Dont have enough money to buy the great deal youve found? 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. Not through adding expensive security personnel, but instead by enacting common sense strategies and enhancements to the mobile home park that help to deter and report crime when it occurs. In the near future I want to focus on improving the existing parks that we own (from the knowledge gained from the boot camp). I am now on the hunt for my first deal!!!! Personal information is information about you and is specific to you like your name, address, email address, phone number, website activities, etc, but is not otherwise publicly available. 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. Home readiness is, in fact, the number one problem for most park owners that have vacant units. booj. We have broken down and analyzed every detail of the industry and exposed what works and what doesn't. We even give you our cell numbers so you can reach us in a deal emergency. Mobile Home Park Investing Articles / Mobile Home Park Investing Videos / Mobile Home Park Investing Audios. I read every book they have and listened to every audio program. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Accessible to Avista Stadium, Interstate Fairgrounds, Splash Down, and a host of shopping centers, there is never a shortage of things to do in Dishman Hills. But the soaring price of Join our mailing list and receive a free book titled "Mobile Home Park Investing". In the search for income, many investors overlook the simple fact that there is no income until your capital is safely returned. In Unit Washer & Dryer All information is deemed reliable, but is not guaranteed. Laundry Facilities My brain is still reeling from the information overload. We host the class using Demio which is a browser based webinar and live video software. We are so glad to have come home with all the notes and books as we probably only assimilated 1% of all that! Thats the focus of this Mobile Home Park Mastery podcast. Looking forward to our next encounter, the best to each of you. I owe you big time Frank. It was fantastic. Pool The Valley. They can show you not only what to buy, but what to avoid, and how to quickly tell the winning deal from the loser before you put your money at risk. This is all included at no extra charge. View On Map Availability: 1 Homes for Sale Community Features Pet Policies Pets Allowed: Yes Pet Restrictions: 15 inches or less, under 20lbs Additional Details Off-Street Parking Playground Clubhouse When you attend our virtual boot camp you can be assured that it will be 100% information and 0% sales pitch. all of your materials and attended one of your boot camps. 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 of the mobile home parks in which those customers reside. 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. $1,495-$1,945 Information deemed reliable but not guaranteed. 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. ft. home is a 5 bed, 6.0 bath property. Thats why we have a range of attendees that include new investors, appraisers, bankers, stock analysts, and even current park owners who want ideas to improve their bottom line. If youre reading this, then youre thinking about going to the boot-camp, and if youre thinking about going, then just do it. Frank & Dave are the 5th largest owners of mobile home parks in the U.S., with over 25,000 lots in over 25 states. Dishwasher : Episode 272, The Impact of Higher 30-Year Single-Family Mortgage Rates: Episode 271, Whining Even When Youre Winning: Episode 269, How To Reduce Stress From Community Ownership: Episode 268, Options To Sidestep Conventional Banking: Episode 267, Sometimes The Best Deals Are The Ones You Dont Do: Episode 266, Before You Can Have Return On Capital You Must Have Return Of Capital: Episode 265, Whats Wrong With Being The Market Leader In Rents? Truly amazing, triple-wide, one of a kind home with attached garage now listed. In fact, our offerings at Mobile Home University are the #1 rated mobile home park educational products in the industry. However, knowing that the bank was in financial trouble I made an offer of 125k all cash, as is, and can close before the end of the yearthey accepted! Refrigerator They entered the world without a silver spoon & borrowed friend/family money for their first park. University Mobile Home Park. I'm juiced about digging into the due diligence of my first park. Expand your search parameters, or consider For anyone attending boot camp, I personally believe that the education of how to manage people alone is worth the cost, much less the added behind the scenes unfiltered curriculum of park buying. Stanley Marcus the founder of Neiman Marcus once said take your markdowns on people and merchandise as quickly as possible. MHU is devoted to providing you with the most accurate and up-to-date information The leasing team is available to assist you in finding the perfect fit. When we initially considered getting involved in the mobile home park business, we noticed there were multiple sites offering books, manuals and "boot camps", etc. For over a decade from the moment that financial institutions popped up to finance new and used I look forward to doing more business with you. 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. Located in Spokane Valley's 99206 Zip code, moving to this community gives you a wide variety of nearby experiences to enjoy. I cant thank Frank & Dave enough. Granite Countertops 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? Making any exceptions for residents or employees spells disaster for systematically improving the overall business. Yet many mobile home park buyers dont know what these are, how they work, and what the dangers are. Here youll find three shopping centers within 0.5 mile. You can imagine the demand in the $500 per month price category, which is the market that most mobile home parks serve. 