EP28: Exploring Investment Opportunities in the Mobile Home Park Industry with Frank Rolfe

Have you ever considered venturing into the often-overlooked yet surprisingly lucrative world of mobile home park investing? In this episode, I am joined by industry expert, coach, mentor to thousands, Frank Rolfe. He reveals the unique advantages of this niche market, like the scarcity and competitive moat of mobile home parks, making them a desirable investment option. We discuss the potential impact of economic fluctuations, high-interest rates, and changing financing options on this industry and even with these challenges, how this could be a still viable option. Join us as we delve into the realm of alternative investing to talk about “Mobile Home Parks” a surprisingly lucrative option to invest and the of diversifying your portfolio.Frank Rolfe has been an investor in mobile home parks for almost two decades, owning and operating 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. With his success with Glenhaven, Frank continued to buy more mobile home parks, focusing on parks that had good locations but were terribly managed.Connect with Frank:Web: https://mhu.com/Show notes:[9:45] Affordable mobile home parks with low turnover [19:56] What to look for as a potential mobile home park investor?[27:12] Mobile home sector challenges and uncertainties[38:55] Rent control–the real issue[42:39] The future of mobile home industry[47:15] How Frank thinks outside the stock?[55:27] Rapid fire[62:44] How to get in touch with Frank[64:17] OutroThink Outside The Stocks brings you industry experts and guests to share their knowledge and expertise. To invest with them directly,  please do your own thorough partner and investment due diligence.To participate in the thoroughly vetted investments and strategic partners alongside us as our passive partners, join our Investor Inner  Circle for FREE Access FREE  investor education, and join our community in the members-only area.To start your journey, download Active Cashflow with Passive Real Estate Investments.Read the full description at https://thinkoutsidethestocks.com/podcastCONNECT WITH MADHAVI JAIN: LinkedIn, FB or IG Disclaimer: This podcast is for education and information purposes only,  not an investment opportunity or financial advice. Please do your own due diligence and consult your tax, legal or financial advisor, etc., to invest.