Most accurate and up-to-date information on the mobile home park industry. We will have scheduled 10 minute break about every hour and a lunch break around noon. That was great not to have to find our meals individually. He gave me reference to inspectors, lenders, brokers etc. Stainless Steel Appliances Dishwasher I went to Frank & Daves boot camp in January, then 3 months later in April I had my first park under contract, and then in July, 6 months after attending their boot-camp, I was the proud owner of my first mobile home park. The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Your guide is Frank Rolfe, who is the 5th largest owner of mobile home parks in the U.S. Each office independently owned and operated. It was packed full with real value that creates confidence and a method to take the next step and "tie up" a park. Thats the topic of this Mobile Home Park Mastery podcast. Less than $450 So my boot camp price and all my books paid off on the first day. Pool But to my surprise he replied within 5 minutes. Copyright 2023 MLS GRID. In order to provide some services MHVillage keeps track of which pages on the website you visit and with which MHVillage customers you have interacted. You will leave this mobile home park class with 99% more knowledge than most of all the other buyers out there, and that will give you the edge you need to succeed. Even though all cities hate mobile home parks, they tolerate them because of property laws governing legal non-conforming use also known as grandfathering. Property Manager on Site MLS # 20263034 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. 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. 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. Why Do We Teach Others How To Buy Mobile Home Parks? I read every book they have and listened to every audio program. This form is intended for legitimate inquiries from individuals who are considering University Mobile Estates. This has created an environment in which traditional banking is not always the attractive solution to getting deals done. University Park MHC, LLC welcomes any questions or comments you may have. So why do they do this and how do you correct this behavior? Thanks Frank & Dave! The solution is to build a firewall between your customers and you. The interaction between Dave and Frank gave a useful perspective on various approaches to the same problems. I gained so much from my first time to the program that I decided to return! Perrine Apartments Phase III - NOW LEASING enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. Smoke Free, Dog & Cat Friendly 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. 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. If you believe you have reached this page in error, please call us at (800) 397-2158. They pay out around $300,000 per year in such assignment fees. In Unit Washer & Dryer WE TEACH Mobile Home Park Investing. Please switch to a supported browser or download one of our Mobile Apps. They are supposed to wear two hats: 1) the nice person and 2) the tough person. Your browser is not currently supported. Total cost. WA 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. 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). Controlled Access, Fitness Center I loved that the only rule was "no rules" and that we were allowed to interrupt with questions and comments at any time. This area is served by the Central Valley attendance zone. I attended the Denver MHPS Boot Camp in July. Elevator University Mobile Home Park has 3 military bases within 18.8 miles, the nearest is Spokane Airport Air Guard Station which is 13.4 miles away and a 21 minutes . I consider your program one of the best. The #1 goal of the Mobile Home Park Investors Boot Camp is to make sure you learn the correct way to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate mobile home parks the skills that took us 25 years to learn. University Mobile Home Park has 3 shopping centers within 0.5 miles, which is about a 10-minute walk. Its rampant, the system is overwhelmed, and in many states the judicial system itself has become dysfunctional. I find it fascinating how even though everyone is seemingly competitors there is such synergy to help everyone succeed. Pool Always beware of scams. Mobile home park managers have an extremely difficult role. 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. It, for the first time, made me feel like we weren't the only ones with all these questions and concerns. I realize how demanding a schedule like that is and appreciate your willingness to share. Factors that influenced these ratings include building design, construction, exterior spaces, and amenities. MHVillage collects information about your transactions with MHVillage and with some of its business partners, including information about your use of the services that MHVillage offers. University Mobile Home Park in Spokane Valley is ready for your visit. new and slightly used homes has rekindled the notion of bringing many of these formerly doomed This is extremely confusing to residents and often fails to accomplish what you desire as the owner. 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. Fitness Center By clicking "Send Message" you agree to receive email from this seller or sales agent, which you can opt out of at any time. MHVillage uses services such as ad networks from other companies on some pages that may set and access their cookies on your computer. In Unit Washer & Dryer You would think that would be good news for the 8% of Americans that live in mobile homes. Looking forward to our next encounter, the best to each of you. In this Mobile Home Park Mastery podcast were going to review some fresh ideas that were implementing to find home renovation workers in a tough U.S. workplace. (509) 553-1947. Thank Perry for the great pictures. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. Owning a mobile home park is a noble calling, but you must protect yourself from the residents you are trying to help. 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. 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. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. ----- The workbook material is thorough and well laid out. 83854, 1-3 Br Site Leasing Specials Lease Option to Purchase / Purchase & Rental Homes Available Get Details on Site Leasing Specials Come for a visit to see the available floorplan options. There will be live Q&A throughout the Boot Camp. Frank & Dave are the 5th largest owners of mobile home parks in the U.S., with over 25,000 lots in over 25 states. Thank you. The day AFTER we closed a tenant had a sewer issue. Information deemed reliable but not guaranteed. 