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May 2011 Vol. 2 No. 8

Featured Articles and Reports
for Vol. 2, No. 8, 2011

Alphabetically by Category

BOOK REVIEW

Tracey C. Jones – Resources for Manufactured Housing Business Success
True Blue Leadership

COMMUNITIES

Edward 'Eddie' Hicks – Manufactured Home Communities
A Primer on How to Make Nice Returns with Community Investments

Chrissy Jackson – Land Lease Community Management
Standard Sections of Guidelines for Living

Joanne Stevens – Manufactured Home Community Value
Working with Realtors to Sell Mobile and Manufactured Homes in Communities

Don Westphal – Manufactured Home Community Planning
Extreme Makeover, Community Edition – aka Ryder Park, Milford, Connecticut – Part One

FINANCE

Paul Bradley – Manufactured Housing Industry Financing
What Happens When the Children End Up with Mom and Dad’s “Mobile Home Park”?

Chad Carr – Company Financial Evaluation
By the Numbers – Part 3: Identifying Problems in your Business

Kenneth Rishel – Manufactured Housing Industry Finance Commentary
Collateral Performance Can Make or Break You

Dave Shanklin – Manufactured Housing Industry Financing
Low Rates Extended and Popularity Cycles of MH Communities

GENERAL INDUSTRY/COMMENTARY

George F. Allen – Manufactured Housing Industry Commentary
The Bugbear of Defining ‘Affordable Housing’

Michael Barnabas – Manufactured Housing Industry Solutions
Manufactured Housing Businesses and Homeowners Working Together?

L.A. 'Tony' Kovach – Manufactured Housing Industry Perspective
Invite Involve Include – A Light Mantra for Manufactured Housing Progress

George Porter – Manufactured Housing Retail and Media Education
Adapt, Migrate or Die – Part II: Migrate

INSPIRATION/PEOPLE SKILLS

Tracey C. Jones – Resources for Manufactured Housing Business Success
The Judas Principle

Greg McClanahan – Soft Skills and Personal Development
Just Stay ...

Zig Ziglar – Motivation & Inspiration
ZigOn…Personal Discipline

LEGAL

Nadeen Green – Legal, Fair Housing
Logging Can Preclude Flogging

MANAGEMENT

Tim Connor – Management
Are You Hiring the Right People?

MARKETING

Bob Stovall – Manufactured Housing Use of Internet & Social Media
Learning Never Ends

SALES

Tim Connor – Sales
Maintain Control of the Buying Process

Mark Hunter – Sales
Are You Giving Away Your Profit?

Mike Moore – Sales
Salespeople Infected with ‘Sales Repellent Virus’

TRANSITIONS

Scott Stroud
The Housing Industry Loses an Icon

by George F. Allen

George Allen photo

How Do YOU Describe and Measure Affordable Housing and Housing Affordability?

First, the bugbear. Per Webster’s College Dictionary, bugbear is ‘a persistent problem or source of annoyance.’

Read more...

by Michael F. B. Barnabas

I

t may sound like a heretical idea to some. But let's explore the idea of Manufactured Housing business people and homeowners working together.

It is good for us first to review why some manufactured homeowners and business people do not already work together for mutual advancement, and equally important to note that some already do.

Read more...

by Paul Bradley

Paul Bradley photo

We have seen and experienced the consequences of heirs taking over “Daddy’s mobile home park” (read, land lease community) numerous times. Frankly, the consequences have left me thinking that there has got to be a better way.

Why? Well, in crass terms, money!

Read more...

by Chad Carr

Chad Carr photoEditor's Note: Last month, Chad described how a dealership can (and he believes should) restructure its income statement to provide a more meaningful representation of what is going on in the business. In this installment, he shares how to calculate critical profit control points for your dealership. Click here to review By the Numbers – Part 2 and readers may request a copy of Rainmaker's recommended Chart of Accounts by calling (800) 336-0339.

