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November 2009

by Ken Giljack

(Editor's Intro: Having noted the high rating Hi-Tech Housing received in the Grissom Report, we invited Hi-Tech's VP to share with our readers an overview of their operations.)

Pictures featured here are Hi-Tech Housing homes that have recently been erected in communities. From 12' wides to 14' and 16' wide single sections, to multi-sectional homes, triple wides, tag units, as well as HUD approved Cape Cod homes – Hi-Tech has it all. Hi-Tech was conceived specifically with designing and providing quality homes to meet the changing and unique needs of land lease communities or retailers selling land home packages.

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by Linda Beem

(Editor's intro: as we learned from her Oct 09 column, Linda Beem personally closed over 360 sales in 6 years in a once 'challenged' community environment she and her team mates transformed into an appealing location. So follow her closely, because Beem will light the path to enhanced sales success!)

Linda Beem photoMany of us sales professionals yearn to be the best! We all want things to flow smoothly. We want to write up new business! But we learn early – and often - in our sales careers that selling is no easy task. When you're selling manufactured homes for a living - which due to image, finance and other issues is hovering at only some 4-5% of the new housing market share – the task becomes even more challenging.

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by L. A. "Tony" Kovach

Tony Kovach photoFor a number of years, at the top of my fax cover sheet I had two mottos posted:

  • "Oh how rich I would be if only I could have everyone's wasted time."

  • "No matter who you are – we all have the same amount of time in a day."

These statements are telling! Speaking of telling, if we were 'telling' the truth, there is a lot of time wasted these days by some manufactured home sales people! I sincerely hope that doesn't include YOU.

Read more...

by Greg McClanahan

(Editor's intro: Greg has used the right words with 150 manufactured home retailers and served firms such as Fleetwood Homes, Sam's Club, Conoco Philips, as well as thousands of retail clients over the years in manufactured home retailing.)

Around the Campfire logoGreat leaders who have devoted themselves to continual learning and personal growth are more equipped to be able to say the right words at the right time. Those words may inspire your staff to improved productivity, encourage others to get behind a new company initiative, promote a desire for personal excellence, or maybe give confidence to a colleague experiencing a personal challenge.

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by Susan Frost

(Editor's Intro: Sue is one of those motivated, new believers in and voices for our Industry! A thought-provoking read! Sue will also moderate our Finance Forum.)

Susan Frost photoAt the onset of the banking industry meltdown, implode websites and industry news left us in shock and awe over bank failures and the gradual fall of giant conglomerates. Then the months passed and pointing fingers and peering critics jumped into the blame game as analysts supported theories and projections. Now the regulatory environment has mortgage brokers and lenders in the spotlight as underwriting guidelines still retract back to a common sense era of mortgage lending.

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by Rachael Biermann

(Editor's intro: if a picture is worth a thousand words, then make them good ones, using Rachael's tips!)

Rachael Biermann photoThe photography in your advertisements and on your Web site can make a huge difference in how your product or service is perceived by the public. Your photos should mirror what your business offers and should represent you in the best light. Consumers make a direct connection with the photos your company releases and the product or service itself. In most cases, it would be better to have no photos than photos with dates in the bottom right hand corner, improper angles and use of space, and unnecessary objects and clutter in sight. Consider these simple tips when taking home photos:

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by Bob Stovall

(Editor's Intro: having teamed with Bob on numerous high ROI projects - let me say 6 words: read the article, then call Bob!)

Bob Stovall photoHere are some important numbers that Manufactured Housing manufacturers, dealers and community owners and suppliers need to know when they are addressing their online marketing needs.

Read more...

(Editor's Intro: For those who missed his column last month, Jim's work has been featured in a variety of print and electronic media, including MSNBC's "Your Business." TV news. For those looking for growth and improved ROI, this is a fast paced, thought provoking read.)

Jim Talerico photoFor many, the idea of changing carries with it an admission of incompleteness and a lack of knowledge. So, why would some feel the need to turn to a business coach ? The differentiator -- in my opinion -- among well educated, experienced business people is, without question, one's outlook.

