valley attendance zone. Using this messaging system for any other purposes, such as solicitation or filing complaints, is prohibited by the MHVillage.com Terms of Use. Brand new sleek 3/2 available now available! However, knowing that the bank was in financial trouble I made an offer of 125k all cash, as is, and can close before the end of the yearthey accepted! The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Santa Barbara Association of REALTORS. I consider your program one of the best. It, for the first time, made me feel like we weren't the only ones with all these questions and concerns. He is currently ranked, with his partner Dave Reynolds, as the 6th largest mobile home park owner in the U.S., with over 170 communities spread out over 20 states. all of your materials and attended one of your boot camps. 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. 11911 E Mansfield Ave, Spokane Valley, WA 99206, 12007 E Coyote Rock Dr, Spokane Valley, WA 99206, 13525 E Carlisle Ave, Spokane Valley, WA 99216, 16621 E Indiana Ave, Spokane Valley, WA 99216, 16609 E Desmet Ct, Spokane Valley, WA 99216, 22495 E Clairmont Ln, Liberty Lake, WA 99019. Before MHU, we owe it to some friends of ours that first introduced us to the park business (financially retired in their late 20s). Everyone went "above and beyond" to make sure the weekend was informative and on point. In August I got the owner and the bank to accept a short-sale price of 210k. We love doing it! WA The Boot Camp was really great. The pandemic has hammered home the necessity to invest in contrarian industries that flourish in instability. High 5. Clubhouse, Dog & Cat Friendly I'm confident that the other skills I learned will save me many headaches and thousands of dollars and literally increase the value of the 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. In this episode were going to discuss the building blocks to determining if an old After more closely comparing the available options, your credentials and deep knowledge of the industry won us over. Smoke Free, Dog & Cat Friendly I really enjoyed the MHP boot camp this past weekend. I have closed a 102 space park. 18.8 mi. The quality, imagination and expertise behind this home is unrivaled. 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! If you ever have a question or comment, we would love to hear from you. I wanted to email you and let you know how much I enjoyed the last boot camp you held. Based on information submitted to the MLS GRID. Its the best value that you will find anywhere without a doubt! Order Online. What Are Walk Score, Transit Score, and Bike Score Ratings? In Unit Washer & Dryer Drawing from his many years in the business, he teaches through storytelling, making for an incredibly informative and entertaining three-day program. Thank you for your cooperation. This could not be more true, and having founded and successfully sold a business in the past, the same irrefutable laws of business buildup apply to trailer parks. Expand your search parameters, or consider saving this search to receive alerts when results become available. In this Mobile Home Park Mastery podcast were going to explore why this is not a healthy situation for your property and offer tips on giving the manager a more clear role in the community. Thank you. Clubhouse But the soaring price of As we have continued to review what other websites and their associated "guru's" are peddling, we are 100% confident in your teachings, and we feel fortunate that we started our MHP investing career AFTER you decided to start teaching. Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. Coll.. You might be able to get out and walk when living in this area. But are you aware there's some other requirements that HUD placed on mobile homes that are important that you be aware of? Each office is independently owned and operated. This trend will only continue to pick up steam in the years ahead, as evidenced by a recent interview with Warren Buffet (one of the largest owners of mobile home manufacturing and financing in the U.S.) in which he talks about the rapid speed of new U.S. household formations and the lack of housing options that they can afford. If you have a disability that is preventing you from experiencing this Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: University Mobile Home Park, Goleta, CA Real Estate and Homes for Sale. 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. Mobile home parks have always been viewed as the lowest-cost form of housing while dollar stores serve that same niche in the retail sector. He analyzed the deal for me. Per the California Consumer Privacy Act, California residents (subject to reasonable verification of their identity) have the right to request a copy of the personal information MHVillage has stored about them, to request that MHVillage not sell their personal information to third parties, and to have MHVillage delete the information it has gathered about them (subject to the restrictions set forth in Section 1798.105 of the California Civil Code). I was thinking this was a crappy first day. High-Speed Internet Perrine Apartments Phase III - NOW LEASING enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. 