Read more...

by Tim Connor, CSP

Tim Connor photo

Now more than ever in the manufactured housing industry, it is critical that all of your new hires will contribute to improved productivity, sales and organization health and success.

Read more...

by Tim Connor, CSP

Tim Connor photo

One of the biggest mistakes poor salespeople make in the manufactured housing industry is they lose control of the sales process. There are many ways they accomplish this feat. Here are a few for your consideration:

Read more...

by Nadeen Green

Nadeen Green photo

Most folks in the business know that providing reasonable accommodation for people with disabilities (PWDs) is the right thing to do for two reasons. First, it is a mandate of the civil rights law that we know as the Fair Housing Act.

Read more...

by Edward ‘Eddie’ Hicks

Eddie Hicks photo

There are a lot of manufactured home LLCommunity (community) buyers out there who have the mistaken impression that this type of real estate investment can be purchased at prices providing high returns.

Read more...

by Chrissy Jackson, ACM, PHC

Chrissy Jackson photo Effective Date.  Show the date the Guidelines become effective, or the date the amendments become effective. Check the state law, and with a competent attorney.   In some states, it may be a requirement to show the date of notice of the amendments, as well as the effective date.

Read more...

by Tracey C. Jones

Tracey Jones photo Don’t believe it! Whether it’s the manufactured housing industry, any other industry or your personal life, you’re never too old to learn new tricks.

For thousands of years, dogs have been our dedicated partners, sharing in the tasks and the pleasures, the bitter struggles and the glorious achievements that accompany the building of human civilization.

Read more...

by Tracey C. Jones

Tracey Jones photo I was recently at a meeting where a member shared that a teammate had committed an act that was incongruent with what we stood for. The member was clearly shaken as he recounted the events that had transpired. How could one of us who had been so close have done something so at odds with what we stood for?

Read more...

by L. A. 'Tony' Kovach

L.A. 'Tony' Kovach photo Invite - Involve - Include. I recall the first time I heard this phrase, and it had nothing to do with manufactured housing. It was in the context of building up a group very much outside of our Industry. How do you get any group or association to grow?

Read more...

by Greg McClanahan

Greg McClanahan photo As a young marine walked through the emergency room door, a nurse quickly took the tired, anxious serviceman to the Intensive Care Unit and to the bedside of his father who had been intermittently calling for him over the past couple of days.

"Your son is here to see you," the nurse said to the old man.

She had to repeat the words several times before the patient's eyes opened.

Read more...

by George Porter

George Porter In the previous article, we discussed the need to ADAPT and how someone in the installation business might accomplish this. This time we will be talking about what you could do if you can't, or don't want to, keep up with the ever-changing rules and requirements of installation and feel you need to MIGRATE.

Read more...

by Ken Rishel

A nyone engaged in captive finance needs to understand the importance of collateral performance. In a nutshell, the homes being financed are the underlying collateral for the loan being, so how well they actually do that is important.

Read more...

by Dave Shanklin

Dave Shanklin photo There are two topics to share this month.

1. “Incredibly Low Rates”

Sales of used mobile and/or manufactured homes in Land Lease Communities (LLC’s) have heated up considerably on the West Coast, mainly due to the season, market conditions, and GREAT RATES from our industry’s main lenders.

Read more...

by Joanne M. Stevens, CCIM

Joanne Stevens photo Fact: The number of Realtors has declined nationally by over 300,000 agents between 2008 and the present. Today's Realtors are actively looking for new avenues to generate commissions, gain market share, create a satisfied customer base, garner referrals and more. Now more than ever, the need for low cost affordable housing is at an all time high.

Read more...

by Bob Stovall

Bob Stovall photo The last Tuesday in April, I spent much of the day in my annual re-certification course for my Kentucky Manufactured Housing Installer Manager license. The re-certification course is required to renew the license. It is taking place at the offices of the Kentucky Manufactured Housing Institute (KMHI) in Frankfort.

