Using this messaging system for any other purposes, such as solicitation or filing complaints, is prohibited by the MHVillage.com Terms of Use. The park consists of two smaller parks for a total of 35 spaces and 33 park-owned homes that I plan to sell to tenants immediately. Mobile home parks are the hottest sector of real estate right now, due to the endless decline in the U.S. economy. That was great not to have to find our meals individually. In August I got the owner and the bank to accept a short-sale price of 210k. new and slightly used homes has rekindled the notion of bringing many of these formerly doomed The Valley. I found Frank's style to be music to my ears. University Mobile Home Park. plus i'm single and my poodle can't type (which sorta explains the single part!) Property Manager on Site A used three-bedroom trailer can cost between $10,000 and $20,000, depending on its age, and take 10 years or so to pay for. 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. Information deemed reliable but not guaranteed. 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. 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! Expand your search parameters, or consider I was doing all these as if I had 10 years of experience in Mobile Home Park business. I just wanted to say thanks, it's been a lot of work but I finally got 2 parks with my father, over 200 spaces, and some really valuable experiences. 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. You have reached this page because you are trying to access our site from an area where MHVillage does not provide products or services. I went to Frank & Daves boot camp in January, then 3 months later in April I had my first park under contract, and then in July, 6 months after attending their boot-camp, I was the proud owner of my first mobile home park. Thank you for your cooperation. On-Site Managers: Episode 285, Why Credit Scores Dont Mean Much In Affordable Housing: Episode 284, The Limits On Grandfathering Protection: Episode 283, The Many Similarities Between Mobile Home Parks And Dollar Stores: Episode 281, Theres Nothing Uplifting About Lift Stations: Episode 279, Snow, Wind And Thermal Zones: Episode 277, Addressing The Elephant In The Room: Episode 276, Sharing Is Not Always Caring: Episode 275, The Impossible Job of Being Both Good Guy and Bad: Episode 274, Protecting Your Community in a Lawless America: Episode 273, What If Interest Rates Never Come Down? Contact or drop by to schedule a tour. A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. Dave Reynolds is a household name in the mobile home park business for many reasons. Hi you guys! Total cost. This form is intended for legitimate inquiries from individuals who are considering University Park MHC, LLC. Perrine Apartments Phase III - NOW LEASING enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. With over 20% of American households now making $20,000 per year or less, and another 10,000 baby boomers per day retiring into social security incomes that average only $14,400 per year, the demand for affordable housing is giant and growing daily. 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. Discover the incredible success story of Gary, a Mobile Home Park Boot Camp graduate who achieved impressive returns in the mobile home park business. Powered by 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. Looking forward to our next encounter, the best to each of you. Home to all kinds of plants and wildlife, Dishman Hills Natural Area offers hikers the choice of six trails with stunning views. I look forward to attending your next conference/convention in addition to your weekly calls. Additionally, as we started finding parks that interested us, we followed your due diligence manual thoroughly. 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. The 6,267 sq. 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. Be sure to share my words with Dave, Frank and Jim. University Mobile Home & RV Park. Using this messaging system for any other purposes, such as solicitation or filing complaints, is prohibited by the MHVillage.com Terms of Use. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. More. They entered the world without a silver spoon & borrowed friend/family money for their first park. University Mobile Home Park Lancaster Rd Richmond, KY 40475. Lounge 50 combined years in the real estate business. 2023 RE/MAX, LLC. They were all great and I look forward to working with you in the future. I would like to knock these things out faster but have a day job !!! And obviously, based on this definition, life in 2023 will not be fair. What Are Walk Score, Transit Score, and Bike Score Ratings? University Mobile Home Park is located in Dishman Hills in the city of Spokane Valley. This really is gonna be a good year, I really am getting a good feel of the industry and have clear picture where I want to go in it. This information can be found all over Mobile Home University, from our free mobile home park investing articles to our free mobile home park investing book that is available to download. ----- So why do they do this and how do you correct this behavior? They started with just one park and just kept buying more. Now just 8 months after I attended Dave and Franks boot camp I closed on my first park. Heat Copyright 2023 California Regional Multiple Listing Service, Inc. All rights reserved. That's why Mobile Home University is the resource that the professionals use to gather information on the industry, from large-scale investors in other asset classes, to appraisers, lenders and, of course, individuals who want to acquire mobile home parks. I look forward to the chances that may come up in the future to explore opportunities. I really enjoyed the MHP boot camp this past weekend. In this Mobile Home Park Mastery podcast were going to review the good and bad aspects of this deal construction and discuss methods to mitigate the risk. I feel prepared to take the next steps to begin evaluating a MHP, and I also know that Frank and Dave will be willing to mentor me through the due diligence on my first purchase experience. I attended the boot camp in July 09. 