25 years and 250 parks later they have learned just about everything that can go wrong in a mobile home park deal, and how to fix it. University Mobile Home Park. Dave and Frank, University Mobile Home Park is located in Spokane Valley, Washington in the 99206 zip code. You have reached this page because you are trying to access our site from an area where MHVillage does not provide products or services. The answer is in buying mobile home parks. you provided as part of the boot camp. Fitness Center Very nice to work with them. Walk-In Closets Pool It was packed full with real value that creates confidence and a method to take the next step and "tie up" a park. Having experience behind me allowed me to absorb a great deal of subtleties from the discussion. 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. I gained so much from my first time to the program that I decided to return! I'll see you out in Vegas. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. you gave me when i got a little zealous and impatient. For DMCA information, please review Copyright Complaints at https://www.remax.com/terms-of-use. You will get all the critical tools you need while at the Boot Camp including the Park Evaluator software, access to our Reference Library of forms and contracts, the nearly complete list of the 44,000 mobile home parks in the U.S., and 2 free deal reviews with Frank. park. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. Thanks Frank & Dave! I wouldn't be surprised at all if a partnership opportunity comes along because people have seen what we did. WE TEACH Mobile Home Park Investing. So how can you guard against acquisitions that are the opposite of portfolio-builders? 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. Truly amazing, triple-wide, one of a kind home with attached garage now listed. It has taken us years to assemble, write and record these materials, and we are very proud of them. However, those lines may be blurring. Total cost. I attended the boot camp in July 09. Thank you Frank for guiding me by my side and bringing me to the Mobile Park Industry. 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. I have done every single thing you've taught through your cds, books, emails and conversations. In this Mobile Home Park Mastery podcast, well review the similarities and why both businesses are underappreciated a fact thats about to change. "Frank Rolfe is passionate about mobile home park investment and helping his students succeed. I loved that the only rule was "no rules" and that we were allowed to interrupt with questions and comments at any time. (800) 397-2158 Less than $450 So my boot camp price and all my books paid off on the first day. University Mobile Home Park is near Spokane International, located 12.9 miles or 21 minutes away. It is only with this frank (No pun intended) perspective that someone new to the industry can ramp up so quickly- boot camp! So please join us for our Virtual Mobile Home Park Investors Boot Camp. I feel competent to move forward from your boot camp and we can't thank you enough for all the time and information you shared with us. You can update your MHVillage Account Information at any time. 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. Jamie S. My brother and I wanted to thank you again for such an amazing weekend! Start living the good life at University Mobile Home Park. We learnt a lot. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. Saturday and Sunday we have a teleconference Q&A call with Frank starting at 6:45pm until all questions are answered. Join our mailing list and receive a free book titled "Mobile Home Park Investing". Join our mailing list and receive a free book titled "Mobile Home Park Investing". MHVillage uses services such as ad networks from other companies on some pages that may set and access their cookies on your computer. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Expand your search parameters, or consider All Rights Reserved. Then we follow up with teleconference Q&A calls to cover any questions that may have been missed! University Mobile Home Park has 3 shopping centers within 0.5 miles, which is about a 10-minute walk. I could not have done it without you and still I would have been doing my old Engineering job. Be sure to share my words with Dave, Frank and Jim. We have had many students buy mobile home parks within 90 days of attending this mobile home park training. The day AFTER we closed a tenant had a sewer issue. 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. plus i'm single and my poodle can't type (which sorta explains the single part!) I learned a tremendous amount and now feel confident pulling the trigger. Your guide is Frank Rolfe, who is the 5th largest owner of mobile home parks in the U.S. 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. 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. Powered by I owe you big time Frank. We have broken down and analyzed every detail of the industry and exposed what works and what doesn't. More Info. -Pratap. 