Mobile Home Park Mastery cover art

All Episodes

Mobile Home Park Mastery — 453 episodes

#
Title
1

The Optimal Park Size

2

Talking About My Generation ... Of Electricity

3

The Wrong Type Of Mailbox Money

4

Why Berkshire Hathaway Doubled Down On Housing

5

What You Can Learn About Residents From Their Cars

6

All About Propane

7

How An American REIT Got Lost In England

8

In Search Of The Big Offset

9

How Much Is Enough?

10

How Much Time Do You Need?

11

What Sellers Don't Tell You About Rental Homes

12

Emotion Vs. Reason

13

What You Can And Can't Do Without A Signed Contract

14

In Search Of More Affluent Customers

15

The Difference Between Suggestions, Requests And Demands

16

The Stages Of Turnaround Success

17

Forbidden Things

18

All About Loan Assumptions

19

The Utility Disruption Playbook

20

The Fake Occupancy Trap

21

Why The Industry Is So Fragmented

22

Why Nobody Cares About Market Occupancy

23

Used Home Horror Stories And How To Avoid Them

24

Security Tips

25

When – And When Not – To Splurge

26

Using Your Frontage As A Marketing Tool

27

Profiting From Two New Population Classifications

28

How To Beautify Even The Ugliest Properties

29

How To Make Home Sales Easier

30

What We Learned From The Great Chattel Collapse

31

The Win/Win Of Connecting Residents To The Outside World

32

Playing Chess With Your Vacant Lots

33

Finding Note Nirvana

34

Bad Amenities

35

All About Market Gentrification

36

Bad Manager Collateral Damage

37

Using The Correct Terminology

38

All About Back-up Contracts

39

"80% Of Success Is Just Showing Up"

40

1999 Déjà Vu

41

Understanding Jeff Bezos' "Regret Minimization Model"

42

Helpful Information For Your Residents

43

The $10 Billion Mobile Home Park Deal Explained

44

What's A "Stack" Deal?

45

How To Fix Common Survey Issues

46

Why Parks Fail

47

The Role Of Luck

48

The Science Behind Successfully Buying High-Vacancy Properties

49

Things To Double-Check Before Buying

50

The Dangers Of Favors For Managers

51

Why You Should Be Cheering On The Fannie-Freddie IPO

52

A Primer On Buying Mobile Homes At Tax Sales

53

Private Property Considerations

54

Our 400th Anniversary Special

55

The Power Of Weeknight And Weekend Office Hours

56

Avoiding Park Side-Hustles That Make No Money

57

A Game Of Chess

58

Where Have All The Lonnie’s Gone?

59

What I’d Do If I Had Five Vacant Lots

60

Stretching Exercises

61

Creating "Social Amenities"

62

Property Plastic Surgery

63

The Biggest Tool Is Often Just A Little Cash

64

Road Tricks

65

Why Tenant "First Options" Rarely Happen

66

The Power Of College Towns

67

Profiting From Interest Rate Distraction

68

All About Rental Inspections

69

The Tiny Lot Playbook

70

The Creative Dealmaker’s Playbook

71

The New Megatrends

72

Should They Stay Or Should They Go?

73

The Fine Points Of Converting From Private To Municipal Utilities

74

The New Direction Of HUD And How It Will Benefit The Industry

75

Successfully Applying The Principles Of Doge To Parks

76

Methods To Keep Homes From Moving Out

77

Home Placement Solutions

78

A New Development In Park Development

79

The Importance of "Riding The Wave"

80

A New Lease On Life

81

Why 2025 Will Be A "Rebuilding" Year Beyond Expectations

82

Fast Ways To Fill Lots Without Bringing In Homes

83

Who’s The Boss?

84

When Sharing Is Caring

85

Are "Trailers" User Friendly For Aging?

86

Quick Fixes That Really Work

87

Understanding Resident Input

88

The Ultimate “Stand Your Ground” Law

89

Why You're Going To Be Fine Regardless Of Who Wins The Election

90

How To Enhance Shotgun Parks

91

The Importance Of Continuity Of Rent

92

Lights, Camera, But Is There Action?

