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Mayor Sounds Off on UMH Properties – Data, Documents, & More

October 30th, 2018 Comments off

ColumbiaTNMayorSoundsOffUMHPropertiesDailyBusinessNewsMHProNews

Mayor Dean Dickey of Columbia, Tennessee was asked to comment via video about Countryside Village location of UMH Properties.

 

As a housekeeping note for this report, recent data and information from UMH Properties (UMH) will be laced between some other commentary which may not be directly related to the slide/illustration shown.

 

 

The video comment by Mayor Dickery are pleasant, but frankly it isn’t compelling dialogue.  The video is grainy, so the Daily Business News on MHProNews shrank the image to make it appear better. Full size, it is not very clear, which may reduce its impact for possible viewers.

 

 

That said, the idea to ask a mayor for comments can be prudent. Done professionally, it can be powerful.  This UMH video thus provided a ‘compare and contrast’ ‘teachable moment’ opportunity that public officials can be asked for statements, but also reveals how that can best be done. An example of how that is accomplished is found on MHLivingNews, and is also shown in the video below. Compare the two videos, and then push onto the latest UMH data.

 

 

These videos provide a backdrop to new data, documents, and images from UMH Properties, one of the largest manufactured home community operators in the U.S.  The video below is from their 50th anniversary annual meeting last year.

 

 

UMH is headquartered in a state that is not currently too manufactured housing friendly. Most of UMH’s locations are in other states. With a GOP contender Bob Hugin in surprisingly in striking distance in the deep blue “Garden State” of a scandal-ridden Senator Bob Menendez (NJ-D), this is also a reminder that the midterms are the time to vote for pro-business, pro-growth politicos.

 

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The right zoning, finance, and other placement policies in New Jersey – and the other 49 states – could open up a number of new home sales options in a state that has outrageously high housing costs.

 

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Sam Landy, JD, president and CEO of UMH Properties (UMH) has taken an interesting view when local media has come after his company for this or that reason.

 

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Landy has said they welcome the media oversight.

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That’s an arguably refreshing view, compared to the silence that often comes from the Manufactured Housing Institute (MHI) when a post-production issue is called into question.

5FavorableHousingTrendsPresentationDailyBusinessNewsMHProNews6UMHPropertiesPorfolioLocationSnapshotIRpresentationDailyBusinessNewsManufacturedHomeCommunitiesIndustryMHProNews

 

Landy has also stood up against rent control, see that, linked here.

 

7UMHPropertiesPorfolioOccupancyByLocationsIRpresentationDailyBusinessNewsManufacturedHomeCommunitiesIndustryMHProNews

Speaking of post-production, a call from a legal operation today that came to MHProNews may signal a new legal issue over the horizon.  MHI was mentioned as part of that inbound phone conversation.  As information develops, and that may take time, the industry’s pros will want to know.  If you aren’t already on our industry-leading emailed news list, click here to sign up free in seconds.

 

8UMHPropertiesRentalCapacityByStateIRpresentationDailyBusinessNewsManufacturedHomeCommunitiesIndustryMHProNews9UMHPropertiesPortfolioGrowthIRPresentationDailyBusinessNewsManufacturedHomeCommunitiesIndustryMHProNews

The UMH data is useful not only to investors, but to other industry professionals for a variety of reasons.

 

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It is also a reminder that while occupancy for manufactured home communities is rising – not only at UMH, but nationally too – it foreshadows a coming ‘wall’ for producers, if the industry’s leaders fail to address the numerous SWOT issues that MHProNews and/or the Manufactured Housing Association for Regulatory Reform (MHARR) have raised for years.

11UMHPropertiesRentalUnitIncomeIRPresentationDailyBusinessNewsManufacturedHomeCommunitiesIndustryMHProNews

 

Some of these topics are not raised by other in industry trade media. Why not?  Is it because it would prove embarrassing for the Manufactured Housing Institute (MHI), which other publishers are often paid mouth-pieces for – via ads or other gimmies?