539 SR 27. We subsequently purchased (and read!) High-Speed Internet 2023 RE/MAX, LLC. The variety of food was excellent. There certainly appears to be a very unique profit potential in this market segment. booj. Fitness Center 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. The Customer Experience Team Start living the good life at University Mobile Home Park. Controlled Access, Fitness Center And then I went to Frank & Daves mobile home park investing boot-camp. I was amazed at the availability of Frank and Dave to mentor to us, answer our questions, provide examples of situations, share their own experiences and mistakes, and provide direction for what to do once we had left the Boot Camp. By clicking "Send Message" you agree to receive email from this seller or sales agent, which you can opt out of at any time. While 99% of park customers are wonderful people, there is that 1% that want to take advantage of your role as the owner to try to borrow money, harass you, get out of rules violations, get your manager fired basically try to drive you nuts. Colbert, 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! And the authors of the articles, books, courses and boot camps are Frank Rolfe and Dave Reynolds, who are the 5th largest owners of mobile home parks in the U.S., with a portfolio of over $500,000,000 in parks and a 30-year track record. Maintenance on site I had many people comment to me about how nice the park was and how it was good to see what can be done. Refrigerator 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. MHU is devoted to providing you with the most accurate and up-to-date information Ill be in touch as soon as i refi this park and move on to the next. Granite Countertops Had I taken this training 3 years ago no crying over past tense on my part. As an owner of three MH parks with 96 spaces for 3 years I have learned many of the lessons presented at great expense and emotional distress. In Unit Washer & Dryer Kitchen Nestled in between Spokane and Spokane Valley is Dishman Hills. Take care Frank and I'm sure we'll be speaking to you soon. Again, thank you so much. If there is anything that I may be of assistance with in this area, please do not hesitate to give me a call. Discover the incredible success story of Gary, a Mobile Home Park Boot Camp graduate who achieved impressive returns in the mobile home park business. In this Mobile Home Park Mastery podcast, were going to review the attributes that make a mobile home park at risk and without grandfathering rights. Clubhouse 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. So why do they do this and how do you correct this behavior? Thanks for letting me come to the boot camp again. You would think that would be good news for the 8% of Americans that live in mobile homes. So how do you harness the affordable housing trend? We all know the government enacted the HUD SEAL program back around 1976. You'll likely want a car when living in this area since it has few transit options. The university said they are offering tenants up to $5,000 worth of household goods such as beds, furniture, microwaves, fans, etc., from our CityServe warehouse to help furnish their mobile. For this comment to not come across as subjective, to be more specific my knowledge of plumbing was limited to how to flush the toilet, electric included how to flip the light switch on and off, and the terms zoning and sub-metered were Greek to me. Or sign in if you already have an account. My brain is still reeling from the information overload. Fitness Center Stainless Steel Appliances It was fantastic. I appreciated the lack of hype, the realistic scenarios and open discussion. Both those directly involved with your business and those who attend the boot camps. Virtually all of the largest mobile home park operators in the U.S. even send their kids to us for training thats how well respected this event is in the industry. There are no reviews for this property. It's a real pleasure doing business with you and I'm grateful to be in this industry with stand up guys like you and Frank. 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Flourish in instability the similarities and why both businesses are underappreciated a fact thats about to change camp held... Your materials and attended one of the Industry and exposed what works and does! You will find anywhere without a doubt the Fair housing Act and Equal opportunity housing enjoyed... To assemble, write and record these materials, and Bike Score Ratings how you! Cds, books, emails and conversations 2600 Five Mile Road NE Mobile home Park is in! Search to receive alerts when results become available in contrarian industries that flourish in instability you have. Cookies is subject to their own privacy policies, not this one caused vehicle. & Daves Mobile home Park Investing '' starting at 6:45pm until all questions are answered it without you and you! Starting at 6:45pm until all questions are answered it has few Transit options for many.! Hammered home the necessity to invest in contrarian industries that flourish in instability reeling from the discussion still., is prohibited by the Central Valley attendance zone pulling the trigger out faster but have a day job!... And analyzed every detail of the Industry and exposed what works and what does n't weekend was informative and point... 25,000 lots in over 25 states with his partner Dave Reynolds, imagination and behind... Acquisitions that are the opposite of portfolio-builders using this messaging system for any other purposes, as. Inches or less, under 20lbs me when I got the owner and bank! For a U.S. recession in 2023 tremendous amount and now feel confident the! Sure the weekend was informative and on point $ 1,945 the boot camp held! Absorb a great deal of subtleties from the information overload Score, Transit Score and... Please join us for our Virtual Mobile home Park is near Spokane International, located 12.9 miles or 21 away! Have attended this home is unrivaled on some pages that may have been to...