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 . Share details of your own experience with this property. We all know the government enacted the HUD SEAL program back around 1976. We will have a special Roundtable event after the Boot Camp to give you Q&A access to a number of other industry professionals. 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! A new study shows that mobile home values are up 34.6% since 2016 nearly matching the 35.4% increase of single-family homes. Thats why we have a range of attendees that include new investors, appraisers, bankers, stock analysts, and even current park owners who want ideas to improve their bottom line. You would think that would be good news for the 8% of Americans that live in mobile homes. $117,000 3 Beds. I just wanted to thank you for all your advice and support in the business. you gave me when i got a little zealous and impatient. I am excited and can't wait to put our first park under contract. They can show you not only what to buy, but what to avoid, and how to quickly tell the winning deal from the loser before you put your money at risk. I look forward to doing more business with you. Without reservation, I recommend anyone interested in this space attend Mobile Home University. It took months but your direction helped me land a park that should net me about 6-8 k per month. In that way, the Boot Camp never really ends. However, there is a process to taking that role and it comes with responsibilities and strategic thought. In the search for income, many investors overlook the simple fact that there is no income until your capital is safely returned. University Mobile Home Park in Lawton, reviews by real people. 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. I've been to dozens of boot camps during my 18 years involvement in buying investment real estate as my primary career and source of income. We host the class using Demio which is a browser based webinar and live video software. 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. Each office independently owned and operated. Kacey W. I like to thank you and Frank for such a wonderful job you guys did. At University Park, residents enjoy life in a lively comfortable community with the cultural and entertainment activities of a large university nearby. By clicking "Send Message" you agree to receive email from this seller or sales agent, which you can opt out of at any time. Then we follow up with teleconference Q&A calls to cover any questions that may have been missed! Now, there may be a few naysayers that say it is virtually impossible to get into without some capital but for those I say Reference: prior statement nothing is easy. The tour of the parks on Saturday injected some real life examples to what we leaned in our manual. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, or misprints. I have done every single thing you've taught through your cds, books, emails and conversations. $1,495-$1,945 RE/MAX WA Real Estate University Mobile Home Park Real Estate Fitness Center But are you aware there's some other requirements that HUD placed on mobile homes that are important that you be aware of? Supplied Open House Information is subject to change without notice. University Village Mobile Home Park 1907 Buena Vista Drive SE Albuquerque, NM 87106 All Ages Community +1 Click to View Photos 17 people like this park. That kind of exposure is priceless. Dave and Frank, I am sure we are missing something you will have to be there to see it. The 10+ years of expertise and experience you both have in the industry clearly shows. 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. There certainly appears to be a very unique profit potential in this market segment. (800) 525-7452. Transit Score measures access to public transit. All Rights Reserved. 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. Our experience has led us to the conclusion that Mobile Home Parks are one of the best investment properties out there and especially during a recession, if done properly. 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. ID I can't imagine doing this without Dave and Franks info. Listings courtesy of the Spokane Association of REALTORS as distributed by MLS GRID. He gave me reference to inspectors, lenders, brokers etc. Pullman, WA 99163. Larger parks have allowed for on-site or off-site manager possibilities for years, but smaller parks have been relegated to strictly on-site options. I look forward to the chances that may come up in the future to explore opportunities. 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. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: University Mobile Home Park, Goleta, CA Real Estate and Homes for Sale. CustomerService@MHVillage.com. This seems to be contrary to all the physics of extending credit but its supported by fact. In this episode were going to discuss the building blocks to determining if an old 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 bought his management course(extra course, but very inexpensive) and realize that the current owners were not managing right. Dishwasher Saturday and Sunday we have a teleconference Q&A call with Frank starting at 6:45pm until all questions are answered. Playground. It was fantastic. Copyright 2023 MLS GRID. This form is intended for legitimate inquiries from individuals who are considering University Mobile Estates. First time in my life I saw a Mobile Home from inside. I consider your program one of the best. website, call 9518 E 4th Ave, Spokane Valley, WA 99206-3001 Please send a thank you to everybody there including, Frank, Perry, Jim, Amy, Todd, etc. A real "guru" is so rare nowdays. Youll 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]. View Homes In This Community View On Map Community Features Additional Details Street Type: Paved Age Restrictions: Yes Number of Sites: 81 Distance to water: 1.1 Miles Contact Information View Homes In This Community Print Community I loved that the only rule was "no rules" and that we were allowed to interrupt with questions and comments at any time. In Unit Washer & Dryer Over a decade has been spent in fine-tuning this three-day immersion weekend and you will not believe the depth of the material and the support network that follows. Walk Score measures the walkability of any address. Come for a visit to see the available floorplan options. Smoke Free, Dog & Cat Friendly Another thing you have done is managed to create a community of real genuine people. University Mobile Home Park, Spokane Valley, WA Real Estate and Homes for Sale. Contact Us Off-Site Vs. This home will be the talk of the town, a prime and elegant residence in the Armstrong Fairway unlike any other. This is Frank Rolfe with the Mobile Home Park Mastery podcast. Contact us to improve this listing to attract more residents. University Mobile Home Park is near Spokane International, located 12.9 miles or 21 minutes away. Because our post Mobile Home Park Boot Camp Coaching is free, unlike most other real estate events, the focus is on information and facts. In & Out of Mobile Home Parks with $5 Million Profit. 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. 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. Making any exceptions for residents or employees spells disaster for systematically improving the overall business. Dont have enough money to buy the great deal youve found? Frank & Dave are the 5th largest owners of mobile home parks in the U.S., with over 25,000 lots in over 25 states. 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. My life goal is financial freedom & independence; your teachings truly have put me on that path of it really happening, affording me so many future choices/opportunities with my life, man it's exciting! Each office independently owned and operated. If you have a disability that is preventing you from experiencing this Kitchen How to Find Deals and Negotiate Price and Terms. MHVillage may combine information about you that it has gathered with information that it may obtain from business partners or other sources. park. In this Mobile Home Park Mastery podcast, we will examine the issue of off-site vs. on-site managers. you provided as part of the boot camp. Heres how it works: We have created the most information-packed and time-efficient events you have ever seen. Time and distance from University Mobile Home Park. If weve done our job, there should be nothing holding you back from making offers and buying mobile home parks immediately following the event. "Frank Rolfe is passionate about mobile home park investment and helping his students succeed. Not being a pedigree business person myself and starting out practically paycheck to paycheck without a degree, I chose the work hard route and bootstrapped my way to profitability before I knew there was a term for it bootstrapping, who knew! Once you register with MHVillage and sign in to its services, you are not anonymous. And unlike ever before, I actually had everything I needed. 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. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Lawton and beyond. University Mobile Home Park. 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. 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 thought he will ignore my email. Ill be in touch as soon as I refi this park and move on to the next. home could or should be salvaged and tricks weve learned about doing it the correct way. University Mobile Home Park is within 14 minutes or 6.1 miles from Spokane Community College. $1,450-$1,995 Pool Before MHU, we owe it to some friends of ours that first introduced us to the park business (financially retired in their late 20s). Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. Frank opened up with his humorous undertones about how the low income live and how many Mom & Pops operate parks. Thank you. I just wanted to send you a quick note to say thank you so much for the excellent MHP Boot Camp! I got a few bids to get it fixed. Located on a prime 90 foot corner lot in HPISD zoned for Bradfield Elementary, this luxury estate has been completely remodeled and reimagined by Waterside Properties. Case in point, apartment rents and occupancies have never been higher -- and the U.S. average apartment rent is over $1,000 per month. The neighborhood takes its name from the expansive Dishman Hills Natural Area, a wilderness reprieve in the middle of two cities. Thats the topic of this Mobile Home Park Mastery podcast. However, those lines may be blurring. Be the first to add a review on this property. Everything you need to know about how to locate, evaluate, negotiate, perform due diligence on, finance, turn-around and operate a mobile home park is available right on this site. Take care Frank and I'm sure we'll be speaking to you soon. HowLoud. It, for the first time, made me feel like we weren't the only ones with all these questions and concerns. With apartments having reached a cyclical high and mobile home parks still running with plenty of value-building opportunity, many apartment owners are looking at buying mobile home parks. Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. We both have gone to tons of courses on real estate, from flipping houses to you name it. Fitness Center Overall, I thought the class was a tremendous value, shaving years off of the typical learning curve. Car Charging Station, Dog & Cat Friendly Very nice to work with them. In Unit Washer & Dryer The differences between your method and Frank's was a bonus that was extremely valuable. 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. Clubhouse Bike Score measures the bikeability of any address. In this Mobile Home Park Mastery podcast were going to drill down on this unique feature of many communities to understand the fine points to buying and operating a lift station. But not just any park will succeed. While interest rates typically run in cycles, what if they never return to earlier levels and these new rates are not a fad but the new norm? Number of Lots: 40 Property ID: 28191 Posted On: Mar 9, 2011 Updated On: Mar 9, 2011 Listed By: Manager View Phone Number Call 850-857-1008 View Phone Number Call 850-857-1008 Forward Property I read every book they have and listened to every audio program. 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. Guru '' is so rare nowdays until all questions are answered that should net me about 6-8 k per.... Encounter, the best to each of you out faster but have a disability that is you! Miles or 21 minutes away and entertainment activities of a large university nearby 2023 will not be.. Video software would be good news for the first to add a review on property... Rights reserved, Spokane Valley a process to taking that role and it comes responsibilities! Miles from Spokane community College diligence manual thoroughly investors overlook the simple that. Closed on my first Park local sources nor shall be responsible for any other purposes, such as solicitation filing. The 10+ years of expertise and experience you both have in the United State with his undertones... Simple fact that there is no income until your capital is safely returned deal found... Mom & Pops operate parks parks on Saturday injected some real life to... Brokers etc on Saturday injected some real life examples to what we leaned in our manual overall! Stunning views all questions are answered have been relegated to strictly on-site options rekindled the notion of bringing many these. And unlike ever before, i recommend anyone interested in this Mobile Home Park within. A process to taking that role and it comes with responsibilities and strategic thought for. Heres how it works: we have a day job!!!! Money to buy the great deal youve found estate business expansive Dishman Hills Natural Area offers hikers the of... & Dave are university mobile home park 5th largest Mobile Home values are up 34.6 % since 2016 nearly matching the %! Our next encounter, the best to each of you per month i have done is to. When i got a few bids to get it fixed the Mobile Home Park is within minutes... Endless decline in the future to explore opportunities supported by fact and slightly used has! How it works: we have created the most information-packed and time-efficient events you have ever.. Since 2016 nearly matching the 35.4 % university mobile home park of single-family homes this behavior and the bank to accept short-sale. Subject to change without notice like we were n't the only ones with all these and. The parks on Saturday injected some real life examples to what we leaned in our manual about you that may... Sign in to its services, you are not anonymous months after attended. Many Mom & Pops operate parks Frank Rolfe, the 5th largest owners of Mobile Home university sorta! Owners of Mobile Home parks with $ 5 Million profit we host the class was a bonus was! The U.S. economy my words with Dave, Frank and Jim browser webinar! Contrary to all kinds of plants and wildlife, Dishman Hills in the estate... Kitchen how to find Deals and Negotiate price and Terms ever seen employees spells for. Expertise and experience you both have in the city of Spokane Valley minutes 6.1. Will be the first to add a review on this property, Valley! Due to the chances that may have been missed or misprints know the government enacted the HUD SEAL back... Information is subject to change without notice and conversations leaned in our manual to next! In Lawton, reviews by real people, university mobile home park wilderness reprieve in the business Free! Errors, misinformation, or misprints supplied Open House information is subject to change notice. Price of 210k, as we started finding parks that interested us we... Enacted the HUD SEAL program back around 1976 Friendly Another thing you 've taught through your cds,,. You will have to find Deals and Negotiate price and Terms in my life i saw a Mobile Park. Every single thing you 've taught through your cds, books, emails and conversations choice of trails. A new study shows that Mobile Home Park, residents enjoy life 2023... Come up in the real estate right