93

Why The “Free Rent” Movement Is Going Nowhere

94

The Science Behind Manager Commissions

95

The Importance Of The Rent To Ownership Ratio

96

The Facts About Recessions And Home Repos

97

Why There Is No Federal Government Solution To Affordable Housing

98

Everything You Need To Know About Road Widths

99

Talk Is Cheap And City Official Talk Is Worthless

100

Where Are The Distressed Deals?

101

Making Exceptions Creates Exceptional Problems

102

Navigating Pre-hud Home Deals

103

Handing Off The Lending Baton

104

Understanding The Concept Of “Hot” Markets

105

The Perils Of Hiring The Manager From The Park Down The Street

106

Really Understanding Recourse

107

Don’t Abandon “Cash For Keys”

108

Where Did That Come From?

109

Analyzing Shipment Data

110

Do You Need An Appraisal On A Seller-financed Deal?

111

Fighting Back Against A “Rigged” System

112

After-Sale Repairs

113

The Problem With Over-Qualified Managers

114

Strategies To Get Contracts Signed

115

Broker Commissions And The Law of Unintended Consequences

116

Using The Power Of Charts And Graphs

117

The First Steps After Closing

118

The Rites of Spring

119

Should You Bill Back Trash?

120

Where Science Meets Superstition

121

Strategies To Approach High Risk/High Reward Deals

122

Embezzlement Scams And How To Avoid Them

123

The Bi-polar Nature Of Vacancy

124

The $100 Trillion Deficit Disorder

125

Can Old And New Homes Happily Coexist?

126

How Far Can You Automate?

127

Easy Money

128

Harnessing The Sixth Sense

129

The Impact Of The Pending Recession

130

The New Park Building Boom That Never Was

131

Looking At Housing From A Different Perspective

132

The Lessons Learned From Charlie Munger

133

Churning, Burning And Learning

134

The Impact of The End Of The “Knowledge Worker” Era

135

The Lost Art Of Imputing Risk

136

A Positive Approach To A Pending Recession

137

The Truth About Self-Managing Your Park

138

The Top Five Ways To Boost Your Home Sales Right Now

139

When Did Parks Become More Valuable Than Office Towers And Regional Malls?

140

When Decks Become Rooms

141

Is Gold a Better Investment?

142

The Critical Item That Freakonomics Left Out

143

Buffett, Cigar Butts And Trailer Park Investing

144

Why Park Owners Don’t Care About Home Manufacturing Data

145

Permission Vs. Forgiveness

146

The Mechanics Of A Successful Rent Raise

147

Take The Cash

148

Paving The Way To Ruin

149

All About Home Age Restrictions

150

The Forces And Impact Behind Accelerating Park Redevelopment

151

The Growing Trend of Organic Home Moves

152

Fact Or Fiction?

153

Our 300th Anniversary Special

154

A Mantra To Keep You Out Of Trouble

155

The Great Subsidy Debate

156

The Changing State of Employment

157

The Pros And Cons of Heavy Lift Turn-Arounds

158

Understanding Zoning Compliance

159

Amenity Nightmares

160

A Primer On Housing Laws

161

Good Fear Vs. Bad Fear

162

Following The Studebaker Motto

163

How To Hold An Open House

164

Similarities And Differences

165

Considerations When A Manager Wants A Raise

166

The Science Behind Selling $70,000 Singlewides

167

The Playbook On Bank Failure

168

Unlocking The Roots of A Sense of Community

169

Off-Site Vs. On-Site Managers

170

Why Credit Scores Don’t Mean Much In Affordable Housing

171

The Limits On Grandfathering Protection

172

Building A Firewall

173

The Many Similarities Between Mobile Home Parks And Dollar Stores

174

Navigating Wrap Notes

175

There’s Nothing Uplifting About Lift Stations

176

Life Isn’t Fair

177

Snow, Wind And Thermal Zones

178

Addressing The Elephant In The Room

179

Sharing Is Not Always Caring

180

The Impossible Job of Being Both Good Guy and Bad

181

Protecting Your Community in a Lawless America

182

What If Interest Rates Never Come Down?

183

The Impact of Higher 30-Year Single-Family Mortgage Rates

184

New Life For Old Trailers

185

Whining Even When You’re Winning

186

How To Reduce Stress From Community Ownership

187

Options To Sidestep Conventional Banking

188

Sometimes The Best Deals Are The Ones You Don’t Do

189

Before You Can Have Return On Capital You Must Have Return Of Capital

190

What’s Wrong With Being The Market Leader In Rents?