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by Douglas D. Chasick, CPM, CAPS, CAS, Adv. RAM, CLP

Doug Chasick photoRegardless of how many computers you have in your office, when it comes to leasing or sales, your telephone is still the most important tool you have. Unfortunately, from what I've seen and heard, we don't use them as effectively as we could.

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by Joe Summers

(Editor's Intro: Joe will show you how to take the guess work out of marketing results!)

Joe Summers photoBusinesses spend thousands of dollars to make their phones ring. Yet, traditional call-measurement methods are often subjective and typically unreliable. This is where call tracking comes in. Call tracking solutions enable companies to, accurately and objectively, measure return on investment (ROI) for almost any form of marketing, and determine how effectively their sales personnel respond to the leads.

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by Greg McClanahan

(Editor's intro: Greg has coached some 150 manufactured home retailers and served firms such as Fleetwood Homes, Sam's Club, Conoco Philips and others with his success strategies, soft skills insights and training programs.)

Around the Campfire logoLeadership is needed today more than ever before as organizations must proactively address and respond to changing market conditions.  To sell is to lead or influence a course of action. Good management ideally means good leadership. The key word in this definition is lead. Leadership is required in every area of our life.

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by Faith Barr

(Editor's intro - Faith is the fun, new 'Ann Landers' of the Manufactured Housing Industry.)

The manufactured home community industry has long had its property managers, area managers, sales managers, operations managers and others to lead their firms to Profit, Occupancy and Sanity (from what would otherwise be chaos!). These unsung heroes are often working mothers.

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by Tim Saville

(Editor's Intro: We asked Tim to give us a snapshot of the process his firm went through to become a "green" supplier, 3.5 years before green became a common term in the market place. Interesting insights await you!)

Tim Saville photoWhen we moved into our new facility in 2004, who knew that one of the worst economic downturns would be lurking on the horizon, or that in a twist of fate, and yet incredibly well-timed, California would become a leader in green, sustainable policies aimed at reducing carbon emissions. We were being squeezed, but also presented with some interesting opportunities as more and more home builders began taking green seriously.

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by Tom Zagorski

(Editor's Intro: Zagorski's agency has developed money saving options for hundreds of MH retail customers - even on leased home sites - that can help you close more sales.)

Tom Zagorski photoAnyone familiar with today's Manufactured Homes knows that you have a product that rivals conventional housing in many positive ways. You get a client in the door, they are dazzled by the product and they start to discuss the details with you - that glorious buying signal! When you get to the discussion of home owners coverage, they may be startled at the much higher rate that some firms charge MH home owners than they do conventional housing. On a tight budget or because of the shock of the premium difference - questions or issues may arise that can cost you what would otherwise be a sale.

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Interview by Tony Kovach

Capital First Realty
Part of the Klarchek vision for revitalizing Capital First Realty's Sterling Estates location was to make a bold visual statement at the entrance with this stunning, multi-million dollar cluhbouse, stone fencing, gated entry and guard house.

Richard 'Dick' Klarchek photo"When the increasing vacancy issue hit us like it did most of the Manufactured Housing Community Industry - earlier this decade, we gathered our senior people together to discuss a new strategy." began Richard J. "Dick" Klarchek. "With many of our properties in metropolitan areas - which naturally means higher site fees than more rural communities - we realized we had to offer something more upscale if we were going to keep these (properties) as Manufactured Housing Communities. Because we believe in the affordable quality lifestyles manufactured housing provides, we didn't want to go the route of turning older 'mobile home parks' into some big box store location."

Read more...

by Michael DuPure

(Editor's Intro: Mike's high volume sales performance has worked in both the retail and community based sales operations. We're pleased to have him back from last month, if you want to enhance your sales and missed his previous articles, check it out in our archives!)