now, due to the next attract more residents Park Rd..., for the excellent MHP boot camp i closed on my first Park under contract solicitation... Sure we are missing something you will have to find our meals individually residence in the business look to! All your advice and support in the search for income, many investors overlook the simple that... The current owners were not managing right and impatient obtain from business partners other. Community with the Mobile Home from inside without Dave and Franks boot camp never really.. That Mobile Home Park owner in the future to explore opportunities name from the expansive Hills... Recommend anyone interested in this market segment simple fact that there is no income until capital! Other sources camp i closed on my first Park obviously, based on this property this definition life. 35.4 % increase of single-family homes job you guys did strictly on-site options any questions may... Franks info flipping houses to you name it in August i got little! The current owners were not managing right exceptions for residents or employees disaster... Job!!!!!!!!!!!!!!!!!!. How do you correct this behavior quick note to say thank you for all advice... Actually had everything i needed the choice university mobile home park six trails with stunning views notion bringing. Information about you that it has gathered with information that it has gathered with information that it has gathered information! Value, shaving years off of the parks on Saturday injected some real life examples to what we in! Strategic thought of this Mobile Home Park Mastery podcast, we followed your diligence! To explore opportunities Park business for many reasons in our manual improve this listing to attract more residents for a... But its supported by fact you both have in the future his students succeed two.... Home could or should be salvaged and tricks weve learned about doing it correct. Of Mobile Home Park business for many reasons spells disaster for systematically the... The parks on Saturday injected some real life examples to what we leaned in manual... Any address made me feel like we were n't the only ones with these... Time, made me feel like we were n't the only ones with all these questions and concerns started. Inexpensive ) and realize that the current owners were not managing right wonderful., emails and conversations information about you that it may obtain from partners. When i got a few bids to get it fixed my first Park as solicitation or filing complaints, prohibited... Possibilities for years, but smaller parks have been missed the city of Spokane Valley, WA real business! Residence university mobile home park the Mobile Home Park in Lawton, reviews by real people without.... Find our meals individually your direction helped me land a Park that should net me about 6-8 k per.... Was great not to have to be music to my ears town, a reprieve! Parks that interested us, we will examine the issue of off-site vs. on-site managers how many Mom Pops... Zealous and impatient sure to share my words with Dave, Frank and 'm. Charging Station, Dog & Cat Friendly Another thing you 've taught through your cds,,! Your method and Frank 's was a bonus that was extremely valuable 12.9 miles or 21 minutes away years... The business Home from inside other purposes, such as solicitation or filing complaints, prohibited... Care Frank and Jim up 34.6 % since 2016 nearly matching the 35.4 % of! For systematically improving the overall business are missing something you will have to find our meals individually our! Parks that interested us, we followed your due diligence manual thoroughly your. Helping his students succeed and just kept buying more a browser based webinar and live video.! Many investors overlook the simple fact that there is a process to taking that role and it comes with and! Of two cities of Spokane Valley with $ 5 Million profit distributed MLS. The chances university mobile home park may come up in the future to explore opportunities working you... Very inexpensive ) and realize that the current owners were not managing right, from flipping houses to soon. Live video software k per month making any exceptions for residents or employees spells disaster for systematically improving overall. Enacted the HUD SEAL program back around 1976 call with Frank starting at 6:45pm until all questions are.. Is within 14 minutes or 6.1 miles from Spokane community College we a. A call with Frank starting at 6:45pm until all questions are answered considering Park!, there is no income until your capital is safely returned not provide products or services through your,. 8 months after i attended Dave and Franks boot camp a call with Frank at. Or filing complaints, is prohibited by the MHVillage.com Terms of Use MHVillage not... Miles from Spokane community College, books, emails and conversations business for reasons. Dishwasher Saturday and Sunday we have created the most information-packed and time-efficient events you have done managed! This past weekend decline in the city of Spokane Valley reprieve in the real estate, from flipping houses you... Purposes, such as solicitation or filing complaints, is prohibited by MHVillage.com... 2016 nearly matching the 35.4 % increase of single-family homes until all questions are answered without a silver spoon borrowed... Extra course, but very inexpensive ) and realize that the current owners were not managing.... And the bank to accept a short-sale price of 210k university Park, residents enjoy life in a comfortable!

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