Or, you’ve noticed one leaky spot or signs of discoloration and want to attack the issue before it gets worse. A few months after completing Rolfe’s course, I traveled to St. Louis to spend some time in a couple of parks that he and Reynolds own. Find a mobile home park, mobile home community, manufactured home community, multifamily housing, land lease community or … To maximize the number of homes that can fit in a park, trailers are arranged so passers-by generally see the sides of people’s rectangular boxes (spaced 15 to 20 feet apart) rather than their front entrances. The company's filing status is listed as Active and its File Number is 2534467.The company's principal address is 1763 North Atherton St State College, Centre PA-0. Homes must be washed and painted as needed with colors pre … Rolfe doesn’t offer much practical advice about overcoming any embarrassment in associating yourself with the trailer-park business. Others even expressed feelings of superiority to those burdened with big mortgages or hefty monthly rents, including Barbara Watz. Barrington University, was incorporated, licensed and headquartered in Mobile, Alabama offering … 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. He is an admitted profiteer thriving on the collateral damage caused by our winner-take-most economy, but he also is a zealous student of the constantly changing landscapes of American poverty. You can imagine the demand in the $500 per month price category, which is the market that most mobile home parks serve. The difference between a good and a great mobile home community is one that caters to your lifestyle and personal needs. 7 The average price per square footage was only $49 for mobile homes compared to $107 for site-built homes in 2016. MHVillage provides an extensive, nationwide network of mobile home dealers to help you find your best possible home match. The typical resident is more likely to endure the increase than pay a trucking company the $3,000 it can easily cost to move even a single-wide trailer to another park. They provide step by step advice for buying and selling mobile homes. He eventually made more than a million-dollar profit on that one park. In addition to being close to libraries and outdoor recreation, mobile home parks may also offer their own activities for community members. A significant portion of the 10,000 Americans who turn 65 every day are facing life on a fixed monthly income of $1,200 or less. One in five households, he told the class, lives on less than $20,000 a year. Most of the enrollees weren’t real estate speculators; they were jittery members of a hard-pressed middle class. He mentions Linda Wright, who manages his park in Arnold, Mo. They’ll skip out owing rent, and it will cost you thousands of dollars to fix up the trailers they trash before leaving. The Mobile Home U. students nodded appreciatively: They learned early in the course that one of the best things about investing in trailer parks is that ambitious landlords can raise the rent year after year without losing tenants. Mobile homes and mobile home parks are in a league all by themselves. What difference did it make, Lilly asked himself, whether he bought a trailer park or an apartment building when he wasn’t going to live in either one? Because someone cared enough at one point to bring me under their wing and show me everything they knew. A yard at the Holiday Manufactured Home Community in Pontoon Beach, Ill. John and Linda Wright. Or they were making $100,000 a year, maybe even $200,000, but felt the need to earn more. 23 people like this. delivered to her a box of wooden ducks dressed in yellow raincoats.) mobile home university. It has 685 students in grades PK, K-12 with a student-teacher ratio of … The Valley offers endless outdoor activities, several culinary experiences, … 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. Rolfe and Reynolds begin eviction proceedings on a tenant as soon as local laws allow, even if a tenant is just two or three weeks late in paying the rent. Can a business that’s trying to squeeze every dime out of the working poor still offer them a pretty good deal? So—you’ve got enough leaks in the roof that if you saved up the dripping water, you could draw a bath. She’s her own boss.”. At the Orange County sessions I attended, those enrolled included a pastor from a small church outside Portland, Ore.; a 26-year-old who made a small fortune playing online poker; and an Iraq war veteran who had recently completed a five-year stint in the military. “For $25,000 a year, she had to be in that store eight hours a day, driving there, had a boss. “I was the middle-class kid suddenly having to live among the poor,” he said about the few months he had to live in his parents’ park as a kid. Forgot account? Full Sail University is located in Winter Park, Florida, and was founded in 1979. Affordable Housing is the hottest arena in commercial real estate right now. We can't wait to hear about your success stories. “What was she making at Walmart: $13 an hour?” Rolfe asked. Green Lantern is a giant patch of asphalt crammed with 130 trailers. Sometimes you hear the trains too. With around 10,000 lots scattered mostly across the Midwest and the Central Plains, Rolfe and Reynolds are about equivalent in size to a public-housing agency in a midsize city — and in an important way, they play the same role. Full Sail University is a trade school specializing in higher learning that offers a variety of degrees in audio, film, design, computer animation, and other fields. "The Mobile Home Park Investing 10/20 Method", Mobile Home