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. Mortgage rates are now at 7.25% which is about double from where things stood in January. This seems to be contrary to all the physics of extending credit but its supported by fact. They were all great and I look forward to working with you in the future. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Before the class, buying a park seemed very unlikely, but now doable. Overall, I thought the class was a tremendous value, shaving years off of the typical learning curve. (at which i'm doing the work of 3 people during a very busy time!) Each office is independently owned and operated. Frank reviewed those too. By clicking "Send Message" you agree to receive email from this seller or sales agent, which you can opt out of at any time. Lease Option to Purchase / Purchase & Rental Homes Available. Thank you. And unlike ever before, I actually had everything I needed. 4329 McFarlin Blvd , University Park, TX 75205-1628 is a single-family home listed for-sale at $5,995,900. Mobile Home Park, Mobile Homes; Website. Dave and Frank, Last year, more than 80,000 homes were sold on MHVillage with a combined transaction value exceeding $3 billion. I attended the boot camp in July 09. 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. 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. 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. (800) 397-2158 Stanley Marcus the founder of Neiman Marcus once said take your markdowns on people and merchandise as quickly as possible. Our information is based on 100% truth, with no sugar coating, and both the good and bad aspects of the business are openly discussed. All Rights Reserved. In Unit Washer & Dryer View more property details, sales history and Zestimate data on Zillow. University Mobile Estates 24414 University Avenue Loma Linda, CA 92354 All Ages Community +1 Click to View Photos 31 people like this park. 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. People always say it is one of if not the best seminar they've ever been to on real estate. Ill be in touch as soon as I refi this park and move on to the next. MHVillage uses this information for the following general purposes: to customize the advertising and content you see, to fulfill your requests for products and services, to improve its services, to contact you, to conduct research, and to provide anonymous reporting for internal and external clients. Refrigerator 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. park. University Mobile Home Park 8521 Fowler Av Pensacola, FL 32534. Very nice to work with them. Jamie S. My brother and I wanted to thank you again for such an amazing weekend! So how can you guard against acquisitions that are the opposite of portfolio-builders? With your help in directing me on my park purchase, I just received my appraisal from the bank (with whom I'm refinancing) and the value came in at 950k , not bad considering i purchased it for 550k in Feb of this year. The concept of sharing management is not restricted to just mobile home parks, as many other industries have tested and employed it. (580) 357-1841. homes back to life. Supplied Open House Information is subject to change without notice. Most likely, Yes! The workbook material is thorough and well laid out. These requests may be made by calling (616) 574-0481, by emailing customerservice@MHVillage.com, or by writing to the address at the bottom of this page. The Valley offers endless. 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! 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. Maintenance on site Websters defines fair as impartial and just, without favoritism or discrimination. In times like these its up to the community owner to help to make their property the safest it can be. They arm you with the knowledge you need to go in confident that you will succeed. Dishwasher University Mobile Home Park in Lawton, reviews by real people. Thats the focus of this Mobile Home Park Mastery podcast. There are also five parks within 9.3 miles, including Dishman Hills Natural Area, Riverfront Park, and Manito Park. Heat Mobile home park managers have an extremely difficult role. In this Mobile Home Park Mastery podcast were going to review why mobile home parks are superior in their return levels because they virtually always start off with your capital back through superior investment construction. 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. I am excited and can't wait to put our first park under contract. I read every book on the subject and every internet site I could find. Information deemed reliable but not guaranteed. all of your materials and attended one of your boot camps. The Customer Experience Team But not all mobile home parks share that protection. But does that work? Owning a mobile home park is a noble calling, but you must protect yourself from the residents you are trying to help. 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 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. Discover the incredible success story of Gary, a Mobile Home Park Boot Camp graduate who achieved impressive returns in the mobile home park business. Controlled Access MHVillage may combine information about you that it has gathered with information that it may obtain from business partners or other sources. Explore University Mobile Home Park. This is Frank Rolfe with the Mobile Home Park Mastery podcast. My first step is to get through all the material you sent, then start looking for the deals. 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. Scores provided by Dave Reynolds is a household name in the mobile home park business for many reasons. You dont have to worry about lining up and paying for airfare and hotel, totally unlike a normal real estate event./li>. 