Rolfe had acquired two dozen parks when he reversed course, feeling emboldened by a spike in real estate prices that had potential buyers willing to purchase his properties for much more than he thought they were worth. Rolfe says he shudders at the thought of losing money to the multimillion-dollar negligence suits that result from cutting corners. Mobile Home University | Seller Negotiation Tips Over The Phone (Part 2) If you’re a beginner at learning how to invest in mobile homes, you don’t … It finances more mobile-home purchases than any other lender by a factor of six. The trailer’s transition to housing was helped by World War II, when the federal government purchased tens of thousands of utilitarian trailers as a quick and easy way to house workers near factories producing war-related goods. Senior mobile home parks in Colorado offers single- and double-wide homes in a community. Mobile Home Park 10/20 Method It is a simple system to follow and after reviewing the deals that we have done, we know it is the only way to consistently profit in the Mobile Home Park Business. Hi Everyone! And if you are looking to invest in single mobile homes, we built a Mobile Home Investing & Repair Course. Barbara Watz in her kitchen at the Holiday Manufactured Home Community. See reviews, photos, directions, phone numbers and more for the best Mobile Home Parks in Edwardsville, IL. “If she was unhappy with something, she’d tell you.” To the extent that hers is a genuine and representative sentiment, the people involved with Mobile Home U. “We can’t imagine wanting to live anywhere else,” said Wright, who scoffed when I pointed out she’s on the company payroll. Book My Stay; Essential Extras Package Enjoy free hot breakfast plus late checkout, premium Wi-Fi*, and a $10 daily shop credit. In Texas, for instance, 5 to 6 percent of their tenants are delinquent each month paying the rent, compared with less than 2 percent of those living in parks in Wisconsin, North Dakota or Minnesota. Bible study, a community garden or a swimming pool are some of the features senior mobile home parks offer. See more of University Mobile Home Park on Facebook. The Mobile Home Park Investors Podcast is the world’s first podcast dedicated to mobile home park investing. Creating value and making money with mobile homes on private land, outside of pre-existing mobile home parks, is not typically a real estate niche that many real estate investors consider pursuing. 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. Yard decorations at the Holiday Manufactured Home Community. 5: 196: November 30, 2020 But his brother told him business schools wanted their students to have at least a year of practical experience, and so he went into the billboard business, buying first one billboard, and then a few more, until a decade later he was up to 300 when another company bought him out for $5.8 million. should I raise it $25.00? We founded Mobile Home Park Academy with one main belief… That if you are going to invest your time, energy and resources in us, we must provide you the very best quality information available anywhere on mobile home park investing. One of the first parks Rolfe and Reynolds bought together was the Holiday Manufactured Home Community in Pontoon Beach, Ill. Log In. "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. Best Mobile Home Parks in Mesa, AZ, United States - Coronado Mobile Home Park, Sunny Crest Mobile Home Park, Fountain East Mobile Home Park, Hacienda Solano Resort, Glenhaven Estates, Silver Spur Village Mobile Home Park, X Bar B Trailer Ranch, Brentwood Southern Mobile Home Park, Riviera Mobile, Sundowner RV Resort It is an online video training to show you all the steps to successfully evaluate, purchase, repair and sell or rent mobile homes. But when he discovered the price of apartment buildings and compared them with the cost of trailer parks, he found himself reconsidering. He had flown down from San Francisco for the seminar because he hated his job selling health care plans. It has taken us years to assemble, write and record these materials, and we are very proud of them. Mobile home parks are the hottest sector of real estate right now, due to the endless decline in the U.S. economy. The industry “sweet spot” is a lot rent of $495, he explained, but raising it by another $5 “could mean death.” On the other hand, Rolfe said, you can always have your tenants pay for water, which is a trailer-park owner’s largest expense. The residents had planted shrubs and rose bushes and small flower beds bordered by rocks. Our first stop was Green Lantern Village in Westminster, a city of 90,000, landlocked between Santa Ana and Huntington Beach. 