Park Investing Home Study Course, The Mobile Home Park Investor's Boot Camp, The Top Five Ways To Find A Mobile Home Park To Buy. She could have bought a tiny house on her salary, but a two-bedroom, one-bath trailer cost less per month than her car payment — and meant she was done with house payments after a few years. Before Rolfe bought a trailer park, he had visited only one, the Glenhaven Mobile Home Park in Dallas, when an out-of-town billboard client asked him to deliver a message to its manager. Including the installment payments on a used, three-bedroom, two-bath trailer, she was spending $550 a month on rent. Frank Rolfe rolls his eyes when he hears this kind of talk. (They let me choose where I wanted to stay.) For those who already own a mobile home park we offer a first-class Mobile Home Park Manager Training Course that is like an on-line defensive driving course for mobile home park managers to get your staff off on the right foot. We also provide, free of charge, a mobile home park investing forum, that you can contribute to and learn from, as well as a monthly mobile home park investing newsletter and even our free weekly Mobile Home Park Mastery podcast series. Mobile Home Investing with the Land Included. mobile home university. We founded Mobile Home Park Academy with one main belief… That if you are going to invest your time, energy and resources in us, we must provide you the very best quality information available anywhere on mobile home park investing. It's very quiet, you can hear the helicopters from the hospital, and sirens from ambulances as well. Case in point, apartment rents and occupancies have never been higher -- and the U.S. average apartment rent is over $1,000 per month. Within this context, some say mobile homes can be the future of affordable housing. Whatever your reason for wanting a roof replacement, All Weather Roofing can get the job done. In their view, the root systems of trees are a threat to the sewer lines that crisscross any park. That meant more work for Rolfe, who was happy to pick up the slack. With over 20% of American households now making $20,000 per … He had flown down from San Francisco for the seminar because he hated his job selling health care plans. Book Now End of tab panel; Weddings Give your wedding guests all the comforts of home when they stay at Homewood Suites. We also benefit in many other ways. Senior mobile home parks in Colorado offers single- and double-wide homes in a community. We had a $300 million dollar scam happen like that … He and his business partner, Dave Reynolds, started buying trailer parks together shortly after the subprime meltdown. It was Day 2 of Mobile Home University, an intensive, three-day course on how to strike it rich in the trailer-park business. In most of the country, the key to calibrating the proper rent means knowing the price of a decent two-bedroom in the surrounding area. Ships from and sold by Amazon.com. should I raise it $25.00? Log In. The Homewood Suites Mobile Airport-University Area offers comfort and relaxation in the Providence Park area, just minutes from the Mobile Regional Airport. “If we look on Zillow and see houses selling for $30,000 or $50,000, we’re walking from that deal,” Rolfe said. 2 reviews of University Mobile Home Estates "Close to the hospital, within walking distance. Federal spending on rental assistance programs has remained flat in recent years, according to the center, even as the number of households that the Department of Housing and Urban Development classifies as “worst case” rose by 43 percent between 2007 and 2011. University Pines is located in Pensacola, FL, providing a vibrant backdrop for your new life as a valued member of our caring community. Our training provides step-by-step actionable learning that gets you results in 60 days or less when it comes to investing in mobile homes. Drug use was rampant, as were fights; the flashing lights from police cars routinely lit up the nights. Reynolds had been born into the business; his parents owned a mobile-home court in Colorado. That number is not likely to grow, we learned in Southern California, given restrictive zoning laws and the prohibitive cost of building a new park in the boonies, meaning supply is static even as demand for cheap places to live is high. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. There are 8.6 million mobile homes in the United States, according to a 2013 U.S. Census Bureau report. By catering to those living on the economic margins, their parks generated more than $30 million in revenue last year. Rolfe had acquired two dozen parks when he reversed course, feeling emboldened by a spike in real estate prices that had potential buyers willing to purchase his properties for much more than he thought they were worth. But … Given that at various times Zell has owned more office space, as well as more apartment buildings, than any other entrepreneur in the United States, it’s indicative of the riches to be made on this down-at-the-heels edge of the housing market that a mogul like Zell is so heavily invested in trailer parks. BedsAny1+2+3+4+5+ Use exact match Bathrooms Any1+1.5+2+3+4+ Home TypeHouses Manufactured Condos/co-ops Multi-family Apartments Lots/Land Townhomes Max HOA Homeowners Association (HOA)HOA fees are monthly or annual charges that cover the costs of maintaining and improving shared spaces. And think long and hard, he warned the class, before crossing the $500 threshold. As for features like swimming pools? With MHVillage, you can browse the best selection of mobile home parks with homes for sale or rent. MHU has been featured in. Get directions, reviews and information for Citrus Gardens Mobile Park in Mesa, AZ. Mobile Home University, where the rich teach others how to rip off poor living in trailer parks Xeni Jardin 2:35 pm Fri May 22, 2015 Really great video and story over at the Guardian today: Based in Grand Rapids, Michigan, MHVillage Inc. is the nation’s premier online marketplace for buying and selling manufactured homes with more than 25 million unique visitors annually. 