All Rights Reserved. I have taken my Ah-Ha moments and converted them into action that has repaid no less than 5 times the course cost in next 120 days each time. Using this messaging system for any other purposes, such as solicitation or filing complaints, is prohibited by the MHVillage.com Terms of Use. Pool In Unit Washer & Dryer Affordable Housing is the hottest arena in commercial real estate right now. They have over 25 years of experience combined and hundreds of deals done. 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. 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. 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). The Virtual Boot Camp will run from March 3. It is also near Gonzaga University and Spokane Falls Comm. Elevator, Dog & Cat Friendly 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. I wanted to email you and let you know how much I enjoyed the last boot camp you held. The Customer Experience Team Hi guys - just wanted to let you know that i am an official member of the mobile home park owner's club!!!!!!!! A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. The Valley. park. The investment for the Virtual Mobile Home Park Boot Camp is $1749. University Mobile Home Park is within 14 minutes or 6.1 miles from Spokane Community College. 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. 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. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. Laundry Facilities With over 20% of American households now making $20,000 per year or less, and another 10,000 baby boomers per day retiring into social security incomes that average only $14,400 per year, the demand for affordable housing is giant and growing daily. The variety of food was excellent. My first step is to get through all the material you sent, then start looking for the deals. You will come away with all the necessary skills and tools required for your success.. I was completely fascinated by all the first hand experience and stories from people (both you and attendees) really "in the trenches out there" like Brian and I. 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. 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. In Unit Washer & Dryer $1,495-$1,945 Property Manager on Site Owning a mobile home park is a noble calling, but you must protect yourself from the residents you are trying to help. While most mobile home park owners take comfort in letting someone else do the honors, theres nothing wrong with being the market leader in lot rents. Refrigerator 2023 RE/MAX, LLC. Had I taken this training 3 years ago no crying over past tense on my part. That's why Mobile Home University is 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. -Pratap. We have had many students buy mobile home parks within 90 days of attending this mobile home park training. Pool In August I got the owner and the bank to accept a short-sale price of 210k. What Are Walk Score, Transit Score, and Bike Score Ratings? 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. To your success. Thank you Frank for guiding me by my side and bringing me to the Mobile Park Industry. Claim this business. Kitchen Again, this guided us through each step of the way, and the logic to each step was clearly explained. This really is gonna be a good year, I really am getting a good feel of the industry and have clear picture where I want to go in it. Refrigerator America is at a breaking point on crime. This has created an environment in which traditional banking is not always the attractive solution to getting deals done. Thanks for the opportunity to show what we have done. In the near future I want to focus on improving the existing parks that we own (from the knowledge gained from the boot camp). Why You Should Never Build A Mobile Home Park. Smoke Free, Dog & Cat Friendly High-Speed Internet University Mobile Home Park 520 Pine Avenue Goleta, CA 93117 Age-Restricted (55+) Community 2 people like this park. 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 . MHVillage does not purchase personal information. They arm you with the knowledge you need to go in confident that you will succeed. You cant let your desire to make a deal get in the way of the underlying premise of making money. This deal was one that Frank evaluated for me and gave it a "thumbs up" as a good deal. You all were so approachable and it was wonderful to feel that. Take care Frank and I'm sure we'll be speaking to you soon. If you fit that profile, then the key initial question is what are the big differences between the two? In this Mobile Home Park Mastery podcast were going to review the differences between these two housing investment options. 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! At University Park, residents enjoy life in a lively comfortable community with the cultural and entertainment activities of a large university nearby. 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. Fitness Center University Mobile Home Park has 5 parks within 9.3 miles, including Dishman Hills Natural Area, Riverfront Park, and Manito Park. It is so refreshing to see you who has actually done what you are teaching. It is only with this frank (No pun intended) perspective that someone new to the industry can ramp up so quickly- boot camp! you provided as part of the boot camp. Recordings will be available of the entire event and included only to attendees of, How to Flip Deals or Get Paid Referrals on Deals, Detailed look at every Infrastructure Problem, Touring Several Mobile Home Parks virtually, Check out a Mobile Home Renovation Projects, See what Private Utilities look like and how they Run. The 10+ years of expertise and experience you both have in the industry clearly shows. Contact or drop by to schedule a tour. Thanks Frank and Dave for the return calls, emails and general NO! Please send a thank you to everybody there including, Frank, Perry, Jim, Amy, Todd, etc. This rental is accepting applications through Apartments.com. My brain is still reeling from the information overload. Information deemed reliable but not guaranteed. With all the tools he gave me in the boot camp, I found an IDEAL (Infrastructure, Density, Expense, Age, Location - if you go to the bootcamp, learn it right.) I have taken away something of value from each. You dont have to take extended time away from your job and/or family, totally unlike normal real estate events. We even give you our cell numbers so you can reach us in a deal emergency. I wouldn't be surprised at all if a partnership opportunity comes along because people have seen what we did. 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. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. It showed that there is more then one way to view a deal. Walk-In Closets, Dog & Cat Friendly University Mobile Home Park is located in Dishman Hills in the city of Spokane Valley. 