The successful mobile home park business model has always been simply to rent land. But sometimes the simple path is not enough for some owners, who venture out with additional ideas to boost net income. Sadly, most of these ideas fail to be profitable. In this Mobile Home Park Mastery podcast we’re going to explore the many different side-hustles that park owners have tried that have failed to actually make money.

How you fill your lots is somewhat like a game of chess, with certain pieces more important than others, and every move filled with the potential for benefit or damage. In this Mobile Home Park Mastery podcast we’re going to explore the strategic considerations required to maximize your park’s value.

“Lonnie Dealers” are investors who buy and sell or buy and rent mobile homes inside mobile home parks, labeled after an early advocate of this concept named Lonnie Scruggs. And although this investment program had a lot of interest in the 1990s, the number of individuals engaged in this sector has been continually dwindling. In this Mobile Home Park Mastery podcast we’re going to explore the “Lonnie Deal”, its waning popularity, and the resulting impact on the mobile home park industry.

Some mobile home park deals are built around filling a huge number of vacant lots, while others are built on raising rents and cutting costs and increasing occupancy is a tiny part of the turn-around program. In this Mobile Home Park Mastery podcast we’re going to review the plan of attack if you have only a handful of vacancies to fill.

Any time that you pay more for a mobile home park than it is currently worth, based on existing net income, you are engaged in “stretching” to rationalize paying the higher amount. But the types of “stretching” required to bridge the gap typically vary from acceptable to too risky. In this Mobile Home Park Mastery podcast we’re going to explore the fundamentals of “stretching” and determine their quotient of risk.

Millennials have some fresh ideas about housing, and one of their desires is to have “social amenities”. In this Mobile Home Park Mastery podcast we’re going to explore the concept of “social amenities” and offer some recommendations on how to bring this concept to your community.

We all know that celebrities use plastic surgery to augment or alter their appearance. But how can a mobile home park share in this ability to improve the looks of the property using man-made products? In this Mobile Home Park Mastery podcast we’re going to review some of the methods that allow you to increase your community’s beauty quickly and at a relatively low cost.

A “lever” is defined as “a rigid bar used to move a heavy load when pressure is applied to one end”. But in the mobile home park business, sometimes the strongest “lever” is made of paper and roughly 6” long. In this Mobile Home Park Mastery podcast we’re going to explore the different ways in which a little cash can get the desired results if you know where to apply the “lever”.