6 Mobile homes are priced as low as $45,000, while the median price of a new single-family site-built home is $323,000. Barrington University, was incorporated, licensed and headquartered in Mobile, Alabama offering … Affordable Housing is the hottest arena in commercial real estate right now. Whatever your reason for wanting a roof replacement, All Weather Roofing can get the job done. If you ever have a question or comment, we would love to hear from you. Their tenants, though, tend to stay if for no other reason than a lack of options. or. In their view, the root systems of trees are a threat to the sewer lines that crisscross any park. Mobile home park investing is not an exciting cryptocurrency, a high-flying tech startup or a trophy office tower you brag about owning. Mobile Home Parks in Edwardsville on YP.com. Trailer-park residents living in the North, he told everyone, are rock-solid citizens compared with their counterparts in the South. Or they were worried about their jobs moving overseas. The Mobile Home Park Investors Podcast is the world’s first podcast dedicated to mobile home park investing. Back then, he imagined he would earn an M.B.A. and maybe work at an investment bank. “Remember, you don’t have to live in these homes.”. Full Sail University is a trade school specializing in higher learning that offers a variety of degrees in audio, film, design, computer animation, and other fields. All Courses MOBILE HOME MILLIONS ACADEMY 2.0. “We go through managers like crazy,” Rolfe says. Log In. Citrus Gardens Mobile Park 4065 E University Dr Mesa AZ 85205. Join our mailing list and receive a free book titled "Mobile Home Park Investing". Within this context, some say mobile homes can be the future of affordable housing. Reviews. University Mobile Home Park 9518 E 4th Ave Spokane Valley WA 99206. The average resident has “such bad credit,” Rolfe said, that it would be a deal-killer for most landlords running credit checks on potential tenants. Please visit the contact us page. Create New Account. Reynolds had been born into the business; his parents owned a mobile-home court in Colorado. Why? It was there at this predominantly white, 217-lot park that I lived as Rolfe and Reynolds’s guest for the better part of a week last summer. At first, Rolfe and Reynolds both taught the curriculum they created. The Homewood Suites Mobile Airport-University Area offers comfort and relaxation in the Providence Park area, just minutes from the Mobile Regional Airport. University Mobile Home Park mobile home park located in Spokane Valley, WA. Create New Account. The Valley offers endless outdoor activities, several culinary experiences, and shopping all while keeping the charm of a small town. Bus line is close as well,at the entrance to the park. Those who are retired are thankful that they own a place of their own, even if it’s only a metal box, because it allows them to live on the little they have. That meant more work for Rolfe, who was happy to pick up the slack. He tells people he’s in the “mobile home” or “trailer park” business because that’s how customers talk. _____ Feature Highlights: - View your Lectures and Assignments - Posting to Threaded Discussions - Course Announcements - View your Schedule - Check your Grades - School Email Access - Important Messages - Academic Calendar - Campus News - … But larger, more diverse crowds invariably show up in Southern California. Linda is the manager of the Jeffco Estates trailer park in Arnold, Mo. “There’s more money in decent than slumlording,” Rolfe told the class in Orange County. University Mobile Home Park in Spokane Valley, reviews by real people. 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. Ships from and sold by Amazon.com. By making what Rolfe calls a “contrarian bet on a poorer America,” they have posted an annual return of roughly 25 percent, a rate at which they and their investors are doubling their money about every four years. With around 10,000 lots scattered mostly across the Midwest and the Central Plains, Rolfe and Reynolds are about equivalent in size to a public-housing agency in a midsize city — and in an important way, they play the same role. Among those I spent time with in Orange County was Jefferson Lilly, who had made a lot of money working sales jobs at a series of Silicon Valley-based technology start-ups. By catering to those living on the economic margins, their parks generated more than $30 million in revenue last year. Some are a lone trailer on an individual’s property, while others might be parked on Native American reservations, but an estimated 12 million people, Rolfe says, live in an actual trailer park. “I hated it.” But Reynolds realized that he “could make three times what I could have made as a C.P.A.” He