 

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13UMHPropertiesAquistionExampleIRPresentationDailyBusinessNewsManufacturedHomeCommunitiesIndustryMHProNews

Speaking of MHI, almost a week has gone by since MHARR published an update from HUD about an issue that MHI was also advised of by HUD.  Why didn’t MHI email their own members?  They’ve sent out other messages, why not on this topic of interest to retailers and communities?  ICYMI, or need a refresher, see the linked report, below.

 

HUD “Clarification” on Frost-Free IB Offers More Questions and Confusion Than Answers

 

The potential for growth in manufactured housing is nothing short of astonishing.  But so long as short sighted, gutless, red-herring, fig-leaf, and/or manipulative strategies are in place that harm smaller firms to the long-term gain of ‘big boy’ producers, the industry will remain limited.

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That’s avoidable for individual firms. As UMH President Landy has said to MHProNews, it is up to individual companies to do their own marketing and sales.

 

 

The video above opens with a UMH community manager, who praised the energy and insight brought to this industry by our publisher.

As a disclosure, the data from UMH hereby presented are not a specific recommendation.  The screen captures shown are some key points, but the entire IR presentation is located at this link here as a download. We hold no position in UMH, or other companies that are among the tracked stocks presented each business day’s evening.

The closing numbers on UMH, as well as all other manufactured home communities, and manufactured industry, tracked stocks are found at this link here.  The closing ticker graphic shows the 52 week trend, and the daily moves can be monitored nightly in our exclusive reports.

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

 

 

Related Reports:

UMH President and CEO, Sam Landy on Rent Control, Manufactured Home Communities

 

Hundreds of New Manufactured Home Communities Opened, But How Many Have Closed? Industry Research Result$

 

SWOT – Threats to Manufactured Home Communities, Retailers, Independent Producers, and Others in MHVille

 

 

 

7 Surprising Keys to Unlock Manufactured Housing Industry Sales Success

June 2nd, 2018 Comments off
7SurprisingKesytoUnlockManufacturedHousingIndustrySalesSuccess

Man in a straitjacket.

Scientia potentia est,” is Latin that is commonly translated as Knowledge is Power, but it is more accurately translated into English as Knowledge is Potential Power.

 

All Knowledge comes from one of two sources, your own experiences, or insights learned from the experiences of others. There are no exceptions.

Even those who with millions of others believe in infused Knowledge from a Supreme Being – God – they must also admit that God is the Ultimate Other.  So all knowledge comes from your own experiences, and/or from the experiences of others.

Experiential knowledge requires several things, including trials – as in trial and error – time, talent, some degree of treasure, temperance, and an openness to the truth. Those are the 7 Ts.

Those who are closed minded for any reason can not advance until their mind is unlocked.

The close-minded can include those who hold to a false belief that they think they know something, which may be partially or completely untrue.

Proof?

Surveys and statistics alike prove that manufactured housing is widely misunderstood. So, the obvious solution to misunderstanding is education.

Knowledge must first be acquired by someone – and then by applying the 7 tools of Time, Talent, Treasure, Trials, Trust, Temperance, and Truth – that knowledge must be repeatedly shared with others.

7TsTimeTalentTresureTrialsTrustTemperanceTruthManufacturedHousingProfessionalPuzzlePiecesMHProNews_001

That in a nutshell is the 7 keys to professional, location, company or industry success.

Let’s elaborate.

An internal and external education campaign at the location level (vs. national) are fundamental essentials for sustainable professional success. That’s true in any profession, but perhaps particularly so for manufactured housing. Why? Precisely because manufactured housing is misunderstood.

Misunderstanding is an opportunity in disguise. Its an opportunity in disguise for professionals and investors that most Americans misunderstand manufactured housing.

