Everything You Wanted to Know About What Mobile Home Parks Are Like But Were Afraid to...

Oh, wait! It IS everything you already knew, and didn't have to ask.

-10/29/2018. A point for their side, they do make this statement on their landing page: "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."

At least they are honest about it, and not denying that they look into they eyes of our kids and see dollar signs reflected back. The only drawback to being a sacred cow in a mobile home park? You still end up on the bbq at the end.

Some of their more interesting curriculum points include:

• Look for older parks. You can get around most any repairs using "THE GRANDFATHER CLAUSE".
• Go speak to the county assayer, you can probably convince them to give you a tax break, because of all of the "repairs" (wink wink)
• Don't be anyone's friend.
• If a tenant calls you over a repair, make them wait at least a day before calling them back. Otherwise, they'll be calling ALL THE TIME wanting stuff fixed.
• The first thing you do after taking ownership, RAISE THE RENT
• (this is my personal favorite) No one will challenge you if you have money.