How to successfully buy and sell mobile homes, a winwin approach for investors and mh park owners. A leader in design, innovation and construction technique, fairmont offers recreational homebuyers valuepacked and stylish mobile homes. Mobile home park 1020 investment system kindle edition by reynolds, dave, frank rolfe. For the past decade, dave reynolds has been involved in most aspects of the manufactured housing industry, from buying and selling mobile home parks to running the industrys most popular website for buyers and sellers of mobile home parks. Your section on how you arrived at what you do is a classic.
For nearly half a century, the fairmont homes brand has been synonymous with beautiful, qualitybuilt housing. Dave reynolds is a household name in the mobile home park business for many reasons. First is the fact that he, along with his partner frank rolfe, are the 6th largest owner of mobile home parks in the u. Greatschools ratings are based on a comparison of test results for all schools in the state. Daves quality homes offers manufactured and modular homes that accommodate your preferences and budget. On top of that, mobile home park owners are essentially renting land, so that they do not have to save for expensive capital improvements. Mobile homer the new system of mobile home investment.
Frank rolfe and dave reynolds rank as the 5th largest owner of mobile home parks in the u. Current model year mobile homes can receive a discount of up to 10 percent. The importance of population size in market selection by. Dave i purchased your mobile home investing book online yesterday. Sand springs singlewide mobile home factory expo home. Home university, run by rv horizons coowners frank rolfe and dave reynolds, noted the fact that. The reality is that in many areas, manufactured homes, also known as mobile homes, are the primary residence of choice and one of the most difficult types of homes to get a competitive interest rate home loan on. In a downsized economy where only service industry jobs seem to be booming, the trend is away from upscale properties while demand is growing in the rental sector. Double wide floor plans offer comfortable and modern living at an affordable price, a perfect option for growing families that need the extra space. This 859 square foot single wide home is available for delivery in texas, louisiana, mississippi, arkansas, oklahoma, new mexico, kansas. Take a 3d walkthroughs, see pictures, and select options all online. This has now become a formula they teach at mobile home university. As your local fleetwood homes model center, we can do much more than sell you a great home. Frank and dave book with pictures v3 mobile home university.
Frank rolfe and dave reynolds have been legends in the manufactured home. It is designed to be a starting point to help parents make baseline comparisons, not the. Dave reynolds is the coowner of the 6th largest mobile home parks business in the united states. He and his business partner, dave reynolds, started buying trailer parks together shortly after the subprime meltdown. While rolfe and reynolds originally both taught mobile home university, rolfe is.
How frank rolfe and dave reynolds quietly became the kings. We thought about charging for it up front but then some people would miss out on some very important information that will cost them in the long run. A mobile home in a mobile home park is infinitely more desirable than. Daves quality homes 1980 state route 31, chittenango, ny. In june of 2008, dave reynolds and his partner, frank rolfe, another experienced mobile home park investor, started conducting mobile home park bootcamps held 4 times per year where we share our. Use features like bookmarks, note taking and highlighting while reading mobile home park 1020 investment system. Mobile home park investment advice from expert dave. Discount home sales truly lives up to its mission statement of quality at an affordable price. By installing water meters and billing the residents back for water and sewer and trash you are in effect increasing your bottom line. The very first park that i purchased my due diligence consisted of about 30 minutes of driving through the town and park and another 30 minutes looking at the proforma income and expense. Daves quality homes is committed to providing potential customers with friendly, professional assistance for a stressfree home buying experience. After discovering that he could make more money buying. I need to educate myself first and then would like to look at smaller parks first in the metro detroit area. Manufactured home communities provide affordable homes for millions of.
The roomy twobedroom sand springs model is tailor made for. Frank rolfe is the coowner of the 6th largest mobile home parks business in the united states. Reynolds mobile home park details, photos, maps, mobile homes for sale and rent haven, ks. Course promotional materials have included, with over 20% of american. I must say no other mobile home park guru even comes close to the real life experiences dave reynolds provides in his books on mobile home park investments. Dave reynolds and frank rolfe are mobile home park investors and together own and operate over 100 parks. His books and courses on community acquisitions and management are the topselling ones in the industry. Dave reynolds has been a manufactured home community owner for almost two decades, and currently ranks as part of the 5th largest community owner in the united states, with more than 23,000 lots in 28 states in the great plains and midwest. Reynolds has authored several books and cds on investing in and operating. How i started in the mobile home park business why you should invest in mobile home parks over 15 sources to find mobile home parks to mobile home parks can be excellent investments and with the tools and strategies you will learn from this book you will be ready to take the next step and find a mobile home park to purchase. Tru homes, tru mobile homes, trumh true mobile homes. Our goal is to meet your needs and exceed your expectations.