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Millions every year are looking for housing. Zillow and other research reveals that only a tiny fraction of shoppers even consider a manufactured home. Industry statistics shown that only a tiny fraction of those who consider a manufactured home actually buy one. That’s both tragic, but also an opportunity in disguise. Education is part of how that opportunity must be tapped, and that is done at the location or market level. This is why those who think ‘national campaign’ misunderstand the realities of manufactured housing today.

So, the person, location or operation that opens their mind to learning and applying the elements of industry success can and will thrive, period.

Misinformation is costly. Accurate information – the Truth, or Knowledge are vital ingredients to individual, location, or industry success.

IfPrettyPicturesVideosAloneWereEnoughMHIndustryWillOnlyAchieveItsGoalsByResovingItsCoreIssuesLATonyKovachMHProNews1

The quote below about 3D, video or great websites is demonstrably true.

Want proof?

What follows is not meant to be a slam against MHVillage, nor against anyone else.  It is a look at the cold, hard facts. It is necessary to point out that however impressive their total sales are, however, their own statistics are clear evidence of what ails manufactured housing. For more click here, but you can read on or circle back later for details.

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While impressive on one level, their data and statistics are alarming when carefully examined.  But they are also an opportunity in disguise, as they point to the absolute need for the correct types of education.

It was utterly predictable that some great looking videos or websites would not result in big leaps in sales. We won’t mention the names of any ‘great looking’ websites, so that no one will misinterpret or misunderstand the point.

First, let’s clearly state that of course a good looking site is better than a bad looking one.

But go back to the vital first quote/graphic above.  If looks alone sold more homes, manufactured homes would be 5 to 10 times – or more – their current sales levels in most markets across the country.  This we know from experiences on our consulting-professional services side. But we also know this from our MHProNews research and reports.

 

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Global, historic, and local manufactured housing market perspectives are important for progress in local market selling.

 

Flat Earth Thinking

An industry colleague was laughing with delight to a line in a drafted article that has not yet been published. The article included an analogy to Flat Earth Thinking.

Recall that some 5 or more centuries ago, there where millions who mistakenly believed that the earth was flat.

It took knowledge, experience and the 7Ts to change that false belief in flat earth thinking. You might still find some flat earth believers, but images like that satellite photo above, coupled with the experience of the horizon, ought to be sufficient to prove that the earth is a sphere.

Those who buy a manufactured home believe it is a useful, and achievable solution for their housing needs. Period. Those buyers may or may not believe that a manufactured home is a perfect solution, or even their preferred solution.  They only have to believe it works for them, and will prove useful for some period of time.

The clear answer to selling more manufactured homes is thus discovered to be helping more people see the potential value to them in ownership of a manufactured home. It is in helping more people understand the value proposition. It is helping home shoppers and others grasp that a manufactured home can be a good or even superior option. Period. Full stop.

UnzipLookingForUsUnlockedMindHowCanWeHelpThemSeeManufacturedHOusingINdustryDailyBsuinessNewsMHproHNEws

All of the above and what follows may seem to some as stating the obvious.

It should be obvious that defining your business, profession, and the industry at large are part of the surprising keys to success.  It is all part of “Scientia potentia est,” of Knowledge is Potential Power, and the correct understanding and application of the 7Ts.

 

Small vs. Big Business? The Surprising Facts and Insights 

There is a paradox in business and industry, manufactured housing or any other profession. It’s this. Virtually all big businesses begin as small businesses.

Not all small businesses aspire to become a big business. That’s fine. There are successful one location communities, retailers, producers, lenders, installers, transporters, legal, and other professionals.

Among the law firms we’ve had extensive communications and discussions with is an operation that began as a single location.  That law firm has spread over time into a regional – some might say, national – powerhouse in their specialized fields.

But there are tremendous businesses within our industry that have one and only one central location. There are attorneys we know who are “one-lawyer shops,” that do a terrific job.

Similarly, there are HUD Code manufactured home producers, for another example, that have only plant, one location. They may ship manufactured and modular homes into a dozen or more states, but they do so from a single base of operations. When something has worked profitably and with happy customers for decades, that’s a good proof of concept.