Mike DuPure photoCompanies and trainers talk about good referral business, and try to keep the sales team aware of the fact that word of mouth is some of the best advertising. By all accounts it most definitely is valuable! On the home retailing side of the MH Community business, the most obvious referral is of course one's present residents. Through the years, I've seen that good internal Customer Service is important - and in the electronic age today - it is essential. But there is another source of referral business that is often overlooked…

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by Beth Monicatti Blank

(Editor's Intro: Beth and her team's work help MH firms stand out in the marketplace; learn from her tips on how to make YOUR firm stand out too!)

Beth Monicatti Blank photoBuilding a solid brand is one of the best investments your company can make. Without brand consistency, your business loses the credibility it deserves. Potential customers may think your company may not have been in business very long or worse, that you're an unstable company to do business with.

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by Tim Connor

(Editor's Intro: Tim has addressed thousands of manufactured housing professionals and serves some 100 industry firms - read and learn what this internationally respected pro has to share with you this month!)

Tim Connor photoThere are only three ways to sell more. Do more right. Do less wrong. Or, do both. Every successful housing salesperson knows that there are many skills and attitudes that contribute to their success, but there are twelve critical attributes that the sales super stars have integrated into their overall sales strategy. The following are in no particular order, but if you want long-term consistent success you will embrace and incorporate each of them into your routine sales attitudes and behaviors.

Read more...

by Jamie Hammon, GHMA

(Editor's Intro: this delightful and insightful article is by the President of the GMHA)

GMHA-logoThose of you older than 50 may remember back when Miller Lite first started airing television commercials. One of their first ads featured a little-known baseball player named "Marvelous" Marv Throneberry, whose nickname was a sarcastic reference to his less-than-stellar defensive skills for the fledgling New York Mets in the early '60's. At the end of the ad, Marvelous Marv looked right into the camera, shook his head, and said, "I still don't know why they asked me to do this commercial." That ad was one of the first things that came to mind when Tony asked me to write an article about the value of associations like ours.

Read more...


Howard Beale - Network“I’m Madder then Hell, and I’m not going to take it any more!” For the movie buffs out there, you may recall the memorable scene in the 1976 satirical movie, NETWORK.

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Daily Business News Briefs

Patrick, UMH Surge, Manufactured Housing CV Spikes, Broader Markets Dip

Patrick, UMH Surge, Manufactured Housing CV Spikes, Broader Markets Dip

Noteworthy headlines on – CNNMoney – Trump calls for dramatic tax cuts. Chobani sues Alex Jones over “migrant rapists” claim. Hilton to hire another 20K veterans and their families. FCC chair unveils plan to roll back net neutrality. Some bullets from Fox Business – Rep. Brady: Trump’s tax reform is “Bold.” Mnuchin: We’ll lo...

26 Apr 2017

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Trump Effect: Immigration, the Border Wall, and a $14 Billion Fix?

Trump Effect: Immigration, the Border Wall, and a $14 Billion Fix?

As the Daily Business News covered recently, President Donald Trump’s first 100 days have been a whirlwind of movement, including doubling down on his promises for immigration and building the border wall. At the heart of the conversation about building the wall is the cost, estimated to be $28 billion. While that price has raised […]...

26 Apr 2017

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Triad Financial Services Creates New Program Manufactured Home Dealers

Triad Financial Services Creates New Program Manufactured Home Dealers

Triad Financial Services, Inc. tells MHProNews that it has formed the Triad Manufactured Home Risk Purchasing Group (RPG) for manufactured home dealers. Triad says that it created the program in response to the increasing demand for affordable liability insurance for manufactured home retail dealers. In addition to the insurance savings, the...

26 Apr 2017

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UPDATE: MHC Future in Doubt, the Other Side of Rent Control

UPDATE: MHC Future in Doubt, the Other Side of Rent Control

In an update to the story that the Daily Business News originally covered here, residents at the Thetis Lake Campground community in View Royal, British Columbia, Canada, are facing an imminent threat. According to Western Investor, assessments on the community are threatening the viability of the most affordable housing option in the province,...

