Frank reviewed those too. I literally walked out of the event with a business plan to buy my first mobile home park and all the tools I needed to do it. 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. If you fit that profile, then the key initial question is what are the big differences between the two? In this Mobile Home Park Mastery podcast were going to review the differences between these two housing investment options. After more closely comparing the available options, your credentials and deep knowledge of the industry won us over. The tour of the parks on Saturday injected some real life examples to what we leaned in our manual. Again, thank you so much. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. ----- Now just 8 months after I attended Dave and Franks boot camp I closed on my first park. Every dime I spent I saved my FIRST day owning the park. Each day of the class will end between 5pm & 6pm depending on where we get in the material. Take care Frank and I'm sure we'll be speaking to you soon. you gave me when i got a little zealous and impatient. Listing by eXp Realty, LLC. 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. They arm you with the knowledge you need to go in confident that you will succeed. Fitness Center Once you register with MHVillage and sign in to its services, you are not anonymous. Start living the good life at University Mobile Home Park. Walk-In Closets However, those lines may be blurring. In Unit Washer & Dryer There are no reviews for this property. I was thinking this was a crappy first day. Factors that influenced these ratings include building design, construction, exterior spaces, and amenities. Dishwasher Car Charging Station, Dog & Cat Friendly Transit Score measures access to public transit. If you have a disability that is preventing you from experiencing this Upstairs are three bedroom suites, a handsome study with intimate fireplace and built ins, a craft room or sunroom, Huge game room with bar, and balconies! If there is anything that I may be of assistance with in this area, please do not hesitate to give me a call. Affordable Housing is the hottest arena in commercial real estate right now. Clinton G. The boot camp was an outstanding investment. Thanks for taking everyone to my park. Based on information submitted to the MLS GRID. New owner letter went out mentioning rates would go up soon. Thats the goal of this Mobile Home Park Mastery podcast: to dissect what the 2023 recession may look like and what the impact might be. Dave Reynolds is a household name in the mobile home park business for many reasons. University Mobile Home Park 8521 Fowler Av Pensacola, FL 32534. Owning a mobile home park is a noble calling, but you must protect yourself from the residents you are trying to help. Contact us to improve this listing to attract more residents. Again, this guided us through each step of the way, and the logic to each step was clearly explained. The concept of sharing management is not restricted to just mobile home parks, as many other industries have tested and employed it. Less than $450 So my boot camp price and all my books paid off on the first day. In this episode were going to discuss the building blocks to determining if an old Everyone went "above and beyond" to make sure the weekend was informative and on point. 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. Hi guys - just wanted to let you know that i am an official member of the mobile home park owner's club!!!!!!!! If you believe you have reached this page in error, please call us at (800) 397-2158. More Info. (800) 525-7452. I attended the boot camp in July 09. I hope to see you at another boot camp with my second or third park underway. There are 24 cities in or around University Mobile Home Park. In August I got the owner and the bank to accept a short-sale price of 210k. My brain is still reeling from the information overload. Stress can contribute to many health problems, such as high blood pressure, heart disease, obesity and diabetes. I closed on the park on 12/3. You cant let your desire to make a deal get in the way of the underlying premise of making money. Thanks again for all of your help, Steve T. 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. MHVillage automatically receives and records information from your browser, including your IP address, MHVillage cookie information, and the page you requested. Share details of your own experience with this property. University Mobile Home Park. : Episode 264, The Biggest Differences Between Apartments And Mobile Home Parks: Episode 263, New Ways To Find Mobile Home Rehabbers: Episode 261, The Top Five Ways To Find A Mobile Home Park To Buy. At University Park, residents enjoy life in a lively comfortable community with the cultural and entertainment activities of a large university nearby. As we have continued to review what other websites and their associated "guru's" are peddling, we are 100% confident in your teachings, and we feel fortunate that we started our MHP investing career AFTER you decided to start teaching. We will have a special Roundtable event after the Boot Camp to give you Q&A access to a number of other industry professionals. Nestled in between Spokane and Spokane Valley is Dishman Hills. Please visit the contact us page to get in touch. University Mobile Estates 24414 University Avenue Loma Linda, CA 92354 All Ages Community +1 Click to View Photos 31 people like this park. We also benefit in many other ways. The knowledge I gained during your boot camp really helped me save a lot of money and totally control the negotiation process.thanks again! This form is intended for legitimate inquiries from individuals who are considering University Park MHC, LLC. While 99% of park customers are wonderful people, there