For over a decade from the moment that financial institutions popped up to finance new and used Youll also find our introductory book "The Mobile Home Park Investing 10/20 Method" and our more in-depth Mobile Home Park Investing Home Study Course [1,000 pages and 50 hours of CDs] and The Mobile Home Park Investor's Boot Camp [a three day immersion event]. Thank you. Car Charging Station, Dog & Cat Friendly The park consists of two smaller parks for a total of 35 spaces and 33 park-owned homes that I plan to sell to tenants immediately. Most accurate and up-to-date information on the mobile home park industry. 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. 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. It works in most up-to-date web browsers but they recommend using the latest version of Google Chrome for the best experience. But what are the alternatives to sidestep traditional lending? Kitchen Everyone went "above and beyond" to make sure the weekend was informative and on point. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. Perrine Apartments Phase III - NOW LEASING enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. In fact, our offerings at Mobile Home University are the #1 rated mobile home park educational products in the industry. I had many people comment to me about how nice the park was and how it was good to see what can be done. The boot camp was incredibly well organized and delivered in a wonderful, fun, non boring, fascinating way. 2023 RE/MAX, LLC. The U.S. demand for affordable housing is huge, but you cant rent or sell a mobile home unless its been renovated. 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. 9518 E 4TH AVE TRLR 98, Spokane Valley, WA 99206. I was doing all these as if I had 10 years of experience in Mobile Home Park business. But its perpetually harder to find those who will work on mobile homes as they seek better paying alternatives. 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. All information should be independently reviewed and verified for accuracy. Clubhouse University Mobile Home Park is near Spokane International, located 12.9 miles or 21 minutes away. (at which i'm doing the work of 3 people during a very busy time!) We are so glad to have come home with all the notes and books as we probably only assimilated 1% of all that! 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. In Unit Washer & Dryer Stainless Steel Appliances Order Online. If you have a disability that is preventing you from experiencing this This rental is accepting applications through Apartments.com. Why Do We Teach Others How To Buy Mobile Home Parks? That's because we don't just talk about the mobile home park business -- we live it, every single day. Each office independently owned and operated. anyhoo - thought you'd like to know! But not just any park will succeed. MHU has been the industry leader in accurate information about the mobile home park industry for over a decade, having been established by Frank Rolfe and Dave Reynolds, who are the 5th largest owners of mobile home parks in the U.S., with over $500 million in assets. The 10+ years of expertise and experience you both have in the industry clearly shows. (800) 397-2158 I am sure we are missing something you will have to be there to see it. I specifically wanted to achieve three goals, improve my MHP management planning and operations, become much more efficient (and competitive) evaluating parks/making deals, and start building my network of other park investors - I accomplished all three goals! I think that you guys did a phenomenal job, and it was far above and beyond anything that could have been expected- thank you very much! The differences between your method and Frank's was a bonus that was extremely valuable. I really was impressed with having a format and it flowed so beautifully back and forth impulsively and what appeared to be among great comrades. 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! I would like to knock these things out faster but have a day job !!! You'll likely want a car when living in this area since it has few transit options. I gained so much from my first time to the program that I decided to return! I cant thank Frank & Dave enough. Favorite. Start living the good life at University Mobile Home Park. First time in my life I saw a Mobile Home from inside. New landscape, new slathered stucco facade. 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. They arm you with the knowledge you need to go in confident that you will succeed. and Expand your search parameters, or consider saving this search to receive alerts when results become available. Your guide is Frank Rolfe, who is the 5th largest owner of mobile home parks in the U.S. I closed on the park on 12/3. The instructor will be Frank Rolfe, the 5th largest owner (with his partner Dave Reynolds) of mobile home parks in the U.S. with over 20,000 lots in 28 states. The park had a mortgage of over 500k on it and the owner hadn't made a payment in many months. 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. I would really like to find a way to partner on a deal with one of you experienced guys. We have broken down and analyzed every detail of the industry and exposed what works and what doesn't. 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. In the search for income, many investors overlook the simple fact that there is no income until your capital is safely returned. University Mobile Home Park. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. 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. So I fired the existing management. It is so refreshing to see you who has actually done what you are teaching. University Mobile Home Park has 3 shopping centers within 0.5 miles, which is about a 10-minute walk. University Mobile Home Park 520 Pine Ave Goleta, CA 93117-3727 Number of Lots: 81 Property ID: 36345 Posted On: Mar 9, 2011 Updated On: Mar 9, 2011 Listed By: Manager View Phone Number Forward Property Free Credit Score Do you own or manage this community? Take care Frank and I'm sure we'll be speaking to you soon. Fitness Center They pay out around $300,000 per year in such assignment fees. home could or should be salvaged and tricks weve learned about doing it the correct way. They started with just one park and just kept buying more. 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. I have implemented changes at my parks in the week since the course that will dwarf the cost of attending. This allows for live Q&A throughout through chat. Additionally, as we started finding parks that interested us, we followed your due diligence manual thoroughly. Your browser is out of date or unsupported. This area is served by the Central Valley attendance zone. This is extremely confusing to residents and often fails to accomplish what you desire as the owner. I'm juiced about digging into the due diligence of my first park. So how can you guard against acquisitions that are the opposite of portfolio-builders? I had everything I needed throughout the whole process. Affordable Housing is the hottest arena in commercial real estate right now. MHVillage uses services such as ad networks from other companies on some pages that may set and access their cookies on your computer. Receive all the tools you need to start making successful offers on mobile home parks. Yet many mobile home park buyers dont know what these are, how they work, and what the dangers are. Dave Reynolds is a household name in the mobile home park business for many reasons. This experience is one of the best training events I have attended. Mortgage rates are now at 7.25% which is about double from where things stood in January. Bike Score measures the bikeability of any address. Please switch to a supported browser or download one of our Mobile Apps. We both agreed that yours was different because you were honest, up front, didn't sugar coat anything and everything you presented is applicable right away! 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. 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 Although we had the natural questions of "are we wasting our money" when we first ordered your materials, within the first few chapters, we realized that we had found the right source for information. And obviously, based on this definition, life in 2023 will not be fair. I'll take this opportunity to thank your team for the very high quality boot camp training you presented. Dave G. My husband and I really enjoyed the boot camp. 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. In this Mobile Home Park Mastery podcast were going to focus on what causes stress in the mobile home park business, how to manage it, and how to reduce it. We're going to talk about snow loads, wind loads, and thermal zones. 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. MLS # 20263034 Thanks Frank and Dave for the return calls ,emails and general NO! This seems to be contrary to all the physics of extending credit but its supported by fact. Thanks Frank & Dave! The Virtual Boot Camp will run from March 3. All Rights Reserved. Easy commutes and travels are the norm in Dishman Hills since the neighborhood is convenient to I-90, Downtown Spokane, and Spokane International Airport. Very nice to work with them. Stanley Marcus the founder of Neiman Marcus once said take your markdowns on people and merchandise as quickly as possible. So many have fancy presentations with little backing it. The Boot Camp was really great. We all know the government enacted the HUD SEAL program back around 1976. 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. Copyright 2023 Santa Barbara Multiple Listing Service. That was great not to have to find our meals individually. Having experience behind me allowed me to absorb a great deal of subtleties from the discussion. 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. If you are going to invest in Mobile Home Parks You owe it to your pocketbook, not to mention your peace of mind, to get advice on the reality of the business. Thank you for your cooperation. It has taken us years to assemble, write and record these materials, and we are very proud of them. 2023 RE/MAX, LLC. Can be done there to see it $ 300,000 per year in such assignment fees really enjoyed boot! We started finding parks that interested us, we followed your due diligence manual thoroughly best experience many. Fact, our offerings at mobile home park industry the program that i decided to return on... And merchandise as quickly as possible confident that you will succeed in commercial estate... Things out faster but have a disability that is preventing you from experiencing this this rental accepting. 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