191

The Biggest Differences Between Apartments And Mobile Home Parks

192

Listen To Stanley Marcus

193

New Ways To Find Mobile Home Rehabbers

194

Inexpensive Amenities That Residents Love

195

The Seller And Broker Lie Detector Test

196

Don’t Get Too Creative

197

The Dangers of Indecisiveness

198

The Economic Evolution of Housing And Why It’s Ok

199

Short-Term Owners Create Long-Term Suspicions

200

The Impact of Home Age

201

The Necessity Of Structure For Your Residents

202

Understanding the Science of Cash-Out Refinancing

203

The Benefits of A Positive Attitude In A Depressing World

204

Retention And Redemption

205

The Top Ten Ways To Gain Accountability From Your Manager

206

Winners And Losers In Biden’s Mobile Home Attack Plan

207

Why The Opportunity Is Much Larger Than Meets The Eye

208

The Four C’s of PerformanceThe Four C’s of Performance

209

Effective Security Measures

210

The Only World That Matters Is Your World

211

The Waffle House Vs. Mom’s Home Cooking

212

Parks Are Overpriced, Right?

213

Things Haven’t Changed Much In 67 Years

214

Pick Up The Phone

215

Let's Go Woke For a Second

216

Spring Clean-Up Events

217

The Return of The Gypsy Traveler and Rent Guarantee Scams

218

Ability, Liability And Reliability

219

Lessons Learned From Covid

220

Motivating Managers

221

The Evolving Role of Community Managers

222

Dumb And Dumber

223

To Lead Or To Follow?

224

Clarification Needed

225

What’s Propping Up The Window of Opportunity

226

Is There Room For DGX?

227

Are Residents Ruled By Love Or Fear?

228

The Stages on the Rocket of Park Turnarounds

229

Successfully Using RVs To Fill Vacant Mobile Home Lots

230

The Park Owner’s Winter Survival Guide

231

Hot Markets In The Hard Infrastructure Bill

232

No Shots No Glory

233

Don’t Hide From Unhappy Customers

234

Guarding Against Paralysis By Analysis

235

Why My Predictions Come True So Often

236

Tricks To Harness Time Transcript

237

Kung Fu Negotiation Moves

238

Can Park Owners Live Off The Land?

239

In Times Of Uncertainty Focus On What You Can Control

240

Correcting The Record

241

Values And Gravity

242

America Will Soon Learn The Concept Of Fightco Score

243

Here’s How The War On Landlords Ends

244

Overcoming The Home Manufacturing Crisis

245

Quick Charm

246

The Perils – And Opportunities – Of Fixing Density

247

Surfside And The End Of Investing In Structures

248

Let Your Residents’ Voices Be Heard

249

We’re Microsoft In 1996

250

Speeding Up The Acquisition Process With A Bucket List

251

Mobile Home Parks And Lay's Potato Chips

252

The Great Race

253

Tough Love Revisited

254

Our 200th Episode Celebration Special

255

In Volume We Trust

256

What To Do With Last Minute Problems

257

The Limits of Creativity

258

Turning Dealers Into Lot-Filling Machines

259

When Filling Lots Is Not An Option

260

Mobile Homes On Residential Lots: The Myth Vs. The Reality

261

Speculation Vs. Income Investment: A Primer

262

Before You Pull The Trigger On Closing

263

The Issues With Being One Platted Tract Of Land

264

Why Managers Fail And How Can You Minimize That

265

The Best Parts About The Mobile Home Park Owning Lifestyle

266

Mobile Home Manufacturing Has Nothing To Do With Mobile Home Parks

267

The “Moat” Keeps Getting Wider And Deeper

268

Why Solving Affordable Housing Is A Political Problem, Not A Structural One

269

Why Hot Mobile Home Park Markets May Appear Cold To Outsiders

270

Top Tips On Filling Lots

271

Observations On The Top And Bottom Ten States For Park Supply

272

Why The "Salescope" Report Is A Powerful Tool

273

Celebrating The Builders

274

It's All In The Jobs

275

Stanford University’s Megatrend List and the Impact on Mobile Home Parks

276

What If Johnny Appleseed Owned A Trailer Park?

