The November 2024 Commercial Real Estate Investing Newsletter
Mobile Home Park Mastery Podcast: Episode 368 - Quick Fixes That Really Work
Let’s assume you need to get your property looking good quickly. Maybe you have a bank inspection or a critical date for launching your marketing campaign to fill vacant homes. When you want to make major improvements in property appearance fast, here are some methods that cost very little but have a big impact and, in many cases, will last for a decent amount of time.
Listen To Episode 368The Key to Exceptional Property Management: Cultivating Greatness in Your Team
Managing a property successfully requires more than just meeting basic expectations. It’s about refining the smaller details that set apart good managers from truly exceptional ones. While many managers can handle the essentials, it’s the ones who invest an extra 10% effort that elevate a property’s standards to an extraordinary level. Here’s how to identify, support, and retain managers who can make your property stand out.
Read MoreThe Deal Breakers: What to Watch for in RV Park Due Diligence
Thorough due diligence is non-negotiable when purchasing an RV park. Without it, you risk stepping into a minefield of legal, financial, and operational challenges. While some discoveries during this process are manageable, others are absolute deal-breakers. Here's a closer look at the major red flags that should send you back to the drawing board.
Read MoreThe Art of Knowing When to Walk Away in Self-Storage Investments
Saying 'no' isn't always easy. For many, it's a word associated with negativity, often feeling like it's shutting the door on opportunity. But in the world of self-storage investments, understanding when and how to say 'no' is essential for successful dealmaking. It's a tool as crucial as 'yes,' laying the foundation for wise and profitable decisions.
Read MoreWallscapes: The Hidden Gem of Billboard Advertising Returns
If you were to ask which type of billboard offers the highest return on investment in today's market, the answer would be clear: wallscapes. These unique billboards combine massive visibility and prime locations with minimal structural costs—a winning formula for high returns.
Read MoreUsing QR As A Tool To Better Manage Your Storage Facility
What if you could have a customer simply point at a QR code and be instantly connected to your manager’s cell phone where they could rent them a unit or answer a question? It’s possible today and a company called Liveswitch is making that happen with technology that’s been tested and used at the Superbowl and MLB games. In this video discussion, Frank Rolfe talks to James Hatfield from Liveswitch about how this QR service could act as an important tool for self-storage management at a reasonable price.
Watch The VideoMore Than The Law Should Allow
“More Than The Law Should Allow” we interviewed two guys who built a large portfolio of mobile home parks while holding down full-time jobs as practicing attorneys. They review how they found these deals, financed them, turned them around, and operate them using efficient time management.
Watch The VideoRV Park Mastery Podcast: Episode 112 - Navigating "Experts"
When you are buying or operating an RV Park you get no shortage of people giving you their input. But which ones should you listen to? In this RV Park Mastery podcast we’re going to review the methodology required to sort such "experts" into those who are worthy of listening to versus those that should be disregarded.
Listen To Episode 112Self Storage University Podcast: Episode 110 - Understanding The "Crocodile Defense"
Understanding The "Crocodile Defense" Maybe it’s a slip-and-fall claim or someone who make the false assertion that you sold their unit for non-payment in contradiction to the law. Regardless of the problem, a smart move is to adopt the "crocodile defense". In this Self-Storage University podcast we’re going to review what this means and how you can use this theory to better your odds of prevailing
Listen To Episode 110Billboard Mastery Podcast: Episode 106 - Thoughts On "Founder Mode"
Thoughts On "Founder Mode" Elon Musk is known to go into a period of intensity when he starts a business called "founder mode". It’s all about time management and focus. In this Billboard Mastery podcast we're going to review what “founder mode” is and you how can adopt its attributes to further your billboard business.
Listen To Episode 106Mobile Home Park Mastery Podcast: Episode 367 - Understanding Resident Input
All businesses need to listen to their customers in order to better serve their needs–and mobile home parks are no different. In this Mobile Home Park Mastery podcast we’re going to review the intricacies of getting fair and balanced resident input to help better steer your mobile home community.
Listen To Episode 367Honest Discussion of The Opportunity in Billboards
In this short video Frank Rolfe – who has ranked as high as the largest private owner of billboards in Dallas/Ft. Worth – discusses where the sign industry current is at and where the opportunities are today. If you have thought about building, buying and operating billboards as an additional income stream, or a full-time career, then this video will answer many questions on this topic.
Watch The VideoMobile Home Park Mastery Podcast: Episode 366 - The Ultimate “Stand Your Ground” Law
There is one rule that defends the rights of mobile home park owners more than any other: legal-nonconformance, also known as “grandfathering”. In this Mobile Home Park Mastery podcast we’re going to review why property rights are strong regardless of the state the park is located in, and why “grandfathering” is so hard for some city officials to comprehend and enforce fairly.
Listen To Episode 366When to Repair or Replace an Aging Mobile Home: A Practical Guide for Park Owners
As a mobile home park operator, you'll inevitably face decisions about whether to repair or replace aging mobile homes. Making informed choices is crucial, as missteps can lead to significant financial losses.
Read MoreHow to Choose the Right RV Park for Lasting Success
For many investors, an RV park can be more than just a business—it’s a pathway to a fulfilling and financially rewarding venture. When carefully selected, an RV park investment can lead to substantial returns and a business environment that’s a joy to operate. Here are some key aspects to consider when looking for an RV park that promises steady growth and satisfaction.
Read MoreFresh Perspective on Buying Self-Storage Facilities at Auction
Self-storage facilities that have reached foreclosure often end up at auction, where the lender seeks a fresh start with a new owner. Auctions are designed to provide a quick sale to the highest bidder, aiming to recoup as much of the loan as possible. While the bank might achieve higher returns by listing the property traditionally, the time and cost involved make the auction route more appealing, even if it’s not always in the lender's best financial interest.
Read MoreThe Profit Potential of Wooden Billboards: Simple Design, Exceptional Returns
When it comes to beauty, some look to luxury cars, but there’s a distinct appeal in assets that generate steady income. For me, one standout example is the classic wooden billboard sign. It might lack the sleek lines of a Ferrari, yet its straightforward design and reliable returns make it a truly valuable investment.
Read MoreRV Park Mastery Podcast: Episode 111 - How To Beat Warren Buffett
Warren Buffett is the most successful stock investor in American history. And, as an RV Park owner you can easily match and beat his performance metrics. In this RV Park Mastery podcast we’re going to explore the legacy of the “Oracle of Omaha” and why it’s not that hard to beat his rate-of-return with this unique real estate sector.
Listen To Episode 111Self Storage University Podcast: Episode 109 - How To Push Along The Procrastinating Seller
You don’t have a deal until both parties have signed. So what do you do when the seller is dragging their feet? Is there a way to push them along? That’s the focus of this Self-Storage University podcast, in which we explore the methods available to get the seller to get out their pen and actually sign your deal.
Listen To Episode 109Billboard Mastery Podcast: Episode 105 - Two Important Ways To Protect Your Ground Lease
After you’ve gone to all the trouble of getting your billboard ground lease signed up, you want to take all the steps possible to protect your creation, right? In this Billboard Mastery podcast we’re going to explore two different ways to better safeguard your ground lease and how to get those accomplished.
Listen To Episode 105Mobile Home Park Mastery Podcast: Episode 365 - Why You're Going To Be Fine Regardless Of Who Wins The Election
This year's Presidential election is probably the most stressful of all time as both parties could not be more diametrically opposite with platforms that share no commonality. However, regardless of who wins there is good news: not much is going to change. In this Mobile Home Park Mastery podcast we're going to review why you will be fine regardless of who win, so you can stop being upset about it.
Listen To Episode 365