Frank rolfe has been an investor in mobile home parks for almost 30 years, and has owned and operated hundreds of mobile home parks during that time. Discount homes sales of enterprise alabama was established in march of 1985. He and his business partner, dave reynolds, started buying trailer parks. Free manufactured and mobile home values bluebook price. Meanwhile, the window of opportunity is narrowing to take advantage of a market that has been both maligned and neglected mobile home parks. Here is an article on 10 great ways to increase the value of your mobile home community. The principals have an extensive 20year track record of success in the mobile home park industry, and have over 55 years of combined real estate investing. Including sale wholesale 3d mobile homes and wholesale mobile home windows at wholesale prices from free mobile homes manufacturers. School attendance zone boundaries are supplied by pitney bowes and are subject to change. Yet manufactured homes today are sophisticated enough that they are often indistinguishable from. Why investors like warren buffett are bullish on mobile. Dave reynolds and frank rolfe dave reynolds is a successful real estate investor that has specialized in the purchasing of mobile home and rv parks for the past 12 years.
These are the few, simple steps to making money in mobile home parks. Smooth instrumental music with a solid back beat groove that reflects the positive vibes of the southern california lifestyle. Mobile home parks sell for capitalization rates of 7% to 10%. Private equity giants converge on manufactured homes. Browse photos, see new properties, get open house info, and research neighborhoods on trulia. But when savvy investors like rolfe and reynolds buy a mobile home park, they do not just passively collect rent payments. The principals of mhp funds, llc mhpf and their affiliated companies have the 5th largest mobile home park portfolio in the country with over 28,000 lots in over 280 parks in 32 states. From our membership agreement lulu is a place where people of all ages, backgrounds, experience, and professions can publish, sell, or buy creative content such as novels, memoirs, poetry, cookbooks, technical manuals, articles, photography books, childrens books, calendars, and a host of other content that defies easy categorization. Braidwood 16 x 76 1165 sqft mobile home factory expo. He graduated from mesa state college with an accounting degree, then worked for his parents and lived in the mobile home court. Mobile homes from the preceding model year can receive a discount of up to 5 percent. Frank also teaches about rv park investing through.
First is the fact that he, along with his partner frank rolfe, are the 18th largest owner of mobile home parks in the u. There are no commissions or fees and no obligation whatsoever. Frank rolfe, who teaches mobile home university, a threeday course in the. We always feature what we feel like is the best value for the most affordable price. The complete guide to moving your mobile home ebook is available online now for you to read. Very interesting look at the deals frank rolfe has done. Buying a manufactured home is a great option for anyone wanting their own home at an affordable price. This includes such things as vacant lots, land for expansion, park owned homes, and seller financed notes. You have to take these factors into account when comparing your home with another. Though just shy of nine hundred square feet, there is nothing trivial or undersized about this house. Mobile homes, however, offer the chance to have privacy, a small yard, a pet, and a neighborhood feel much like a subdivision. We offer a wide selection of both new and used manufactured homes.
Just like everybody else, they can be seen going to the post office. He has the keen ability to quickly assess deals, cut through hype, measure upside vs. By 2007, he had purchased and sold 24 mobile parks, which he has said earned him about as much as selling the billboard business. Mobile home park 1020 investment system by reynolds, dave, frank rolfe. His business partner, dave reynolds, had the same epiphany in 1993. Having been in the manufactured home business for over 25 years we feel that these two. Its current owner steve nagy took over in november of 1990. Find 2 listings related to daves quality homes in lakeport on. The discount will apply on all subsequent renewals. Mobile home park investing by david reynolds paperback. Dave reynolds and frank rolfe, how to make money in the mobile home park business. Download it once and read it on your kindle device, pc, phones or tablets.
Check with the applicable school district prior to making a decision based on these boundaries. Our new homes that we offer are of the finest quality and are deer valley, clayton, hamilton and cavalier homes. This was the first book i read on mobile home park investing that was wrote by dave reynolds and the reason i continued to purchase his books on investing in mobile home parks. This allows park buyers to get better deals and better terms, as they are often. We buy mobile homes in any condition, situation, and price range in texas. Discount home sales manufactured homes mobile home. How to make money in the mobile home park business by dave.
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