277

Why Parks May Be The Most Valuable Land In Any City

278

The Simple Science Of Making Money

279

The Potential Impact Of What The Economists Are Saying

280

The Five Historical Eras Of Mobile Home Park Construction

281

What's Really Happening to Our Costumers?

282

Old Homes

283

Financial Options To Buy Homes To Fill Vacant Lots

284

Revisiting The Name Game

285

Direct Mail

286

Agency Debt

287

Unlocking Your Performance Potential

288

Geography Revisited

289

Where There’s Smoke There’s Fire

290

Park Layouts And What They Mean

291

Megatrends Revisited

292

The “Detached Apartment” Model

293

“Skin In The Game”

294

Understanding The Game Plan For Cash-Out Refinancing

295

The Right And Wrong Way To Keep In Touch With Your Residents

296

All Mobile Homes Come With A Hitch

297

Before And After Closing

298

Old-Timer Wisdom

299

The Harsh Realities Of Supply And Demand

300

Speaking Softly But Carrying A Big Stick

301

Gambling With Big Chips

302

Are Mobile Home Parks Really A “Predatory” Business Model?

303

The Truth About Trailers And Trouble

304

Thoughts About Buying Small Parks

305

Who Was Swimming Naked And Why?

306

Back To The Future

307

Lessons Learned From North Lamar

308

The Top 7 Deal Killing Hurdles - Part 2

309

The Top 7 Deal Killing Hurdles - Part I

310

Important Quotes, Sayings, Stories And Jokes

311

Highlights From The New York Times Backstory

312

Critical And Trivial Dates In Mobile Home Park History

313

The A To Z Of Mobile Home Park Investing Terms

314

Where Have All The Mobile Home Dealers Gone?

315

Nimby Vs. Yimby = Gumby

316

Trailer Vs. Tech For Highest Yield

317

The 1 – 2 Punch of Park Performance

318

Why Our Residents Are Always Free To Leave (Even If The Media Can’t Stand It)

319

Opportunity Zone Trailer Park Concepts

320

The Park Owner’s Pledge (And What It Doesn’t Include)

321

1955 Time Warp

322

Myth Buster’s Trailer Park Edition

323

Letters From Our Residents And What They Mean

324

The Benefits Of Solitude

325

Kung Fu Lessons For Mobile Home Park Owners

326

Ford Vs. Ferrari Vs. Trailer Park

327

Mobile Home Park Owners Vs. Rodney Dangerfield

328

Beware The Silver Tsunami In Housing

329

A Trailer Park Spin On Old Sitcoms

330

New Year’s Predictions

331

Striking a Healthy Balance Between Resident and Owner Interests

332

America Is Getting a Reality Check on Bringing Old Cities Back To Life

333

Old Homes Never Die – Or Should They?

334

Is The Glass Half Full or Half Empty with 50% Occupancy?

335

What the Industry Has to be Thankful For

336

Throwing Down the Gauntlet on Affordable Housing

337

Creative Deal Making With Debt Construction

338

Analyzing the Range of Reactions I Get When I Say I Own Mobile Home Parks

339

The Quarter-Billion Dollar Park Era Is Here

340

The Associated Press Just Can’t Figure This Point Out

341

The Associated Press Is Waking Up To Reality

342

Interesting Properties

343

Interesting Characters

344

Five Great States To Buy A Mobile Home Park In And Why

345

Why Mom And Pop Owners Behave Like They Do

346

Why Residents Behave Like They Do

347

Why City Governments Behave Like They Do

348

Why Banks Behave Like They Do

349

Giving Park Residents A Political Voice

350

Green New Deal? Mobile Home Parks Have Been Green For Decades

351

Why Mobile Home Park Owners Are Better At Governing Than The Government Itself

352

Gearing Up For The Political Season

353

There’s Nothing “Greener” Than Mobile Home Parks

354

Our 100th Anniversary Special

355

Making Sense Of Interest Rates On Mobile Homes And Mobile Home Parks

356

What Would Joanna Gaines Say?