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. Thanks Frank and Dave for the return calls ,emails and general NO! Why Do We Teach Others How To Buy Mobile Home Parks? 9518 E 4th Ave, Spokane Valley, WA 99206-3001 Overall, I thought the class was a tremendous value, shaving years off of the typical learning curve. I learned what to look for in the best mobile home parks, how to establish and increase deal flow, understand deal metrics, carry out preliminary mobile home park analysis, tie up a property via purchase and sale agreement, perform comprehensive due diligence, and create value through competent park operations. In this Mobile Home Park Mastery Podcast were going to discuss the many byproducts of higher home mortgage rates most of which are positive by nature and reflective of U.S. megatrends. I appreciated the lack of hype, the realistic scenarios and open discussion. 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. -Pratap, Thank Perry for the great pictures. That kind of exposure is priceless. Good News! But not all mobile home parks share that protection. You may also provide information about your home if you list it for sale or request a valuation. 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. University Mobile Home Park 9518 E 4th Avenue Spokane Valley, WA 99206 All Ages Community +1 Click to View Photos 5 people like this park. Copyright 2023 MLS GRID. I just wanted to take a moment to express my gratitude for all of the hard work you all did putting the boot camp together. What impact does this shocking news story have on the mobile home park industry? 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 this Mobile Home Park Mastery podcast, well go through the simple steps to do just that. Each office is independently owned and operated. When you register or interact with an MHVillage website, your provide information such as your name, address, email address, zip code, telephone numbers, and other information. It was packed full with real value that creates confidence and a method to take the next step and "tie up" a park. I have typed new rules - will work on new lease over weekend. Powered by Kacey W. I like to thank you and Frank for such a wonderful job you guys did. But not just any park will succeed. 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. I had some knowledge of MHP investments, but after taking the boot camp, I am more confident and I know what I did wrong with our MHPs. So I fired the existing management. Had I taken this training 3 years ago no crying over past tense on my part. Thanks Frank & Dave! My first step is to get through all the material you sent, then start looking for the deals. 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. Home to all kinds of plants and wildlife, Dishman Hills Natural Area offers hikers the choice of six trails with stunning views. Because our post Mobile Home Park Boot Camp Coaching is free, unlike most other real estate events, the focus is on information and facts. WE TEACH Mobile Home Park Investing. That was great not to have to find our meals individually. 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. There is a lot of material and I still have a day job! So how can you guard against acquisitions that are the opposite of portfolio-builders? Brand new sleek 3/2 available now available! They have made Investing in mobile home parks very easy for me. Walk Score Thanks againyou guys are awesome!!! Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. I owe Frank & Dave a huge thank you. Affordable Housing is the hottest arena in commercial real estate right now. Email me listings and apartment related info. home could or should be salvaged and tricks weve learned about doing it the correct way. Through their experiences they have dealt with every imaginable situation and some you don't want to imagine. 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. We have broken down and analyzed every detail of the industry and exposed what works and what doesn't. I would like to knock these things out faster but have a day job !!! Each office independently owned and operated. Site Leasing Specials Lease Option to Purchase / Purchase & Rental Homes Available Get Details on Site Leasing Specials This experience is one of the best training events I have attended. It is also near Gonzaga University and Spokane Falls Comm. The community's 382 home sites sit just blocks a. 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. Maintenance on site Its rampant, the system is overwhelmed, and in many states the judicial system itself has become dysfunctional. 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. Kitchen University Mobile Home Park is located in Dishman Hills in the city of Spokane Valley. Refrigerator 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). Before the class, buying a park seemed very unlikely, but now doable. 