Written by Frank Rolfe and Dave Reynolds,
MobileHomeParkStore.com, LLC
10/20 Investment Method!
175 pages
The 10/20 Mobile
Home Park Investment System describes and shows you the Proper way to make money
and invest in Mobile Home Parks. It is a simple system to follow and after
reviewing the deals that we have done, we know it is the only way to
consistently profit in the Mobile Home Park Business.
What you now get
is two books in one. The 10/20 System and our 70 Deal Book with a new
bonus of over 30 deals that we cancelled and why!
Thanks Dave,
I have read the first 10 pages and am already very
pleased at the content and what I've learned. The
10/20 rule is a great idea and I can see very
clearly how this made you money. The profits are
actually made in the due diligence. As Robert
Kiyosaki also said in his "Rich Dad" series, your
profits are made when you buy, not when you sell.
Nice work! Thanks again and God bless.
Andrew |
|
Thanks Dave your 10 20 principle is awesome |
Inside the
"Over 70 Mobile Home Park Deal and 30 Bad Deal Bonus
Book" you will see how we made
millions in profits and
millions in mistakes
Fortunately for
us, the profit number was greater than the mistake number.
On each of the 70
deals we discuss the lessons learned. While many
lessons are the same time and time again, it will help you avoid these costly
mistakes!
 Like
everyone else, I’ve had some great deals and some real losers.
Fortunately, my track record of great deals has been a lot bigger. That’s
probably because I tried to take note on the loser deals of exactly what went
wrong. From this I established a pattern that allowed me to avoid a lot of
bad deals. In addition, I made many observations of what went so right on
the great deals, and tended to look for those qualifications out of the great
sea of mobile home parks that are available at any one time.
In real estate,
a lot of people talk about their profits without ever actually achieving them.
It is one thing to talk about your, “perceived” profit on paper if you ever went
to sell the park, and another to actually put it in the bank. All of my
deals in this book are 100% accurate because they really happened—they were
really bought and they were really sold at these prices. Few
people can make that claim. And believe me, when you go to sell that
“valuable” park of yours that you claim has a million dollar equity, you may
find that the lesson learned is that you are a really bad guesser of park
values.
Please notice
that I have made a list of lessons learned from my good deals and my bad deals.
Hopefully, you can overlay these thoughts on to the parks you are looking at
buying, to see if they have similar traits. There is no better
feeling than closing on a park that has all of the basics of a great deal, and
no worse feeling than closing on a park that doesn’t have a prayer of working
out for you.
Frank Rolfe
 Like
the deals Frank discusses, I’ve had some great deals
and some that were not so great. I have also
had several deals that I owned for a month or less
and some I never owned. As I continued to do
more and more mobile home parks deals, I started to
learn from my mistakes and focus my attention on
parks that had certain qualities and were in good
markets.
For me, I
lucked out a lot in the beginning as my due diligence was lacking in many
respects and I could have been burned more than I was.
As you will see
in many of the deals that I have done I have sold the parks and left room for
the new buyer to make money. If I had been more like Frank, I could have
maximized the sale prices and made 1-2 million more than I did. My problem
is I like to have things happen quick. When I sold my first single family
house it took about a week and my second one about 3 weeks. When I was
ready to sell and many times before I was ready, I wanted to price the deal at a
good price so it did not sit on the market long. When I was brokering
parks I did not like trying to defend an unreasonable price that I had a listing
on and so I made sure that the prices I listed my parks at were realistic and
made sense (with one exception that you will read about). Selling the
parks at slightly less than they were worth has saved me a lot of time and has
created many repeat buyers. In fact, I have sold two or more parks to six
different people.
I have made a
list of lessons learned as did Frank. I tried not to repeat myself too
often but as you will see from many of these lessons learned that they are the
same over and over.
Dave Reynolds
|
The Mobile Home Park 10/20 Investment System
- Frank Rolfe and Dave Reynolds |
|
Paperback $59.95
|
This book comes with a 100% money
back guarantee!
|
|
Hi
Dave and Terri,
Thanks for the `Reality-based’ vs. `fantasy-based’
instruction on being successful in the MHP industry. I
completely trust your experience! Your CD’s have
helped me make more informed investment decisions.
Thanks, Peter
|
|
Hello!
I am a former member of one of your educational competitors
programs and I must say, I wish Dave and Frank would have
started their program long ago...they really have it together.
I have learned so much more from Frank and Dave's program than I
could have ever learned from the other gentlemen. Dave and Frank
really do know the business and their materials have helped me
buy 5 parks (4 of them I found on your website) in the last
year. I felt confident in the deal making and due diligence and
I feel I have set the parks up to run in an efficient and
profitable manner.
I am contacting you to thank you ALL for your assistance and
to wish you a Happy & Profitable New Year!
Cheers,
Rob R. |
|
Dave,
I just wanted to Thank You for your assistance in the
due diligence of the Mobile
Home Park in NC. The spread sheet was very helpful in
discovering the correct value of the park. Your
recommendation to call some other local parks was very
helpful. You have shown with
your fast response time and information given you are
concerned about the success of others.