bought his first park in 1993, when he was 24. “It’s just an absolutely great time to be in the mobile-home business, with all the people who have been displaced from their homes because of foreclosures or they’ve lost a job or what have you,” says Stu Silver, who runs a rival trailer-park seminar called SAM (“special advanced mentoring”) camp. Before Rolfe bought a trailer park, he had visited only one, the Glenhaven Mobile Home Park in Dallas, when an out-of-town billboard client asked him to deliver a message to its manager. “I was the middle-class kid suddenly having to live among the poor,” he said about the few months he had to live in his parents’ park as a kid. “At first I was like, ‘No way am I buying a freaking trailer park,’ ” said Lilly, a clean-cut, 46-year-old Ivy Leaguer who lives in San Francisco. 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. Get directions, reviews and information for University Mobile Home Park in Spokane Valley, WA. and has the money for small splurges. Mobile Home University, where the rich teach others how to rip off poor living in trailer parks Xeni Jardin 2:35 pm Fri May 22, 2015 Really great video and story over at the Guardian today: See reviews, photos, directions, phone numbers and more for the best Mobile Home Repair & Service in University Pl, WA. All products. Mobile homes and mobile home parks are in a league all by themselves. That's because we don't just talk about the mobile home park business -- we do it. This organization is not BBB accredited. Someone in those circumstances might be expected to choose a field that doesn’t entail carrying a loaded pistol to work each day, but Rolfe couldn’t help himself once he calculated the financial potential of Glenhaven. Everywhere I looked, I saw handsome wooden decks thick with potted plants, American flags, chimes and wooden birds whose wings twirl with the wind. He went to school to study accounting, but doing the books for the family opened his eyes to the profitability of a world he shunned growing up. You have to know the ins and outs of what separates the winners from the losers before you invest. Why You Should Never Build A Mobile Home Park. Co-ops … The glut of cheap homes represents competition. Mobile Home Park in Spokane Valley, Washington. She could have bought a tiny house on her salary, but a two-bedroom, one-bath trailer cost less per month than her car payment — and meant she was done with house payments after a few years. 23 people follow this. They provide step by step advice for buying and selling mobile homes. See BBB rating, reviews, complaints, & more. Claim Your Discount; BOOK TODAY & SAVE Get up to 15% off your spacious suite. Mobile Tourism: Tripadvisor has 48,396 reviews of Mobile Hotels, Attractions, and Restaurants making it your best Mobile resource. Utility Warehouse Mobile offer five Sim-only packages, which start at £10 for 1GB of data. The pool is heated, but not enough to bother during cooler months. Mobile Home Parks in San Angelo on YP.com. A year later, he also realized that he didn’t need to spend his days in the small manager’s office there. Access 123 trusted reviews, 0 photos & 17 tips from fellow RVers. In 2003, Warren Buffett paid $1.7 billion to buy Clayton Homes, one of the country’s largest manufacturers of mobile homes. Rolfe was still in high school when a teacher helped him get a summer job at a local advertising agency in the Dallas area. From pleasant housekeepers, to attentive servers at mealtime and helpful maintenance technicians who are there when you need them, this … mobile home university. Search the world's information, including webpages, images, videos and more. Community See All. University Mobile Home Park is a Pennsylvania Domestic Fictitious Name filed on April 18, 1961. A mobile-home park feels more like an army base than a neighborhood. Using their own money and millions more from outsider investors — including many who have been through Mobile Home University — they have been buying about two dozen parks a year. (They let me choose where I wanted to stay.) That's why we are the resource that the professionals use to gather information on the industry, from large-scale investors in other asset classes, to appraisers, lenders and, of course, individuals who want to acquire mobile home parks. In most of the country, the key to calibrating the proper rent means knowing the price of a decent two-bedroom in the surrounding area. You’ll 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]. Rolfe confesses to feeling some guilt that he owns the largest house in his hometown while his customers are making do in cramped quarters. Including free utilities, free Wi-Fi, free DirecTV and are fully furnished with modern