I recently appeared on the Freakonomics podcast on the topic of mobile home parks. But there was one critical item that was edited out of that discussion when it finally hit the air. In this Mobile Home Park Mastery podcast we’re going to explore the one topic they apparently found too taboo and why it’s so important to the narrative today on the relationship between park owners and residents.

The Critical Item That Freakonomics Left Out

Warren Buffett is America’s greatest stock investor, but his philosophy changed over time from “cigar butt” to value investing – and that transition is when his profits soared. In this Mobile Home Park Mastery podcast we’re going to overlay Buffett’s theories on trailer park investing and spot the similarities and differences.

Buffett, Cigar Butts And Trailer Park Investing

Mobile home manufacturing has cycled between about 60,000 and 400,000 units a year and one group that could care less are mobile home park owners. Why is there such a disconnect between how many mobile homes are built each year in the nation’s factories and how much money mobile home park owners make? In this Mobile Home Park Mastery podcast we’re going to explore why manufacturing and park ownership have no meaningful relationship.

Why Park Owners Don’t Care About Home Manufacturing Data

When doing due diligence on a mobile home park there are some things that you can’t leave to chance and others that you can tactically let slide. So when do you need permission and when do you ask forgiveness? That’s the topic of this Mobile Home Park Mastery podcast. As you’ll find out, there’s a definite strategy to it all.

Permission Vs. Forgiveness

Raising lot rents to market levels is a continual challenge as most mobile home parks currently sit at a fraction of where rents should be. Park owners spend hours ruminating over the how much to raise rents, not because they are constrained by market forces, but simply wanting to make sure that they are fair in how to do their calculations. In this Mobile Home Park Mastery podcast we’re going to review what the mechanics are of a successful rent increase.

The Mechanics Of A Successful Rent Raise

Mobile home parks are mostly a cashless business today, with virtually all residents paying by checks, money-orders or automated clearinghouse (ACH). However,  before you put away your change drawer, there are still some instances in which accepting cash is vital. In this Mobile Home Park Mastery podcast we’re going to discuss why having a firm policy of “no cash accepted” can cost you significant money without a more flexible framework.

Take The Cash

There are few vendors as tough to handle as paving contractors. They have some basic methods to take advantage of park owners that you won’t learn until after it’s too late. In this Mobile Home Park Mastery podcast, we will explore the typical scams pavers have developed over the years and how to protect yourself from these unscrupulous methods.

Paving The Way To Ruin

Some cities have started restricting the age of homes that you can bring in to fill vacant lots. But can they legally do that? And what do you do if they decide to give it a try? In this Mobile Home Park Mastery podcast we’re going to explore how to correctly address this issue.

All About Home Age Restrictions

Mobile home parks are, at their most basic, parking lots. And a growing number of these parking lots are being torn down to make way for new development. In this Mobile Home Park Mastery podcast we’re going to explore what’s behind this growing trend and what the ramifications are for the mobile home parks left behind.

The Forces And Impact Behind Accelerating Park Redevelopment

Contrary to what woke media outlets may claim, mobile homes are very much mobile, and they are changing locales at a much faster rate these days. When a mobile home moves from one park to another it’s called an “organic” move – and it’s a great thing when you are the property they are moving to. So why are the number of “organic” moves increasing and how can you do more to attract these customers?

The Growing Trend of Organic Home Moves

There are a huge number of myths about mobile home parks, as well as some items that appear fantasy but actually work in reality. In this Mobile Home Park Mastery podcast we’re going to explore some of these theories and determine which are fact-based and which are nonsense. Many of these items can be of great importance in buying and operating mobile home parks, so it’s important to know which ones you can trust.

Fact Or Fiction?

That’s right, we have released Mobile Home Park Mastery’s 300th episode. That’s over 50 hours of recorded information on all aspects of the mobile home park industry and available right here. But how have things changed in this sector over the past six years – as we’ve been doing this podcast since 2017? In this Mobile Home Park Mastery podcast anniversary special we’re going to look back on the origins of the podcast and explore the top ten most significant changes to the industry since we first went on the air.

Our 300th Anniversary Special

There’s a recession coming to America soon – that’s the opinion of virtually every economist. So how can you prepare for the coming financial apocalypse? There’s a simple mantra that will keep you out of trouble in every recession/depression, and we’ll review that concept, why it’s perpetually true, and how to get your investments aligned with that quickly in this Mobile Home Park Mastery podcast.

A Mantra To Keep You Out Of Trouble

The political issues that mobile home park owners face today boil down to a simple question: are mobile home park owners required to do the work of state and federal government? Apartment owners have received subsidies for residents who cannot afford to pay market rents for decades, yet mobile home parks receive no such assistance. In this Mobile Home Park Mastery podcast we’re going to drill down on this issue and explore the question of subsidies and who should pay them.

The Great Subsidy Debate

Between AI and an over-educated employment base, there is a significant shift in the future of careers that is definitely in favor of mobile home park owners. What are those trends and how will it impact our customers’ ability to pay ever-higher lot rents? That’s the focus of this Mobile Home Park Mastery podcast.

The Changing State of Employment

One of the most profitable segments of the mobile home park business is the “heavy lift” turn-around. But it’s definitely not the right choice for every investor and comes with a slate of potential pitfalls. In this Mobile Home Park Mastery podcast we’re going to drill down on the good and bad aspects of bringing nearly dead parks back to life.

The Pros And Cons of Heavy Lift Turn-Arounds

Since most cities hate mobile home parks, it’s imperative that you understand your rights under zoning. In this Mobile Home Park Mastery podcast we’re going to review the components of a certificate of zoning compliance as well as other issues that have an impact on your rights to operate.

Understanding Zoning Compliance

Across America, mobile home park owners are in a race to provide more amenities for residents to increase the perception of “value” for their rent. But not all amenities are created equal. In this Mobile Home Park Mastery podcast we’re going to review some of the worst amenities you can build, as well as provide caution on the location of some of the good ones.

Amenity Nightmares

The simple “trailer” becomes a ball of complexity when you examine the laws governing remodeling and selling these units. In this Mobile Home Park Mastery podcast we’re going to review the basic rules on getting new and used mobile homes refurbished and sold so you can stay on the right side of federal, state and local laws.

A Primer On Housing Laws

Webster’s defines “fear” as “an unpleasant emotion caused by the belief that someone or something is dangerous and likely to cause pain, or a threat.” However, how you react to fear can be either hugely beneficial or a roadblock that can ruin your future. In this Mobile Home Park Mastery podcast we’re going to explore how fear can be good or bad, and why its existence can be an important tool to being a successful mobile home park investor.

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