Mobile home parks have always been viewed as the lowest-cost form of housing while dollar stores serve that same niche in the retail sector. Yet there are many more similarities between “trailer parks” and “Dollar Tree” than meets the eye. In this Mobile Home Park Mastery podcast, we’ll review the similarities and why both businesses are underappreciated – a fact that’s about to change.

Many believe that self-storage facility prices are infinitely negotiable as long as the seller and buyer agree to a price. But that’s simply not true. In this Self-Storage University podcast, we’re going to discuss how the banking industry ultimately fixes values and how to embrace and follow these guidelines instead of wasting time pushing along deals that will never be able to get financed.

There is nothing more dangerous to stay on budget with your RV park than the relationship between the manager and contractors. Even the best-planned renovations and property updates can go bad when a manager gets involved in the process. In this RV Park Mastery podcast we’re going to review how a manager can ruin your budgets – and even create liability – when you let them have a say in what, when, and how a contractor works on your property.

While trying new things can be outside your “comfort zone” there is danger in being comfortable when it comes to making money. We all live under a biological clock, and every day that passes is one less day you have to hit your goals. In this Billboard Mastery podcast, we’re going to review the dangers of “timing out” and how to guard against that happening.

With interest rates up significantly, some sellers may propose a construction called a “wrap” in which you leave the existing mortgage intact as part of the deal. But does that work? In this Mobile Home Park Mastery podcast we’re going to review the good and bad aspects of this deal construction and discuss methods to mitigate the risk.

Although economists are confused on the exact timing of the pending recession, there’s one thing they all agree about: the continued issue of U.S. inflation. Under Biden inflation has soared from around 2% to nearly 10% -- the highest increase in 40 years. And most are asserting that inflation cannot be tamed by the Fed’s action on raising interest rates over 4 points and will probably never be lower than 4% again. So what’s the true story about the impact of a permanent higher inflation level on mobile home park ownership?

If buying an RV Park is part of your New Year’s Resolutions, then here are the four tests you must perform before pulling the trigger and acquiring the property. All of these steps are attainable with reasonable effort and basic knowledge of how they work. So what are these important action steps?

When buying a self-storage property, you always want to get the best deal you can. And a big part of that is how low a price the seller will accept. Are there any signs of what direction that will go? How can you guess how low a seller will go?

Signs along roads started during the time of the Egyptians, who would carve advertising messages on rocks. But the term “billboard” didn’t come into effect until the 19th century. So why are signs called “billboards” today?

When a mobile home park sits lower than the city’s main sewer line, the only way to get the property’s sewage pushed upstream is with a “lift station”. Yet many mobile home park buyers don’t know what these are, how they work, and what the dangers are. In this Mobile Home Park Mastery podcast we’re going to drill down on this unique feature of many communities to understand the fine points to buying and operating a “lift station”.

I’ve built around 150 billboards in all kinds of configurations and sizes. But one thing is consistent in all of them: I dropped a dime down the hole once digging the foundation was completed. Why is that? In this Billboard Mastery podcast I’m going to discuss why there’s 10 cents at the bottom of every billboard I’ve ever built.

Some RV Park sellers have perfect, computerized financials that you can seamlessly give to lenders. But others have numbers written in crayon and still others are missing the financials altogether. Can you still buy those properties? In this RV Park Mastery podcast we’re going to review the various scenarios of incomplete financials and the message they send.

Some sellers may want you to buy the entity that owns their property and not the property itself. Can you do that? In this Self-Storage University podcast we’re going to drill down on the concept of buying an entity, what can go wrong with that concept, and how to mitigate that risk.

Tyler and Jason started with nothing but an idea of buying mobile home parks around 4 years ago, attended Boot Camp, and now own 16 mobile home parks in Arkansas and Florida. How did they do it?

Webster’s defines “fair” as “impartial and just, without favoritism or discrimination”. And obviously, based on this definition, life in 2023 will not be “fair”. In this Mobile Home Park Mastery podcast we’re going to review the unfair opportunities that are out there, how to take advantage of them, and why there’s nothing morally wrong in doing so.