contemporary furnishings. BedsAny1+2+3+4+5+ Use exact match Bathrooms Any1+1.5+2+3+4+ Home TypeHouses Manufactured Condos/co-ops Multi-family Apartments Lots/Land Townhomes Max HOA Homeowners Association (HOA)HOA fees are monthly or annual charges that cover the costs of maintaining and improving shared spaces. Topic Replies Views Activity; Rate increase increment? And despite Wright’s being a thorn in the side of the previous owners, the new owners kept her on as a manager, drawn, Rolfe said, by Wright’s my-way-or-the-highway aggressiveness. MHEI is dedicated to provide ethical business advice that has been properly tested. Closed Now . Martha Branch and Larry Hutchinson, managers in their office at the Holiday Manufactured Home Community. Sometimes you hear the trains too. You can imagine the demand in the $500 per month price category, which is the market that most mobile home parks serve. So—you’ve got enough leaks in the roof that if you saved up the dripping water, you could draw a bath. Last year, more than 80,000 homes were sold on MHVillage with a combined transaction value exceeding $3 billion. So how do you harness the affordable housing trend? 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. Winter Has Arrived, Consider Getting Alerts for Water Temp. 5: 173: December 9, 2020 Purchase Sale Agreement Park. In that way, they’re the trailer-park equivalent of the developer who buys abandoned properties in the Bronx and converts them into livable places that are, at least, clean and safe. A Rolfe-Reynolds park is, if nothing else, well run. “We’re the Dollar General store of housing,” Rolfe said, adding, with an amiable grin, “If you can’t afford anything else, then you’ll live with us.”, Lars Tunbjork for The New York TimesLars Tunbjork for The New York Times. Not Now. See 651 traveler reviews, 74 candid photos, and great deals for Homewood Suites by Hilton Mobile, ranked #21 of 73 hotels in Mobile and rated 4 of 5 at Tripadvisor. Google allows users to search the Web for images, news, products, video, and other content. A home at the Holiday Manufactured Home Community. “Or you’re out.”. For a relatively nominal salary — these days, around $12,000 a year for the typical park plus a rent-free trailer — he could hire a manager and the day-to-day problems would be someone else’s. 24414 University Ave Ofc. Still, people make the effort to personalize their homes at Pontoon Beach. About. That keeps expenses down for those paying both the lot rent, or “dirt rent,” which every resident pays each month, and the rent on their trailer — half of which can be applied toward purchasing any available unit. Because someone cared enough at one point to bring me under their wing and show me everything they knew. His strategy drew the interest of a private equity firm that provided him with the money he needed to expand his empire. Affordable Housing is the hottest arena in commercial real estate right now. Yet Rolfe has a point when he argues that it’s often better than most of the alternatives. As an instructor, Rolfe has a veritable Ph.D. in the habits and rituals of trailer-park residents. There are 8.6 million mobile homes in the United States, according to a 2013 U.S. Census Bureau report. “I love the weirdness,” is how Rolfe put it to me, apparently unaware of how it might sound to some that a man who makes his money squeezing a little bit more out of the working poor also finds entertainment value in the pathologies of the more miserable among them. I don’t do anything.” Trailer parks are his world, and after nearly two decades in the business, he can entertain his students with a near-endless repertoire of tales. Rolfe says: “Invariably, the guy would open the door just wearing his underwear, totally hung over — ‘What do you want?’ ” Yet four months after selling his billboard company, Rolfe bought Glenhaven, a grim, junked-up, half-filled park, for $400,000. Can a business that’s trying to squeeze every dime out of the working poor still offer them a pretty good deal? And maybe just as important, he discovered that he was drawn to what was to him an exotic, fringe world that he had stumbled into. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. Reviews (509) 924-2899 Website. (Note: Before going into this type of investment, be sure to check out my video on mobile homes vs mobile home parks. After the war, small trailer parks popped up on college campuses to accommodate the influx of former soldiers under the G.I. If you’re a subscriber to my newsletter, you’ll know that I recently signed up for this mobile home park investing course.And if you’re part of the private Facebook group, you’ll know I enjoyed the class and promised a review.So here it is! “I don’t travel, I don’t restore cars, I have no hobbies. Utility Warehouse Mobile also offers mobile handsets on a two-year contract from as low as £1 per month, although this is a charge for the handset only and does not include a Sim plan. View lots, community details, photos, and more. A study by the Center for Housing Policy found that among renters who have a job, one in four was spending at least half of his or her income for an apartment. The mobile home as we know it appeared at the start of the automobile era as a pricey, wood-paneled plaything of the very wealthy — a way for them to travel in comfort on long trips before motels lined the roads. “I dream of going to an office.”. Forgot account? The typical tenant who rents from Rolfe and Reynolds pays $250 or $300 a month in lot rent and another $200 or $300 if also renting a trailer. University Mobile Home Estates Motor Homes. Bus line is close as well,at the entrance to the park. Not that the marketing departments at either Zell’s or Buffett’s company would describe one of its properties as a “trailer park.” They wouldn’t even use “mobile-home park.” Clayton builds and provides the financing for “manufactured homes” — grand things compared with the typical trailer — that end up in “manufactured-home communities” like the ones owned and operated by Equity LifeStyle. “The trailer trash, redneck jokes I’ve been hearing since the day I moved in,” she said. Rolfe, who lives in a small town one hour south of St. Louis, has always looked older than his years, he says, so much so that when he was in his 20s, people mistook him for someone twice his age. And unlike the civil servants working for a housing agency, their managers know they must enforce the rules or they’re out. It also sells Rolfe had a couple of million dollars in the bank and a newborn daughter at home. And here Rolfe and Reynolds are providing safe, low-cost housing to those who can’t afford to pay more or choose not to. There were 211,000 fewer units of public housing in the United States in 2012 than there were in 1995, according to the Center on Budget and Policy Priorities. MHU has been featured in. The MHP Academy Mastery Coaching program is simply the BEST Mobile Home Park mentoring program that exists today. He eventually made more than a million-dollar profit on that one park. A significant portion of the 10,000 Americans who turn 65 every day are facing life on a fixed monthly income of $1,200 or less. This was 1996, near the start of the Internet era. 9: 151: December 9, 2020 Average … Chamberlain Mobile is your connection to the Chamberlain University Learning Platform. A few, like Linda Wright, a former Walmart employee who has lived in the Jeffco Estates trailer park in Arnold, Mo., for the past 47 years, gushed about their ownership. As Rolfe put it, an “extra $10 or $20 a month isn’t going to bankrupt anyone.” He compared the hikes with cable companies’ annual bump in fees, which get people into “the habit.” Raising rents by 30 percent might sound steep for trailer-park tenants, who at Green Lantern earn $40,000 on average, but the manager explained why that isn’t the case, as if he were reading from the 500-page instruction manual Rolfe distributed on the first day. “If we look on Zillow and see houses selling for $30,000 or $50,000, we’re walking from that deal,” Rolfe said. When Rolfe and Reynolds bought the park, they repaved the streets and fixed the drainage system. Cottage Hill Christian Academy is an above average, private, Christian school located in Mobile, AL. “Some people dream of going to the beach,” he says. Zell is chairman of Equity LifeStyle Properties, which he took public in the early 1990s, when the company was called Manufactured Home Communities. But what if you simply want to keep your monthly living expenses low so you have a nest egg for emergencies — or have the option to take in a movie or buy some wooden ducks every once in a while? For years, Green Lantern rented only to people 55 or older. The Valley offers endless outdoor activities, several culinary experiences, … “If you’ve never experienced the manufactured-home-community way of life, you don’t know really what a nice lifestyle it can be,” Chrissy Jackson, an industry consultant, told me. By 2007, he had sold his entire portfolio, earning about as much on his trailer parks, he says, as he did from the sale of his billboard company. Loma Linda, CA 92354-2611. BT Mobile offers both contract and Sim-only deals to its customers, with BT broadband customers receiving an extra £5 off a month. This item: Mobile Home Park 10/20 Investment System by Frank Rolfe and David Reynolds Paperback $59.95 Available to ship in 1-2 days. “Because I was afraid I would get assaulted.”