26 Apr 2017

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President Trump at 100 Days: Numbers, Polls

President Trump at 100 Days: Numbers, Polls

As President Donald Trump reaches the magic 100-day mark in office, new polling and statistics show that many American’s believe he’s getting the job done. According to Lifezette, approximately 73 percent of American voters approve of President Trump’s performance in fighting for American jobs in an ABC News/Washington Post poll released this past...

25 Apr 2017

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Patrick, LCI Leaders, Manufactured Housing CV Ticks Up, Monster Day for Bro…

Patrick, LCI Leaders, Manufactured Housing CV Ticks Up, Monster Day for Broader Markets

Noteworthy headlines on – CNNMoney – Bannon cleared to sell Mercer-backed holdings. Big techs push Nasdaq to new milestone. Outburst by Wells Fargo shareholder halts meeting. Undocumented immigrant population in steady decline. Some bullets from Fox Business – Ted Cruz wants El Chapo, Mexican drug lord, to pay for Trump’s w...

25 Apr 2017

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Modular Housing Visions are Looking Up in New York’s Big Apple

Modular Housing Visions are Looking Up in New York’s Big Apple

In an effort to tackle the affordable housing challenges in New York City, two designers have looked up, but not to build skyscrapers. According to Dezeen, Instant City: Living Air-Right, a plan created by designers Beomki Lee and Chang Kyu Lee, calls for using vacant airspace over existing New York buildings to create affordable modular […]...

25 Apr 2017

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Acquisition, and Rumors of a Billion Dollar Acquisition, for Hometown Ameri…

Acquisition, and Rumors of a Billion Dollar Acquisition, for Hometown America

In Australia, manufactured home builder and community owner Gateway Lifestyle Group has seen significant growth since the Daily Business News reported a potential deal with Hometown America last August to purchase National Lifestyle Villages (NLV), Western Australia’s largest operator of manufactured home communities. At the time, the proposed d...

25 Apr 2017

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Keith Olbermann on Trump Supporters – Industry Reacts – When “Trailer Trash…

Keith Olbermann on Trump Supporters – Industry Reacts – When “Trailer Trash” Isn’t What You Think

In what is quickly becoming known as the “tweet heard ‘round the manufactured housing world,” former ESPN and MSNBC host Keith Olbermann’s reference to President Donald Trump supporters — former Presidential candidate Sarah Palin and musicians Ted Nugent and Kid Rock during their White House visit — as “trailer park trash” has set off a...

25 Apr 2017

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Manufactured Home Community Residents Reach Settlement In Legal Action

Manufactured Home Community Residents Reach Settlement In Legal Action

In Massachusetts, residents of the Chelmsford Commons manufactured home community have reportedly reached a six-figure settlement in a class action lawsuit against community owner, Michigan based RHP Properties. According to the Lowell Sun, the suit alleges that RHP improperly raised rents on residents over the last five years. As a result of the...

24 Apr 2017

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Carlyle’s Big Day, Manufactured Housing CV Gains, Broader Markets Roar Back

Carlyle’s Big Day, Manufactured Housing CV Gains, Broader Markets Roar Back

Noteworthy headlines on – CNNMoney – Ontario, Canada, launches guaranteed income program. Stocks soar after French election first round. Could Obamacare fight shut down Washington? Wells Fargo scandal: Where was the board? Some bullets from Fox Business – Trump wants to slash the corporate tax rate to 15%: WSJ. Trump laying down the l...

24 Apr 2017

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New Sponsors

Featured Articles and Reports - April 2017 Vol. 8 No. 7

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Proof! Manufactured Home Communities, Retailers & Builder/Developers Can A…

Proof! Manufactured Home Communities,  Retailers & Builder/Developers Can Attract, Sell Site Built Buyers

by L. A. ‘Tony’ Kovach What’s the difference between a nice sounding theory, and a profitable process?  Proof. NSP_READMORE

MARKETING

*** Price Reduction *** North Tampa Portfolio - MH & RV | 380 Sites | Flori…

*** Price Reduction *** North Tampa Portfolio - MH & RV | 380 Sites | Florida

by Christopher Nortley Portfolio Overview The North Tampa Portfolio consist of 3 communities in which 2 are located in Port Richey while the 3rd is located in Hudson, FL. All... NSP_READMORE

MARKETING

ELS Rises, Manufactured Housing CV, Broader Markets Dip

ELS Rises, Manufactured Housing CV, Broader Markets Dip

by RC Williams Noteworthy headlines on – CNNMoney – Mercedes-Benz pulls ads from The O’Reilly Factor. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

What’s the Truth About the Manufactured Housing Industry’s Potential?