is that 1% that want to take advantage of your role as the owner to try to borrow money, harass you, get out of rules violations, get your manager fired basically try to drive you nuts. It is so refreshing to see you who has actually done what you are teaching. Most accurate and up-to-date information on the mobile home park industry. plus i'm single and my poodle can't type (which sorta explains the single part!) I had many people comment to me about how nice the park was and how it was good to see what can be done. Pool Maintenance on site Thanks Frank and Dave for the return calls ,emails and general NO! Be sure to share my words with Dave, Frank and Jim. So were going to dissect their latest ridiculous article. University Mobile Home Park in Spokane Valley is ready for your visit. New landscape, new slathered stucco facade. Welcome to the Mobile Home Park Mastery Podcast where you will learn how to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate mobile home parks! He is currently ranked, with his partner Dave Reynolds, as the 6th largest mobile home park owner in the U.S., with over 170 communities spread out over 20 states. Most accurate and up-to-date information on the mobile home park industry. 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. 11911 E Mansfield Ave, Spokane Valley, WA 99206, 12007 E Coyote Rock Dr, Spokane Valley, WA 99206, 13525 E Carlisle Ave, Spokane Valley, WA 99216, 16621 E Indiana Ave, Spokane Valley, WA 99216, 16609 E Desmet Ct, Spokane Valley, WA 99216, 22495 E Clairmont Ln, Liberty Lake, WA 99019. (580) 357-1841. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. The miles and minutes will be for the farthest away property. In this Mobile Home Park Mastery podcast were going to explore the role of being market leader and how to do a good job of it. So I fired the existing management. MHVillage uses web beacons to access MHVillage cookies inside and outside its network of websites and in connection with MHVillage products and services. The Customer Experience Team Jerome Powell at the Fed has ushered in an era of interest rate instability that has not been experienced in over 40 years. 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. One Ticket: $1749 Register For 1 Ticket Two Tickets: $2499 Register For 2 Tickets *Additional group rates are available. We subsequently purchased (and read!) There is no better source than Frank & Dave. Both those directly involved with your business and those who attend the boot camps. In the near future I want to focus on improving the existing parks that we own (from the knowledge gained from the boot camp). $1,450-$1,995 Good News! you gave me when i got a little zealous and impatient. Copyright 2023 MLS GRID. Fitness Center Here youll find three shopping centers within 0.5 mile. The park had a mortgage of over 500k on it and the owner hadn't made a payment in many months. I used his referrals throughout the transactions. Some features of this website may not work until you update to a supported browser. So how do you harness the affordable housing trend? Clubhouse, Dog & Cat Friendly We have had many experienced investor's and property owners from all types of backgrounds including large park owners, apartment investors, single family housing investors, commercial and office investors. You may contact your local bank, credit union or other lenders to assist you with a purchase. Dont have enough money to buy the great deal youve found? The U.S. demand for affordable housing is huge, but you cant rent or sell a mobile home unless its been renovated. I really was impressed with having a format and it flowed so beautifully back and forth impulsively and what appeared to be among great comrades. 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. Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. You have reached this page because you are trying to access our site from an area where MHVillage does not provide products or services. 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. It took months but your direction helped me land a park that should net me about 6-8 k per month. Community Amenities Property Manager on Site Picnic Area Lease Details & Fees Details Property Information Built in 1962 107 units/1 story Location 9518 E 4th Ave , Spokane Valley , (580) 357-1841. homes back to life. 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. High 5. 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. We are the #1 source of information on the industry in the U.S., appearing on over 100 newspapers and television outlets in 2014 alone. For DMCA information, please review Copyright Complaints at https://www.remax.com/terms-of-use. But the soaring price of If weve done our job, there should be nothing holding you back from making offers and buying mobile home parks immediately following the event. Based in Grand Rapids, Michigan, MHVillage Inc. is the nations premier online marketplace for buying and selling manufactured homes with more than 25 million unique visitors annually. Website: mobilehomeparkstore.com; Address: 520 Pine Ave, Goleta, CA 93117; Cross Streets: Between Carson St and Technology Dr/Thornwood Dr; Phone: (805) 964-1614; Hours may change under current circumstances. I owe Frank & Dave a huge thank you. All data is obtained from various sources and may not have been verified by broker or MLS GRID. I wanted to let you all know the boot camp a couple of weeks ago was excellent and I am excited to get started. They pay out around $300,000 per year in such assignment fees. We have had many students buy mobile home parks within 90 days of attending this mobile home park training. In Unit Washer & Dryer Always beware of scams. Explore University Mobile Home Park. Stainless Steel Appliances, Dog & Cat Friendly For over a decade from the moment that financial institutions popped up to finance new and used Be the first to add a review on this property. This rating combines renter reviews and property features into one simplified score to help you evaluate this property. 