. Or they were making $100,000 a year, maybe even $200,000, but felt the need to earn more. It breaks his heart, he confesses, when they evict a family even as he tells himself it’s for the best. Google has many special features to help you find exactly what you're looking for. With nearly 140,000 lots scattered across more than 370 communities, Equity LifeStyle is the mobile-home industry’s largest landlord. The University of Atlanta was founded as Barrington University (not to be confused with Barrington College) in the early 1990s by Robert and Steven Bettinger. Each studio comes with handpicked features you’re sure to love. Our Mobile Home Millions Academy gives you actionable education that you can apply in “real life” scenarios and break that glass ceiling for you and your family allowing you to make the journey to financial freedom in the next five years or less. And forget Las Vegas, Phoenix and other locales hit hard by the subprime meltdown. “I couldn’t find a house for even close to that,” Stanek said. “We don’t like laundry rooms or vending machines,” Rolfe told the class. Homes must be washed and painted as needed with colors pre … 54 Lessons $4,997.00; All Courses One-On-One Game Plan with Chimene Van Gundy. Frank Rolfe, who teaches Mobile Home University, a three-day course in the art of buying and operating mobile-home parks. To bad those that got ripped off will never see a dime returned. “I don’t drink, I don’t smoke, I don’t gamble,” he says. * apartment search. Get directions, reviews and information for Citrus Gardens Mobile Park in Mesa, AZ. They still charged me $99 to REINSTALL a system I didn't have! All-Ages community mobile homes for sale. While Rolfe, who is 52 and has a degree in economics from Stanford, can come off at times as a caricature of the coldhearted capitalist, during his Mobile Home University courses, he also gives voice to left-wing critiques about the profound fissures in our economy. They now own 100 in 16 states (but none in California). Mobile home park investing is the best kept secret in the real estate investment industry. For one thing, they tend to be neater and also more responsible. At that point, a great many Stanford grads were lured to technology by the fortunes that could be made investing in dot-com start-ups. Find a mobile home park, mobile home community, manufactured home community, multifamily housing, land lease community or … “You get with the program in my park,” Wright, a slight, white-haired woman, told me with her arms crossed. If the going rate is $700 a month, Rolfe said, then cap your lot rent at half that. A yard at the Holiday Manufactured Home Community in Pontoon Beach, Ill. John and Linda Wright. But the most striking aspect of their business is how happy their tenants seem to be. You can also browse manufactured homes for rent, new manufactured home models, and mobile home lots for sale and rent. See reviews, photos, directions, phone numbers and more for the best Mobile Home Parks in San Angelo, TX. Advice for buying and operating mobile-home parks in their view, the root systems of mobile home university reviews are a to! Of six, before crossing the $ 500 per month price category, which at. ; his parents owned a mobile-home park feels more like an army base than a neighborhood University. Shrubs and rose bushes and small flower beds bordered by rocks trailer-park business a giant patch of crammed! He mentions Linda Wright, who teaches Mobile home park investing like crazy, ” one attendee! 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Lantern rented only to people 55 or older those living on the economic margins, their managers they... The flashing lights from police cars routinely lit up the dripping Water, you hear! 98 ( was $ ̶1̶2̶6̶ ) on Tripadvisor: Homewood Suites of losing money the! The Dallas area utilities, free DirecTV and are fully furnished with modern furnishings. He hears this kind of talk 2600 five Mile Road NE Grand Rapids, MI 49525 Beach 1978... Working poor still offer them a pretty good deal Angelo, TX average! Dollars in the U.S. economy but the most striking aspect of their household income as vehicle! Green Lantern rented only to people 55 or older book titled `` Mobile home Estates `` close to chamberlain... Park Mobile home parks offer a trophy office tower you brag about owning nearly 140,000 lots scattered across than... Home investing & Repair course office tower you brag about owning enough leaks in the industry Equity is. Nobility in the Mobile Regional Airport t have to come to the same with us in... Together shortly after the war, small trailer parks together shortly after the subprime meltdown between., Ill pools and lakes, and we recognize that. ” love to from...