What’s the Truth About the Manufactured Housing Industry’s Potential?

by Soheyla Kovach Whether or not truth is reported, or distorted, reality – the truth – is. Truth exists. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Manufactured Home Community’s Outsider Sparked Water Issues

Manufactured Home Community’s Outsider Sparked Water Issues

by RC Williams In Puyallup, Washington, the stereotypes surrounding manufactured versus site built housing are playing out in a less than ideal way. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

State Agency to Assist Low Income MH Residents

State Agency to Assist Low Income MH Residents

by RC Williams In Delaware, homeowners in need are going to get some help. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

State Law Forces City Decision on Manufactured Home Zoning

State Law Forces City Decision on Manufactured Home Zoning

by RC Williams In Queensbury, New York, manufactured housing has scored a victory. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Want Manufactured Home Community Voluntarily Rent Control, Anyone? Anyone?

Want Manufactured Home Community Voluntarily Rent Control, Anyone?  Anyone?

by RC Williams Officials in Corona, California, say that they may pursue voluntary rent control measures for manufactured home communities, in an effort to help low income and elderly... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

City Turns to Manufactured Homes in Project

City Turns to Manufactured Homes in Project

by RC Williams In Northern California, the city of Sebastopol is investing $258,000 into a project that establishes affordable housing for low-income residents at the city’s eastern gateway. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Manufactured Home Communities, Fair Housing, and Day Care

Manufactured Home Communities, Fair Housing, and Day Care

by Nadeen Green, JD The seven federally protected classes (race, color, religion, national origin, sex, familial status and disability) are hugely relevant (and reflective of the issues of discrimination... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Live Oaks & Blue Oaks MHP Portfolio | 170 Sites | Topeka, Kansas

Live Oaks & Blue Oaks MHP Portfolio | 170 Sites | Topeka, Kansas

by Christopher Nortley Property Overview MHRE Inc is pleased to present Live Oaks and Blue Oaks located in Topeka, Kansas. The communities are situated just 4.2 miles away from each other. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Brian Gallagher, Chief Operating and Financial Officer, Santefort Real Est…

Brian Gallagher, Chief Operating and Financial Officer,  Santefort Real Estate Group - RFI - FHFA, Duty to Serve Comments Letter

by Brian Gallagher Editor’s note: Brian Gallagher thoughtfully shared the comments below with MHProNews for publication.  NSP_READMORE

FINANCING

Security Mortgage Group Setting Hot Pace in First Quarter of 2017

Security Mortgage Group Setting Hot Pace in First Quarter of 2017

by Pierce Redmond Security Mortgage Group, a national award-winning MH Community lending broker, is pleased to have financed $78,632,000 thus far in 2017 for several manufactured home communities nationwide. NSP_READMORE

FINANCING

NFIB Provides Vital Small Business Guide

NFIB Provides Vital Small Business Guide

by RC Williams The National Federation of Independent Business (NFIB) is out with its 2017 Small Business Tax Guide. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Moves In U.S. Home Price Index

Moves In U.S. Home Price Index

by RC Williams New data from Case-Shiller shows that January home prices rose at the fastest rate since 2014. While this spells a win for sellers, it could eventually... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Media, MHI Members Welcomed, Industry Warned

Media, MHI Members Welcomed, Industry Warned

by Soheyla Kovach At the 2017 Tunica Manufactured Housing Show, members of the Manufactured Housing Institute (MHI), and the industry’s top trade media were welcomed – without cost – by... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Sunday Morning Weekly Recap Manufactured Housing Industry News March 26th 2…

