Lessons from the Olympics

Article

Sep 18, 2012
The 2008 Olympics in Beijing offers an important lesson to the manufactured housing industry. Here you have an event where athletes have taken a certain specialty, a certain strength, and turned it into an extremely advanced skill.
Read More

What will you tell your Grandchildren if you miss this Opportunity to Buy Mobile Home Parks

Article

Sep 17, 2012
You only need one mobile home park. That's all you need to create a sizable asset and a consistent source of income. That's assuming you buy it and operate it correctly.
Read More

Mobile Home Parks and City Inspectors

Article

Sep 17, 2012
Nobody can own a mobile home park without having at least one run-in with the city inspector. They normally come out of nowhere, and often when you think you are doing a great job with your park. There is no reason for embarrassment everyone has been there.
Read More

How to Harness the Best Opportunity to Buy Mobile Home Parks in the Last Decade

Article

Sep 17, 2012
If your definition of a good buy is to buy low, and buy when "there is blood in the streets", then this is the time to buy mobile home parks. Prices have never been lower, and sellers more desperate, since the mid-1990s. And there does not appear to be any improvement on the horizon.
Read More

How to Help your Mobile Home Park Tenants and Keep your Cash Flow

Article

Sep 17, 2012
It is impossible to be a landlord and not receive frequent requests to "help" your tenants. These requests normally revolve around payment of the rent either to pay late or to pay a reduced amount. And the way you handle these requests has a huge impact on your business, and the life of your tenant.
Read More

How to Make Money in the Mobile Home Park Business

Article

Sep 17, 2012
Although it has taken us literally thousands of pages to describe how to do due diligence and operate mobile home parks effectively, the general theory on how to make money with mobile home park investments could fit on the back of an envelope.
Read More

How to Name a Mobile Home Park

Article

Sep 17, 2012
When you buy a mobile home park, and if you currently own a mobile home park, it's a pretty safe bet that you need to change the name. Because most mobile home parks have terrible names that, sadly, could be used as a marketing tool if only they were different.
Read More

How to Charge Late Fees in a Mobile Home Park

Article

Sep 17, 2012
Mobile home park tenants are not rich. Most of them live from paycheck to paycheck. As a result, they frequently don't pay their bills on time sometimes at all. To motivate these tenants to pay their lot rent on time, you must enact a late fee for rent that is not received by the due date.
Read More

How to Enforce Rules in a Mobile Home Park

Article

Sep 17, 2012
Many park owners feel that it is their duty as the owner to rule with an iron hand. They think that they can cure all of the park's ills with rule after rule. At many parks, the rules section is longer than the lease itself.
Read More

What's in a Name - A lot if it is a Manufactured Home Community

Article

Sep 17, 2012
Nothing is more disconcerting than approaching a nice manufactured home community and seeing that the name on the sign is "Roll-a-coach" or "Mobile Heaven". If it is not bad enough that the industry is constantly battling the stigma of being lesser quality housing
Read More