DESC #1: How to buy a Mobile Home Park   ( 7-CD Section )

In our "How to Buy a Mobile Home Park" series, you will learn what it takes to make a good investment decision, and how to find the mobile home parks that best meet these investment objectives. 

If you believe that you make or lose money in real estate on the front end, when you decide to buy, as we do, then your mastery of this skill is essential to profitability. 

Like all of Frank and Dave's products, every idea has been tested over and over again in real life -- not just academic theory.  We will tell you what works and what doesn't, filled with examples of what happened when we tried it.

• Learn the deal-killers that you should avoid at all costs. 

• Learn how to value a mobile home park.

• Find out the essential dynamics of the proper use of park-owned rental homes. 

• Structure your deals to minimize risk

• Learn how to mitigate significant problems when they pop up.

With this series you will learn how to build a professional-grade mobile home park acquisition assembly line, where you will be looking at fresh deals on a consistent basis.

And, as with all Frank & Dave products, you will hear nothing but reality -- no glossing over important, but not always happy, issues.  Frank & Dave tell it like it is, and in so doing, take your understanding of the Mobile Home Park investment class from 0 to 60 in a very short amount of time.

The How to Buy a Mobile Home Park series includes 7 hours all recorded on audio CD's that you can listen to at your convenience.  In addition you can download the mp3 files to play on your IPOD.

Here is what is included on each CD:

CD#1 Includes:

• Brief History of Mobile Home Parks

• Types of Mobile Home Parks

• What Generally Works (Top 10)

• What Generally Doesn't Work (Top 10)

CD#2 Includes:

• Calculating a Cap Rate

• Calculating a Cash on Cash Return

• Breakdown of a Profit and Loss Statement - Revenue & Expenses

• Looking at various P&L's

CD#3 Includes:

• The Worst Deal we have ever done

• The Best Deal we have ever done

• The Perfect Deal (if it exists)

• Finding a Park to Buy

CD#4 Includes:

• Determining Value and Coming up with a Price

CD#5 Includes:

• Putting the Mobile Home Park Under Contract

• Parts of a Contract

• Exhibits

• Time Frames

CD#6 Includes:

• Due Diligence

CD#7 Includes:

• Third Party Reports

• Getting a Loan

• Closing

• Taking Over

After listening to all the CD's in this series we are confident that you will be ready to take the next step and Buy a Mobile Home Park that you can turn into a long term investment of positive cash flow or a quick flip. 

 DESC #2: How to Sell a Mobile Home Park   ( 5-CD Section )

The difference between a good sale and a terrific sale are subtle, but the profit difference is huge.  If you are going to go to the effort of selling, why shoot for anything other than the best price? In this CD series, Frank & Dave will show you how to groom your tenants to present the image of "pride of ownership".  You will also learn how to fairly evaluate the correct asking price, how to help with the most important part of the selling process -- how to get your buyer a loan. If you utilize all of the real life tips from Frank & Dave, you will find little fixes here and there, and this fine tuning can lead to thousands more in profit.  In a world where $200.00 a month equal about $24,000.00 to your sales price, you need to listen to and study this CD series several times to make sure you are not leaving money on the table -- and we're talking thousands of dollars here. The How to Sell a Mobile Home Park series includes 5 hours all recorded on audio CD's that you can listen to at your convenience.  In addition you can download the mp3 files to play on your IPOD. Here is what is included on each CD: CD#1 includes: Grooming to Sell Push Revenue Cut Expenses CD#2 includes: Coming up with a Price Who is your Buyer CD#3 includes: How to List if For Sale Where to List if For Sale Broker or No Broker? CD#4 includes: Being Easy to Buy From Adequate Records Owner Financing or Not? CD#5 includes: Successfully Closing Section 1031 Tips After listening to all the CD's in this series we are confident that you will be ready to take the next step and Sell a Mobile Home Park to put the most amount of money in your pocket. This is one time that you will make back at least 100 times your investment when you order the CD's and implement a few of the ideas contained therein. Through this website, Dave has helped more buyers and sellers in the past ten years buy or sell a mobile home park than any other source.

 DESC #3: How to Operate a Mobile Home Park   ( 6-CD Section )