Sunday Morning Weekly Recap Manufactured Housing Industry News March 26th 2017 to April 2nd 2017

by RC Williams Our theme for our April 2017 issue is: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Cavco’s Buyout

Cavco’s Buyout

by RC Williams Cavco Industries Inc. (NASDAQ:CVCO) tells MHProNews that it has signed a Letter of Intent, and has reached an understanding, on terms to acquire Lexington Homes, Inc. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

April Fools? – MHVille’s Complicated Politics, 2017

April Fools? – MHVille’s Complicated Politics, 2017

by Soheyla Kovach Three april fools looking at camera with different expressions, credits, MHProNews.com/GraphicStock. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

ELS’ Sam Zell Sounds Off on Trump’s Wall

ELS’ Sam Zell Sounds Off on Trump’s Wall

by RC Williams ELS Chairman and billionaire real estate mogul Sam Zell shared his thoughts recently on President Donald Trump’s plan for the border wall with Mexico, and what... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

City Residents Make Unexpected Moves – Opportunity for MH?

City Residents Make Unexpected Moves – Opportunity for MH?

by RC Williams New data shows an interesting trend – popular cities like New York, Los Angeles, and Washington D.C., normally destinations for living, are actually losing people in... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Diverse Industry Reactions to Manufactured Home Community Closure Issue

Diverse Industry Reactions to Manufactured Home Community Closure Issue

by RC Williams In Chesterfield, Missouri, residents of the town’s only manufactured home community received some very shocking news this week. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Chicago’s Mayor Favors Massive Modular Project

Chicago’s Mayor Favors Massive Modular Project

by RC Williams In a follow up to a story that Daily Business News originally covered here, Chicago Mayor Rahm Emanuel is “gung ho” about developers planning to build 12,000 modular homes,... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Developers Going MOD in Housing Crisis

Developers Going MOD in Housing Crisis

by RC Williams In Baton Rouge, Louisiana, two developers have turned to modular housing to ease the stress of finding housing. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Barry and “Be the Change!” Doing Good, Pays

Barry and “Be the Change!” Doing Good, Pays

by L. A. ‘Tony’ Kovach We decided this month to highlight a simple yet profound reality. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Is What You Say Always Consistent with What You Believe?

Is What You Say Always Consistent with What You Believe?

by Tim Connor, CSP There is a Native American legend that says - you will only get into Heaven leaning on the shoulders of someone you helped while you... NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

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Classifieds

Press Releases

Triad Financial Services Inc., Announces…

Triad Financial Services Inc., Announces Formation of Triad Manufactured Home Risk Purchasing Group for Manufactured Home Dealers

Jacksonville, Fla. (April 21,2017) – Triad Financial Services, Inc (Triad) has been providing services to the manufactured home industry for over 50 years. During this time, Triad has incorporated various services to better assist those in the manufactured home industry. In 2016, Triad created a Risk Purchasing Group (RPG) in response to the increasing demand for affordable liability insurance for manufactured home retail dealers. In addition to insurance savings, the program will provide periodic loss prevention and risk management tips and information. In addition to the general liability program, Triad’s insurance division provides competitively priced inventory open lot coverage, commercial property coverage, commercial auto insurance, coverage for contractors equipment, as well as access to a national homeowners program for manufactured housing. Recent changes in the manufactured home general liability insurance markets have...

the MHMSM Team 26 Apr 2017 Corporate Press Releases

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Call for Nominations for the RV/MH Hall …

Call for Nominations for the RV/MH Hall of Fame Class of 2018

ELKHART, Ind., -- It's still six months until the October 31, deadline for nominations for the RV/MH Hall of Fame Class of 2018, and Darryl Searer, president of the RV/MH Heritage Foundation (Foundation) wanted to remind those considering nominating someone that they should start working on their nomination. Searer said, "Even though we are intensely planning for the induction dinner celebration for the Class of 2017 on August 7, 2017, it's really not too early to start the process of nominating a deserving individual to the Hall of Fame for the Class of 2018. It's a lengthy process that should not wait until the last minute, so I urge those who are considering a nominee to download the guidelines and forms so their nominee can be considered for the Class of 2018." The nomination...