 

Big Business ISN’T Automatically Bad Business

Some readers who skim MHProNews may have the false impression that we are opposed to big business. For thoughtful, careful readers, reflection or a review of the search boxes would reveal that to be untrue.  ‘Big business is bad business’ has literally never been said by any MHProNews parent company team member.

We are editorially opposed to monopolistic or any unethical practices on principleBut a business can be large and not be monopolistic.

A business can be large, and ethical.

It’s unethical practices that we oppose on principle, and because it is harmful to the industry at large, as well as the public.  That includes, but is not limited to, opposition on principle of any monopolistic enterprises or organizations.  Some argue that certain public utilities ought to be a monopoly, set that debate aside. We’re briefly focusing on normal, private businesses. In England, they consider that something may be a monopoly when a private enterprise approaches 25 percent market share.  The U.S. at present has no similar line, but shouldn’t Americans have that limit?

 

The Paradox – Innovation and Small Business vs. Big Business

Small businesses or individuals are often where innovations are found. Who says?

That’s what research by the Small Business Administration (SBA) states, “small businesses are more efficient at innovation.”  We could point to specific manufactured housing operations that have many times more people – and far bigger budgets – than we do.  But they have demonstrably less engagement, and lower conversion ratios than we our clients of ours have experienced.  Does someone want to spend more, and have lower results?  Or is it better to spend less, and have greater results?

Big business become and stay large due to Systems that are learned, taught, and followed.

It’s essential to have Systems in any successful business. If a larger enterprise is to be sustainable and successful, then it must learn and enforce standards – Systems, Policies, and Procedures – that are proven to work.

Thus, a large business – because of systems that an organization holds too closely to – can become a straitjacket. Straitjackets, by their nature, stifle innovation.

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For example. On the consulting and professional services side of our operation, we studied a location that had multiple sales people.  One of them – an individual sales person – wanted to focus on selling a single model of home. The location owner allowed it.

For clarity. Yes, 1 man, sold only 1 floorplan of home, made by a single builder.  Let’s note, this was their test, not ours. We were hired for a variety of other reasons, but one was to monitor and evaluate their test.

That sales professional made it his specialty to sell that one – and only one – particular model and floorplan.  He would not sell any other model or floorplan. He was good at it. He was personally successful at it.

But before and after evaluating it, this wasn’t a practice we would generally recommend. While it contributed to the sales of the location that conducted the test, if everyone there had done the same thing, the location could have rapidly failed for reasons too lengthy to go into here. That one-model-selling-salesperson took a useful concept – specialized knowledge – to an extreme.

That said, it was a fascinating study. And that one person personally sold more homes than many of his peers did, but not for the reasons some may think.

Part of that example is that it was a one-location “street retailer.”  They were testing, and trying to innovate.  They learned from the experiment.

That’s evidence of how all knowledge comes from experiences. It is also an example of how innovation often comes from smaller companies.  Experiences can be obtained by trial and error.  Knowledge can be obtained from others. Knowledge can come from observation, from reading, from conversations, from formal instruction, and so on.  It can come from testing – trials – of a concept.

From the combination of years of reporting, interviews, training, services, and consulting, we’ve been privileged to witness and gather together perhaps the most significant body of marketing and sales knowledge the industry has ever had.

Those insights turn are useful in converting more lookers, video viewers and website surfers into buyers.

 

The 7Ts of Time, Talent, Treasure, Trials, Trust, Temperance, and Truth

The word ‘trust,’ can be understood in a variety of ways.

That includes the notion that trust is related to what sometimes is described as earned confidence.

Motivation comes from confidence. Momentum comes from appropriate levels of the 7Ts, including sufficient commitments. This point about trust and momentum are obliquely made by the builder-president in a speech he gave.  In the video below, President Donald J. Trump surprisingly included a talk about a factory-home builder he knew.

