Others even expressed feelings of superiority to those burdened with big mortgages or hefty monthly rents, including Barbara Watz. Mobile Home Roof Replacement for Bradenton, FL & the Surrounding Community. “The first thing I did was get a concealed-handgun license,” Rolfe says. I am a widow barely making it on social security but they still take $49 out of my account every month. The parks they take over tend to be in lousy shape, and they spend hundreds of thousands of dollars fixing them up. Bible study, a community garden or a swimming pool are some of the features senior mobile home parks offer. The typical resident is more likely to endure the increase than pay a trucking company the $3,000 it can easily cost to move even a single-wide trailer to another park. So how do you harness the affordable housing trend? “I don’t travel, I don’t restore cars, I have no hobbies. The MHP Academy Mastery Coaching program is simply the BEST Mobile Home Park mentoring program that exists today. 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. Its website features a montage of sun-splashed photos filled with tennis courts, swimming pools and lakes, and its properties often include clubhouses. “For $25,000 a year, she had to be in that store eight hours a day, driving there, had a boss. “You get with the program in my park,” Wright, a slight, white-haired woman, told me with her arms crossed. The Valley offers endless outdoor activities, several culinary experiences, and shopping all while keeping the charm of a small town. Bill. Loma Linda, CA 92354-2611. At 35, he had to decide what to do with the rest of his life. This weekly podcast explains the intricacies of this unique real estate niche and details why an investor would want to own a mobile home park, … As for features like swimming pools? With nearly 140,000 lots scattered across more than 370 communities, Equity LifeStyle is the mobile-home industry’s largest landlord. Rolfe was still winding down his business in 2006 when he met Dave Reynolds at an industry conference. The Homewood Suites Mobile Airport-University Area offers comfort and relaxation in the Providence Park area, just minutes from the Mobile Regional Airport. University Oaks is located in Mobile, AL, providing a vibrant backdrop for your new life as a valued member of our caring community. One in five households, he told the class, lives on less than $20,000 a year. mobile-home industry’s biggest manufacturer and lender. Frank Rolfe, who teaches Mobile Home University, a three-day course in the art of buying and operating mobile-home parks. University Mobile Home Park is a Pennsylvania Domestic Fictitious Name filed on April 18, 1961. “What was she making at Walmart: $13 an hour?” Rolfe asked. “We go through managers like crazy,” Rolfe says. “We can’t imagine wanting to live anywhere else,” said Wright, who scoffed when I pointed out she’s on the company payroll. Whether you own 100 mobile home parks or are just thinking of buying one. “I felt like I found my place in the world,” he recalls. 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. delivered to her a box of wooden ducks dressed in yellow raincoats.) Sometimes you hear the trains too. The Mobile Home Park Investors Podcast is the world’s first podcast dedicated to mobile home park investing. 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: Join our mailing list and receive a free book titled "Mobile Home Park Investing". mobile home university. Access 123 trusted reviews, 0 photos & 17 tips from fellow RVers. 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. MHVillage provides an extensive, nationwide network of mobile home dealers to help you find your best possible home match. Trees? “Don’t get too hung up on appearances,” Frank Rolfe reminded us as our tour bus made its way to the first of several trailer parks we would visit on a bright Saturday afternoon in Southern California. A used three-bedroom trailer can cost between $10,000 and $20,000, depending on its age, and take 10 years or so to pay for. Sometimes you hear the trains too. Rolfe says he shudders at the thought of losing money to the multimillion-dollar negligence suits that result from cutting corners. 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. 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. 2 reviews of University Mobile Home Estates "Close to the hospital, within walking distance. To a person, the residents I met declared themselves satisfied with their landlords. 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. She moved to Pontoon Beach in 1978, a single woman in her 40s working at a blood clinic. Senior mobile home parks in Colorado offers single- and double-wide homes in a community. Book My Stay; Essential Extras Package Enjoy free hot breakfast plus late checkout, premium Wi-Fi*, and a $10 daily shop credit. 5: 173: December 9, 2020 Purchase Sale Agreement Park. 23 people follow this. “I couldn’t find a house for even close to that,” Stanek said. Somewhere between 30 and 40 people sign up for the course when it’s held in Denver, say, or Columbus, Ohio. This information can be found all over this site, from our free mobile home park investing articles to our free mobile home park investing book that is available to download. Still, people make the effort to personalize their homes at Pontoon Beach. The university offers a 3-day “immersion event,” the Mobile Home Park Boot Camp, for $2,499, where future trailer park moguls visit properties and are assured generous returns on park investments. Affordable Housing is the hottest arena in commercial real estate right now. Why? Beware because they will automatically renew your contract and you will never get roid of them. You have to know the ins and outs of what separates the winners from the losers before you invest. At the Orange County sessions I attended, those enrolled included a pastor from a small church outside Portland, Ore.; a 26-year-old who made a small fortune playing online poker; and an Iraq war veteran who had recently completed a five-year stint in the military. 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. A Rolfe-Reynolds park is, if nothing else, well run. Rolfe avoids buying any parks in New York and California; both states are too “tenant friendly,” he said — too much in the way of time and money are required to evict someone who is behind on the rent. Green Lantern is a giant patch of asphalt crammed with 130 trailers. Forgot account? 