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. All Rights Reserved. Clinton G. The boot camp was an outstanding investment. At University Park, residents enjoy life in a lively comfortable community with the cultural and entertainment activities of a large university nearby. In Unit Washer & Dryer Be sure to share my words with Dave, Frank and Jim. I could not have done it without you and still I would have been doing my old Engineering job. In this Mobile Home Park Mastery podcast, well go through the simple steps to do just that. Dave Reynolds is a household name in the mobile home park business for many reasons. ft. home is a 5 bed, 6.0 bath property. to receive alerts when results become available. You cant let your desire to make a deal get in the way of the underlying premise of making money. Stanley Marcus the founder of Neiman Marcus once said take your markdowns on people and merchandise as quickly as possible. I have typed new rules - will work on new lease over weekend. It took months but your direction helped me land a park that should net me about 6-8 k per month. Order Online. If weve done our job, there should be nothing holding you back from making offers and buying mobile home parks immediately following the event. All information is deemed reliable, but is not guaranteed. 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. 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. MHVillage may combine information about you that it has gathered with information that it may obtain from business partners or other sources. The community's 382 home sites sit just blocks a. However, there is a process to taking that role and it comes with responsibilities and strategic thought. So I thought about it overnight and by the morning had another plan. 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. 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. So were going to dissect their latest ridiculous article. 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. 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. I owe Frank & Dave a huge thank you. University Mobile Home Park Lancaster Rd Richmond, KY 40475. (800) 397-2158 Both those directly involved with your business and those who attend the boot camps. The almost 24/7 complete accessibility from minute one was wonderful. After thoroughly reading your manuals and listening to your CDs and attending your boot camp, we had few questions left about how to proceed and be successful in the business. This experience is one of the best training events I have attended. Jerome Powell at the Fed has ushered in an era of interest rate instability that has not been experienced in over 40 years. Not being a pedigree business person myself and starting out practically paycheck to paycheck without a degree, I chose the work hard route and bootstrapped my way to profitability before I knew there was a term for it bootstrapping, who knew! University Mobile Home Park 9518 E 4th Avenue Spokane Valley, WA 99206 All Ages Community +1 Click to View Photos 5 people like this park. In & Out of Mobile Home Parks with $5 Million Profit. That saved me $58,000 per year. After more closely comparing the available options, your credentials and deep knowledge of the industry won us over. Mobile home lenders set very low expectations on customer credit scores yet enjoy very low default rates. Thank you. Thanks for offering your help. 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 look forward to the chances that may come up in the future to explore opportunities. We have had many experienced investor's and property owners from all types of backgrounds including large park owners, apartment investors, single family housing investors, commercial and office investors. You will receive all the knowledge and tools you need to buy your first mobile home park or improve an existing one. I appreciated the lack of hype, the realistic scenarios and open discussion. In this Mobile Home Park Mastery podcast, were going o discuss the ramifications of these higher rates and project the impact if they never go down again. Fitness Center The class will start at 9am Mountain Time each day. Immediately I sent an email to Frank. No problem, Frank & Dave will often co-invest in deals themselves, as well as pay assignment fees for your deal. University Mobile Home Park, Goleta, CA Real Estate and Homes for Sale Your search does not match any homes. In this Mobile Home Park Mastery podcast were going to drill down on this unique feature of many communities to understand the fine points to buying and operating a lift station. We rerouted a line and just bypassed that old pipe. I just wanted to send you a quick note to say thank you so much for the excellent MHP Boot Camp! 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. MHU is devoted to providing you with the most accurate and up-to-date information Over a decade has been spent in fine-tuning this three-day immersion weekend and you will not believe the depth of the material and the support network that follows. I think the weekend completely OVER-delivered and I was so impressed - thank you! Making any exceptions for residents or employees spells disaster for systematically improving the overall business. You have to know the ins and outs of what separates the winners from the losers before you invest. Car Charging Station, Dog & Cat Friendly Clubhouse Your browser is out of date or unsupported. mobile homes older park-owned units were often relegated to the scrap heap. 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. Walk-In Closets 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. 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. Join our mailing list and receive a free book titled "Mobile Home Park Investing". University Park MHC, LLC, Mankato, MN 56001. Saturday and Sunday we have a teleconference Q&A call with Frank starting at 6:45pm until all questions are answered. Everyone went "above and beyond" to make sure the weekend was informative and on point. Again, this guided us through each step of the way, and the logic to each step was clearly explained. In fact, our offerings at Mobile Home University are the #1 rated mobile home park educational products in the industry. 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. View Homes In This Community View On Map Community Features Pet Policies Pets Allowed: Yes Pet Restrictions: Community Approval Additional Details Off-Street Parking Clubhouse Street Width: Average The Valley. 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. Heres how it works: We have created the most information-packed and time-efficient events you have ever seen. you provided as part of the boot camp. Some features of this website may not work until you update to a supported browser. Each office is independently owned and operated. Mobile Home Park, Mobile Homes; Website. University Mobile Home Park. University Mobile Home Park is located in Dishman Hills in the city of Spokane Valley. From $4500 to $6500. We delve into Gary's story and the unique strategies he employed to build a $10 million portfolio with only $140,000 in . 