 

Donald Trump Video-Recorded Speech that Singled Out a Factory Builder

When the president spoke about this builder, he was making a specific point about momentum.

But indirectly, he confirmed several other points this article is sharing. There are many things needed for success, Operation Breakthrough identified, using different terms, various keys to success. The video below isn’t essential to our point today, but it is useful and interesting for those who have about 8 minutes.

Trust isn’t an island. Life requires balance. It is imbalance that always, ultimately always, causes problems.

Unwillingness to see an imbalance, a refusal to accept what is true, is often at the core of faults and failures.

Some reading is obviously better than no reading/research for the typical owner, professional, and manager. But the minimum should be 1-2 hours a daily. Investors, note this is a success tip by Warren Buffett that’s ethical and can be done by almost anyone.  Buffett reads and researches 5 to 6 hours on a typical day.

For example, the most talented man or woman in the world can experience a failed marriage. This analogy-by-example isn’t meant judgmentally, like other examples, this one is purely clinical. The causes of a failed marriage can be many. But at the core, it’s a lack of commitment or deception by one or both parties to the union of that marriage that often results in its failing. That’s an analogy to learning, and success. A commitment must be made to learning.

Deception can’t be the basis for trust or sustainable success.  By the way, there’s a distinction between deception and timing.  You may want to tell your spouse about a gift on the date of the occasion, not before.  That’s a timing issue, not deception.

A wishy-washy commitment, or one based upon deception, is no commitment at all.

Temperance is another word for balance or moderation. The opposite of gluttony is temperance. If someone eats too much, and burns too few calories, they gain weight. It’s utterly predictable.

In business, the greed for having it all – for crushing or destroying competitors – is moderated by temperance.

Free enterprise is good. Capitalism taken to the extremes of crony capitalism, vulture capitalism, or monopolistic capitalism, those extremes are to be moderated or halted. Temperance can also be an adjunct to ethics. Fairness. Equity. Justice. Those are qualities that are kindred spirits to temperance or moderated behavior. We’ve previously noted on MHProNews the twin principles of solidarity, and subsidiarity. They are necessary principles in successful family, business, in society. and government.

Just as the demonstrable goodness of free enterprise can be taken or twisted into an extreme – such as vulture or monopolistic capitalism – so too the goodness represented by manufactured homes can be taken to an extreme. Some lack sufficient commitment to the industry. Others demand too much, which absent temperance, becomes destructive.

It isn’t meant as a per se slam against the industry’s “biggest boys” to say that to various degrees they may demonstrably lack the balanced 7 keys to sustainable success.

For example, if any of the big three in manufactured housing production understood – profoundly grasped and made a genuine commitment to the 7Ts – they would be selling several times their current numbers of homes.

The proof is history. There were times in manufactured housing history – for example, in 1998 – when either one of the top two producers that year outsold the entire production of our industry in 2009.  Yes, there was easy money then, but beyond that, there were principles followed in 1998 that are not being applied today.  There was arguably higher demand then, and a better understanding by many, for manufactured homes.  The reasons?  The 7Ts.

On the Manufactured Home Communities (MHC) side.  If more communities deeply understood the value proposition answers that shoppers are looking for, then their home sales would be soaring. Rentals of homes in land-lease manufactured home communities (MHC) are demonstrably profitable. Ask any of the MHC REITs who are doing it successfully. That’s a given.

But in renting homes, haven’t some lost the mojo for selling more owner-occupied homes? Equity Lifestyle Properties Chairman Sam Zell has publicly said that renting manufactured homes must be kept marginal.  The business model changes too much when there are too many rentals.

94percentcreditapprovalNARMHVillageLowConversionratiosDailyBuisnessNewsMHProNewsConsumers are looking for very specific answers to questions before they will buy a manufactured home, vs. rent one.  Look at the conversion rates of renters to buyers.  Useful?  Yes.

But is renting first the ideal sales tool?  Hardly. Rather, renting is a useful, profitable debatably a short-term fix.