357

The Wide Range Of Customers In Mobile Home Parks

358

The Real Political Paths To Improving Affordable Housing In Mobile Home Parks

359

Residents Gaming The System And How To Protect Yourself

360

All About Determining Park Horsepower

361

Trailer Park Chic – The Latest Trends

362

Trailer Park Archaeology

363

Mobile Home Lessons Learned From Great History Books

364

Mobile Home Lessons Learned From Great Biographical Books

365

Mobile Home Lessons Learned From Great Military Books

366

Mobile Home Lessons Learned From Great Business Books

367

Industry Trivia From The 1970s To The Modern Era

368

Industry Trivia From The 1950s To 1960s

369

Interesting Industry Trivia From The 1920’s To 1940’s

370

Perfect Peace Of Mind

371

Perfect Customer Retention

372

Perfect Employee Productivity

373

Perfect Protection From Liability Risks

374

Perfect Adherence To Budget

375

Perfect Property Condition

376

Perfect Home Renovations

377

Perfect Occupancy

378

Perfect Collections

379

Dealing With Animals

380

Breaking The Mental Barriers About Managing Parks

381

Breaking Through Mental Barriers To Buying Parks

382

Breaking Through The Stigmas About Our Business Model

383

Breaking Through The Stereotypes About Our Customers

384

Market Fails

385

Financing Failures

386

Big Management Fails

387

Occupancy Fails

388

Lessons Learned From Failed Mobile Home Parks

389

The Dirty Job Of Cleaning Up After Disasters

390

Getting Dirty With City Government

391

The Dirty Job Of Managing Water And Sewer

392

The Dirty Job Of Park-Owned Homes

393

Dirty Jobs Episode Two: Rules Violations

394

Dirty Jobs Episode One: Collections

395

The Jekyll & Hyde Nature Of Economics In Deal Evaluation

396

The Jekyll & Hyde Personality of Utilities

397

Jekyll & Hyde – The Impact Of Slight Changes In Deal Variables

398

Mobile Home Park Noblesse Oblige

399

Putting An End To Waste

400

Resident Tough Love

401

The Power Of The Brain

402

Using Software To Better Manage Your Property

403

Virtual Assistants Can Yield A Real Benefit To Park Owners

404

Surveillance Tools

405

The Top Five Tools of Mobile Home Park Owners

406

The Easiest Turnaround Model Of All

407

Easy Turnarounds That Are Just Improperly Priced

408

Taking Control Of Water & Sewer Expense

409

More Easy Turnarounds

410

Easy Turnarounds

411

The Toughest Turnaround Of All

412

“This Must Be A Hollywood Set”

413

A Tough Turnaround With A Chase Scene

414

A Tough Turnaround In Oklahoma City

415

Tough Turnarounds

416

Tips On Creating Seller Notes

417

Some Tips On Writing Contracts

418

All About Evictions

419

Did the Safe Act Make Mobile Home Park Residents Safer – Or Just Remove Their Options?

420

The Legal Side To Mobile Home Park Ownership

421

Regional Differences In Our Resident Base

422

Hopes And Dreams Of Our Residents

423

Residents’ Mobile Home Selection Criteria

424

How Residents Choose Which Park To Live In

425

Lessons Learned From Our Residents: Why They Live In Mobile Homes

426

Dealing With Raw Land That Often Comes With A Park Acquisition

427

Secrets On Economic Opportunity With Clubhouses And Laundry Buildings

428

Operating Self-Storage And Commercial Buildings In Your Park

429

Apartments Inside Mobile Home Parks

430

Mom & Pop Houses Inside Mobile Home Parks

431

The Ultimate Program For Financing Mobile Homes

432

Selling or Renting Mobile Homes

433

Renovating Mobile Homes

434

Buying Used Mobile Homes

435

Understanding the History of Mobile Homes

436

Ugly Deals

437

Bad Deals

438

Good Deals

439

Three Action Steps In Selling A Mobile Home Park

440

Three Action Steps To Correctly Operate Your Mobile Home Park

441

Three Action Steps To A Successful Park Turn-Around

442

Why Ben Franklin Was Right -- Three Action Steps To Better Due Diligence

443

Three Action Steps To Better Negotiating Skills

444

Three Action Points On Finding A Mobile Home Park To Buy

445

The Current Investment Climate

446

Where The Investment Types Stand Today

447

The Current State of the Product.

448

The Government's Role in the Future of Mobile Home Parks

449

The Future Of Mobile Home Parks

450

Consolidation

451

The Mathematics Of Mobile Home Parks

452

The History Of Mobile Home Parks

453

Why Invest In Mobile Home Parks.