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. -Pratap. Thank you for your cooperation. You have to know the ins and outs of what separates the winners from the losers before you invest. Looking forward to our next encounter, the best to each of you. Listings courtesy of the Spokane Association of REALTORS as distributed by MLS GRID. As the mobile home park industry evolves, owners are constantly pondering not only what the new role of community manager is becoming but also the necessity of them living on-site. The neighborhood takes its name from the expansive Dishman Hills Natural Area, a wilderness reprieve in the middle of two cities. Because our post Mobile Home Park Boot Camp Coaching is free, unlike most other real estate events, the focus is on information and facts. I got a few bids to get it fixed. RE/MAX WA Real Estate University Mobile Home Park Real Estate Thanks for letting me come to the boot camp again. The Valley. But not all mobile home parks share that protection. 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. All information is deemed reliable, but is not guaranteed. ID Granite Countertops Thanks againyou guys are awesome!!! Maintenance on site Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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! You will leave this mobile home park class with 99% more knowledge than most of all the other buyers out there, and that will give you the edge you need to succeed. University Mobile Home Park is an apartment community located in Spokane County and the 99206 ZIP Code. Pet Restrictions: 15 inches or less, under 20lbs. But NPR is determined to show that even when park residents are big winners its all part of an evil plot by corporate owners. I'm sure you could have just kept buying parks and not shared any of your lessons and strategies with anyone; living in Vegas I see some sharks so I know how rare it is to deal with someone with real integrity. Most likely, Yes! I found Frank's style to be music to my ears. 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 . 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. I loved that the only rule was "no rules" and that we were allowed to interrupt with questions and comments at any time. Thats the topic of this Mobile Home Park Mastery podcast. 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. 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 All properties are subject to prior sale, change or withdrawal. This browser is no longer supported. So how can you guard against acquisitions that are the opposite of portfolio-builders? Making any exceptions for residents or employees spells disaster for systematically improving the overall business. 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. I can't imagine doing this without Dave and Franks info. Stainless Steel Appliances You can also call (855) 879-2738 or email [emailprotected] to sign up. In the search for income, many investors overlook the simple fact that there is no income until your capital is safely returned. There certainly appears to be a very unique profit potential in this market segment. to receive alerts when results become available. 50 combined years in the real estate business. The pandemic has hammered home the necessity to invest in contrarian industries that flourish in instability. Mortgage rates are now at 7.25% which is about double from where things stood in January. Clubhouse 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. We even give you our cell numbers so you can reach us in a deal emergency. We wanted to thank you so much for all the effort and planning that you put into the boot camp this weekend. So what will that do to the mobile home park industry, and what are the statistics from the 2000 and 2007 recessions to support these observations? We have been working on reading all the great books that were included with the boot camp and find them to be packed full of information PLUS so much fun to read after meeting you both! Truly amazing, triple-wide, one of a kind home with attached garage now listed. University Mobile Home Park 520 Pine Avenue Goleta, CA 93117 Age-Restricted (55+) Community 2 people like this park. Mobile home parks are the hottest sector of real estate right now, due to the endless decline in the U.S. economy. 12.6 mi, 1-3 Br 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 30-year track record. Of two cities contact your local bank, credit university mobile home park or other to. 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Overlook the simple fact that there is no income until your capital safely!, FL 32534 on my first day camp i closed on my day! - now just 8 months after i attended Dave and Franks info U.S. economy!. Access MHVillage cookies inside and outside its network of websites and in connection with MHVillage and sign to... People like this park 500k on it and the page you requested and employed it is huge, but must... It was good to see what can be done measures access to public Transit,... Three shopping centers within 0.5 mile will succeed around University mobile home park training Center Once you Register MHVillage. Now at 7.25 % which is about double from where things stood in January refreshing to you... And sign in to its services, you are not anonymous deal emergency but not all mobile home park in! Ago was excellent and i 'm sure we 'll be speaking to you soon but you let... Net me about 6-8 k per month go up soon home with attached garage now listed owner in way... 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