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. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. When Rolfe and Reynolds bought the park, they repaved the streets and fixed the drainage system. Drug use was rampant, as were fights; the flashing lights from police cars routinely lit up the nights. 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. See more ideas about Remodeling mobile homes, Kitchen remodel small, Mobile home makeover. The Mobile Home Park Investors Podcast is the world’s first podcast dedicated to mobile home park investing. 54 Lessons $4,997.00; All Courses One-On-One Game Plan with Chimene Van Gundy. MHEI is dedicated to provide ethical business advice that has been properly tested. That number is not likely to grow, we learned in Southern California, given restrictive zoning laws and the prohibitive cost of building a new park in the boonies, meaning supply is static even as demand for cheap places to live is high. There’s some nobility in the Rolfe-Reynolds business model. But then a couple of years ago, Reynolds calculated the hours he was devoting to teaching a three-day course six times a year during boom times for the trailer-park industry. Linda is the manager of the Jeffco Estates trailer park in Arnold, Mo. But when he discovered the price of apartment buildings and compared them with the cost of trailer parks, he found himself reconsidering. Reviews (509) 924-2899 Website. 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. Book Now End of tab panel; Weddings Give your wedding guests all the comforts of home when they stay at Homewood Suites. 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. It finances more mobile-home purchases than any other lender by a factor of six. We love doing it! “The trailer trash, redneck jokes I’ve been hearing since the day I moved in,” she said. 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. 7 The average price per square footage was only $49 for mobile homes compared to $107 for site-built homes in 2016. More than half of that was profit. Google allows users to search the Web for images, news, products, video, and other content. For years, Green Lantern rented only to people 55 or older. With MHVillage, you can browse the best selection of mobile home parks with homes for sale or rent. BT Mobile review. 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. This weekly podcast explains the intricacies of this unique real estate niche and details why an investor would want to own a mobile home park, either directly or through a real estate fund. If anything, Reynolds knew more about trailer parks than even Rolfe. 3 years into the "contract" I moved from my home of 40 years to a smaller place. Topic Replies Views Activity; Rate increase increment? Mobile Home Parks in Edwardsville on YP.com. Bus line is close as well,at the entrance to the park. 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. Welcome to the Official App for Chamberlain University. “Some people dream of going to the beach,” he says. The two competitors agreed over lunch that they could do a much better job teaching people the nuts and bolts of the trailer-park business than the pair who had asked them to serve as guest speakers. By that point, the two of them were searching the country for parks to buy. 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. Those living in public housing are generally required to pay up to 30 percent of their household income as their share of the rent. Community. Curt Marty was a maintenance worker at the Jeffco Estates trailer park, but he left in December. Find the best campgrounds & rv parks near Mobile, Alabama. “Remember, you don’t have to live in these homes.”. They now own 100 in 16 states (but none in California). Watz drives a 2010 Honda S.U.V. Mobile Home Elite Investors is a resource created by Byron Sellers & Sharnice Williams that teaches individuals how to start investing with mobile homes. To this day, he confesses, “I get sad on weekends because there aren’t other people around working.”. 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. “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. Mobile Tourism: Tripadvisor has 48,396 reviews of Mobile Hotels, Attractions, and Restaurants making it your best Mobile resource. Our first stop was Green Lantern Village in Westminster, a city of 90,000, landlocked between Santa Ana and Huntington Beach. More typical was the view of Alisha Stanek, a 22-year-old high-school dropout with an 8-month-old daughter. Trailer-park residents living in the North, he told everyone, are rock-solid citizens compared with their counterparts in the South. The pool is heated, but not enough to bother during cooler months. It's very quiet, you can hear the helicopters from the hospital, and sirens from ambulances as well. 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. 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. Why You Should Never Build A Mobile Home Park. 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. Mobile Home Roofing in University Pl on YP.com. They removed the most dilapidated trailers. 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. At first, Rolfe and Reynolds both taught the curriculum they created. 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. “I didn’t have many friends.” He was the first one in the office each day and usually didn’t leave until ordered to go home. should I raise it $25.00? 9: 151: December 9, 2020 Average … This organization is not BBB accredited. They still charged me $99 to REINSTALL a system I didn't have! Rolfe was still in high school when a teacher helped him get a summer job at a local advertising agency in the Dallas area. (One day when we were talking, U.P.S. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. mobile home university. Mobile Home Parks in San Angelo on YP.com. 2 reviews of University Mobile Home Estates "Close to the hospital, within walking distance. 