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. The tour of the parks on Saturday injected some real life examples to what we leaned in our manual. I've been talking with a few people from the boot camp and everyone thought it was good. Consider this our "owner financing". University Mobile Estates welcomes any questions or comments you may have. There will be live attendee open networking chat for the entire event. He gave me reference to inspectors, lenders, brokers etc. It, for the first time, made me feel like we weren't the only ones with all these questions and concerns. All properties are subject to prior sale, change or withdrawal. Be sure to share my words with Dave, Frank and Jim. You dont have to worry about lining up and paying for airfare and hotel, totally unlike a normal real estate event./li>. University Mobile Home Park is located in Spokane Valley, Washington in the 99206 zip code. One was not to panic when this kind of stuff happens. 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. The concept of sharing management is not restricted to just mobile home parks, as many other industries have tested and employed it. Thank you. Using the information I received I bought a fantastic park with great cash flow and tremendous upside. Maintenance on site In this Mobile Home Park Mastery podcast, well review the similarities and why both businesses are underappreciated a fact thats about to change. Why You Should Never Build A Mobile Home Park. Thank Perry for the great pictures. After thoroughly reading your manuals and listening to your CDs and attending your boot camp, we had few questions left about how to proceed and be successful in the business. I'm confident that the other skills I learned will save me many headaches and thousands of dollars and literally increase the value of the park. Fill out the form below to send a message to this community and request more information on this park or schedule a tour. I used his referrals throughout the transactions. 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.) Pool Interest rates have skyrocketed around 4 points in 2022 the largest jump in 40 years. My brain is still reeling from the information overload. This apartment community was built in 1962 and has 1 story with 107 units. Share details of your own experience with this property. $1,275-$1,875 Last year, more than 80,000 homes were sold on MHVillage with a combined transaction value exceeding $3 billion. Receive all the tools you need to start making successful offers on mobile home parks. University Mobile Home Park is within 14 minutes or 6.1 miles from Spokane Community College. Having experience behind me allowed me to absorb a great deal of subtleties from the discussion. They have over 25 years of experience combined and hundreds of deals done. What Are Walk Score, Transit Score, and Bike Score Ratings? Thanks for taking everyone to my park. It was worth the time and money. Dog & Cat Friendly The park had a mortgage of over 500k on it and the owner hadn't made a payment in many months. If you have a disability that is preventing you from experiencing this Stainless Steel Appliances, Dog & Cat Friendly The class will start at 9am Mountain Time each day. We subsequently purchased (and read!) Websters defines fair as impartial and just, without favoritism or discrimination. If there is anything that I may be of assistance with in this area, please do not hesitate to give me a call. In August I got the owner and the bank to accept a short-sale price of 210k. Number of Lots: 40 Property ID: 28191 Posted On: Mar 9, 2011 Updated On: Mar 9, 2011 Listed By: Manager View Phone Number Call 850-857-1008 View Phone Number Call 850-857-1008 Forward Property It showed that there is more then one way to view a deal. You will receive all the knowledge and tools you need to buy your first mobile home park or improve an existing one. On-Site Managers: Episode 285, Why Credit Scores Dont Mean Much In Affordable Housing: Episode 284, The Limits On Grandfathering Protection: Episode 283, The Many Similarities Between Mobile Home Parks And Dollar Stores: Episode 281, Theres Nothing Uplifting About Lift Stations: Episode 279, Snow, Wind And Thermal Zones: Episode 277, Addressing The Elephant In The Room: Episode 276, Sharing Is Not Always Caring: Episode 275, The Impossible Job of Being Both Good Guy and Bad: Episode 274, Protecting Your Community in a Lawless America: Episode 273, What If Interest Rates Never Come Down? 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. I realize how demanding a schedule like that is and appreciate your willingness to share. In Unit Washer & Dryer I look forward to attending your next conference/convention in addition to your weekly calls. The workbook material is thorough and well laid out. I wanted to email you and let you know how much I enjoyed the last boot camp you held. There are 24 cities in or around University Mobile Home Park. We are so certain that this will be the best seminar and learning experience that you will ever have that we are making available an option to make 3 monthly payments instead of paying in full up front. The U.S. demand for affordable housing is huge, but you cant rent or sell a mobile home unless its been renovated. By the end of the boot camp, we felt like we had much more clarity on what kinds of parks make money, how to analyze the numbers relating to a park, how to best negotiate with sellers and the key risks to be aware of. Everyone went "above and beyond" to make sure the weekend was informative and on point. You DEFINITELY accomplished your goal of "over delivering!" Please visit the contact us page to get in touch. Dave Reynolds is a household name in the mobile home park business for many reasons. I will recommend your class to anyone without any reservation. Hi you guys! Saturday and Sunday we have a teleconference Q&A call with Frank starting at 6:45pm until all questions are answered. 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! 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! 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