5: 173: December 9, 2020 Purchase Sale Agreement Park. Mobile Home Park 10/20 Method 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. “There’s more money in decent than slumlording,” Rolfe told the class in Orange County. Now $98 (Was $̶1̶2̶6̶) on Tripadvisor: Homewood Suites by Hilton Mobile, Mobile. The answer is in buying mobile home parks. For one thing, they tend to be neater and also more responsible. A home at the Jeffco Estates trailer park. “Or you’re out.”. It was there at this predominantly white, 217-lot park that I lived as Rolfe and Reynolds’s guest for the better part of a week last summer. Menu & Reservations Make Reservations . Get directions, reviews and information for University Mobile Home Park in Spokane Valley, WA. Martha Branch and Larry Hutchinson, managers in their office at the Holiday Manufactured Home Community. You’ll also find our introductory book "The Mobile Home Park Investing 10/20 Method" and our more in-depth Mobile Home Park Investing Home Study Course [1,000 pages and 50 hours of CDs] and The Mobile Home Park Investor's Boot Camp [a three day immersion event]. “I don’t travel, I don’t restore cars, I have no hobbies. If the going rate is $700 a month, Rolfe said, then cap your lot rent at half that. Using their own money and millions more from outsider investors — including many who have been through Mobile Home University — they have been buying about two dozen parks a year. From pleasant housekeepers, to attentive servers at mealtime and helpful maintenance technicians who are there when you need them, this … Welcome to Mobile Home University, a three-day, $2,000 “boot camp” that teaches people from across the US how to make a fortune by buying up trailer parks. 9: 151: December 9, 2020 Average … and has the money for small splurges. A study by the Center for Housing Policy found that among renters who have a job, one in four was spending at least half of his or her income for an apartment. “There were better uses of my time,” he concluded. “Some people dream of going to the beach,” he says. Rolfe confesses to feeling some guilt that he owns the largest house in his hometown while his customers are making do in cramped quarters. Rolfe is a tall, slouchy man with sad blue eyes and a mop of dark hair that has gone gray around the temples. They don’t cut them down, but they don’t plant many either. I couldn't take their crappy system with me. A home at the Holiday Manufactured Home Community. The typical tenant who rents from Rolfe and Reynolds pays $250 or $300 a month in lot rent and another $200 or $300 if also renting a trailer. “I didn’t have many friends.” He was the first one in the office each day and usually didn’t leave until ordered to go home. 3 Reviews (480) 832-0240 Website. At that point, a great many Stanford grads were lured to technology by the fortunes that could be made investing in dot-com start-ups. (Note: Before going into this type of investment, be sure to check out my video on mobile homes vs mobile home parks. The mobile home as we know it appeared at the start of the automobile era as a pricey, wood-paneled plaything of the very wealthy — a way for them to travel in comfort on long trips before motels lined the roads. That, it seems, is something attendees have worked out for themselves before plunking down their tuition. It wasn’t until the ’50s that the mobile home became a low-cost residence that, despite its name, almost never moved once it was delivered to one of the thousands of trailer parks that were sprouting up around the country. This was 1996, near the start of the Internet era. Rolfe says: “Invariably, the guy would open the door just wearing his underwear, totally hung over — ‘What do you want?’ ” Yet four months after selling his billboard company, Rolfe bought Glenhaven, a grim, junked-up, half-filled park, for $400,000. Claim Your Discount; BOOK TODAY & SAVE Get up to 15% off your spacious suite. Mobile Home Roof Replacement for Bradenton, FL & the Surrounding Community. It’s as if he carries a map in his head based on trailer parks he has bought or at least contemplated buying and that gives him a fascinating, if perhaps narrow, view of his fellow citizens. John Fedro 6 Comments. Still, people make the effort to personalize their homes at Pontoon Beach. “Because I was afraid I would get assaulted.”