$1,450-$1,995 Because our post Mobile Home Park Boot Camp Coaching is free, unlike most other real estate events, the focus is on information and facts. If there is anything that I may be of assistance with in this area, please do not hesitate to give me a call. But are you aware there's some other requirements that HUD placed on mobile homes that are important that you be aware of? Some errands can be accomplished on foot, but for others youll need a car. My friend introduced me to the idea of Mobile Home Parks about 13 months ago. Even though all cities hate mobile home parks, they tolerate them because of property laws governing legal non-conforming use also known as grandfathering. New owner letter went out mentioning rates would go up soon. Mobile home parks can provide both operators and passive investors with highly compelling risk-adjusted returns. More Info. For this comment to not come across as subjective, to be more specific my knowledge of plumbing was limited to how to flush the toilet, electric included how to flip the light switch on and off, and the terms zoning and sub-metered were Greek to me. Your browser is out of date or unsupported. Walk-In Closets 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! We want you to leave with every tool you could possibly need to go out and buy a park, operate it, increase the value, and sell it when you are ready. Why You Should Never Build A Mobile Home Park. High-Speed Internet Thanks for letting me come to the boot camp again. Consider this our "owner financing". 12.6 mi, 1-3 Br Even at 210k, no bank in the area would touch the park since it was in less than great shape and had virtually no income and expense records. Properties may or may not be listed by the office/agent presenting the information. University Mobile Home Park 9518 E 4th Avenue Spokane Valley, WA 99206 All Ages Community +1 Click to View Photos 5 people like this park. Heres how it works: We have created the most information-packed and time-efficient events you have ever seen. Mobile home lenders set very low expectations on customer credit scores yet enjoy very low default rates. Expand your search parameters, or consider saving this search to receive alerts when results become available. Fill out the form below to send a message to this community and request more information on this park or schedule a tour. I had everything I needed throughout the whole process. (800) 525-7452. Property Manager on Site If there is anything that I may be of assistance with in this area, please do not hesitate to give me a call. In this episode were going to discuss the building blocks to determining if an old Dave and Frank, Beautiful 3/2 Champion porch model home is available now! Being a successful park buyer requires discipline. When a mobile home park sits lower than the citys main sewer line, the only way to get the propertys sewage pushed upstream is with a lift station. University Mobile Estates welcomes any questions or comments you may have. Start living the good life at University Mobile Home Park. Thanks, Thank you. -Pratap, Thank Perry for the great pictures. It has taken us years to assemble, write and record these materials, and we are very proud of them. WA Pet Restrictions: 15 inches or less, under 20lbs. We offer 2 and 3 bedroom units with washer/dryer in each unit. The Valley offers endless. MHVillage limits access to personal information about you to employees who MHVillage believes need to come into contact with that information to provide products or services to you or in order to do their jobs. Clubhouse, Dog & Cat Friendly 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 really enjoyed the MHP boot camp this past weekend. All properties are subject to prior sale, change or withdrawal. Nothing compares to the information I got from Dave and Franks courses. With your help in directing me on my park purchase, I just received my appraisal from the bank (with whom I'm refinancing) and the value came in at 950k , not bad considering i purchased it for 550k in Feb of this year. It's a real pleasure doing business with you and I'm grateful to be in this industry with stand up guys like you and Frank. There are also five parks within 9.3 miles, including Dishman Hills Natural Area, Riverfront Park, and Manito Park. Supplied Open House Information is subject to change without notice. However, mobile home park manager sharing has its own unique issues to consider. First is the fact that he, along with his partner Frank Rolfe, are the 6th largest owner of mobile home parks in the U.S. with over 8,000 lots spread out over 17 states. Your browser is not currently supported. Claim this business. By clicking "Send Message" you agree to receive email from this seller or sales agent, which you can opt out of at any time. Maintenance on site University Mobile Home Park in Lawton, reviews by real people. you provided as part of the boot camp. The leasing team is available to assist you in finding the perfect fit. The answer is in buying mobile home parks. Jerome Powell at the Fed has ushered in an era of interest rate instability that has not been experienced in over 40 years. University Park MHC, LLC welcomes any questions or comments you may have. In Unit Washer & Dryer ----- For DMCA information, please review Copyright Complaints at https://www.remax.com/terms-of-use. MHU provides you with the information and training you need so successfully identify, evaluate, negotiate, perform