One of the best methods to approach maximizing the performance of a mobile home park investment is to refinance it and do a “cash-out”, which means a return of some or all of your initial capital. But many people fail to grasp the science behind this alternative, and the thresholds required to make it a reality. In this Mobile Home Park Mastery podcast we’re going to facts from the myths regarding this financing trick.

Many lenders may require that you “record” your billboard ground lease. And some operators do this even when their lender does not require it. But what does it mean to “record” a lease and what the pros and cons to doing so? In this Billboard Mastery podcast we’re going to examine the concept and some real-life tips on getting it done.

America is entering a terrible recession. But there is no benefit to giving in to the negative atmosphere. Instead, you should view every economic decline as an important opportunity and harness your positive energy to take advantage of the situation. In this Mobile Home Park Mastery podcast we’re going to look at case studies of how others have profited from recessions and why a positive attitude is one of your best tools to succeed.

Virtually every RV park sold in the U.S. revolves around a mortgage. And there is a certain playbook required to successfully get a loan and maintain a good relationship with your lender. In this RV Park Mastery podcast, we’re going to examine the protocol to obtain a loan, build your lender relationship, and retain the loan upon its renewal.

One of the largest line items on any self-storage P&L is “property tax”. But there are tricks you can use to minimize this burden – which will only be expanding as counties nationwide strive to find more ways to pay their bloating bills. In this Self-Storage University podcast we’re going to review the playbook to keeping your storage facility’s property taxes as low as possible.

So what can you do to find a good investment “storm shelter” for this high-odds occurrence? One good option is buying a mobile home park.

The U.S. is clearly heading into an era of “stagflation” which is defined as high levels of inflation coupled with a sluggish economy. The last time America saw this phenomenon was in the 1970s – nearly a half-century ago. But history repeats itself and thanks to some poor decision making in Washington and the impact of Covid-19 on inventory, that appears to be the main economic news for the near term. If you are looking at buying an RV park, you should be concerned regarding how these properties will perform during periods of stagflation. Here are some observations.

America is rapidly changing as consumers embrace new lifestyles and discard those that no longer interest them. Meanwhile the U.S. economy has become ever more unstable and unpredictable, and the result are more severe cycles than ever experienced in the past. So how does self-storage investing fit into this rapidly changing America? Year agoa the term “megatrend” was coined to mean giant shifts in consumer behavior that can impact all America life. Here are the megatrends and the anticipated results:

Mobile home park owners and residents need each other. There are strong bonds when a community owner does the right things, but the resident has to do their part, too. In this Mobile Home Park Mastery podcast we’re going to examine the relationship between park owners and customers and how to make it even better – even how to bring back from the brink the errant resident.

So you think that buying and turning around mobile home parks in California is impossible? Meet Mitch from Palm Springs who has purchased four parks so far and is going to tell you how he did it.

America has lost its focus on accountability and the results have been astoundingly awful. If you want your mobile home park to hit your budget and even exceed your expectations, it’s imperative that you hold your manager accountable. But how do you do that? In this Mobile Home Park Mastery podcast we’re going to review the top ten ways to gain accountability with your manager. Most of these methods rely on technology and not on heavy investments of time and money.

One of the big concerns of RV park buyers and owners is the lack of control over revenues as you never know who will be coming and going on any given day. However, extended stay customers offer you a steady cash flow that can really ease those concerns. In this RV Park Mastery podcast we’re going to review what extended stay customers are, how to attract them, and how they can give you greater peace of mind.

Benjamin Franklin, the historical figure from American history, had many thoughts and comments that live on today. One of his famous thoughts was “it’s not the price of the fireplace but the cost to keep it stocked with wood”. How does that relate to improvements to self-storage facilities? That’s the topic of this Self-Storage University podcast.

This is the second of our two-part review on tips to create a better billboard ground lease. More great information that will help you create a more advantageous document or avoid pitfalls.