Tuesday, January 7, 2020

Frank & Dave Thae Mobile Home Park Investing Home Study Course Bundle 2 Online Courses And eBooks

It was a small park with about 50 lots purchased using credit card cash advances - nothing that would suggest he would one day own over 21,000 lots. The big takeaway from the announcement of a $237 million mobile home park is the fact that mobile home parks are worth a ton of money – despite the fact that few Americans even know what they are. The value of an occupied mobile home lot today is, based on rent amount, roughly $30,000 to $60,000 – that means that even a small 20 space property can easily be worth $1,000,000+. Another big picture observation is the growing consolidation of the industry, as the seller was Carlyle Group (the largest private equity group in the U.S.) and buyer was another large private equity group. (It takes 8-48 hours) We will try by our best to have download link on time. One immportant thing, you can Online Chat with me and receive download IMMEDIATELY.

The MHPF Principals’ extensive background and relationships help them identify properties that minimize investment risk and maximize cash on cash returns for investors. Some things require the owner to be there 16 hours a day to succeed, such as a restaurant. Others mandate that the owner be there 8 hours per day, such as...

Frank & Dave - The Mobile Home Park Investing Home Study Course Bundle 2

Dave Reynolds is a household name in the mobile home park business for many reasons. First is the fact that he, along with his partner Frank Rolfe, are the 5th largest owner of mobile home parks in the U.S. with over 25,000 lots spread out in over 25 states. But he is equally well known for his ownership of MobileHomeParkStore.com - which was the first mobile home park listing service in the U.S. - and features between 750 and 1,000 mobile home parks for sale.

As a result, you get the real story of how to buy and operate mobile home parks, as well as the lessons learned over nearly a half-century of collective experience in this unique asset class. MHU provides you with the information and training you need so successfully identify, evaluate, negotiate, perform due diligence one, renegotiate, finance, turnaround and operate mobile home parks. Our information is based on 100% truth, with no sugar coating, and both the good and bad aspects of the business are openly discussed. All of our content comes from the real life experiences of Frank Rolfe and Dave Reynolds, who are the 5th largest owners of mobile home parks in the U.S., with over 280 parks across nearly 30 states. This phenomenal breadth of experience sets MHU apart, and we are the #1 source of information on the industry in the U.S., appearing on hundreds of newspapers and television outlets.

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Lastly, download times are much quicker in the mornings, before noon, Pacific time. You may wish to try your downloads during that window, if you are experiencing any issues. Sometimes doing all of the files at once will lead to them all freezing. Always keep the device from turning off the screen and sleeping while the download the files "Frank & Dave – The Mobile Home Park Investing Home Study Course Bundle 2" this will result in loss of network connectivity. You can also learn online instead of downloading, but we encourage you to download for better results and viewing quality during your learn. During download make sure your device is not sleeping off screen.

frank and dave mobile home park

Either one of these videos dwarf many times over all of the combined views of videos that MHI has ever produced. There is more, but with that set-up, let’s look at what Frank and Dave had to say, which will be followed by some additional MHProNews analysis. Let’s note that using the principle of wheat and chaff, quoting the duo or other sources should not be construed as an endorsement. Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy.

Lillian Too – Feng Shui For Real Estate Success

As the industry’s multiple-decade veterans know, a prior wave of bidding up the price of communities by overleveraging, while stiffly raising site fees on consumers ends up with numbers of manufactured homeowners that often loose their investment, which can over time mean that loans on those properties go bad. After payment, We will send download link to your email within 5 minutes. After payment, the download link will automatically be sent to your email.

frank and dave mobile home park

A link to set a new password will be sent to your email address. Normally the cost is just about 10% - 20% price of the original. They also have developed some of the most respected websites dedicated to the MHP and RV park industries.

Mobile Home Park Investing Summit Videos

Along the way, Frank began writing about the industry, and his books, coupled with those of his partner Dave Reynolds, evolved into a course and boot camp on mobile home park investing that has become the leader in this niche of commercial real estate. Frank has been in the mobile home park industry since 1996, when he purchased his first park in Dallas, Texas. Since that time, Frank has owned and operated over 130 mobile home parks throughout the Great Plains and Midwest. Recently, he and his partners were the subject of articles in the New York Times, Bloomberg, and numerous other publications and television shows, focusing on the affordable housing industry in the U.S. The overall objective for each property is to provide an excellent return on investment for investors, while at the same time providing every resident with a safe and affordable place to live.

frank and dave mobile home park

Eric is a Key Principal of the Fund Manager for several manufactured housing community Funds, and MHP Funds, LLC, the marketing arm for those Funds. MHP Funds and their affiliated companies are believed to have a portfolio containing the 6th largest number of mobile home lots, with over 19,000 lots in over 165 parks in 28 states. For the price of roughly 3 monthly lot rents on just 1 lot you can own the most comprehensive course on mobile home park investing there is. You not only get Frank and Dave’s experience but also several other special guest speakers to provide additional insight on this years subject. MHU is devoted to providing you with the most accurate and up-to-date information on the mobile home park industry, based on 100% truth and no fiction.

Frank Rolfe has been an investor in mobile home parks for almost two decades, and has owned and operated hundreds of mobile home parks during that time. He is currently ranked, with his partner Dave Reynolds, as the 5th largest mobile home park owner in the U.S., with over 250 communities spread out over 25 states. But it all began with one mobile home park, Glenhaven, in Dallas, Texas. Nobody is going to buy a $237 million park with all-cash. The key to good returns in the mobile home park industry is the power of leverage.

frank and dave mobile home park

The $237 million mobile home park has lot rents of around $2,000 per month which, based on an expense ratio of about 30%, equals a cap rate of around 4.5%. This is perfectly in-line with many California apartment deals. So the price is not really staggering from a return-on-investment standpoint. This helps to back-stop the value of the park since it ties back to actual economics and not pure speculation – which is the domain of land speculation. In addition to his duties at MHP Funds, Frank co-owns Mobile Home University, which is the leader in educational information on the mobile home park industry, and provides six classes per year on mobile home park acquisitions and operations. Virtually all of the industry-specific lenders, brokers, buyers – even the children of the largest portfolio owners in the U.S. – have attended these classes.

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