Mobile Home Park Investing: The Truth You’ll Never Hear on the News w/Frank Rolfe | Ep 29

Real Producers

When it comes to real estate investing asset classes, none is as misunderstood or maligned as mobile home parks. Much of the scrutiny that mobile home park investors have garnered isn’t based in reality, but rather in a heavily mistaken narrative.

The truth is: mobile home parks, when done ethically and with a heart for the tenants, aren't just good business, they are a public service. Even though it seems like it’s too late to invest in this asset class, this market has created a ton of opportunity.

What’s the surprising history of mobile home parks? How can an investor go after this niche?

In this episode, we’re joined by the 5th largest mobile home park owner in the US, Frank Rolfe. He shares his wealth of knowledge on this asset class, why it’s wrongfully scrutinized and why there’s still a lot of opportunity in it.

I think the reason people love beating up on our industry is that no one really knows anything about it, so you can tell people anything. -Frank Rolfe

Three Things You’ll Learn In This Episode

-Unwarranted hostility

Where does the hatred for mobile home park owners stem from?

-The mobile home park opportunity

Why are mobile homes still a great investment today?

-The pride of ownership

What is the massive problem mobile home parks solve, and how come you never hear about it on the news?

Guest Bio

Frank Rolfe is the 5th largest mobile home park owner in the United States. He is also co-owner of Mobile Home University. He has been an investor in mobile home parks for almost two decades, and has owned and operated hundreds of mobile home parks during that time. He is currently ranked, with his partner Dave Reynolds, as the 5th largest mobile home park owner in the U.S., with over 250 communities spread out over 25 states. Along the way, Frank began writing about the industry, and his books, coupled with those of his partner Dave Reynolds, evolved into a course and boot camp on mobile home park investing that has become the leader in this niche of commercial real estate. For more information, head to https://www.mobilehomeuniversity.com/. Listen to The Mobile Home Mastery on your platform of choice.