Frank Rolfe
Dave Reynolds is a successful real estate investor that has specialized in the purchasing of Mobile Home and RV Parks for the past 12 years. He has the keen ability to quickly assess deals, cut through hype, measure upside vs. downside risk, and make sound decisions. He has owned and operated over 55 Mobile Home & RV parks over the past 12 years in 16 different states. He currently owns over $10,000,000 in mobile home park real estate. Dave Reynolds received a B.S. in Accounting from Mesa State College in Colorado in 1992 and attended graduate school majoring in Accounting and Taxation at Colorado State University in 1993-1994. Frank Rolfe was born in Missouri, the ""Show Me"" state, and has been starting up businesses since high school. He has had two big successes: a billboard business that he sold to a public company in 1996, and a mobile home park business that he sold to various buyers beginning in 2004. He always has several start-ups in the hopper - currently an old time photography business, a web-based educational products business, an art school, and a return to the billboard business. Frank Rolfe holds a B.A. in Economics from Stanford University. Dave Reynolds and Frank Rolfe have combined forces to bring the real estate market a better perspective on the multiple successes you can have with Mobile Home Parks. Together they have a combined experience of 20+ years and over $100,000,000 worth of deals under their belt.
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Why You Should Never Build A Mobile Home Park
October 23, 2013
People ask us all the time why, since we’re the 18th largest mobile home park owners in the U.S. and are extremely bullish on the industry, we don’t build new ones. They’ll call us with raw land that they want to sell us to build a new park on. The truth is that we would …
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The Case Against Land-Lease Community Terminology
October 04, 2013
The mobile home park industry has attempted to re-invent itself many times in the past. Unfortunately, it always seems to revolve around just changing its name, and nothing else. And the name change does little to actually accomplish anything of value, but only serves to confuse people on a product that is already chock full …
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Mobile Home Parks Have Advantage In Commercial Real Estate
September 18, 2013
America takes pride in the concept of freedom of competition. That’s the reason that the Federal Government blocks potential mergers through anti-trust complaints. And the reason that we have laws against unfair competition. We’re the country that puts people in jail for price fixing, and even elects our President through freedom of choice. So how …
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Make $100,000 A Year Cash Flow With One Mobile Home Park Investment
April 19, 2013
With the national economy in free fall, and millions of jobs being cut across all industry segments, many people are trying to formulate a plan to replace their income if they get laid off. And to many people, that income can approach $100,000 or more. So how do you replace $100,000 of income. For many …
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How To Get Zero Down Financing On A Mobile Home Park
March 08, 2013
With single-family homes, a legitimate zero down deal is about as likely as sleet in San Diego. However, with mobile home parks, they are as common as rain. of the 25 mobile home parks I’ve bought, about five of them or 20% — were zero down. So how do you get a zero down mobile …
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Why The Retail Home Sales Debacle Has Been Great For Community Owners
January 21, 2013
At the end of the 1990’s, with new manufactured home sales roaring past 400,000 units per year, community owners felt like part of a giant machine, in which their role was to provide continually available lots to retail dealers. I remember a time in which I had a community that received, like clockwork, seven homes …
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How Much Money Can You Make With A Manufactured Home Community?
December 27, 2012
An article I wrote recently, telling the story of my first manufactured home community that I purchased for $400,000 and sold around ten years later for $1,525,000, raised the ire of a self-styled industry “guru” who contended that such amounts cannot be made with a manufactured home community. Of course, a community we closed on …
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Why Invest In A Mobile Home Park?
November 23, 2012
When you write about mobile home park returns you always run the risk of being branded a liar, as nobody believes that you can make 20% plus returns on anything anymore. With a stock market that makes 2% a year, and CDs that make 1%, and single family homes that lose money, investors are just …
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How Mobile Home Parks Make More Money Than Single-Family Home Investing
October 19, 2012
Just about anybody who watches late night TV, or receives email, or reads, knows that there are hundreds of people promoting concepts to make money in single family homes. “Buy foreclosures”, “profit from short sales”, “wholesale houses” there are at least 1,000 different concepts. Unfortunately, the only people who actually make money in many of …
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How To Find Seller Financing for Mobile Home Parks
September 20, 2012
One of the biggest advantages of mobile home parks over other real estate investments is that there is so much seller financing available. Whereas it is the rare exception in apartments, retail, office and industrial, it is very common in mobile home parks. And its availability – at a time when obtaining a bank loan …
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