Home shoppers often don’t realize they are looking for certain answers, but they are.

So, the marketing and sales process must account for that reality.

That in turn means that the educational process of sales professionals must include that understanding.  That means industry sales pros must be instructed – educated – in order to successfully engage with more people, especially well-qualified buyers.

Thus, the marketing and sales process must accomplish consumer education. Education of consumers can’t just be a mere recital of construction facts, nor can it be just pretty pictures, 3D tours or even gorgeous videos.

Construction facts are only useful in specific cases, with certain types of buyers. If a laundry list of construction facts alone would sell more homes, a location or the industry would be selling many times more homes.

The opportunity in disguise for manufactured housing is that for millions of Americans, manufactured homes are the wildly misunderstood solution for the affordable housing crisis.  Applying these lessons in a local market, at the location level, using the 7Ts – are keys to sustainable success.

Note, the video that follows was an operation that struggled to sell any new homes, and for years sold mostly older, used homes.  Their operation was totally changed.  There were many factors.  Among them, they changed their mind-set and methods, and learning to apply the principles of the 7Ts.

 

 

So, at the heart of all sustainable success are the 7Ts.  Back in the go-go-days 20 years ago, Palm Harbor and Oakwood were 2 vertically integrated companies that arguably were among those which utilized marketing and sales processes that were not sustainable.  Palm Harbor and Oakwood were strong for a time, but faded.  During that time, we could and did work with retailers nearby one of their locations, and show them how to outsell them, and have happier customers who referred their friends.

Understanding and a proper application of those 7Ts yields sustainable, professional success.  BTW – for clarity – the videos are just part of the process, they are by no means the entire process.  Videos that inform consumers – and professionals – are part of the puzzle, but videos alone are not every piece of the puzzle.

Understanding what the actual concerns and solutions for consumers is a must.  Failing to understand and address their needs are thus the road-block to increased manufactured housing sales.

A careful viewing of the videos in this column relate essential facts. They are among several proofs that most investors and professionals in our industry fail to grasp.  Most simply don’t see just how amazing the opportunities are today.

Scientia potentia est,” knowledge is potential power. Knowledge requires education.

By the way, there are hundreds of possible styles of videos. The one below is but one example of a different type of video, to make the point about various styles available.  You’ll find a ton of fancy videos out there, often made by high dollar production companies.  But even if a video has hundreds of thousands of views, when you notice that there are a very low ratio of views-to-sales, what does that tell you?

Sustainable success requires an application of the 7Ts.

The videos on this page are examples of elements that prove the points of the value of the 7Ts.

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More First Nations Turning to Modular

April 27th, 2017 Comments off
MoreFirstNationsTurningtoModularcreditCBC-postedtothedailybusinessnewsmhpronewsmhlivingnews

Modular homes being moved into place on the Yale First Nation. Credit: CBC.

Throughout Canada, many First Nations native tribes are struggling with the dual challenge of quality, and affordable, housing.

Mold and other natural elements, when combined with overcrowding, present issues tribal members call a “sad reality.”

The solution, they believe, lies in modular housing.

According to the CBC, the Yale First Nation in British Columbia has started to move forward with utilizing modular, with Britco in to construct six new family units.

With the ability to heat the homes for much less, and the homes being able to last longer, utilizing them was an easy choice, especially as older homes were falling apart.

They were dilapidated, one was condemned and demolished and the other cost us $100,000 just to renovate,” said Crystal Sedore, Yale First Nation’s housing manager.

The Yale First Nation homes were built using what’s known as passive technology, in which the units face the sun, have thicker walls and multiple layers of insulation, which lowers heating bills by as much as 80 percent. Heat from stoves and dryers are also recycled to heat the rest of the homes, which are airtight.

Members of the Yale First Nation started to move into the homes on April 1st.

As far as we’re aware, this is the very first passive house built on a reserve,” said Sedore.

The results, so far, are positive. The nation is so pleased that four additional homes are now being constructed.