Learn to run a Mobile Home Park for Maximum Profit! Sometimes the difference between a winning investment and a bankruptcy is only in the managing of the asset.  And managing a mobile home park is unlike any other type of real estate.  Even if you have a proven track record in apartment, single family, or commercial real estate, you will need re-training for this asset class. You will learn every aspect of successful management.  From how to effectively collect rent, to how to cut costs, Frank & Dave give you an endless stream of real life problems and solutions to consider, each based on factual examples from their own experiences. What do you do when a tenant wants to make a "payment plan" with you?  Frank & Dave will tell you.  What are the pitfalls of utility billbacks to tenants?  Frank & Dave will tell you.  What happens when your sewer backs up and starts going into the tenant's homes?  Frank & Dave will tell you. This series will give you over 20 years of collective knowledge in the same amount of time you spend commuting in your car over three days. The How to Operate a Mobile Home Park series includes 6 hours all recorded on audio CD's that you can listen to at your convenience.  In addition you can download the mp3 files to play on your IPOD. Here is what is included on each CD: CD#1 includes: Cash in Billings Park Owned Homes Late Fees RV's Other Sources of Income CD#2 includes: Cash out Average Expenses Minimizing Expenses CD#3 includes: Managers - How to find them Managers - How to Manage them Managers - What to Pay them Managers or No Managers? CD#4 includes: Leases Rules and Tenant Behavior Other Forms CD#5 includes: Rules & Forms... Continued Capital Expenditures CD#6 includes: Repairs Tying it all Together After listening to all the CD's in this series we are confident that you will be ready to take the next step and operate your mobile home park in a more efficient and profitable manner.

 DESC #4: How to Turn a Park Around  ( 6-CD Section )

Disaster Strikes, Nobody Pays Their Rent, Are You A SURVIVOR?

Sometimes it takes an extra effort to turn back the momentum on a failing project and make it a winner.  In this series, you will learn the real-life strategies to taking back the control over your park, and making the tenants obey you.  Frank & Dave will counsel you on all of the tricks to taking an impossible situation and quickly righting the ship.  If you think you are in a hopeless situation -- you haven't talked to Frank & Dave!

What do you do when the gas company shuts off the gas when it's 20 degrees out?  Ask Frank & Dave.  What do you do when the television reporter calls to ask about your horrible living conditions?  Listen to Frank & Dave.  What do you do when you are so overwhelmed that you want to give up and deed your park back to the bank?  Lock yourself in your car and listen to Frank & Dave -- then come out swinging!

The How to Turnaround a Mobile Home Park series includes 6 hours all recorded on audio CD's that you can listen to at your convenience.  In addition you can download the mp3 files to play on your IPOD.

Here is what is included on each CD:

CD#1 includes:

• Types of turnaround situations & solutions

• Get rid of undesirables

• Get rid of deadbeats

• Get rid of "hillbillies"

CD#2 includes:

• Getting Everyone on your Side

• Training your Staff to get things done

• Turnaround from a Distance vs Onsite

• Big No-No's

CD#3 includes:

• Loss of Utilities - Gas, Electric, Well Water, Sewer

• City Hall Problems

• Media Problems

CD#4 includes:

• Making the Park Desirable

• Grooming Pride of Ownership Among Residents

• Common Turnaround Problems

CD#5 includes:

• Filling Spaces

• Buying Repo Homes

• Buying other Park Owned Homes

CD#6 includes:

• Bank Problems

• Everything Else that can Bankrupt You

• Tenant Lawsuits (including Class Action)

• Uncovered Insurance Issues (Accidental Pollution)

After listening to all the CD's in this series we are confident that you will be ready to take the next step and Turn your mobile home park into a winner. 

 DESC #5:  Mobile Home Park Investment Manual  ( 540 Pages )

Here is the Index for the NEW Manual:  Actually the Index is almost a book in itself!!!

Part 1: How Dave Started in the Mobile Home Park Business How Frank Started in the Mobile Home Park Business Definitions and Terminology What is a Mobile Home Park? Proper Terminology Why Invest in Mobile Home Parks Types of Mobile Home Parks to Consider Where to Find Mobile Home Parks to Buy How to Value a Mobile Home Park Mobile Home Park Valuation Example Other Value Considerations Future Capital Improvements Vacant Lots Park Owned Homes & Notes Due Diligence Introduction to Financing Determining How Much Loan You Can Afford How to Approach the Appraisal Recourse versus Non-Recourse Essentials of the Application How to Find a Lender Conclusion Frequently Asked Financing Questions Insurance Closing Checklist Other Mobile Home Park Considerations Parks with Older & Small Homes High Vacancy Private vs Public Utilities Amenities Park Owned Homes Managing a Mobile Home Park Ways to Increase the Value of Your Mobile Home Park Mobile Home Park Purchase and Sale Agreement Where to Begin Part 2: The Mobile Home Park 10/20 Investment System The 10/20 Investment System Sample 10/20 Deal Economics Buying at a 10 Cap How to Convince the Seller to Sell at Your Price Due Diligence Risk Mitigation Groom to a 20 Cap Rent Increases Utility Billbacks How to Rent Vacant Lots Cost Cutting Bad Debt Advertising Bank Service Charges Legal and Accounting Manager Park Office Repairs and Maintenance Telephone Travel Trash Personal Property Taxes on Park Owned Homes Office Supplies Water and Sewer Electric Gas Insurance Property Taxes Mowing Selling Ancillary Assets Other Thoughts Conclusion Part 3: Bonus Section – Frank and Dave’s Mobile Home Park Deals Bonus Number 2 – 30 Deals that we Dropped Part 4: Mobile Home Park Management The First Step: Adjusting your Mindset Focus Entirely on the Goal Renting Mobile Home Lots Park Owned Mobile Homes The Winning Approach to Buying and Selling Mobile Homes How to Calculate the Correct Price of Homes to Bring into Your Park How to Find Homes in Your Price Range $5,000 and under (which equates to a home of $1,000 or less) $5,000 to $10,000 (which equates to a home of $1,000 to $6,000) $10,000 to $20,000 (which equates to a home of $6,000 to $14,000) $20,000 and above (homes from $16,000 and up) Deciding whether to Rent or Sell the Mobile Homes you bring in How to Effectively Sell Mobile Homes Sample Letter to Residents How to Rent a Mobile Home Mobile Home Repairs and Refurbishing Conclusion on Park Owned Homes Collections Rebuilding your Collections System 3 Day Notice to Vacate for Non-Payment 10-Day Cure Notice of Non-Payment Tips on Going to Eviction Court Interaction with Tenants Rules and Regulations Repair and Maintenance The Rule of the Pro and the Schmo Managers Hiring an Onsite Manager Deciding where the Office will be Hiring an onsite versus offsite manager Hiring the manager full-time or part-time Management Compensation and Duties Independent Contractor versus Employee Where to Find a Manager Payables Lawsuits Utility Failures Gas Failure Electric Failure City Hall Problems Media Problems Banking Problems Selling your Problem Mobile Home Park Summary Stories from a Trailer Park – Frank Rolfe

