Mobile Home Park Mastery

It’s not uncommon to have lots of different sizes, but sometimes park owners have to make hard choices on how best to use their smallest parcels. In this Mobile Home Park Mastery podcast we’re going to discuss the different options for small lots and come to some mathematical conclusions on their most profitable uses.

In forging successful mobile home park deals, one of your most important tools is simply “thinking outside the box”. In this Mobile Home Park Mastery podcast we’re going to review some of the most successful creative tactics to make deals work for both buyer and seller. As we’ll discuss, today’s winning buyer is a mixture of one part scientist and one part sculptor.

The late John Naisbitt coined the term “megatrend” to describe “long-term and transformative forces” that he saw in the U.S. economy. But all megatrends start small and grow over time, like the Mighty Oak. In this Mobile Home Park Mastery podcast we’re going to explore the new “megatrends” that impact the mobile home park sector with predictions on their direction over time.

When you buy a mobile home park, one of the first decisions you have to make is whether to keep the existing manager or to replace them. Legacy managers often come with a book of knowledge but their potentially bad traits may make them toxic to your park’s performance. In this Mobile Home Park Mastery podcast we’re going to review the science behind making that choice correctly.

While municipal utilities are universally preferred, many mobile home parks have private water, sewer or both. Yet, in some cases, there is access to lines available to potentially convert the park over to the “city” utility equivalent. But should you consider doing so? In this Mobile Home Park Mastery podcast we’re going to review the important considerations needed to make the right decision.

Scott Turner is the new head of the U.S. Department of Housing and Urban Development. And he’s bringing a new vision and mission that will impact many aspects of the mobile home park industry going forward – in a very positive way. In this Mobile Home Park Mastery podcast we’re going to explore Turner’s new hot button topics.

While the Trump administration’s Department of Government Efficiency is trying to reduce cost on a national level, many of these same principles apply to mobile home parks. In this Mobile Home Park Mastery podcast we’re going to review the real-life methods to perform a DOGE study on your property and discuss many of the areas that virtually every mobile home park can do a better job in.

Every time a mobile home pulls out of a lot in your community, you lose a ton of money. Park owners have been pondering for years the magic of how to keep homes from leaving. In this Mobile Home Park Mastery podcast we’re going to review the methods attempted over the years and explore the only real solutions to keeping occupied lots from becoming vacant.

A mobile home park is like a chess board with many options to place your pieces, not just the ones that come with the owner’s manual. In this Mobile Home Park Mastery podcast we’re going to explore the reasons that you might want to change the positioning of your mobile homes, the typical rules regarding that customization, and where these slight park redesigns may be heading in the future.

We have been talking for years about the difficulty in building new mobile home parks. However, there has been a shift in the parable of how you can get a permit to build yet still be in a desirable area. In this Mobile Home Park Mastery podcast we’re going to explore the new face of park development and why that’s a great thing for the industry.

Dave Thomas, the founder of Wendy's, was the first to explore the necessity of "riding the wave". And his lessons learned transfer well to mobile home park management. In this Mobile Home Park Mastery podcast we're going to review what he meant, how he came to form this opinion, and how all mobile home park owners and managers need to embrace this important tenet.

Most community owners raise their rents annually, and typically in the Spring. As part of that process, they often have to get new leases and rules signed. Additionally, every time you buy a new mobile home park you are going to have to get new leases and rules executed. But how do you navigate that process? In this Mobile Home Park Mastery podcast we’re going to review the methodology to do this...

Much of the uncertainty in America ended with the November 5th election, and we now know who will be running things starting in 2025. But many investors don't realize that our starting point as a nation may be much different than what the media has conveyed to date. In this Mobile Home Park Mastery podcast, we're going to review where things may really stand and what we can expect in the New Year.

We all know that banks like mobile home parks at what they call “stabilized occupancy” – which is around 80% full – and have less affection for those properties that have not yet hit that status. When you are looking at buying a mobile home park with significant vacancy, one smart starting point is to make sure that your “vacant” lot count is reflective of what should be truly available.

Mobile home park owners have to deal with rules and regulations like any other business and making sure you are in full compliance is essential. In this Mobile Home Park Mastery podcast we’re going to focus on what the standard regulations are and which agency is responsible for them.

While most mobile home parks have direct access to roads and utilities, others share one or more of these with a neighboring property. In this Mobile Home Park Mastery podcast we’re going to explore the concept of shared services and how to navigate that issue correctly.

Baby Boomers are aging and they make up a large segment of mobile home park residents. Will mobile homes meet their needs in the years ahead? In this Mobile Home Park Mastery podcast we’re going to review if mobile homes can fit the needs of seniors and offer a great living experience for them.

Let’s assume you need to get your property looking good quickly. Maybe you have a bank inspection or a critical date for launching your marketing campaign to fill vacant homes. When you want to make major improvements in property appearance fast, here are some methods that cost very little but have a big impact and, in many cases, will last for a decent amount of time.

All businesses need to listen to their customers in order to better serve their needs–and mobile home parks are no different. In this Mobile Home Park Mastery podcast we’re going to review the intricacies of getting fair and balanced resident input to help better steer your mobile home community.

There is one rule that defends the rights of mobile home park owners more than any other: legal-nonconformance, also known as “grandfathering”. In this Mobile Home Park Mastery podcast we’re going to review why property rights are strong regardless of the state the park is located in, and why “grandfathering” is so hard for some city officials to comprehend and enforce fairly.

This year's Presidential election is probably the most stressful of all time as both parties could not be more diametrically opposite with platforms that share no commonality. However, regardless of who wins there is good news: not much is going to change. In this Mobile Home Park Mastery podcast we're going to review why you will be fine regardless of who win, so you can stop being upset about it...

The original layout for mobile home parks was a simple, straight street with homes placed on both sides of the lane. This is called a "shotgun" park and one of the greatest challenges to these early offerings is to make them attractive. In this Mobile Home Park Mastery podcast we’re going to review some of the best steps to increase the aesthetics of this style of property to both retain and attra...

It should be the goal of every mobile home park owner to make sure that no home ever goes vacant. Part of being the caretaker of the property is to also be the catalyst to a happy resolution to any risk of a resident leaving without warning or the ability to mitigate the damage. In this Mobile Home Park Mastery podcast, we’re going to explore the reality of keeping a steady stream of rent from eve...

In a world in which everyone has abandoned Nikon cameras for cell phones, taking good pictures has become a lost art. And the end result can be poor home sales as you try to fill your vacant lots. In this Mobile Home Park Mastery podcast we’re going to review how to take great photos and use them as an important tool to get your mobile homes sold.

There is a national push to attack landlords under what many call the “free rent movement”. This woke ideology is that landlords are inherently evil and that housing rent should be controlled by the government or – better yet – forced to be provided at no charge. In this Mobile Home Park Mastery podcast we’re going to explain, in detail, why this movement is going nowhere, despite what some politi...