Read more...

by Scott Stroud

Scott Stroud photoFor 30 years Jerry Rouleau served the housing industry as a sales and marketing consultant, author and speaker, working with builders and housing producers across the country. On March 15, 2011, Jerry’s two-year battle with cancer ended.

Read more...

by Don Westphal

Extreme Makeover photo Last month I introduced this new series, which I call Extreme Makeover: Community Edition. It has nothing to do with the TV show, but the reality of transforming Ryder Park into the community it is today did, indeed, require an extreme makeover.

Read more...

by Zig Ziglar

Zig Ziglar photo Personal discipline, when it becomes a way of life in our personal, family, and career lives, will enable us to do some incredible things. One of my favorite sayings is, "When you discipline yourself to do the things you need to do when you need to do them, the day will come when you can do the things you want to do when you want to do them."

Read more...

by Mike Moore

Mike Moore photo

What if I told you most salespeople are infected with a ‘sales repellent virus’ and this 'virus' has been handed out, usually unknowingly, for free, for years, by their companies, sales managers and sales trainers? Even more importantly, when a salesperson is left alone, they catch this ‘sales repellent virus’ and even help spread it themselves.

Read more...

by Mark Hunter

Mark Hunter photoWant a quick way to destroy sales motivation and profit at the same time? Picture yourself as a sales manager who suddenly receives a phone call from a salesperson who is on the verge of selling a home. Here’s a sample of that typical conversation:

Salesperson: “We have to cut our price to make the sale. It’s just for this one sale. I won’t need to do it again.”

Read more...

Daily Business News Briefs

New Home Sales Post Increase

New Home Sales Post Increase

The National Association of Home Builders (NAHB) reports HUD and Census Bureau figures show sales of newly-built single-family homes rose 2.3 percent in April to a seasonally-adjusted annual rate (SAAR) of 454,000 homes. “Today’s report is further evidence of the gradual, consistent improvement we have been seeing in housing market conditions over ...

24 May 2013

Read more

Three Indexes Just Budge; Tracked Housing Stocks Mostly Fall

Three Indexes Just Budge; Tracked Housing Stocks Mostly Fall

Investors stepped back from the market today, anticipating how life will be when the Federal Reserve ends its asset purchasing, which may happen later this year. Meanwhile, CNNMoney reports the Dow Jones Industrial Average nudged up +0.06 percent, +8.6 points, to close at 15,303.10. The Nasdaq lost -0.01 percent, -0.28 points, to end the week [...]...

24 May 2013

Read more

New Homesite Planned for First Nation People

New Homesite Planned for First Nation People

Updating a story MHProNews first covered Sept.16, 2011 and last covered Dec. 17., 2012 regarding modular housing for Canada’s Lake St. Martin First Nation which has been flooded out since spring, 2011, the brandonsun reports the Canadian government and tribal leaders have finally agreed on a site. Located just under 200 miles northwest of...

24 May 2013

Read more

Cavco Releases Quarterly and Annual Financials

Cavco Releases Quarterly and Annual Financials

According to globenewswire, Cavco Industries, Inc. reports net income before taxes for the fiscal fourth quarter 2013 was $3 million, up from $2.9 million from the same period last year including a $1.2 million tax benefit from the acquisition of Palm Harbor. Net revenue rose 9.4 percent for fiscal Q4 2013 over Q4 2012, $108.8 [...]...

24 May 2013

Read more

Legislative Update—Iowa

Legislative Update—Iowa

Following MHProNews story line from Wed, May 22 about legislation in Iowa, Joe Kelly of the Iowa Manufactured Housing Association (IAMHA) tells us the House has passed property reform tax bill SF 295 that will treat apartments, MHCs and nursing homes the same as residential property. Effectively, beginning with taxes due in Sept. 2016, each [...]...