Part 5: Buying New and Used Mobile Homes How to use the Section How to Find Used Mobile Homes to Buy Websites Dealers Brokers Mobile Home Parks In Your Own Park (IF APPLICABLE) Newspaper Place a Mobile Home Wanted Ad Send out Postcards Mobile Home Movers Financial Institutions How to Make the Offer Paperwork and Looking for Other Deal Killers Bill of Sale Title Liens Property Taxes Unpaid Lot Rent Access to Home How to Move a Mobile Home The Basics of How a Mobile Home is Moved Preparation for the Move Have the Property Taxes Paid Well in Advance of the Move On the Day of the Move The Actual Move Home Installation Essential Home Preparation for Transport Termination of Existing Lease and Notice of Moving Home Termination and Removal of Utility Connections Removal of Skirting Jacking the Home Up and Attaching the Axles, Tires, and Tongue Preparing the Home on the Exterior Preparing the Home on the Interior Moving your Home Contents Moving a Multi-Section Home Removal of Furniture and Furnishings Insurance Directions and Point of Placement How to Choose a Transporter Having the Mover Inspect the Home Experienced Licensed Insured Acceptable Time Schedule Works in a World of Written Contracts Has an Acceptable Price Has a ‘Can-Do’ Attitude Takes and Returns Calls Promptly Essential Home Installation Lot Drainage Soil Compaction Positioning on the Lot The Delivery of the Home by the Transporter Setting the Home Blocking It Leveling It Tying it Down Reconnecting all Utilities Installing Skirting Installing Stairs and Decks Finishing Touches What Can Go Wrong? Don’t Pay Until the Job is Done How to Mitigate your Risks At All Times, Be With your Home Understand your Insurance Fully Prepare your Home for the Move Effectively Keep Everybody Informed of your Progress Choose your Transporter Very Carefully Know the Destination Really Well Keep a Positive Attitude Tips on Saving Money on Moving a Mobile Home Conclusion on Moving a Mobile Home A Quick Spotter’s Guide to a Used Mobile Home Roof Type and Date of Manufacture Size of Home Roof Type Siding Type Frame Integrity How to Sell or Rent the Home Five Worst Used Mobile Home Deals We Have Ever Done Five Best Mobile Home Deals We Ever Made Mobile Home Buyer’s Worksheet Tongue Wheels & Axles Frame Roof Roof Flashing Insulation & Vapor Barrier Siding Skirting Stairs Decks Awnings Carports Windows Screens Exterior Doors Interior Doors Closet Doors Ceilings Floors Carpet Pad Vinyl Floors Interior Walls Counters Cabinets Appliances Central Air Conditioning Window Air Conditioning Window Heat and Air Furnace Ducts Hot Water Heater Electrical Box Electrical Wiring Light Fixtures Water Lines Heat Tape Sewer Lines Gas Lines Tubs Toilets Sinks Fireplaces Hud Seal Serial Number Conclusion

 DESC #6:  24 Hours of "Frank & Dave Shows" on CD

Lets Recap:  With the Mobile Home Park Investment Home Study Package - you get:

• 24 CD's and a PDF Download of the Transcripts

• The 540 Page Mobile Home Park Investment Manual

• All of our Forms and Contracts to Buy and Operate Mobile Home Parks

• 24 More CD's with Frank and Dave Covering Mobile Home Park Investment Topics

• The 200 Page Mobile Home Park Due Diligence Manual

• One Free Quick Deal Evaluation

• Free Access to our Weekly Mentoring Hour