24 CD’s & 4 Books
How to Buy a Mobile Home Park
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.
In addition to the 24 CD’s & 4 books you will be given immediate access to 3 bonus calls that we have done:
Bonus 1 – Interview with a Financing Company
- Everything you wanted to know about Mobile Home Park Financing
Bonus 2 – Interview with an Insurance Company
- Risk Management
- Types of Insurance
Bonus 3 – Interview with one of the top Mobile Home Park Brokers
Claim up to $26,000 per W2 Employee
- Billions of dollars in funding available
- Funds are available to U.S. Businesses NOW
- This is not a loan. These tax credits do not need to be repaid
How to SELL a Mobile Home Park
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.
How to Operate a Mobile Home Park
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
Bonus Class 1 – Interview with Successful Park Managers
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.
How to Turn a Park Around and Survive Catastrophic Problems
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.
None of our competitors can even come close when you consider that we have done over 70 mobile home park deals in the past 10 years.
