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Handing Off The Lending Baton

Episode 351

Even though the amortization on a mobile home park mortgage is typically 25 to 30 years in length, the balloon comes due around year 5 to 10. Like a …

1 year, 8 months ago

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Understanding The Concept Of “Hot” Markets

Episode 350

Brokers frequently claim that a market is “hot” which they equate to being of superior quality and therefore worthy of potentially overpaying. But it…

1 year, 8 months ago

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The Perils Of Hiring The Manager From The Park Down The Street

Episode 349

Eventually the manager at the mobile home park down the street will inquire about being in charge of yours. Or one day you’ll get jealous that the co…

1 year, 8 months ago

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Really Understanding Recourse

Episode 348

All borrowers prefer “non-recourse” lending, but is “recourse” really a deal killer? It’s all a matter of perspective. In this Mobile Home Park Maste…

1 year, 9 months ago

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Don’t Abandon “Cash For Keys”

Episode 347

There are some skills learned during Covid that we don’t need to throw away, and one of them is the concept of “cash for keys”. Born of desperation f…

1 year, 9 months ago

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Where Did That Come From?

Episode 346

We’ve been trying to unlock the science of mobile home park ownership for three decades, but there are some unwritten rules that are not supported by…

1 year, 9 months ago

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Analyzing Shipment Data

Episode 345

Many people track how many mobile homes are sold in the U.S. and are only focused on the total number that are shipped each month. But the more impor…

1 year, 9 months ago

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Do You Need An Appraisal On A Seller-financed Deal?

Episode 344

When the seller carries the financing they typically don’t require a formal appraisal. Despite the absence of a formal loan committee there’s still t…

1 year, 9 months ago

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Fighting Back Against A “Rigged” System

Episode 343

It comes as no surprise that America has become enormously corrupt in so many ways. Simply watching the news gives you a full knowledge of how “rigge…

1 year, 10 months ago

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After-Sale Repairs

Episode 342

Even if you sell a mobile home in “as is” condition and make no warranties, there is always the risk that the phone will ring with the homebuyer aski…

1 year, 10 months ago

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