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Credit: CBC.

The Daily Business News has covered a number of stories about First Nation’s utilizing modular housing, including the case of the two-and-a-half-year saga for the Kashechewan First Nation of Northern Ontario.

In December, eight families started moving back into new modular homes delivered over the summer.

Families were expected to continue to return through the winter and spring months with all 104 modular homes full by August 2017.

The plan is to fly a handful of families back to Kashechewan every few weeks, with the goal of having everyone home by the end of the summer,” said Kapuskasing fire chief Gerry Desmeules.

When they left Kashechewan two and a half years ago now, they basically left with a small duffle bag with some clothes. They’ve basically rebuilt their memories and all their personal property and stuff while they were here in Kapuskasing.

The full story is linked here. ##

 

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews

Residents Hope for More Time to Vacate MHC

February 7th, 2017 Comments off
ResidentsHopeforMoreTimetoVacateMHCcreditNBC4-postedtothedailybusinessnewsmhpronewsmhlivingnews

The East End Mobile Home Park. Credit: NBC 4.

For residents of the East End Mobile Home Park in Manassas, Virginia, hopes for an extension on an order to vacate are hanging in the balance.

In a story that the Daily Business News has followed from the beginning, and through resident requests for a lifeline, Manassas city officials have now stepped in and asked the current property owner to allow families that have children to stay in the community until the end of the school year.

In late December, residents went to the city council to ask for help in a saga that has, according to them, been going on for a decade.

Residents claim that the property owner has neglected the community’s sewage system to the point that unless residents take action themselves, sewage comes up into their yards.

In a move that city officials considered the “best of bad options,” the city council voted to buy the property for $1.86 million.

While the option looked like a lifeline, it had a twist: the city said it could not act as a landlord, and therefore the deal could not close until all the residents were out.

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Mayor Harry Parish II. Official Photo.

We have a contract and we’ve got to abide by that contract,” said Mayor Harry Parrish II at the time. “There are opportunities for the owner to work with the citizens. And I think that’s where the action should be taken place today.”

At the time, city officials said that the situation was unhealthy for residents and it could not continue.

They did not want to shut off water and sewer service, which would have led everyone to be evicted right away, so the city opted to buy the property and make repairs, as the current owner did not have enough money to cover the expense.

The city said that it now plans to repair the faulty sewer system after residents move out.

While city officials did step in and ask the current owner for an extension, they said that the owner will select a move-out deadline, not the city.

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East End Residents attend a Manassas city meeting. Credit: Potomac Local.

We’re going to be moving them when they’re prepping for these tests, and that’s going to be detrimental to their education,” said resident Melissa Watson.

According to NBC4, the Save Our Homes Alliance, a nonprofit organization, has stepped forward to help residents stay. The Daily Business News will continue to follow this story and provide updates. ##

(Image credits are as shown above.)

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Recent Victories, More Hard Work to Do: NFIB’s Duggan Speaks

February 3rd, 2017 Comments off
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Credit: NFIB.

National Federation of Independent Business (NFIB) President and CEO Juanita Duggan and small business leaders from across the U.S. met with President Trump this week, to explain why small business owners have such a big stake in Supreme Court justice nominee, Neil Gorsuch.

 

The NFIB tells MHProNews that its members understand first-hand the difference that one justice can make, as they were the lead plaintiff in NFIB v. Sebelius, the landmark case against Obamacare.

The controversial law was upheld by a single vote.

In reviewing Gorsuch’s record, the NFIB says the organization found him to be consistently tough on regulatory agencies seeking to expand their authority by rewriting the law. In a very influential decision, Judge Gorsuch challenged the Chevron Doctrine, which gives deference to regulatory agencies to interpret laws in ways that expand their power.

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Juanita Duggan. Credit: NFIB.

Earlier this week, President Trump signed an executive order requiring federal agencies to eliminate two regulations for every new one approved,” wrote Duggan in a letter to members.