24 May 2013

Read more

Execs Depart Zell’s Equity International

Execs Depart Zell’s Equity International

The Wall Street Journal informs MHProNews three senior executives at Sam Zell’s Equity International (EI) real estate company resigned this week on the heels of the head of capital markets departure, as well as co-founder of the fund and CEO Gary Garrabrandt, who left last Sept. Chief Operating Officer Ira Chaplik, General Counsel Brian...

24 May 2013

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Measure Passes Texas Legislature

Measure Passes Texas Legislature

Following up on a story we posted March 21, 2013 about Texas Legislature HB 3613 that would release delinquent tax liens on manufactured homes beyond the four year statute of limitations, the Texas Manufactured Housing Association (TMHA) says the bill passed the Senate and now goes to the governor, hopefully for his signature. DJ Pendleton [...]...

24 May 2013

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Atty. Gen., MHC Owners Settle Suit

Atty. Gen., MHC Owners Settle Suit

Following up on a post MHProNews last published April 8, 2013 regarding a lawsuit filed against an MHC owner for allegedly violating Penn. law requiring payment relocation expenses to residents of communities that close, realestaterama says Attorney General Kathleen G. Kane has settled with the owners. Kenneth Mayes, II and his sister, Sharon...

23 May 2013

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Three Major Indexes Slide; Cavco Rises, Deer Valley Drops

Three Major Indexes Slide; Cavco Rises, Deer Valley Drops

U. S. stocks slid as markets were down around the world, led by the Nikkei in Japan. The Dow had fallen steeply at the beginning of the trading session but recovered to finish with a minor loss. CNNMoney reports the Dow Jones Industrial Average fell -0.08 percent, -12.67 points, to close at 15,294.50. The Nasdaq [...]...

23 May 2013

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MHC Investors to Present at Forum

MHC Investors to Present at Forum

MarketWatch reports senior executives of MHC owner UMH Properties, Inc. will present at this year’s National Association of Real Estate Investment Trust’s (NAREIT) REITWeek Investor Forum June 5, 2013. Held at the Hilton Chicago, as MHProNews has learned independently, Northstar Realty Finance Corp. will also be among the presenters at...

23 May 2013

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Catastrophe Housing—Containers or Modular?

Catastrophe Housing—Containers or Modular?

Following up on a post from yesterday, May 22, about the three-story disaster housing by Garrison Architects New York City has chosen to meet emergency needs, treehugger compares shipping containers to modular housing, much as NYC did. Shipping containers can be easily stored for a dollar a day, stack 16 high, and are made to [...]...

23 May 2013

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Featured Articles and Reports - May 2013 Vol. 4 No. 8

Prev Next Page:

The FTC and Your Advertising

The FTC and Your Advertising

by L. A. 'Tony' Kovach A recent message caused me to review the latest on the http://business.FTC.gov website on advertising. Uncle Sam's Federal Trade Commission (FTC), your state attorney general, other... Read more

MARKETING

The Integrated Marketing Plan for Success

The Integrated Marketing Plan for Success

by Beth Monicatti Blank Regardless of what products or services you sell, a successful marketing plan will combine several types of marketing methods to accomplish a certain goal or goals that... Read more

MARKETING

Is Social Media a Waste of Time?

Is Social Media a Waste of Time?

by Scott Stroud Want to casually keep up with friends and family between calls or while watching TV? Then, Facebook is the perfect medium for that. But, what about Social Media... Read more

MARKETING

“Caregivers, Grandkids & Service Animals – The Truth Will Set You Free!”