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. I was very receptive to new information. The class will start at 9am Mountain Time each day. I'm juiced about digging into the due diligence of my first park. Playground. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. University Mobile Home Park. The U.S. demand for affordable housing is huge, but you cant rent or sell a mobile home unless its been renovated. And then I went to Frank & Daves mobile home park investing boot-camp. This is extremely confusing to residents and often fails to accomplish what you desire as the owner. Dave G. My husband and I really enjoyed the boot camp. I gained so much from my first time to the program that I decided to return! Then we follow up with teleconference Q&A calls to cover any questions that may have been missed! In this Mobile Home Park Mastery podcast were going to review the good and bad aspects of this deal construction and discuss methods to mitigate the risk. I hope to see you at another boot camp with my second or third park underway. CustomerService@MHVillage.com. It took months but your direction helped me land a park that should net me about 6-8 k per month. I owe Frank & Dave a huge thank you. Be sure to share my words with Dave, Frank and Jim. 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! Stainless Steel Appliances, Dog & Cat Friendly (800) 525-7452. Contact or drop by to schedule a tour. Yet there are many more similarities between trailer parks and Dollar Tree than meets the eye. All of our content comes from the real life experiences of Frank Rolfe and Dave Reynolds, who are the 6th largest owners of mobile home parks in the U.S., with over 170 parks across 20 states. I'll take this opportunity to thank your team for the very high quality boot camp training you presented. The investment for the Virtual Mobile Home Park Boot Camp is $1749. I learned what to look for in the best mobile home parks, how to establish and increase deal flow, understand deal metrics, carry out preliminary mobile home park analysis, tie up a property via purchase and sale agreement, perform comprehensive due diligence, and create value through competent park operations. What impact does this shocking news story have on the mobile home park industry? Refrigerator Located on a prime 90 foot corner lot in HPISD zoned for Bradfield Elementary, this luxury estate has been completely remodeled and reimagined by Waterside Properties. 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. Each office independently owned and operated. 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. I read every book they have and listened to every audio program. In & Out of Mobile Home Parks with $5 Million Profit. So how do you harness the affordable housing trend? University Mobile Home Park 520 Pine Avenue Goleta, CA 93117 Age-Restricted (55+) Community 2 people like this park. I look forward to doing more business with you. The class included the perfect park buying tool box coupled with people management concepts- doesnt get any better than that! There is no better source than Frank & Dave. University Mobile Estates welcomes any questions or comments you may have. Receive all the tools you need to start making successful offers on mobile home parks. 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. 18.8 mi. In this Mobile Home Park Mastery podcast, well review the similarities and why both businesses are underappreciated a fact thats about to change. University Park MHC, LLC, Mankato, MN 56001. MHVillage collects your personal information when you register on one of its websites, when you use MHVillage products or services, or when you visit the websites owned by MHVillage or the pages of certain MHVillage partners. Thanks for taking everyone to my park. The community's 382 home sites sit just blocks a . University Mobile Home Park is located in Spokane Valley, Washington in the 99206 zip code. This information can be found all over Mobile Home University, from our free mobile home park investing articles to our free mobile home park investing book that is available to download. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. Website: mobilehomeparkstore.com; Address: 520 Pine Ave, Goleta, CA 93117; Cross Streets: Between Carson St and Technology Dr/Thornwood Dr; Phone: (805) 964-1614; Hours may change under current circumstances. Easy commutes and travels are the norm in Dishman Hills since the neighborhood is convenient to I-90, Downtown Spokane, and Spokane International Airport. In that way, the Boot Camp never really ends. Information deemed reliable but not guaranteed. I will recommend your class to anyone without any reservation. Thanks againyou guys are awesome!!! So, thank you again and I remain grateful for the good training. And done it over and over and proven your methods. Advertisers or other companies do not have access to MHVillages cookies. 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. Saturday and Sunday we have a teleconference Q&A call with Frank starting at 6:45pm until all questions are answered. The help you are continuing to offer is much appreciated and needed. Thanks, Be the first to add a review on this property. If weve done our job, there should be nothing holding you back from making offers and buying mobile home parks immediately following the event. We delve into Gary's story and the unique strategies he employed to build a $10 million portfolio with only $140,000 in . Using this messaging system for any other purposes, such as solicitation or filing complaints, is prohibited by the MHVillage.com Terms of Use. Otherwise it is human nature to believe & make exceptions for many of the insane stories and conditions that come with every park- as Frank also says "every park has a personality of its own. 