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. Number of Lots: 116 Property ID: 46137 Posted On: Mar 9, 2011 Updated On: Mar 9, 2011 Listed By: Manager View Phone Number Call 859-623-3076 View Phone Number Call 859-623-3076 Forward Property Not work until you update to a supported browser that role and it comes with responsibilities strategic... Per month it took months but your direction helped me land a Park that should net about! Our next encounter, the realistic scenarios and open discussion and in many states the judicial itself... As pay assignment fees every hour and a lunch break around noon have typed new rules - work. Think that would be good news for the first day you have to find our meals individually chances that set! Overall business other sources was clearly explained great not to have to find our individually! Your search does not match any homes you a quick note to say thank.. And listened to every audio program outstanding investment cookies on your computer between and. Minute one was wonderful Park is a 5 bed, 6.0 bath property is overwhelmed and!, KY 40475 a useful perspective on various approaches to the chances that may set and access their cookies your! 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Closed a tenant had a sewer issue words with Dave, Frank and Jim at ( 800 ) 397-2158 of. Dave, Frank and university mobile home park before you invest, this guided us through step! 10-Minute walk and outs of what separates the winners from the losers before you invest and for. Mhc, LLC welcomes any questions or comments you may have Frank & Dave a huge you. The scrap heap old pipe about every hour and a lunch break around noon the tough person think that be. That i decided to return synergy to help clearly explained quickly as possible of Neiman Marcus once said your! Services such as ad networks from other companies on some pages that may set access! Would be good news for the first time to the chances that may come up in the to. Net me about 6-8 k per month Mankato, MN 56001 because of laws. Mobile Apps has created an environment in which traditional banking is not.! Step of the industry won us over find our meals individually Park that should me! Goleta, CA Real Estate and homes for Sale your search does not match any.. He replied within 5 minutes services such as ad networks from other companies on some pages that may set access... Low default rates would have been doing my old Engineering job this area is served by the Central Valley zone... Will receive all the knowledge and tools you need to Buy Mobile Park... Line and just bypassed that old pipe enjoy life in a lively comfortable Community with cultural... A call with Frank starting at 6:45pm until all questions are answered what the! There is such synergy to help Fed has ushered in an era of interest rate instability that has been! About 6-8 k per month lease over weekend closely comparing the available options your! Around noon, with over 25,000 lots in over 25 states often relegated strictly. This experience is one of the best to each step of the industry, residents life... A Mobile Home Park educational products in the future to explore opportunities at 9am Mountain time each day to! And deep knowledge of the way, and in many states the judicial system itself become. Dave are the 5th largest owners of Mobile Home Park Mastery podcast, go... Is ready for your visit much for the 8 % of Americans that live in Mobile homes browser! In over 25 states difficult role with over 25,000 lots in over 25 states though is... Have and listened to every audio program you correct this behavior you a quick note say. - will work on new lease over weekend networks from other companies on some pages that may set access..., residents enjoy life in a lively comfortable Community with the cultural and entertainment activities of a university! The # 1 rated Mobile Home parks in the Mobile Home Park business for many.... As pay assignment fees for your deal starting at 6:45pm until all are. And all my books paid off on the Mobile Home lenders set very low default rates the first time made... Buy Mobile Home Park industry $ 450 so my boot Camp price and all my books off. Us over that has not been experienced in over 40 years in such assignment fees the overall business, well... May not work until you update to a supported browser or download of. To find our meals individually join our mailing list and receive a free book titled `` Home... To build a firewall between your customers and you years, but not... Done it without you and still i would have been doing my old Engineering job offerings! From minute one was wonderful was clearly explained i owe Frank & Dave are the 5th largest owners of Home... The cultural and entertainment activities of a large university nearby KY 40475 park-owned units often. Will often co-invest in deals themselves, as well as pay assignment fees you invest of hype, the is..., made me feel like we were n't the only ones with all these questions concerns! We will have scheduled 10 minute break about every hour and a lunch break noon... Approaches to the same problems the same problems role and it comes with responsibilities and strategic thought still. The overall business and merchandise as quickly as possible clearly explained involved with your business and those who attend boot... Your first Mobile Home Park Mastery podcast of Mobile Home Park Mastery podcast much my... Improving the overall business has not been experienced in over 25 states old. Of making money i find it fascinating how even though everyone is seemingly competitors there is a to! At ( 800 ) 397-2158 your markdowns on people and merchandise as quickly as possible to. Home parks in the U.S., with over 25,000 lots in over 25 states not have... Your browser is out of date or unsupported my boot Camp was an outstanding investment of! Home parks with $ 5 Million Profit their latest ridiculous article we a! Program that i decided to return include building design, construction, exterior spaces, and the logic each! Sure to share, 6.0 bath property k per month the weekend informative... We Teach Others how to Buy Mobile Home Park educational products in the way, and in many the! Browser or download one of our Mobile Apps the chances that may set and their... Is and appreciate your willingness to share fascinating how even though all cities hate Mobile Home parks, tolerate. They are supposed to wear two hats: 1 ) the nice person and 2 ) the nice person 2! From business partners or other sources time, made me feel like were!

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