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. So—you’ve got enough leaks in the roof that if you saved up the dripping water, you could draw a bath. The answer is in buying mobile home parks. We have over half a century of combined years experience in many different niches including mobile home parks, RV parks, billboards, self storages, apartments, single family housing and office space. As a student in the Academy Master program, you will be working side-by-side Kevin and Charles and their experienced team as they show you how to successfully invest in parks and build HUGE sustainable cash flow. Mobile homes and mobile home parks are in a league all by themselves. Her only complaint about living in a mobile-home park? If the going rate is $700 a month, Rolfe said, then cap your lot rent at half that. “Because I was afraid I would get assaulted.”. We gathered in a circle around Rolfe and the lot’s manager and listened as the manager explained that rents at Green Lantern had been bumped up by more than 30 percent over the past three years. Now 76 and retired, Watz pays $285 a month in lot rent and spends her days reading murder mysteries and tending to her plants. Log In. It breaks his heart, he confesses, when they evict a family even as he tells himself it’s for the best. That meant more work for Rolfe, who was happy to pick up the slack. His strategy drew the interest of a private equity firm that provided him with the money he needed to expand his empire. HOA fees are common within condos and some single-family home neighborhoods. After the war, small trailer parks popped up on college campuses to accommodate the influx of former soldiers under the G.I. They were nervous about retirement. Case in point, apartment rents and occupancies have never been higher -- and the U.S. average apartment rent is over $1,000 per month. In addition to being close to libraries and outdoor recreation, mobile home parks may also offer their own activities for community members. 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. 24414 University Ave Ofc. Claim Your Discount; BOOK TODAY & SAVE Get up to 15% off your spacious suite. Great news for Lonnie and Joan. Find a mobile home park, mobile home community, manufactured home community, multifamily housing, land lease community or … Helpful Links. 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. "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. I couldn't take their crappy system with me. For one thing, they tend to be neater and also more responsible. They provide step by step advice for buying and selling mobile homes. And forget Las Vegas, Phoenix and other locales hit hard by the subprime meltdown. That's because we don't just talk about the mobile home park business -- we do it. About. In 2003, Warren Buffett paid $1.7 billion to buy Clayton Homes, one of the country’s largest manufacturers of mobile homes. Menu & Reservations Make Reservations . Mobile Tourism: Tripadvisor has 48,396 reviews of Mobile Hotels, Attractions, and Restaurants making it your best Mobile resource. Not Now. John Fedro 6 Comments. Or they were worried about their jobs moving overseas. He mentions Linda Wright, who manages his park in Arnold, Mo. “It’s about self-preservation,” one 42-year-old attendee told me. 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. 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. Cottage Hill Christian Academy is an above average, private, Christian school located in Mobile, AL. After owning Glenhaven for a few months, Rolfe realized there was no reason to carry a gun to work. They don’t cut them down, but they don’t plant many either. Including free utilities, free Wi-Fi, free DirecTV and are fully furnished with modern contemporary furnishings. “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. If nothing else, the look and feel of the communities she was talking about are several notches above the trailer park most of us imagine. “The bottom line is Americans as a group are getting poorer,” he told his students — and while that’s bad news for those living on the economic fringes, it also means opportunities for those willing to take advantage of the trend. See more of University Mobile Home Park on Facebook. 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. A trailer is still a trailer, even with the vinyl siding and pitched roofs that are now common, and all but the priciest parks include the familiar Truman-era rectangular metal mobile homes and wooden ones that are also decades old. Somewhere between 30 and 40 people sign up for the course when it’s held in Denver, say, or Columbus, Ohio. A home at the Jeffco Estates trailer park. Yet Rolfe has a point when he argues that it’s often better than most of the alternatives. To bad those that got ripped off will never see a dime returned. I heard the occasional complaint during my time at Pontoon Beach — kids riding their bikes in the street, potholes patched instead of streets repaved — but they sounded like what you might hear at the monthly meeting of a suburban homeowner’s association. Citrus Gardens Mobile Park 4065 E University Dr Mesa AZ 85205. 5: 196: November 30, 2020 “The trailer park is people’s last choice,” Rolfe says, “and we recognize that.”. Zell is chairman of Equity LifeStyle Properties, which he took public in the early 1990s, when the company was called Manufactured Home Communities. A few months after completing Rolfe’s course, I traveled to St. Louis to spend some time in a couple of parks that he and Reynolds own. 23 people like this. Chamberlain Mobile is your connection to the Chamberlain University Learning Platform. Ships from and sold by Amazon.com. “Ours is a strict ‘no pay, no stay’ policy,” Rolfe says. Menu & Reservations Make Reservations . “If we look on Zillow and see houses selling for $30,000 or $50,000, we’re walking from that deal,” Rolfe said. Mobile Home University costs $2,000. Photos. “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. 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. 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. 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]. Get directions, reviews and information for University Mobile Home Park in Spokane Valley, WA. But mobile home parks have become a target investment for real estate companies who are jacking up fees. “There were better uses of my time,” he concluded. 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. Told the class, which is the mobile-home industry ’ s making close to libraries and outdoor recreation,.. Finances more mobile-home purchases than any other lender by a factor of six people 55 or older curriculum they.! Materials, and Mobile home park is a tall, slouchy man sad! Money in decent than slumlording, ” she said often better than most the. 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