Soheyla Kovach 21 Apr 2017 Corporate Press Releases

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*** Price Reduction *** North Tampa Port…

*** Price Reduction *** North Tampa Portfolio - MH & RV | 380 Sites | Florida

Portfolio Overview The North Tampa Portfolio consist of 3 communities in which 2 are located in Port Richey while the 3rd is located in Hudson, FL. All the communities have very desirable locations and convenient for an owner to have centralized management to create economies of scale. The trailing cap rates as a portfolio are in the 6.06% to 8.09% range while the year 1 pro-forma cap rates are in the 7.09% to 8.58% range.  This portfolio is a perfect opportunity for an investor to capitalize on the strong demand and growth occurring in Florida while being able to create economies of scale with a purchase of 380 sites. Portfolio Summary Investment:              3 Property Portfolio Star Class:               2-3 MH Sites:                 70 RV Sites:  ...

the MHMSM Team 04 Apr 2017 Corporate Press Releases

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SECURITY MORTGAGE GROUP Finances $78,632…

SECURITY MORTGAGE GROUP Finances $78,632,000 in the First Quarter 2017

ROCHESTER, N.Y. – Security Mortgage Group, a national award-winning MH Community lending broker, is pleased to have financed $78,632,000 thus far in 2017 for several manufactured home communities nationwide. The most recent March closings included the following: Managing Director, Gerard D. DiMarco, Jr., secured acquisition financing for two manufactured home communities totaling 192 sites in Wyoming. The $4,750,000 loan featured a limited prepayment penalty and flexible lending terms. Gerry also helped negotiate financing for a repeat client’s purchase of a 184-site mobile home and RV park in Corpus Christi, TX with a non-recourse loan of $2,445,000.  Anthony J. DiMarco, the other managing director, helped negotiate financing for a repeat client’s Ohio and Kentucky MHC Portfolio with over 700 sites. The $26,025,000 non-recourse loan featured a long-term fixed rate.   In addition, Anthony closed a...

the MHMSM Team 04 Apr 2017 Corporate Press Releases

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Live Oaks & Blue Oaks MHP Portfolio | 17…

Live Oaks & Blue Oaks MHP Portfolio | 170 Sites | Topeka, Kansas

Property Overview MHRE Inc is pleased to present Live Oaks and Blue Oaks located in Topeka, Kansas. The communities are situated just 4.2 miles away from each other. Together, there are 170 MH sites. Blue Oaks has 8 park owned homes, of which 5 are occupied. It has strong employment next door with two distribution centers for Target and Home Depot. Live Oaks has 11 park owned homes, of which 4 are occupied. This community is in an excellent location with great road frontage and heavy traffic count, and it is near the university and other various businesses. The current owners have put in time and effort to clean and fix up the communities. They repaired and replaced the underground utility lines and fixed up the roads. The market for rentals is available,...

the MHMSM Team 04 Apr 2017 Corporate Press Releases

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Sizzling Sunshine Homes! @ Tunica Show …

 Sizzling Sunshine Homes! @ Tunica Show = Exclusive “Total Package” for More Sales for Retailers, Communities, and Builder/Developers

Business is BOOMING at Sunshine Homes!  Retailers, communities, and builder/developers are watching homes sell fast and at good margins.  Let’s review some of the reasons. As important as great homes are, what we do to support our independent retailers and communities that compliments those sizzling model homes in your inventory can mean the difference between okay sales, and homes that turn several times a year. First, if you’re ready to attract more customers that pay cash or has good credit, look no further than Sunshine Homes.  Our Energy Star ™ rated homes are residential designs that impress and sell previous owners of conventional homes.  You can have floorplans ordered either as a HUD Code manufactured home, or as a state coded modular home. Award-winning Stan Dye of Star Homes says that 99% of...

the MHMSM Team 24 Mar 2017 Corporate Press Releases

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