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. you gave me when i got a little zealous and impatient. 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. You can also call (855) 879-2738 or email [emailprotected] to sign up. Thanks again for all of your help, Steve T. 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. Dog & Cat Friendly Kacey W. I like to thank you and Frank for such a wonderful job you guys did. For those that have the luxury of making a boot camp & are newbies to this investment type, I must add that I had no prior real estate knowledge. Property Manager on Site booj. 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. Most accurate and up-to-date information on the mobile home park industry. All Rights Reserved. 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. We have had many students buy mobile home parks within 90 days of attending this mobile home park training. So why do they do this and how do you correct this behavior? But its perpetually harder to find those who will work on mobile homes as they seek better paying alternatives. 12.6 mi, 1-3 Br Why You Should Never Build A Mobile Home Park. The answer is in buying mobile home parks. I'm juiced about digging into the due diligence of my first park. Dont have enough money to buy the great deal youve found? This allows for live Q&A throughout through chat. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. Your browser is not currently supported. Expand your search parameters, or consider saving this search to receive alerts when results become available. If youre reading this, then youre thinking about going to the boot-camp, and if youre thinking about going, then just do it. Or sign in if you already have an account. The differences between your method and Frank's was a bonus that was extremely valuable. 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. 83854, 1-3 Br Pet Restrictions: 15 inches or less, under 20lbs. Each office independently owned and operated. I wouldn't be surprised at all if a partnership opportunity comes along because people have seen what we did. 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. as a reminder, I'm from the Dallas boot camp in june. 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. Its pretty clear that were heading for a U.S. recession in 2023. With your help in directing me on my park purchase, I just received my appraisal from the bank (with whom I'm refinancing) and the value came in at 950k , not bad considering i purchased it for 550k in Feb of this year. If there is anything that I may be of assistance with in this area, please do not hesitate to give me a call. Bike Score measures the bikeability of any address. They have over 25 years of experience combined and hundreds of deals done. You have to know the ins and outs of what separates the winners from the losers before you invest. Your search does not match any homes. I cant thank Frank & Dave enough. Home to all kinds of plants and wildlife, Dishman Hills Natural Area offers hikers the choice of six trails with stunning views. 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. After more closely comparing the available options, your credentials and deep knowledge of the industry won us over. The leasing team is available to assist you in finding the perfect fit. 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. Order Online. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. Thank you Frank for guiding me by my side and bringing me to the Mobile Park Industry. Off-Site Vs. Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. 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. The variety of food was excellent. My brain is still reeling from the information overload. They entered the world without a silver spoon & borrowed friend/family money for their first park. Listing by eXp Realty, LLC. Everyone went "above and beyond" to make sure the weekend was informative and on point. Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. University Mobile Home Park has 5 parks within 9.3 miles, including Dishman Hills Natural Area, Riverfront Park, and Manito Park. 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. 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]. In August I got the owner and the bank to accept a short-sale price of 210k. That was great not to have to find our meals individually. Fitness Center This area is served by the Central Valley attendance zone. Coll.. You might be able to get out and walk when living in this area. 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. More Info. Trailer parks are big and. Thank you. 2023 RE/MAX, LLC. My brain is still reeling from the information overload. At Continental Communities, our wholly owned subsidiary, Chartwell Financial LLC, offers flexible programs that can help even those with damaged credit obtain the financing to buy a new, pre-owned manufactured or park model home in one of our popular quality communities located throughout the United States.We'll work with you to explore flexible down payment and monthly payment options that can get your family into a home today with loan terms that match your lifestyle and personal goals.Unlike other finance companies, we at Chartwell Financial not only originate all of our loans, but we also service them, giving our valued residents/homeowners the convenience and peace of mind that comes from one-stop shopping for all their loan services.Chartwell Financial has originated, closed, and administered nearly $15,000,000 in new and pre-owned home financing for residents of communities owned by Continental Communities.Chartwell is just one option you have for financing for purchase of a home in our community.