Table of Content
- Parker Walbeck – Full Time Filmmaker 2018
- Best Selling Products
- Dan Ray – White Hat Link Building System
- Get Frank & Dave – Thae Mobile Home Park Investing Home Study Course Bundle 2 at the Course Farm
- Dave Reynolds
- Lillian Too – Feng Shui For Real Estate Success
- Get Frank & Dave – The Mobile Home Park Investing Home Study Course Bundle 2 at the Course Farm
Come join us for a celebration of some feel-good moments and the positive things that happened in 2020 in the mobile home park industry. The Frank & Dave Christmas Show only comes once a year, and we’d love to have you grab a glass of eggnog and spend a few moments with us around the fire. Also, please do not attempt to download to a mobile device. These should be saved to a computer and then synced to devices such as phones and tablets.
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. He is currently ranked, with his partner Dave Reynolds, as the 5th largest mobile home park owner in the U.S., with over 250 communities spread out over 25 states. But it all began with one mobile home park, Glenhaven, in Dallas, Texas. Nobody is going to buy a $237 million park with all-cash. The key to good returns in the mobile home park industry is the power of leverage.
Parker Walbeck – Full Time Filmmaker 2018
In addition to being recognized as industry leaders, MHPFs Principals are also highly regarded educators and consultants, having authored books and written articles on MHPs, conducted MHP “boot camps” and seminars, and served as mentors and advisors to other MHP investors. From the New York Times to Bloomberg, mobile home park investing is starting to be recognized as an attractive real estate sector. You can also add as many other products as you like and make a one-time payment. Those concerns raised, the manufactured home industry is potentially poised for better times. But problems like the ones noted above, in the articles linked herein, or from the related reports further below the byline, have and could continue to cause significant problems to white hats in the industry. That has or could proved harmful to the performance of manufactured home communities in general, and the ethical players in the industry in particular.
Prior to his entry into the mobile home park sector, Frank built from scratch the largest privately-owned outdoor billboard company in Dallas/Ft. He additionally bought a large Los Angeles outdoor billboard company, Leonard Outdoor, as a turn-around in 1999, and eventually sold it to Heywood Outdoor of San Bernadino. Frank is a Key Principal of AHCF Management, LLC, the Fund Manager for the Affordable Housing Community Funds, and MHP Funds, LLC, the marketing arm for those Funds. MHP Funds and their affiliated companies are believed to have a portfolio containing the 5th largest number of mobile home lots, and the 3rd largest number of Mobile Home Parks in the country, with over 19,000 lots in over 165 parks in 28 states. Dave is a Key Principal of AHCF Management, LLC, the Fund Manager for the Affordable Housing Community Funds, and MHP Funds, LLC, the marketing arm for those Funds. Our goal at Mobile Home University is to provide valuable information and make it affordable.
Best Selling Products
, if you don’t get anything out of the program, or if your order has any problem, or maybe for some reason, you just don’t like the way it is. Over 200 pages to cover every aspect of doing due diligence on a mobile home park. To send MH news, tips, links, documents, facts, comments, or other factory-built housing related suggestions. Indeed, Kelley has contributed to MHProNews numerous times over the years, and has commented on political topics too. He published an article by Berkshire Hathaway unit manager Joanne Stevens, which without mentioning MHI, was clearly slamming them for what her article in MHR saw as a failure of industry preparation for obvious attacks on the industry.
Either one of these videos dwarf many times over all of the combined views of videos that MHI has ever produced. There is more, but with that set-up, let’s look at what Frank and Dave had to say, which will be followed by some additional MHProNews analysis. Let’s note that using the principle of wheat and chaff, quoting the duo or other sources should not be construed as an endorsement. Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy.
Dan Ray – White Hat Link Building System
The reason the banks were comfortable in this deal is that the mobile home park industry has the most consistent revenues of any sector of real estate. That allows lenders to have the faith in the product necessary to make staggeringly large loans such as these. They have long established relationships with key market participants such as banks, insurance companies, real estate agents and brokers, and are able to source attractive investments through their own popular MHP listing websites. Their extensive experience in both the ownership and operation of MHPs makes them uniquely situated to quickly assess investments, determine their risks, evaluate possible turn-around plans, and analyze future growth potential. MHPF's Principals have an extensive 20-year track record of success in the mobile home park industry, and have over 55 years of combined real estate investing experience.
As the industry’s multiple-decade veterans know, a prior wave of bidding up the price of communities by overleveraging, while stiffly raising site fees on consumers ends up with numbers of manufactured homeowners that often loose their investment, which can over time mean that loans on those properties go bad. After payment, We will send download link to your email within 5 minutes. After payment, the download link will automatically be sent to your email.
Along the way, Frank began writing about the industry, and his books, coupled with those of his partner Dave Reynolds, evolved into a course and boot camp on mobile home park investing that has become the leader in this niche of commercial real estate. Frank has been in the mobile home park industry since 1996, when he purchased his first park in Dallas, Texas. Since that time, Frank has owned and operated over 130 mobile home parks throughout the Great Plains and Midwest. Recently, he and his partners were the subject of articles in the New York Times, Bloomberg, and numerous other publications and television shows, focusing on the affordable housing industry in the U.S. The overall objective for each property is to provide an excellent return on investment for investors, while at the same time providing every resident with a safe and affordable place to live.
It was a small park with about 50 lots purchased using credit card cash advances - nothing that would suggest he would one day own over 21,000 lots. The big takeaway from the announcement of a $237 million mobile home park is the fact that mobile home parks are worth a ton of money – despite the fact that few Americans even know what they are. The value of an occupied mobile home lot today is, based on rent amount, roughly $30,000 to $60,000 – that means that even a small 20 space property can easily be worth $1,000,000+. Another big picture observation is the growing consolidation of the industry, as the seller was Carlyle Group (the largest private equity group in the U.S.) and buyer was another large private equity group. (It takes 8-48 hours) We will try by our best to have download link on time. One immportant thing, you can Online Chat with me and receive download IMMEDIATELY.
If you are interested in learning to invest in Mobile Home Parks yourself, visit Frank Rolfe & Dave Reynolds’ educational company, MobileHomeUniversity.com which offers books, courses and live seminars on investing in this unique real estate asset. Dave has been in the manufactured home community industry for almost two decades when he purchased his first MH Community in Limon, CO using cash advances from credit cards and seller financing. Since that time, Dave has owned and operated over 250 MH Communities from coast to coast with a focus on the Great Plains and Midwest.
Dave Reynolds is a household name in the mobile home park business for many reasons. First is the fact that he, along with his partner Frank Rolfe, are the 5th largest owner of mobile home parks in the U.S. with over 25,000 lots spread out in over 25 states. But he is equally well known for his ownership of MobileHomeParkStore.com - which was the first mobile home park listing service in the U.S. - and features between 750 and 1,000 mobile home parks for sale.
For the courses need to update, we will update and send you update contents by ourselves. Eric has been involved in areas such as investor relations, capital raising, and property acquisitions, including underwriting and due diligence of MHPs. Eric has served as an educator, mentor and consultant to other real estate investors and professionals, and has been a featured speaker, panelist, author and radio-show guest.
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