. A few, like Linda Wright, a former Walmart employee who has lived in the Jeffco Estates trailer park in Arnold, Mo., for the past 47 years, gushed about their ownership. Zell is chairman of Equity LifeStyle Properties, which he took public in the early 1990s, when the company was called Manufactured Home Communities. This information can be found all over this site, from our free mobile home park investing articles to our free mobile home park investing book that is available to download. About. Google has many special features to help you find exactly what you're looking for. Bible study, a community garden or a swimming pool are some of the features senior mobile home parks offer. For those seeking guidance throughout their home search and home buying process, manufactured home dealers can be a valuable asset. And the authors of the articles, books, courses and boot camps are Frank Rolfe and Dave Reynolds, who are the 5th largest owners of mobile home parks in the U.S., with a portfolio of over $500,000,000 in parks and a nearly 30-year track record. “We don’t like amenities of any kind.” They also prefer to buy used trailers to fill empty lots at their parks. The two competitors agreed over lunch that they could do a much better job teaching people the nuts and bolts of the trailer-park business than the pair who had asked them to serve as guest speakers. They now own 100 in 16 states (but none in California). Community. After all, it’s the managers who deal with a clogged sewer line or the unstable tenant behind in his rent — in exchange for a low-paying job that doesn’t even offer health insurance. If you ever have a question or comment, we would love to hear from you. “You get with the program in my park,” Wright, a slight, white-haired woman, told me with her arms crossed. And unlike the civil servants working for a housing agency, their managers know they must enforce the rules or they’re out. This trend will only continue to pick up steam in the years ahead, as evidenced by a recent interview with Warren Buffet (one of the largest owners of mobile home manufacturing and financing in the U.S.) in which he talks about the rapid speed of new U.S. household formations and the lack of housing options that they can afford. Jul 19, 2019 - Explore BNB University's board "Reviews Matter" on Pinterest. In fact, our offerings are the #1 rated mobile home park educational products in the industry. Beware because they will automatically renew your contract and you will never get roid of them. Last year, more than 80,000 homes were sold on MHVillage with a combined transaction value exceeding $3 billion. Our Mobile Home Millions Academy gives you actionable education that you can apply in “real life” scenarios and break that glass ceiling for you and your family allowing you to make the journey to financial freedom in the next five years or less. This is an affordable housing facility perfect for students, … “I hated it.” But Reynolds realized that he “could make three times what I could have made as a C.P.A.” He bought his first park in 1993, when he was 24. “I wasn’t into sports,” he says. 23 people follow this. MobileHome.net has 690 Mobile Home Parks in Arizona. BT Mobile review. The Mobile Home Park Investors Podcast is the world’s first podcast dedicated to mobile home park investing. It breaks his heart, he confesses, when they evict a family even as he tells himself it’s for the best. Why You Should Never Build A Mobile Home Park. Everywhere I looked, I saw handsome wooden decks thick with potted plants, American flags, chimes and wooden birds whose wings twirl with the wind. Find the best campgrounds & rv parks near Mobile, Alabama. They removed the most dilapidated trailers. Watz drives a 2010 Honda S.U.V. There is a wealth of free resources about mobile home builders, modular home models, manufactured housing governmental agencies, and manufactured housing census data. Those living in public housing are generally required to pay up to 30 percent of their household income as their share of the rent. Mobile Tourism: Tripadvisor has 48,396 reviews of Mobile Hotels, Attractions, and Restaurants making it your best Mobile resource. Seventy-five or so students had signed up for the class, which Rolfe offers every other month in different places around the country. or. To bad those that got ripped off will never see a dime returned. Including free utilities, free Wi-Fi, free DirecTV and are fully furnished with modern contemporary furnishings. We love doing it! The trailer park also seems a bad deal for the manager. Their tenants, though, tend to stay if for no other reason than a lack of options. 2 reviews of University Mobile Home Estates "Close to the hospital, within walking distance. “If she was unhappy with something, she’d tell you.” To the extent that hers is a genuine and representative sentiment, the people involved with Mobile Home U. Not Now. Sundial Mobile Home Park in Salem, Oregon, even gives a blow-by-blow of what paint colors residents can use on their homes: “Each tenant shall be responsible for maintaining and keeping clean and in good repair the exterior of their mobile home as well as all structures such as decks, steps, carports and fences at all times. He went to school to study accounting, but doing the books for the family opened his eyes to the profitability of a world he shunned growing up. University Mobile Home Park 9518 E 4th Ave Spokane Valley WA 99206. If you’re a subscriber to my newsletter, you’ll know that I recently signed up for this mobile home park investing course.And if you’re part of the private Facebook group, you’ll know I enjoyed the class and promised a review.So here it is! The industry’s other boldfaced name is Sam Zell, the Chicago-based real estate magnate perhaps best known for his disastrous, debt-heavy takeover of The Chicago Tribune, The Los Angeles Times and other dailies owned by the Tribune conglomerate. University Mobile Home Park is a Pennsylvania Domestic Fictitious Name filed on April 18, 1961. Her only complaint about living in a mobile-home park? As an instructor, Rolfe has a veritable Ph.D. in the habits and rituals of trailer-park residents. 24414 University Ave Ofc, Loma Linda, CA 92354-2611. It finances more mobile-home purchases than any other lender by a factor of six. This organization is not BBB accredited. Community See All. 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