His actions to reign in excessive regulation is good news for the small business community. Small and independent businesses have been crushed by the aggressive regulations of the past eight years. According to the 2016 NFIB Small Business Problems and Priorities report, overregulation is now the second most important problem for small business owners.

Duggan also addressed President Trump’s executive order to revive the Keystone XL Pipeline, and, of great importance to small businesses, tax reform.

We are very active on tax reform, one of our key priorities for 2017. President Trump and Congressional leadership agree that taxes are far too high for both pass-through businesses and C corporations. The tax code strongly favors large corporations. NFIB believes that no small business should be paying a higher tax rate than Exxon Mobil,” said Duggan.

I have made it clear to Congress and the President’s team that tax reform starts with small business. Small business employs 58 million Americans and creates more than half of all jobs. If the purpose of tax reform is to grow the economy and create jobs, then it must focus on small business.

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Credit, NFIB.

Duggan and the NFIB have been vocal and active leading up to, and after the election of President Trump, including a report last month about small business optimism being at it’s highest rate in 37 years.

We haven’t seen numbers like this in a long time,” said Duggan. “Small business is ready for a breakout, and that can only mean very good things for the U.S. economy. Business owners are feeling better about taking risks and making investments.

That report is linked here. For more from the NIFB on small business, click here. ##

(Image credits are as shown above.)

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Manufactured Housing: More Bang for the Buck

January 19th, 2017 Comments off
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Inside of a Nobility manufactured home. Credit: Nobility Homes.

Bill and Mary Ann Ridenour became “empty nesters” recently, and were left with a 3,200 square foot house.

As many couples do in this situation, the Ridenours decided to downsize.

And they discovered the magic of manufactured housing.

When I tell people what we did they think I’m joking,” said Mary Ann Ridenour.

According to The Sentinel, their move is not uncommon.

As housing costs remain high in many parts of the country, many are discovering that manufactured housing is an affordable option.

The goal for the Ridenours was cost cutting, as Mary Ann, who works full-time as a court reporter, started a side business about a year ago. The couple wanted more cash to support her endeavor, so they wanted to eliminate their $1,800 monthly mortgage payment.

We were working our butts off to live in this big house that we didn’t need,” said Ridenour. “We thought, ‘Why are we paying this ridiculous mortgage on this home?’ It was strapping us.

They bought their 3-bedroom, 2-bath manufactured home with a half-acre of land about 10 years ago for $143,000 and moved into it last year. Ridenour admits that the decision to move into it took some adjustment.

It’s not a sign of a great accomplishment that I’ve moved from a big beautiful home to a trailer [sic],” said Ridenour with a slight laugh.

Once we swallowed our pride, we now find the awkwardness when people realize our living conditions amusing.

Mary Ann Ridenour says she and her husband are much happier without having to worry about money.

The Ridenours have discovered, as many others have, that the old stereotypes about “mobile homes” are just that – old stereotypes. Modern design and high quality at an affordable price are all benchmarks of modern manufactured homes.

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Credit: MHProNews.

 

Experts also agree that manufactured housing revives the dream of homeownership.

In some ways, this could be looked at as the new American Dream because the old American Dream has become unreachable for so many people,” said Daniel Levine, director of the Avant-Guide Institute, a business that watches consumer trends.

Emily and Jesse McBroom of Denton, Texas, are an example.

Emily and Jesse McBroom. Credit: The Sentinel.

They wanted to own their own home, pay down student debt and have money to travel. Paying $29,000 for their manufactured home on seven acres of land allowed them to do just that.

We could get a brand-new trailer home [sic] with the newest appliances and pay less than the cheapest rent in the area,” said Emily McBroom.

As Daily Business News readers are aware, most references to “mobile homes” by publications are incorrect, as the last mobile home was built in the U.S. in 1976.

For a more detailed history on the journey from mobile to manufactured homes, please click here. ##

 

(Image credits are as shown above.)

 

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.