“Caregivers, Grandkids & Service Animals – The Truth Will Set You Free!”

by John Pentecost A troubling case developed in a mobile home park in Watsonville, California, in which a grand daughter moved in with an elderly woman homeowner in a 55 +... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

“Don't Put it in Writing”

“Don't Put it in Writing”

by Kurt Kelly Here are two conflicting things lawyers often say. The first is, “You better have it in writing.” Many contracts must be in writing to be enforceable, particularly if... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Promoting Your Manufactured Home Community

Promoting Your Manufactured Home Community

by Chrissy Jackson “Every day is open house.” (WOW!) Curb Appeal . . .Sometimes, if you have been in your community for any length of time, you become rather immune to... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Major MH Lender Seeing Acceptance & Success With Step-Rate Loan Program for…

Major MH Lender Seeing Acceptance & Success With Step-Rate Loan Program for Personal Property and In Park Manufactured Home Financing

by Dave Shanklin Our industry’s major lender out of Seattle, CU Factory Built Lending, has wowed our industry with its very popular “Step Rate” loan product and has no plans of... Read more

FINANCING

Manufactured Home Mortgages Perform As Well As Other Mortgages

Manufactured Home Mortgages Perform As Well As Other Mortgages

by Andrea Levere Editor's Note: This is part of a series covering the release of Toward a Sustainable and Responsible Expansion of Affordable Mortgages for Manufactured Homes, the newest groundbreaking report CFED's... Read more

FINANCING

So, what’d you think of Vegas?

So, what’d you think of Vegas?

by Martin V. (Marty) Lavin Setting it up. First, let me set the stage. It’s been a few years, 3, since my last Las Vegas Manufactured Housing Institute (MHI) Congress and... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

GAO Review of HUD Program and HUD Manufactured Housing Program Budget

GAO Review of HUD Program and HUD Manufactured Housing Program Budget

by Mark Bowersox With two recent reports on manufactured housing recently completed, the Government Accountability Office (GAO) has now turned its attention to a comprehensive review of the HUD Manufactured Housing... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Ignorance is No Excuse!

Ignorance is No Excuse!

by John Arendsen Manufactured Home Park/Community Owners/Investors of Rent/Lease Communities & Developers of Resident Owned Condo-Conversions, Sub-Divisions or Planned Unit Developments (PUDS) have more responsibilities, liabilities and obligations to their tenants/residents/homeowners... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with… Michael Evans

A Cup of Coffee with… Michael Evans

1) Who, What and Where: (Your name and your formal title at your company.) Michael Evans C.E.O. Centennial Management, Inc. Corporate offices are in Aberdeen S.D. We currently operate 9 retail... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Age of Knowing

The Age of Knowing

by L. A. "Tony" Kovach We at MHProNews are big believers that the factory built housing industry must recruit, train and inspire the young to become tomorrow's front line leaders. We... Read more

MANAGEMENT

Is employee training a waste of time and money? It Depends . . .

Is employee training a waste of time and money?  It Depends . . .

by Tim Connor, CSP Here’s the bottom line in advance – Most of the training done by organizations is a waste of money and time. (Not being negative here – as... Read more

MANAGEMENT

Self-Evident Truths...for more Manufactured Housing Sales

Self-Evident Truths...for more Manufactured Housing Sales

by L. A. "Tony" Kovach Perhaps my favorite part of the Declaration of Independence is the phrase that begins with these words: "We find these truths to be self evident..." ... Read more

MANAGEMENT

ZigOn Integrity

ZigOn Integrity

by Zig Ziglar Several years ago, Angela Weir, a delightful young woman, worked with the Zig Ziglar Corporation. She was upbeat, always had the company's interests at heart, was easy to... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Tiny Sales Lessons

Tiny Sales Lessons

by L.A. 'Tony' Kovach Let's start this column with a true story that will tee up a theme necessary for success minded manufactured housing (MH) professionals. Read more

SALES

52 Weeks to GUARANTEED Increased  Sales!

52 Weeks to GUARANTEED Increased  Sales!

by Tim Connor, CSP The following 52 behaviors when mastered as a part of your personal and career development will guarantee increased sales.  Each of the 52 topics are critical to... Read more

SALES

US and Canadian Manufactured Homes Directory Locations

US and Canadian Manufactured Homes Directory