Mowing a mobile home park is much more than a cosmetic chore; it's an essential part of park maintenance that, when done properly, can enhance the community's aesthetic and keep residents happy. Unlike desert parks where the landscape takes care of itself, most parks require regular grooming. As we delve into the grassy expanse of mobile home park maintenance, let's mow down the details.
Read MoreThe March 2024 Commercial Real Estate Investing Newsletter
It's universally acknowledged that in arithmetic, 2+2 will always equal 4. This steadfast rule should be at the forefront of every RV park investor's mind because, in the world of real estate investing, bending mathematical truths can lead to financial ruin.
Read MoreThe baby boomer generation, those born in the post-World War II era from 1946 to 1964, represents a substantial demographic turning point in U.S. history. Comprising roughly 77 million individuals, this cohort has significantly influenced supply and demand trends throughout its lifecycle. Now, as they transition into retirement, not only are they exerting pressure on social systems like Social Security and Medicare, but they're also poised to cause a seismic shift in the self-storage industry.
Read MoreIn the world of billboard advertising, a sign can speak a thousand words — but none as crucial as the name of the company that puts it there. The act of naming your billboard company isn't just a formality; it's an essential key to your branding strategy and overall success. Let's take a high-level journey through the process of naming your billboard business, ensuring it stands out in the vast skyline of competitors.
Read MoreWhen you’re buying a mobile home park it’s essential to start off on the right foot. In this Mobile Home Park Mastery podcast we’re going to review the vital first step strategies and explore what makes them so important. Since you never get second chance to make a first impression it’s important that you understand what you need to do when buying the property.
Listen To Episode 337Once you’ve owned your RV park for a while, invariably you will receive a call or letter from someone wanting to buy it from you for more than you paid. Should you take the money? Is there another option? In this RV Park Mastery podcast we’re going to explore the reasons to sell versus hold on as well as the difference between selling and refinancing your RV park.
Listen To Episode 98Did you know that hitting a fiber optic cable with your post-hole digger can bankrupt you? There are a large number of buried utilities in the U.S. that you might hit every time you put a shovel in the ground if you don’t follow the correct procedure. In this Self-Storage University podcast we’re going to discuss why this is a big issue and how to protect yourself.
Listen To Episode 96There are many spots you can place a billboard on – including walls, benches, and telephone poles – but there’ one place that most cities in the U.S. have outlawed: building roofs. What used to be one of the mainstays of billboard placement has been blocked from new construction for decades. In this Billboard Mastery podcast we’re going to explore what happened to roof mounts and why it’s unlikely to ever change.
Listen To Episode 92In the vast landscape of real estate investments, mobile home parks stand out for their unique potential for profit. Whether we're talking about modest-sized parks, sprawling complexes, or RV parks, the most lucrative investments share common characteristics. As we navigate through an evolving market, here's an updated guide to making money with mobile home parks.
Read MoreReceiving a lawsuit can be a daunting experience, sparking a mix of fear and confusion. With the evolution of legal proceedings in 2024, it's crucial to approach this scenario with a calm and strategic mindset. Here's an updated guide to help you navigate the complexities of being sued in today's legal landscape.
Read MoreThe journey to purchasing a self-storage facility is complex, filled with potential pitfalls and lucrative opportunities. Through years of industry observation and firsthand experiences, it's clear that successful self-storage investments share certain fundamental characteristics. As we venture into 2024, understanding these traits is more crucial than ever, especially in a landscape where outdated advice persists.
Read MoreIt's surprising to encounter poorly designed billboards even today, given the wealth of design knowledge and technology at our fingertips. To address this, I've compiled a set of fundamental design principles that should underpin every effective billboard in 2024 and beyond.
Read MoreSpring is an important season for mobile home park owners for many reasons. In this Mobile Home Park Mastery podcast we’re going to review how smart park owners position themselves to harness the warming temperatures and more hours of daylight to create a better resident living environment as well as to improve your park’s net income.
Listen To Episode 336In the landscape of real estate investment, mobile home parks (MHPs) hold a unique position, distinguished by the prevalent opportunities for seller financing. This financing option remains a compelling advantage, especially in an era where traditional bank loans can be elusive, allowing investors to navigate through challenging financial terrains.
Read MoreWhen park owners talk about billing back utilities to residents it’s mostly about water and sewer. But rarely do most operators consider billing back trash. In this Mobile Home Park Mastery podcast we’re going to review the pros and cons of billing back the trash service and how to better make a decision on that option.
Listen To Episode 335