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. homes back to life. 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. 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. 12.0 mi, Post Falls, MHVillages primary source of data about you is your interaction with MHVillage websites or emails. 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. Copyright 2023 California Regional Multiple Listing Service, Inc. All rights reserved. Most accurate and up-to-date information on the mobile home park industry. Frank reviewed those too. 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. And done it over and over and proven your methods. It was packed full with real value that creates confidence and a method to take the next step and "tie up" a park. Your browser is out of date or unsupported. 9518 E 4TH AVE TRLR 98, Spokane Valley, WA 99206. I would really like to find a way to partner on a deal with one of you experienced guys. A real "guru" is so rare nowdays. In this Mobile Home Park Mastery podcast, well review the similarities and why both businesses are underappreciated a fact thats about to change. This browser is no longer supported. I would like to knock these things out faster but have a day job !!! 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. While theres some bike infrastructure in this area, youll still need a car for many errands. Start living the good life at University Mobile Home Park. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: University Mobile Home Park, Spokane Valley, WA Real Estate and Homes for Sale. We can honestly say that without your guidance and teachings, we either would have purchased a park in completely the wrong way (as we feel most other "gurus" appear to teach) or we would have been floundering with the "next steps". Dave Reynolds is a household name in the mobile home park business for many reasons. The quality, imagination and expertise behind this home is unrivaled. Pullman, WA 99163. Thank you. 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. 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. Dishwasher Email me listings and apartment related info. There certainly appears to be a very unique profit potential in this market segment. It took months but your direction helped me land a park that should net me about 6-8 k per month. Barron's Mobile Home Park is conveniently located two miles from the Auburn University campus, one mile from the Auburn College of Veterinary Medicine, and is on the route of the AU Tiger Transit. The class is designed to encompass everyone from real estate newbies to current park owners to experienced real estate investors. 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. In fact, you will receive all of our products in digital format including: That is over $1,500 worth of products & services to those that attend the boot camp! Stainless Steel Appliances This is Frank Rolfe with the Mobile Home Park Mastery podcast. However, mobile home park manager sharing has its own unique issues to consider. We will have a special Roundtable event after the Boot Camp to give you Q&A access to a number of other industry professionals. There is a lot of material and I still have a day job! Mobile Home Park Investing Articles / Mobile Home Park Investing Videos / Mobile Home Park Investing Audios. 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. Additionally, as we started finding parks that interested us, we followed your due diligence manual thoroughly. BUT I remembered a few things I learned from the boot camp. 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. Or sign in if you already have an account. 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. 18.8 mi. Looking forward to our next encounter, the best to each of you. Some features of this website may not work until you update to a supported browser. Colbert, Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. 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. it took months but your direction helped me land a park that should net me about 6-8 k per month. I was thinking this was a crappy first day. University Park MHC, LLC, Mankato, MN 56001. I find it fascinating how even though everyone is seemingly competitors there is such synergy to help everyone succeed. It was worth the time and money. University Mobile Home Park is an apartment community located in Spokane County and the 99206 ZIP Code. It was fantastic. Our Complete Home Study Course Bundle #2 In Digital Format! He analyzed the deal for me. 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. Making any exceptions for residents or employees spells disaster for systematically improving the overall business. 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. The miles and minutes will be for the farthest away property. Please visit the contact us page to get in touch. You gave us so much "real" information that we can put to use immediately, as well as tons of things to file away for the future. Information deemed reliable but not guaranteed. We're going to talk about snow loads, wind loads, and thermal zones. There is no better source than Frank & Dave. Before MHU, we owe it to some friends of ours that first introduced us to the park business (financially retired in their late 20s). I specifically wanted to achieve three goals, improve my MHP management planning and operations, become much more efficient (and competitive) evauluating parks/making deals, and start building my network of other park investors - I accomplished all three goals! All Rights Reserved. Your browser is not currently supported. Trailer parks are big and. Fitness Center We also felt like we had the knowledge to operate the park after closing with the forms, leases, rules, etc. 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. Always beware of scams. 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. University Mobile Home & RV Park. Clubhouse Thanks Frank & Dave! Fitness Center Walk Score measures the walkability of any address. 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. 2023 RE/MAX, LLC. We all know the government enacted the HUD SEAL program back around 1976. 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. 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 And then I went to Frank & Daves mobile home park investing boot-camp. 2600 Five Mile Road NE I found Frank's style to be music to my ears. 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. "Frank Rolfe is passionate about mobile home park investment and helping his students succeed. ----- Very nice to work with them. you gave me when i got a little zealous and impatient. More Info. Its pretty clear that were heading for a U.S. recession in 2023. 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. 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