due diligence on, renegotiate, finance, turnaround and operate mobile home parks. America is at a breaking point on crime. Copyright 2023 Santa Barbara Multiple Listing Service. The 3 payment plan option will show up on the checkout page. Personal information is information about you and is specific to you like your name, address, email address, phone number, website activities, etc, but is not otherwise publicly available. In this Mobile Home Park Mastery podcast, were going o discuss the ramifications of these higher rates and project the impact if they never go down again. on the mobile home park industry, based on 100% truth and no fiction. Once I am happy with them, I want look into buying more. University Mobile Estates 24414 University Avenue Loma Linda, CA 92354 All Ages Community +1 Click to View Photos 31 people like this park. This form is intended for legitimate inquiries from individuals who are considering University Park MHC, LLC. Scores provided by 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. University Mobile Home Park is located in Dishman Hills in the city of Spokane Valley. We have broken down and analyzed every detail of the industry and exposed what works and what doesn't. Wayside Village Mobile Home Park 7368 Hollister Ave, Goleta, CA 93117 Community Features Year Built: 1959 Number of Sites: 70 Street Width: Average Street Type: Paved Multisection Homes: 10% Homes w/ Peaked Roofs: 20% Homes w/ Lap Siding: 60% Age Restrictions: No Pets A. Expand your search parameters, or consider Websters defines fair as impartial and just, without favoritism or discrimination. The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. 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. We have over half a century of combined years experience in many different niches including mobile home parks, RV parks, billboards, self storages, apartments, single family housing and office space. I wouldn't be surprised at all if a partnership opportunity comes along because people have seen what we did. Package Service, Dog & Cat Friendly Walk-In Closets, Dog & Cat Friendly There certainly appears to be a very unique profit potential in this market segment. In the search for income, many investors overlook the simple fact that there is no income until your capital is safely returned. 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! The variety of food was excellent. Without reservation, I recommend anyone interested in this space attend Mobile Home University. Dave G. My husband and I really enjoyed the boot camp. MHVillage may update this policy without notice from time to time, so you should check this page frequently. The bank that owned the note agreed to finance the deal, but after months of back and forth, simply could not get the job done. But NPR is determined to show that even when park residents are big winners its all part of an evil plot by corporate owners. Fitness Center I specifically wanted to achieve three goals, improve my MHP management planning and operations, become much more efficient (and competitive) evaluating parks/making deals, and start building my network of other park investors - I accomplished all three goals! So many have fancy presentations with little backing it. Kitchen University Mobile Home Park. Thanks to your teachings, my wife and I just finished purchasing our first mobile home park and wanted to send along a "thanks" to both of you. In this Mobile Home Park Mastery podcast were going to review why mobile home parks are superior in their return levels because they virtually always start off with your capital back through superior investment construction. MHU has been the industry leader in accurate information about the mobile home park industry for over a decade, having been established by Frank Rolfe and Dave Reynolds, who are the 5th largest owners of mobile home parks in the U.S., with over $500 million in assets. All of our content comes from the real life experiences of Frank Rolfe and Dave Reynolds, who are the 6th largest owners of mobile home parks in the U.S., with over 170 parks across 20 states. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Lawton and beyond. Lease Option to Purchase / Purchase & Rental Homes Available. Off-Site Vs. We both have gone to tons of courses on real estate, from flipping houses to you name it. Receive all the tools you need to start making successful offers on mobile home parks. MHVillage collects your personal information when you register on one of its websites, when you use MHVillage products or services, or when you visit the websites owned by MHVillage or the pages of certain MHVillage partners. Its the best value that you will find anywhere without a doubt! Mobile home parks have always been viewed as the lowest-cost form of housing while dollar stores serve that same niche in the retail sector. Virtually all of the largest mobile home park operators in the U.S. even send their kids to us for training thats how well respected this event is in the industry. Homes available Click to View Photos 31 people like this Park including Dishman Hills in the city Spokane. Lowest-Cost form of housing while dollar stores serve that same niche in the city of Spokane.! Does n't form below to send a message to this community and request more information on this or... Property laws governing legal non-conforming use also known as grandfathering a message to community. 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