Finding the funding to construct a billboard can be a challenge, but there are several options available. Here's an overview of some of the common options for billboard financing:
Read MoreThe February 2023 Commercial Real Estate Investing Newsletter
As the mobile home park industry evolves, owners are constantly pondering not only what the new role of community manager is becoming but also the necessity of them living on-site. Larger parks have allowed for on-site or off-site manager possibilities for years, but smaller parks have been relegated to strictly on-site options. However, those lines may be blurring. In this Mobile Home Park Mastery podcast, we will examine the issue of off-site vs. on-site managers.
Listen To Episode 285Before you can make money with a self-storage facility, you first have to buy one. But what if you’re short on the necessary down payment cash? In this Self-Storage University podcast we’re going to review creative methods to fund your down payment capital, and how each of them works.
Listen To Episode 71Everyone has that moment in which they get fed up. Some people put that mood into action. Audie Murphy was the most decorated soldier in U.S. history and his secret weapon was harnessing his frustration into positive energy. In this Billboard Mastery podcast we’re going to review what this power is and how to use it to your advantage.
Listen To Episode 67There are countless stories of individuals who bought RV parks that were underperforming and made them into huge success stories. But was that triumph because they were lucky or smart? In this episode of the RV Park Mastery podcast we’re going to investigate the concepts of “luck” and “skill” to properly identify which is the key ingredient to success.
Listen To Episode 73A CD pays 4% right now, but inflation is at 6.5% -- so that’s a guaranteed loser. The S&P 500 is down 6% over the past year, so if you add on inflation, you’re actually down over 12%. In times of high inflation the only thing that matters is how fast you can increase revenue and net operating income. It’s like a NASCAR race and all that matters is how fast your investment can go to outpace inflation.
Read MoreMobile home lenders set very low expectations on customer credit scores yet enjoy very low default rates. This seems to be contrary to all the physics of extending credit but it’s supported by fact. In this Mobile Home Park Mastery podcast we’re going to dig deeper into the topic of why a low FICO works just fine when it comes to customers buying mobile homes.
Listen To Episode 284Discover the incredible success story of Gary, a Mobile Home Park Boot Camp graduate who achieved impressive returns in the mobile home park business. We delve into Gary's story and the unique strategies he employed to build a $10 million portfolio with only $140,000 in capital.
Watch The VideoEven though all cities hate mobile home parks, they tolerate them because of property laws governing legal non-conforming use – also known as “grandfathering”. But not all mobile home parks share that protection. In this Mobile Home Park Mastery podcast, we’re going to review the attributes that make a mobile home park at risk and without “grandfathering” rights.
Listen To Episode 283Sometimes you get an RV Park deal ready to be signed up, but the seller keeps procrastinating. You feel helpless to push them over the top, and it drives you nuts because you’re afraid that another buyer will come along and steal your opportunity. So how can you create seller urgency to propel them forward and get your deal signed? That’s the focus of this RV Park Mastery Podcast.
Listen To Episode 72Direct mail is one of the best ways to find a self-storage facility to buy. And the discussion always turns to whether you will have better luck sending a postcard or a letter. In this Self-Storage University Podcast, we’re going to compare the benefits and disadvantages, along with some tips for creating a more effective direct mail piece.
Listen To Episode 70Every billboard lease needs an attachment that shows where the billboard goes. So does every permit application. So how can you best create a winning exhibit to a lease or application – one that gets the job done and helps keep you out of trouble? That’s the focus of this Billboard Mastery Podcast.
Listen To Episode 66Owning a mobile home park is a noble calling, but you must protect yourself from the residents you are trying to help. While 99% of park customers are wonderful people, there is that 1% that want to take advantage of your role as the owner to try to borrow money, harass you, get out of rules violations, get your manager fired – basically try to drive you nuts. The solution is to build a firewall between your customers and you. In this Mobile Home Park Mastery podcast, we’ll go through the simple steps to do just that.
Listen To Episode 282On this year's Frank & Dave New Year’s Show, we’re going to be providing an analysis of the status of the industry, predictions for the future, and a host of other essential items for 2023.
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