Thanks Again and I will Keep in touch with any future
deals as I keep searching.
Joe |
Thanks so much for the information. I
place a very
high value on customer service. As far as
I'm
concerned You, Terri and Frank are second to
none in
this business for providing great information
with
your complete and rapid response to orders,
information requests and questions.
I've attempted to contact several other program
operators by e-mail and telephone to no avail.
The
level of customer service you provide is a rare
thing
these days and you should all be proud of the
work
that you do.
Thanks again,
Carsten
|
|
Dave,
I am one of the recent guys who bought
your CDs and 3 e-book set. Very happy I did. I bought a
park about 18 months ago, somewhat by accident, and have
been feeling my way ever since. Playing your CDs and
reading your books has really turned on the lights.
Reading about the past purchases you made was like
reading adventure stories. I couldn’t put it down. Your
book on MPH Investing is a fountain of wisdom and common
sense from experience. Can’t thank you enough.
Thanks again for your great educational materials.
Sincerely, Robert |
|
Comment on the entire
MHP series:
I have now officially completed listening to all of the
CD series as well as participating on a number of
teleconference calls. I would have to say that the
information that Dave and Frank provided and the manner
in which it was organized and presented, was the best
use of my time on this subject. No where else that
I know of is this information available in this amount
of depth. Your total openess and honesty about
what works, what doesn't and mistakes that you have made
in the past are part of what made your series so
beneficial. Bringing the information to your
listeners via CD and teleconference was so much better
than the typical 3 or 4 day seminar series where no
topic is ever covered to any great extent.
Congratulations and I thank you for your efforts in
helping the rest of us better understand this business,
how to evaluate, how to make money, but most
importantly, how not to lose money. D.
Phelps |
|
Thanks Dave,
I have read the first 10 pages and am already very
pleased at the content and what I've learned. The 10/20
rule is a great idea and I can see very clearly how this
made you money. The profits are actually made in the due
diligence. As Robert Kiyosaki also said in his "Rich
Dad" series, your profits are made when you buy, not
when you sell. Nice work! Thanks again and God bless.
Andrew |
|
Thanks Dave your 10 20 principle is
awesome
Jeremiah |
|
Far exceeded my expectations! Thank you
for a great package and fast delivery!
G. North |
|
This e-book has a wealth of information, and is
enjoyable to read - Thanks
Jessep |
Many useful experiences to draw from. I recommended to
everyone
Jass |
|
Dave,
Fantastic educational material! At
least I never bought anything with well
water!
Rick
|
Excellent info. Everybody interested in mobile home
parks should get this!!!
Matt |
|
Hi Dave,
I recently purchased your and Frank's "MHP
College" CD set and want to thank you for such a
terrific package. I'll be purchasing my
first MHP.
Best regards,
Mark
|
You guys are
the best! The combination of having two
professionals with so much real life experience
is worth much more than you charge to educate us
on mobile home parks. If you had been
doing this 2 years ago we would have saved over
$100K and hundreds of hours of wasted time.
Keep up the great work and Thank You!
Regards,
Mike R
|
Hi Dave,
Thanks for the 3 sets of CD's. Now I
can listen to you Masters while chauffeuring
the kids around. As I am learning, I
am continued to be amazed how much
experience and knowledge you two have.
Thank you for the stories. And please
help me to say "thank you" to Frank Rolfe
too.
Thanks, Stella
|
Just signed up for the
university and listened to the first
session...very good!
Thanks, Chris
|
Dave,
Just a quick note
to say, thank you and that you have
already saved my sanity, and many
sleepless nights of worry. Your
experience and expert advice has
made a real difference in how I
handle things in my trailer park.
Thanks Again!!! I look forward to
the next session!
Deanna
|
Frank and Dave,
Just wanted to let you know that, I
really appreciate MHPCollege. I have
been in the Mobile Home Park industry
for several years now and thought I
would have known all there is to know
about it. However, I quickly realized
that I was wrong. If this course had
been available back when I started out,
I could have saved thousands of dollars
and made a million or more. I owe all of
my future success in the Mobile Home
Park Industry to you both!
Sincerely,
R. Stephens
|
Information overload! Great stuff, thanks much.
RJF |
I have read
through the materials and listened to the
recorded sessions. The information that
you and Frank have provided is so complete and
helpful. I am sure it will prove to be
invaluable as I embark on investing in a mobile
home park. Thanks again for sharing
your experiences.
Regards,
Beth
|
Dave, Today was my first chance to attend a
lecture. You and Frank did a great job and the
real word experiences you bring to the lectures
are fantastic. You both answered my questions in
detail and it has given me a new insight as to
how I will structure future deals.
I am looking forward to the next lecture! (I
wish I had the same excitement about listening
to lectures during my collage days).
Best Regards, Barry V.
|
|